Something big is happening?, page-8

Hey
Has anyone heard how the development of the new technology is going?

quote: The UNCuyo researchers discovered and developed the Technology as an alternative to the current method of lithium extraction: the rock is crushed and, through chemical treatments, the lithium is recovered in the form of salts. The method is environmentally friendly, and it leaves no environmental legacies which other procedures do that are currently being used for lithium carbonate recovery. Dr Rodriguez has stated "It is an alternative process that lower the costs and makes intensive use of the mineral besides lithium; several commercially important products are also obtained through the process" Importantly, the Technology was developed at the UnCuyo University using lithium spodumene samples from the San Luis province of Argentina. The Technology would therefore prove to be highly Page | 3 valuable to Latin if proven successful at a scalable size as Latin controls a large number of concessions that host lithium spodumene pegmatites in the San Luis province. The strategy moving forward for Latin Resources is now to produce a maiden JORC resource, to run in parallel with the design and permitting of a spodumene plant to add to an existing mining plant operation in San Luis. The recent acquisition of known high grade lithium deposits coupled with Latin Resources other lithium pegmatite concessions together with existing plant processing capacity in San Luis presents a unique opportunity for Latin Resources to fast track production of spodumene concentrate. The successful development of the lithium carbonate Technology would then enable Latin Resources to provide the full value chain of processing hard rock to spodumene concentrate to lithium carbonate for the expanding global electric battery market. end quote.