Latin Resources Limited announced the discovery of a new lithium mineralised zone, some 500m west of the Colina prospect, and also provides an update on the program of resource definition drilling and other studies currently ongoing at the Company's 100% owned high-grade Colina Lithium Prospect. Colina West Prospect - Discovery Hole; Assay results from diamond drill hole SADD033 have now been returned, confirming the intersection of a new swarm of spodumene bearing pegmatites. SADD033 is collared approximately 500m to the west of the main Colina Pegmatites and has intersected a previously untested zone of mineralisation.

Logging highlighted 15 separate pegmatites, many of which have returned significant lithium grades including 2: SADD033: 1.78m @ 1.33% Li2O (120.53 - 122.31m); 1.67m @ 1.36% Li2O (275.38 - 277.05m) 18.71m @ 1.32% Li2O (321.15 - 339.86m); incl: 4.00m @ 1.94% Li2O (322.00 - 326.00m); and: 4.00m @ 1.58% Li2O (334.00 - 338.00m). With drilling required for the current maiden inferred JORC Mineral Resource Estimate ("MRE") now complete, the Company can begin to focus some drilling resources on new priority areas like Colina West, and the southern extensions of the main Colina Prospect. Colina Prospect - Resource Definition Drilling; Resource definition diamond drilling is on track for the delivery of the maiden MRE for Colina in December this year.

All holes for the inferred JORC MRE are now complete, including detailed geological logging and sampling. Sample process and assay turnaround from the laboratory in Brazil is also well on track to enable the Company to meet the December delivery date. Results continue to confirm the continuity of grade and thickness of the high-grade Colina pegmatites at depth.

Latest results include an intersection in hole SADD031 which has returned the highest-grade intersected to date on 4.17m @ 5.79% Li2O. Significant intersections include 3: SADD030: 12.00m @ 1.82% Li2O from 149.00m incl: 8.00m @ 2.31% Li2O from 149.00m, 20.19m @ 1.45% Li2O from 209.00m, incl: 10.00m @ 1.88% Li2O from 213.00m, SADD031: 7.00m @ 1.13% Li2O from 201.00m incl: 2.00m @ 2.20% Li2O from 201.00m; 6.15m @ 1.56% Li2O from 286.60m; incl: 3.15m @ 2.12% Li2O from 289.30m; 8.45m @ 3.57% Li2O from 306.00m; incl: 4.17m @ 5.79% Li2O from 309.10m.