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- Latin Resources (LRS) has signed land access agreements with landowners at its Noombenberry Halloysite Kaolin Project
- The newly-granted access will allow LatinResources to push ahead with its maiden drilling program at the WA-based project
- Aircore drilling is planned for Noombernberry to test the extent and material characteristics of the halloysite mineralisation
- The company expects this drilling to begin later this quarter, pending the necessary regulatory approval
- Previous surface samples at the site returned results of 38.9per cent kaolinite and 15 per cent halloysite
- Shares in Latin Resources are trading up 4.76 per cent at 2.2 cents each
Mineral exploration company Latin Resources (LRS) has hit a new milestone at its Noombenberry Halloysite Kaolin Project after it officially signing land access agreement.
The newly-granted access from landholders will allow Latin to push ahead with its maiden drilling program at the WA-based project.
Preparations are now underway at Noombenberry, with the company planning to conduct systematic first pass, shallow aircore drilling at the site to outline the scope of halloysite kaolin mineralisation.
At this stage, Latin expects that maiden drill program to kick off later this quarter — pending all necessary regulatory approvals being secured from the WA Department of Mines, Industry Regulation and Safety.
Previous surface rock chip samples taken from Noombenberry have returned best results of 38.9 per cent kaolinite and 15 per cent halloysite, providing the company encouragement for high-grade potential at the site.
“High grade Halloysite Kaolin producers globally are in decline and the product is finding more uses in both technology applications such as EV batteries, medical applications and as well as industrial storage of carbon and hydrogen and as a concrete additive,” Latin Managing Director Chris Gale said.
“Hence we are fairly excited to be beginning exploration of this potentially
significant project,” Chris added.
Shares in Latin Resources were trading up 4.76 per cent at 2.2 cents each at the close of market today.
