Mr. Keith Henderson reports
LATIN METALS ACQUIRES TERRAZA COPPER PROJECT JUYAY PROVINCE, ARGENTINA
Latin Metals Inc. has acquired by staking the 68,000-hectare Terraza copper exploration project in northwest Argentina. Latin Metals is a first mover in exploring sediment-hosted copper deposits in this emerging belt and, with this acquisition, increases its ground holding to more than 500,000 hectares.
Latin Metals' exploration efforts in northwest Argentina are focused on understanding and unlocking the potential for sediment-hosted copper deposits in this emerging belt. The first step is a large-scale drainage survey where the company hopes to take more than 1,500 samples, essentially screening and prioritizing the entire 500,000-hectare land position. This boots-on-the-ground approach is what emerging belts need the most, and the drainage samples will be accompanied by systematic prospecting, mapping and sampling of mineralized outcrops.
Work to date has included 196 stream sediment samples covering approximately 60 per cent of the Mirador copper project. Sample pulps have been prepared by a commercial laboratory, but analysis using the company's portable X-ray fluorescence has been delayed by unscheduled equipment service by the manufacturer. Analysis of mineralized rock samples at Mirador is continuing with results expected in due course.
About Latin Metals Inc.
Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America. The company operates with a prospect generator model focusing on the acquisition of prospective exploration properties at minimum cost, completing initial evaluation through cost-effective exploration to establish drill targets, and ultimately securing joint venture partners to finance drilling and advanced exploration. Shareholders gain exposure to the upside of a significant discovery without the dilution associated with financing the highest-risk drill-based exploration.
Quality assurance/quality control
The work programs at Terraza are designed and supervised by Eduardo Leon, the company's exploration manager, who will be responsible for all aspects of the work, including the quality control/quality assurance of the following programs.
Qualified person
Keith J. Henderson, PGeo, is the company's qualified person as defined by National Instrument 43-101 and he has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Henderson is not independent of the company, as he is an employee of the company and holds securities of the company.
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