Mr. Keith Henderson reports
LATIN METALS EXPANDS ORGANULLO GOLD PROJECT, SALTA PROVINCE, ARGENTINA
Following an application submitted to the mining authorities in Salta province, Latin Metals Inc. has secured rights to the 1,032-hectare Malena VI mining property. Malena VI is contiguous with the existing Organullo gold project and will form part of the properties included in an existing option agreement with AngloGold Argentina Exploraciones SA (AngloGold Ashanti), a wholly owned subsidiary of AngloGold Ashanti PLC (NYSE: AU), under the terms of which AngloGold Ashanti has an option to earn up to an 80-per-cent interest in the company's Organullo, Ana Maria and Trigal gold projects.
"This acquisition provides a meaningful addition to the Organullo gold exploration project, extending the prospective northeast-southwest structural corridor by nearly four km toward the southwest," stated Keith Henderson, Latin Metals' president and chief executive officer. "This expansion opens new opportunities for additional target generation in close proximity to already-established targets."
Qualified person
Eduardo Leon, QP, is the company's qualified person as defined by NI 43-101, and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Leon is not independent of the company, as he is an employee of the company and holds securities of the company.
About Latin Metals
Inc.
Latin Metals is a copper, gold and silver exploration company operating in Peru and Argentina under a prospect generator model, minimizing risk and dilution while maximizing discovery potential. With 18 projects, the company secures option agreements with major mining companies to finance exploration. This approach provides early stage exposure to high-value mineral assets.
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