Potential strike zone at lithium discovery increased to 2.2km

Published 13-JUL-2022 10:51 A.M.

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This morning our lithium exploration Investment Latin Resources (ASX: LRS) managed to increase the size of its new lithium discovery in Brazil.

The increase comes through the securing of tenements immediately to the south of LRS’s 21.1m @1.2% lithium intercept, where the lithium deposit is open trending southwards.

Before the increase in the project area, LRS’s discovery sat on a ~1km strike length, after today’s news, LRS has an additional 1.2km of potential strike to test.

This means LRS could potentially increase the size of its project over a total strike length of ~2.2km.

LRS currently has three diamond drill rigs running on site (with a fourth rig arriving in late July) as part of a 25,000m resource drilling program.

With the deposit open along strike to the south LRS have already started drilling into this newly secured strike zone with drillholes 24 and 25 testing for extensions to its lithium discovery to the south.