Latin Metals Inc. is expanding its copper and gold projects in Peru and Argentina, managing 18 exploration initiatives. The company seeks partners to advance drilling efforts and currently has collaborations with Machiko Resources and IGO Gold. Elyssia Patterson highlighted a notable shift in market interest from major players. Investors should stay tuned for further developments and partnerships.
Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) is enhancing its copper and gold exploration initiatives across Peru and Argentina, as discussed by Director of Corporate Communications Elyssia Patterson during the PDAC conference in Toronto. The company operates as a prospect generator, managing 18 projects at various exploration stages and engages in project acquisition through staking. Latin Metals conducts initial exploration themselves and subsequently collaborates with partners to further advance drilling, while also retaining a royalty interest in the ventures.
Currently, Latin Metals has established partnerships with Machiko Resources and IGO Gold, with expectations for drilling operations to begin within the year. Elyssia Patterson remarked 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 indicates notable interest and confidence in the company’s potential from larger resources.
Looking toward the future, Latin Metals intends to acquire further permits and strengthen dialogues with prospective partners. Investors are advised to remain vigilant for forthcoming updates as the company continues to develop its projects and partnerships within the industry.
In summary, Latin Metals is actively expanding its copper and gold exploration projects in South America while establishing valuable partnerships. The company’s strategy as a prospect generator allows it to effectively manage multiple projects and attract significant interest from major partners. With upcoming drilling activities and ongoing dialogues for new collaborations, the outlook for Latin Metals remains promising.
Original Source: ca.proactiveinvestors.com
