Latin Metals Expands Copper and Gold Projects in Peru and Argentina
Latin Metals Inc. is expanding its copper and gold projects in Peru and Argentina while collaborating with notable partners like Machiko Resources and IGO Gold. The company operates as a prospect generator, managing 18 projects at various stages. Recent market shifts indicate increased interest from major players, prompting a proactive strategy in securing permits and partnerships.
Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) is actively enhancing its copper and gold exploration projects in Peru and Argentina, as noted by Elyssia Patterson, Director of Corporate Communications, during an interview at the PDAC conference in Toronto. The company operates as a prospect generator and oversees 18 diverse projects in various phases of exploration, securing them primarily through staking.
The company conducts initial exploratory work on these projects and seeks partnerships to continue drilling operations while maintaining a royalty interest. Presently, Latin Metals has secured partnerships with Machiko Resources and IGO Gold, anticipating that drilling activities will commence this year. Patterson remarked that the company has shifted its strategy over the past two years, saying “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.”
Moving forward, Latin Metals intends to secure further permits and engage in further discussions with potential partners to expand its operations. Investors are advised to monitor the company’s progress closely as developments unfold.
In summary, Latin Metals Inc. is strengthening its copper and gold projects in South America through strategic partnerships and expansion efforts. The enthusiastic market response suggests a promising trajectory for the company’s exploration initiatives. Stakeholders are encouraged to stay informed about future developments as Latin Metals continues to pursue growth in the mining sector.
Original Source: www.proactiveinvestors.com
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