Latin Resources’ halloysite samples continue to shine

By Trevor Hoey. Published at Mar 10, 2021, in Mining

Latin Resources Limited (ASX:LRS) has released a second batch of results from its 100% owned Noombenberry Project that has continued to show bright to ultra-bright kaolinite and high-grade halloysite with individual composite sample grades of up to 23% halloysite/87 ISO-B Brightness.

This builds on news released just a fortnight ago when the company advised the market that ‘’Exceptional results had been received from four grab/float samples collected as a part of a reconnaissance exercise in consultation with the landholder at the company’s 100% owned Noombenberry Halloysite Project in Western Australia.’’

It was noted at the time that results from the first 100 samples submitted by LRS for test work had confirmed that the project contained very high-grade halloysite with individual composite sample grades of up to 37% halloysite contained within the bright white (>75 ISO-B) to ultra-bright white (>84 IOS-B) kaolinite at Noombenberry.

Consequently, these latest results serve as further confirmation that the group could be in a position to significantly expand what is now shaping up as a highly promising resource.

On this note, Latin Resources executive director Chris Gale said, “We are extremely pleased to see our initial results mirrored in this next batch of results from our test work.

"We now have results for over 50 of our 197 holes drilled at Noombenberry, and we are seeing continuity and consistency of the high-grade halloysite and bright to ultra-bright white kaolinite.

"This is shaping up to be a very large and more importantly, a high-quality deposit that we expect will command strong attention from potential end-users."Work is well underway on building our geological wireframes, so that we can be ready to commence the resource estimate as soon as all of our test work results have been received.

"The team is focused on fast-tracking this process, as well as looking toward the next phase of drilling to extend our coverage to the north, where our initial results show the mineralisation remains open.”

Further drilling followed by resource estimate and potential offtake deals

Management plans to re-commence drilling once all statutory approvals have been received to extend the current drill coverage into its adjacent 100% owned tenement E77/2624 (see below), where these initial results show the bright-white kaolin and high-grade halloysite mineralisation is open to the north.

Latin has formally engaged an independent consulting group to undertake a maiden JORC resource estimate for the Noombenberry Project mineralisation.

The company’s geological team is working closely with the consultant group with geological domaining and construction of the wireframe model underway.

This precursor work will enable the fast-tracking of the estimation process once all test work results have been received.

Management said that it is already receiving enquiries from potential offtake partners and the company will continue to progress these discussions as it gains a better appreciation of the scale and characteristics of the Halloysite project.

Shares in Latin Resources have surged in the last 12 months, more than doubling to yesterday’s closing price of 6.2 cents.

However, today’s positive news along with near-term catalysts such as further exploration results, the award of permitting agreements and developments regarding offtake agreements have the potential to provide substantial share price momentum.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!