Welcome to our dedicated page for Latin Metals news (Ticker: LMSQF), a resource for investors and traders seeking the latest updates and insights on Latin Metals stock.
Latin Metals (LMSQF) provides investors and industry stakeholders with comprehensive updates on corporate developments within the metals sector. This centralized resource aggregates official press releases, financial disclosures, and strategic announcements from the Vancouver-based commodity processor and trader.
Visitors gain access to critical updates including earnings reports, governance changes, and operational milestones. Recent developments such as executive appointments and incentive stock option grants demonstrate the company's commitment to transparent corporate practices aligned with shareholder interests.
The news collection serves as a vital tool for tracking market positioning within industrial metals processing and commodity trading sectors. Users can monitor strategic initiatives impacting supply chain operations and metallurgical advancements while staying informed about leadership decisions that shape corporate direction.
Bookmark this page for ongoing access to verified information about Latin Metals' activities in global metals markets. Check regularly for updates reflecting the company's operational strategies and responses to evolving industry conditions.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) has announced the discovery of two new mineralized zones at its Auquis Project in Peru, indicating high-grade copper and base metal potential. The Tinto Zone shows copper grades of 1.8% and silver at 54 g/t, while the Blanco Zone returned up to 9.3% zinc and 6.1% lead. These findings point to a large hydrothermal system with both porphyry and skarn deposits. The company is currently awaiting results from a ground magnetic survey to further refine exploration efforts. Latin Metals holds six entirely owned copper properties within the Coastal Copper Belt, with plans for continued exploration in 2023.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) has submitted a drill permit application for up to 11,900 meters, covering potential targets at the Organullo, Ana Maria, and Trigal Gold projects. This comes as AngloGold Argentina Exploraciones S.A. has rapidly advanced exploration at Organullo, having identified drill-ready targets just weeks after signing an option agreement in mid-2022. The exploration plans include a 7,000-meter Phase 1 drilling program in 2023, contingent on permit approvals. The collaboration with AngloGold leverages their technical expertise, enhancing the project’s prospects.
Latin Metals Inc. has announced the sale of its El Quemado lithium project to South American Lithium Ltd. for $900,000 in total consideration. The agreement includes an initial cash payment of $400,000 and 1,000,000 units of SAL's common shares. Latin Metals retains a 2% net smelter return royalty on future production from the project, with the option for SAL to repurchase half for US$3,000,000. This transaction aligns with Latin Metals' strategy to monetize non-core assets while securing future royalty income.
Latin Metals Inc. (TSXV: LMS; OTCQB: LMSQF) has announced the discovery of high-grade copper mineralization at its 100%-owned Para project in the Coastal Copper Belt, following an initial exploration that involved geochemical sampling of talus fines. The results showed significant copper anomaly levels, with values ranging from 251 ppm to 1,505 ppm. The company has also staked an additional 1,300 hectares, increasing the total area to 1,900 hectares. Future steps involve expanding the talus survey and conducting detailed rock chip sampling. The firm's webinar for corporate updates is scheduled for February 16, 2023.
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