Latin Resources hits copper and iron in all eight holes at Ilo Norte in Peru

Latin Resources strategically well positioned Ilo Norte projegold mine project planct in Peru is developing into a copper gold play, after all eight exploratory holes drilled along a 1.25 kilometre strike intersected copper and iron (magnetite) - along with some gold.

The drilling targeted parts of a series of magnetic anomalies that underlie some of Latin’s 7000 hectares of mining concessions at the project. Gold anomalism coincident with copper mineralisation intersections included 14 metres at 0.55% copper and 0.13 grams per tonne (g/t) gold from 52 metres, and 22 metres at 0.22% copper and 0.09g/t gold from 254 metres. Chris Gale, managing director, said “We are impressed by the apparent thickness of the mineralised unit at Ilo Norte which has come up much greater than originally expected and also encouraged by the added surprise of the possibility of copper-gold mineralisation in the vicinity of the project. These drilling results have opened up a...