Copper

Latin Metals

Latin Metals

Following a Prospect Generator Model in South America

LMS:CA
TSXV:LMS


Overview

Latin Metals (TSXV:LMS, OTCQB:LMSQF) is an exploration company focused on precious metals and copper projects in historically resource-rich regions of South America, specifically Peru and Argentina.

The company operates on a prospect generator model, focusing on acquiring prospective exploration properties at minimum cost, then completing initial evaluation through cost-effective exploration to establish drill targets. Latin Metals ultimately secures joint venture partners to fund drilling and advanced exploration, and in doing so, exposes shareholders to the upside of mineral discoveries while conserving capital.

Latin Metals Prospect Generator Advantage
Latin Metals Project Progression

Company Highlights

  • Recent deals announced with AngloGold Ashanti, Barrick Gold Corporation, and Libero Copper and Gold.
  • Option agreements for $34M of investment by partners, including cash payments to Latin Metals and exploration on the ground.
  • Focus on high-potential projects in Latin America, including under-explored areas of Peru and Argentina
  • Management and advisors have decades of experience working for major mining companies and have a comprehensive understanding of industry needs
  • Portfolio of 20 projects provides commodity exposure to gold, silver, copper and battery metals
  • Only 57M shares issued and almost 50% with management and board
  • Latin Metals ultimately retains a minority or royalty interest in all projects providing shareholders with exposure to exploration or discovery upside
  • Investment by partners is non-dilutive and preserves corporate structure. Cash payments to Latin Metals reduces the need for equity financing.

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Recent News

Company News

5 Top Weekly TSXV Performers: Board Appointment Boosts Battery Mineral Resources

Last week's top-gaining stocks on the TSXV were Battery Mineral Resources, Contact Gold, K2 Gold, Petroteq Energy and Focus Graphite.

The first week of August was positive for the S&P/TSX Venture Composite Index (INDEXTSI:JX), which was able to end the period in the green.

After slipping to a year-to-date low of 584 points in mid-August, Canada’s junior index has added 13 percent in the weeks since then, and closed last Friday (August 5) at 663.52.

Precious metals explorers were some of the main gainers as the gold price approached the US$1,800 per ounce level and silver began to rebound from its two year low.

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Extensive Shallow Copper Intersected In Canada

American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce further outstanding visual results for another four diamond drill holes completed by the Company at the Storm Copper Project (Storm or the Project) on Somerset Island, Nunavut, Canada.

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Turquoise Hill announces financial results and review of operations for the second quarter of 2022

Turquoise Hill Resources Ltd. today announced its financial results for the period ended June 30, 2022. All figures are in U.S. dollars unless otherwise stated. “Following the First Quarter inflection points of renewing our partnership with the Government of Mongolia and blasting the undercut of the Oyu Tolgoi underground mine, we have continued to make excellent progress on the underground during the second ...

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced its financial results for the period ended June 30, 2022. All figures are in U.S. dollars unless otherwise stated.

"Following the First Quarter inflection points of renewing our partnership with the Government of Mongolia and blasting the undercut of the Oyu Tolgoi underground mine, we have continued to make excellent progress on the underground during the second quarter. We fired the first drawbell of the Oyu Tolgoi underground mine well ahead of schedule and have now fired the first three drawbells ahead of schedule. While we continue to forecast sustainable production in the first half of 2023, this is most certainly trending earlier." stated Steve Thibeault, Turquoise Hill's Interim Chief Executive Officer.

News Provided by Business Wire via QuoteMedia

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