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.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) announced the staking of the Mirador Copper project in Salta Province, Argentina, covering 99,000 hectares. Initial samples from the property show promising results, with one sampling returning 2.4% copper and 628 ppm vanadium. The company believes the region is under-explored and holds potential for sediment-hosted copper deposits. CEO Keith Henderson emphasized the project's large area and low acquisition cost as key advantages. Future work includes a regional stream sediment survey to identify prospective areas for further exploration.
Latin Metals Inc. has obtained a drill permit for its 100%-owned Lacsha copper project in Peru. The permit allows for the construction of access roads and 20 drill pads, enabling up to 43 drill holes to be drilled to depths of 1,000 meters. Surface exploration revealed promising mineralization, with notable results including 52m grading 0.38% copper. The company intends to continue negotiations with potential partners for funding the drilling of priority targets.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) has provided an update on its Cerro Bayo project in Argentina. The project is under an Earn-In Agreement with Barrick Gold Corporation, allowing Barrick to acquire up to 85% interest. Significant surface exploration has been completed, including a 1,000-line-km ground magnetic survey, geological mapping, and rock sampling. Favorable geological structures indicating potential gold and silver mineralization have been identified. Additionally, 3,330,000 stock options have been granted at a price of $0.13 per share, reflecting the company’s ongoing strategic initiatives.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) has announced new exploration applications surrounding its Organullo Project in Salta Province, Argentina, potentially increasing its land package by 55% to 31,648 hectares. This follows an option agreement with AngloGold Ashanti, which allows AngloGold to earn up to an 80% interest in the Organullo and other projects. Additionally, AngloGold is progressing through its exploration phases, including soil sampling and planning for a helicopter survey. The company has also granted 1.7 million stock options to employees at $0.13 per share.
Latin Metals Inc. has announced positive results from its recent surface rock sampling at the 100%-owned Auquis Project in Peru. The press release details that 200 new samples have been collected, revealing anomalous mineralization with grades up to 5.8% copper and 236ppm molybdenum. The core area of high-grade mineralization now spans 1.5km by 1.5km, with an average copper grade of 0.10%. The company plans to conduct a ground magnetic survey to further assess the porphyry target and potential skarn mineralization.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) announced the results of its annual general meeting held on August 4, 2022, in Vancouver. A total of 40,815,693 shares, representing 70.75% of outstanding shares, were voted. All proposed motions were approved, including the number of directors at five, with a remarkable 99.98% approval for this motion. Individual directors received over 99% of votes in favor. The appointment of auditors and the stock option plan were also ratified with strong support, reflecting shareholder confidence. The Company continues to engage with shareholders positively.
Latin Metals (TSXV: LMS, OTCQB: LMSQF) announced positive results from a recent rock sampling program at its Auquis project in Peru. A total of 234 rock chip samples were collected, revealing copper grades between 22 ppm and 12.8%. Notably, 101 samples from a 1km x 1km area returned an average copper value of 0.13% and 236 ppm molybdenum. The company plans to extend its sampling program and conduct geological mapping in the upcoming months to further explore the property.
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Latin Metals Inc. has signed a binding option agreement with AngloGold Argentina Exploraciones S.A. for a stake in its Organullo, Ana Maria, and Trigal Gold projects in Argentina. This agreement, effective June 2, 2022, allows AngloGold to earn up to an 80% interest in the projects through a total investment of USD 12.575 million. This includes cash payments of USD 2.575 million and USD 10 million in exploration expenditures over five years. The partnership is a significant move for Latin Metals, enhancing its project portfolio with support from a major global gold producer.
Latin Metals Inc. (TSXV: LMS, OTCQB: LMSQF) announced positive soil sampling results from its 100%-owned Auquis copper project in Peru. The exploration program covers a 4,000-hectare area and identified a copper anomaly over a 3km x 2km region with copper values reaching up to 2,300 ppm. The company plans to initiate rock chip sampling and mapping in April 2022. CEO Keith Henderson emphasized the project's discovery potential and ongoing community engagement efforts, including agricultural development initiatives.
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