• Binding Terms Sheet gives direct path to 100% Latin Resources ownership of an additional five lithium concessions in San Luis Province.
• A total of 44,177 hectares in the North East of the Sierra de San Luis in close proximity to LRS’ existing concession applications has been secured
• The area hosts known historical lithium pegmatite mines that produced spodumene concentrate grading 6.3% to 8.1% Li2O including La Meta and Cabeza de Novilla
• The total concession area in San Luis under Latin Resources control is over 145,000 hectares. The total concession area in Argentina is now 294,000 hectares
Latin Resources Limited (ASX:LRS) (“Latin” or “the Company”) is very pleased to announce that it has secured the 100% ownership of Condor lithium concessions in the North East part of San Luis, Argentina through the signing of a Terms Sheet with Kontrarian Resources Fund No 1 (“Vendor”). The concessions are in the vicinity of historic lithium mines.
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