Latin Resources (ASX: LRS) has recently started test work for its 1.073 billion tonne at 6.1% HM Los Conchales Resource at its Guadalupito iron and mineral sands project in nothern Peru.
Managing director Chris Gale will present at the Proactive Investors’ "Stars in 2013 Series" Investor Forum on Wednesday 27th November.
REGISTER HERE or call (02) 9299 5001 for more information.
Summary of Latin Resources:
- Mineral exploration and development company based in mineral rich Peru with a focus on iron & mineral sands
- Acquired a major and potential world class mineral sands project at Guadalupito in 2011.
- Close to Port & Infrastructure, Close to infrastructure - Port & Hwy
- Completed Scoping Study Guadalupito
- Completed JORC Resource of 1.3Bt
- Conceptual exploration target of over 4 Billion tonnes of mineralised sediments
- Two major minerals: magnetite 25% of HM and andalusite 26% of HM
- Discrete liberated mineral grains of recoverable size of zircon, rutile and ilmenite have been identified.
Strategy and Goals for 2014
- JORC inferred resource at Guadalupito upgraded to 1.3 Billion tonnes – search for J/V partner
- Commence mining planning and production at Guadalupito
- Commence detailed exploration and drilling program at Ilo Norte and Latin Resources 100% owned Ilo Concessions
- Identify Iron Ore projects in Brazil
Chinese companies will spend $100b in Latin America by 2020, providing partnering opportunities as well as a source of joint venture, project and equity funding.
Identify Iron Ore Project in Brazil
New Board Strategy to explore for Iron Deposits in Brazil
- Must be close to Port and Infrastructure
- Ability to host 1 billion tonne plus
- Ability to move into production quickly
In all, a fascinating company.
Start time: 5:30pm - Please arrive by 5:15pm.
Date: Wednesday 27th November 2013
Place: Radisson Blu Hotel - Cnr Pitt & O'Connell Street
Five exciting companies are presenting with three Lucky Door Prizes, which is then followed by a wine and canapé reception where you can personally interact with the presenting MD's & CEOs.
The event is FREE to attend but make sure you REGISTER today as the seats are filling quickly already.
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