Noombenberry Halloysite Project delivers again for Latin Resources

By Trevor Hoey. Published at Mar 17, 2021, in Mining

Latin Resources Limited (ASX:LRS) has released promising results from drilling that was conducted at its Noombenberry Halloysite Project in Western Australia in an area where logging showed a very thick zone of kaolinitic saprolite, confirming that there is also strong halloysite development within the ultra-bright white kaolinite.

With results received from 300 of the 750 samples submitted for detailed test work at the Noombenberry Project, the company is on track to deliver a maiden JORC resource in the June quarter of 2021.

This comes on the back of steady news flow in recent weeks with management advising of ‘’exceptional results’’ from four grab/float samples collected as a part of a reconnaissance exercise in consultation with the landholder.

However, the latest results returned the thickest high-grade halloysite and ultra-bright white kaolin intersections to date.

As a part of the company’s routine analytical process, selected samples are sent for Scanning Electron Microscope Quality Control analysis.

Results from this work have shown promising halloysite nano-tube development with high aspect ratio (length to width ratio) as illustrated below.

This quality control analysis is extremely important in the early stage of a new project of this nature, with the company’s exploration team working closely with the laboratory and other specialised industry experts to ensure the highest standards of test work and results are achieved.

Management is continuing to engage with potential offtake partners and is progressing discussions throughout the resource estimation process as more detailed information in respect to the potential scale and material characteristics of its Halloysite project comes to hand.

Commenting on the consistently encouraging results, Latin Resources executive director, Chris Gale said, “The Noombenberry project just keeps on delivering high-quality results.

"These latest results are from an area where our geologists logged and reported a very thick zone of kaolinitic saprolite development and have confirmed we have encountered very-high quality kaolinite and strong halloysite nano-tube development.”

"While we still have a number of samples working their way through analysis, we are on track to deliver a maiden JORC resource in Q2 2021, while continuing our early-stage discussion with potential offtake partners.”


Where to invest $1,000 right now


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 Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com 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.

Finfeed.com 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.

Finfeed.com 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!

X