LRS 1.92% 26.5¢ latin resources limited

LATIN RESOURCES | Red Cloud's Pre-PDAC 2024 - YouTube new video...

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    LATIN RESOURCES | Red Cloud's Pre-PDAC 2024 - YouTube new video out of PDAC 2024
    • pipeline of new resource prospects in the area
    • Looking at north of 100mt resource - easy mode.
    • DFS is based on 63mt
    • 15 rigs on site
    • Colina is still open at depth - he's not chasing it
    • 20+ years + mine life without drilling at depth further
    • resource finished at the end of march
    • Planalto only drilled 1 hole so far - more drilling after infil drilling
    • 1 open pit 100 employeess
    • 10km from Salinas town
    • going to upgrade roads around the area and lay water pipeline and power
    • 3 ports vying for the business
    • doubling the amount of materials for the DFS
    • looking at the US for offtakes
    • we dont expect the capex to change
    • LRS and Sigma - make brazil number 3
    • upgrade and resource coming out in May
    • Offtake discussions no short of appetite
    • construction 2025
    • funded all the way to the end of the year
 
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