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I got a bag of LRS Latin Resources last year on a hunch that most things lithium would go up and with the recent increase i'm trying to learn a bit more about the company itself but i'm stuck on core samples.

"Mineral Resource Estimate at its Colina Lithium Deposit of 45.2Mt @ 1.34% Li2O, reported above a cut-off of 0.5% Li2O." https://www.latinresources.com.au/

how dose someone with no real knowledge of this understand what deposits of 45.2Mt @ 1.34% Li20 means, i've been trying to figure it out on google but i'm struggling.

Id like to know how the core sample findings correlate to value and what should be considered when trying to compare Latin Resources with a similar project like Sigma Lithium.

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1 year ago