Latin Resources Announces Option Secured on Lithium Mine in Argentina | Finance News Network

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Latin Resources Announces Option Secured on Lithium Mine in Argentina

HIGHLIGHTS

• Binding Letter of Intent gives direct path to 100% Latin Resources ownership of the Las Cuevas mining concession

• Other nearby prospective concessions included in agreement

• Main Pegmatite up to 70m thick, more than 400m long and gently dipping at 30 degrees. The area also contains multiple unexplored pegmatites

• Field work to identify lithium enriched pegmatites and develop drill target on the other four concessions to commence.

Latin Resources Limited (ASX:LRS) (“Latin” or “the Company”) is very pleased to announce that it has signed a Letter of Intent for the 100% ownership of the Las Cuevas concessions in the province of San Luis, Argentina through the signing of a Binding Letter of Intent (LOI) with the Vendor.

The Las Cuevas mine has been historically linked to lithium mining in San Luis and contains high grade lithium bearing pegmatites.


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