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 Inc. (LMSQF) is a copper, gold and silver exploration company with projects in Peru and Argentina, and its news flow reflects an active exploration and partnership strategy. Company news releases highlight the prospect generator model, under which Latin Metals secures option agreements with other mining companies to fund exploration on its portfolio of 18 projects.
News coverage for Latin Metals often focuses on project-level milestones. Examples include drill permitting and acquisition updates at the Cerro Bayo silver-gold project in Santa Cruz Province, Argentina, and option agreements such as the deal with Daura Gold Corp. on the Cerro Bayo and La Flora projects. Releases also describe work programs and amended option terms at the Esperanza and Huachi copper-gold projects in San Juan Province under the Moxico Resources option.
Investors following LMSQF news can also see updates on Peruvian copper projects such as Para, Auquis and Lacsha. The company reports land acquisitions, integration of historical data from Vale Exploration Peru S.A.C., definition of porphyry-style drill targets and plans for drill permitting or partner-funded drilling. Regional copper initiatives in northwest Argentina, including large land positions prospective for sediment-hosted copper, are another recurring theme.
Corporate news items include annual general meeting results, incentive stock option grants, private placement financings and the proposed spin-out of certain Peruvian assets into Latin Explore Inc. Together, these updates provide context on Latin Metals’ exploration progress, partnership activity and corporate structure. For investors and observers, the LMSQF news page offers a way to track how the company advances its prospect generator strategy across multiple copper, gold and silver exploration projects.
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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.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) has initiated a geophysical survey at its Auquis copper project in Peru. Recent assay results from the Tillo copper project reveal copper grades ranging from 0.19% to 1.36%. A total of 434 rock samples were previously collected, defining a core area of high-grade mineralization measuring 1,500m x 1,500m. The ongoing magnetic survey aims to cover approximately 50-line km of promising mineralization zones. A corporate update webinar is scheduled for February 16, 2023, at 10:00 a.m. PT, offering insights into company projects and future goals.
Latin Metals Inc. (LMSQF) has identified significant high-grade copper mineralization at its newly explored Tillo project in Peru, spanning 2,000 hectares. Initial geochemical sampling revealed several anomalous zones, notably the largest, measuring approximately 2,500m x 1,000m, with copper values ranging from 250 ppm to 1,050 ppm. The exploration process included geological mapping to support these findings. The company plans to commence detailed rock chip sampling and geological mapping in Q1 2023. The Tillo project adds to Latin Metals' portfolio of six copper properties in the Coastal Copper Belt, which is rich in various mineral deposit types.
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