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27-12-2022, 12:01 PM
#131
Originally Posted by nztx
I'm looking just over the fence .. next door
it looks pretty good
I like neighbours like LRS and some of the big boys
Yes RIO hoovering up neighbouring permits ...
from interview with RIO mgmt>>
"Ms Kaufman said Rio anticipated enormous demand for lithium this decade and beyond and a big supply shortage even if every lithium project in the pipeline made it into production."
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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04-01-2023, 08:47 PM
#132
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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05-01-2023, 03:21 AM
#133
Last edited by nztx; 05-01-2023 at 03:25 AM.
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06-01-2023, 02:40 PM
#134
Originally Posted by nztx
Something interesting is sitting next door / not far away from LRS's deposits JB ?
The handbrake comes off tomorrow, and it's dirt cheap right now ..
right which deposit >>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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07-01-2023, 12:38 AM
#135
Originally Posted by JBmurc
right which deposit >>
From a HC posting:
The Salinas II tenements (from Mars) are the orange-brown ones that feature on both maps. Now there is one very thin Salinas ii tenement, at the very right-hand side (East) of the map, that is closer to 100kms away but that is one single outlier. The two Salinas II closest to LRS are easily within 5kms. The next four Salinas II tenements are slightly further east are probably closer to 15-40kms.
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24-01-2023, 11:55 AM
#136
Latin Resources’ Geology Manager, Tony Greenaway, commented:
“These latest results from our 2022 drilling campaign are exceptional. We have intersected over 67
cumulative meters of highly mineralised pegmatites in drill hole SADD055, which was collared
approximately 200m to the south of the Colina West discovery hole SADD033.
“The Colina West area is shaping up to be a critical new discovery for the Company. The thick high‐
grade mineralisation we have encountered here is on par with, or arguably better that the main Colina
deposit. The potential scale of the Colina West discovery, highlighted by these latest results, means
that this area is a major focus for our current 2023 drilling campaign. We believe, that with more
drilling, Colina West has the potential to deliver significant tonnes to the overall resource base for the
Project.”
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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24-01-2023, 12:51 PM
#137
Yes ... but then I was always very confident in LRS future since first hitting high grade Lithium down the road from Sigma >>IMHO low target 40Mt upside just in this present main Lithium project 60-70Mt Li 1.2% etc ..... now what would that be world ...$A1 -$2 Billion cap ?Sigma’s total mineral resource sits at ~85.6mt with lithium grades of ~1.43% across multiple discoveries.https://catalysthunter.com/mining/lr...c-resource/LRS maiden JORC resource was for 13.3mt with a lithium grade of 1.2% and an exploration target of 22mt at Colina. These numbers do not include the Colina West area and the assay results released today. LRS now has eight diamond drill rigs on site, for a planned 65,000m, yes that’s 65km of diamond drilling.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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08-02-2023, 07:20 PM
#138
The story just gets better.,.I suppose actual production/fruition of potential remains in doubt ..obviously ....Has this company the where for all/nouse to full fill its promises.JB...have you considered going over there and checking out these fellas.
Last edited by troyvdh; 08-02-2023 at 07:22 PM.
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09-02-2023, 08:06 PM
#139
Originally Posted by troyvdh
The story just gets better.,.I suppose actual production/fruition of potential remains in doubt ..obviously ....Has this company the where for all/nouse to full fill its promises.JB...have you considered going over there and checking out these fellas.
Now that would be a great company paid trip ... first LRS need to surge to 50c+ ...then I can go first class ...
As to timelines the goal is to follow 4Bill SIGMA path to production down the road ...think it's 2026-7 production for LRS if all goes to plan
https://www.investi.com.au/api/annou...5f788d-acd.pdf
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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10-02-2023, 01:41 PM
#140
Originally Posted by JBmurc
Now that would be a great company paid trip ... first LRS need to surge to 50c+ ...then I can go first class ...
As to timelines the goal is to follow 4Bill SIGMA path to production down the road ...think it's 2026-7 production for LRS if all goes to plan
https://www.investi.com.au/api/annou...5f788d-acd.pdf
Thoughts on rough SP price range if all goes according to plan?
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