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Latin Resources Ltd gearing up to start drilling ‘within weeks’ at Catamarca

Tuesday, November 29, 2016 8:09
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(Before It's News)

Latin Resources Ltd (ASX:LRS) Managing Director Chris Gale speaks to Proactive at Mines and Money 2016 and updates investors on their lithium projects in Argentina.

The company’s been granted its final two tenements totalling 7,050 hectares, which expand the now 76,700 hectare Catamarca lithium project.

Gale says: ”Back nearly six months ago we went out looking for Lithium projects in South America. We’ve been in South America now for seven years mainly focused on Peru”.

”Catamarca is well advanced – we now have the mining and environmental permits in place … we expect those approvals shortly and we’re very excited because we’re going to start drilling within the next few weeks – hopefully in December.”

Gale adds: ”We’re very, very focused – we’ve just brought on board a new exploration development manager.  It’s exciting, we’ve got a good team and hopefully  we can start looking at production in the next year or so.”

Story by ProactiveInvestors

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