Latin Resources (LRS) is an exploration company looking for metals that will help move the world towards net-zero emissions. The company is focused on lithium and copper projects in South America, and in Australia it has the Cloud Nine kaolin-halloysite project. Its lithium projects are the Salinas pegmatite project in Brazil and the Catamarca pegmatite project in Argentina.
In early October, the company announced a new discovery at the Colina prospect after drill results showed multiple high-grade lithium-bearing pegmatites. Further good news were obtained from the Corian deposit where the company expects to recover a total of 13.3 million MT with about 1.3% lithium oxide.