Latin Resources drilling results could see peer comparison rerating


Latin Resources Limited (ASX:LRS) has completed first pass and infill air-core drilling at its 100% owned Noombenberry Project, east-southeast of Merredin, Western Australia.


Investors like what they see, particularly given they have noticed the success of peers such as Andromeda Metals (ASX: ADN), and the company’s shares opened 27% higher on Tuesday morning.


The company completed 197 drill holes for a total of 4,430 metres of vertical shallow air-core drilling over an area of approximately 4.5 kilometres by 4 kilometres (18 square kilometres), to test the extents of a known Kaolinite - Halloysite occurrence where previous sampling has returned results of 38.9% Kaolinite, 15% Halloysite and 31.8% K-feldspar....


Link: https://finfeed.com/small-caps/mining/latin-resources-drilling-results-could-see-peer-comparison-rerating/

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