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- Latin Resources (LRS) has unearthed some compelling halloysite and kaolinite findings at its Noombenberry Project in WA
- Best results from the first 100 samples include 17 metres at 15 per cent halloysite and 79.2 per cent kaolinite, beginning just nine metres down with a seven-metre section grading at 27.3 per cent halloysite and 66.6 per cent kaolinite
- Notably, the intersected halloysite reached brightness levels greater 75 ISO, with some sections reaching above the ultra-bright 84 ISO grading
- Following the strong initial findings, Latin Resources has already tapped an independent consulting group to undertake a maiden mineral resource estimate for the project
- Latin Resources is in the grey at 7.2 cents per share
Latin Resources (LRS) has unearthed some compelling halloysite and kaolinite findings at its Noombenberry Project in WA.
After drilling around 4400 metres across nearly 200 holes, the company wrapped its maiden drilling effort at the site back in January.
Assays from the first 100 samples of the campaign have now been returned, and best results include 17 metres at 15 per cent halloysite and 79.2 per cent kaolinite, beginning just nine metres down with a seven-metre section grading at 27.3 per cent halloysite and 66.6 per cent kaolinite.
Notably, the intersected halloysite reached brightness levels greater 75 ISO, with some sections reaching above the ultra-bright 84 ISO grading.
Following the strong initial findings, Latin Resources has already tapped an independent consulting group to undertake a maiden mineral resource estimate for the project. This process is underway, and both groups hope to fast track the estimation as soon as the rest of the assay results become available.
Latin Resources Executive Director Chris Gale said he and his team are “extremely pleased” with the first batch of samples.
“While these results are from just a small portion of the drilling completed at Noombenberry, our logging suggests that we have intersected similar kaolinized granite across the 18 square kilometres tested by the full program, and we are yet to have results back from the area where we have logged our thickest kaolin intersections which were up to 50 metres,” he added.
“This is an extremely exciting time for the company, as we believe that the Noombenberry Project has the potential to unlock significant value for Latin shareholders due to the sheer scale and quality of the material discovered by our team.”
Latin Resources is in the grey at 7.2 cents per share at 9:46 am AEDT.
