Latin Resources Limited provided the following update on resource definition drilling and other studies currently ongoing at the Company's 100% owned highgrade Colina Lithium Prospect.Diamond drilling is on track for the delivery of the maiden Mineral Resource Estimate for Colina in December this year. Latest assay results from diamond drilling at the Company's 100% owned Colina Prospect, part of the broader Salinas Lithium Project in Brazil, continue to confirm the continuity of grade and thickness of the highgrade Colina pegmatites at depth. Latest result include: SADD023: 26.88m @ 1.40% Li2O from 94m, Inc: 18.00m @ 1.61% Li2O from 97m.

SADD026: 28.80m @ 1.16% Li2O from 307m, Inc: 14.80m @ 1.51% Li2O from 321m. DD024:10.00m @ 1.05% Li2O from 186m, .00m @ 0.64% Li2O from 293m. DD025: 2.00m @ 0.89% Li2O from 190m, DD027: 2.15m @ 0.67% Li2O from 198m, 51m @ 0.94% Li2O from 220m,Inc: 1.66m @ 1.24% Li2O from 220m/lina Prospect - Metallurgical Test Work Results As previously announced2, the Company has commenced a series of metallurgical test work programs with the initial first pass sighter test work showing a high recovery of 78.72% of the Li2O into a concentrate grading a very high 6.57% Li2O.

Further sighter test work will be undertaken with additional samples being prepared. These additional sighter tests will further explore the optimal crush size, and additional heavy liquid separation cut points in order to optimise the larger test work flowsheet for the planned detailed Preliminary Economic Assessment. In addition to the current resource definition drilling campaign, Latin has recommenced regional mapping activities focused on the Salinas South tenement area located approximately 17.0km to the southwest of Colina, where the previous seasons' exploration work identified a `lithium corridor' extending across 4.0km.

Soil sampling completed toward the end of the previous campaign highlighted an area of anomalous lithium in the northeast of the tenement. New mapping will focus in this area to refine the initial drill targets as well as extending geochemical sampling along the full extent of the mapped prospective corridor.