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. reports on copper, gold and silver exploration in Peru and Argentina through a prospect generator model. Company news centers on option agreements, partner-funded field work, and project updates across mineral properties including Cerro Bayo, La Flora, and Ventana North.
Recurring developments include drilling and geophysical work at gold-silver projects in Santa Cruz Province, Argentina, district-scale sediment-hosted copper exploration in northwest Argentina, and portfolio actions tied to strategic partnerships and exploration funding.
Latin Metals Inc. (OTCQB: LMSQF) reported significant exploration updates for its Aylen property in the Deseado Massif. A ground magnetic survey covering 66 line-kilometers has identified three compelling drill targets, which align with the geological patterns found at the nearby Martha Mine. Previous rock sampling at the Estero vein revealed high-grade silver values, confirming the presence of mineralization within the project. The company plans to conduct an induced polarization survey and is seeking partnerships to fund upcoming drilling activities. Dani Palahanova has been appointed as Corporate Secretary.
Latin Metals Inc. (TSXV: LMS; OTCQB: LMSQF) has provided an update on its exploration activities at the Lacsha copper property in Peru. Recent Phase III results identified a 1km x 1km copper-molybdenum anomaly at Lacsha North, with copper values ranging from 253 ppm to 1,360 ppm and molybdenum from 4 ppm to 87 ppm. This follows earlier phases that showed significant copper and molybdenum mineralization. The Company is awaiting results from Lacsha South, expected by month-end, which will guide future geophysical surveys and drilling plans.
Latin Metals Inc. (LMSQF) has reported significant developments at its 100%-owned Lacsha copper property in Peru. Recent stream sediment sampling has confirmed copper and molybdenum mineralization over a 5.0 km by 2.5 km anomaly. Initial rock sampling revealed copper concentrations up to 6,410 ppm. The company has initiated Phase III exploration, including detailed talus sampling of mineralized centers, with geophysical surveys planned for later this year. An agreement with the local community allows for necessary explorations, showcasing the company’s commitment to social responsibility.
Latin Metals Inc. announced the exercise of an option agreement with Patagonia Gold Corp. for the acquisition of a 100% interest in the Mina Angela project in Argentina. Patagonia will pay Latin Metals US$250,000 by March 26, 2021, as part of the transaction, which includes a 1.25% net smelter returns royalty from future production. This option exercise aligns with Latin Metals' strategy to monetize non-core assets while retaining a royalty interest.