Latin Metals Inc. is expanding its copper and gold exploration projects in Peru and Argentina, currently managing 18 projects. The company has partnerships with Machiko Resources and IGO Gold, with drilling expected to begin soon. Recent market dynamics suggest a growing interest from major companies, paving the way for potential collaborations.
Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) is actively expanding its copper and gold exploration projects across Peru and Argentina, as outlined by Director of Corporate Communications Elyssia Patterson during an interview at the PDAC conference in Toronto. The company currently manages 18 diverse projects in various exploration phases, following a prospect generator model which includes project staking, initial exploration, and partnering with others for advanced drilling while maintaining a royalty interest.
Currently engaged in partnerships with Machiko Resources and IGO Gold, Latin Metals anticipates initiating drilling activities within the year. Patterson remarked on a notable market shift, stating that “for the last two years we’ve been going out trying to get our projects optioned out. But in the last few months, majors are coming to us, which signals a shift in the market.” This reflects a growing interest from larger companies in collaboration.
In the coming months, Latin Metals plans to secure further permits and engage in discussions with additional partners to enhance their exploration efforts. Investors are encouraged to stay tuned for upcoming updates as the company makes strides in its projects.
Latin Metals is positioning itself as a significant player in the copper and gold sectors through strategic exploration and partnership developments in Peru and Argentina. With an impressive inventory of projects under development and notable shifts in market interest, the company is set for further advancements and opportunities within the mining industry.
Original Source: www.proactiveinvestors.com
