Latin Metals Inc. is expanding its exploration of copper and gold projects in Peru and Argentina, currently operating 18 projects. The company has formed partnerships with Machiko Resources and IGO Gold and anticipates drilling to begin within the year. With a strategic focus on securing additional permits and potential partners, Latin Metals aims to enhance its market presence.
Latin Metals Inc., represented by Director of Corporate Communications Elyssia Patterson, recently discussed the company’s strategic expansion of copper and gold exploration projects in Peru and Argentina during the PDAC conference in Toronto. The firm functions as a prospect generator and operates 18 distinct projects in varying stages of exploration, primarily securing these projects through staking. They conduct initial exploration and subsequently seek strategic partnerships to further drilling while maintaining a royalty interest in the ventures.
Currently, Latin Metals has formed partnerships with Machiko Resources and IGO Gold, with an expectation for drilling activities to commence in the current year. Patterson remarked on a notable market shift, stating, “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.”
Going forward, Latin Metals plans to acquire additional permits and engage in discussions with prospective partners to enhance its exploration efforts. The company encourages investors to stay informed as updates on progress are anticipated in the near term.
In summary, Latin Metals is actively expanding its copper and gold exploration initiatives in Peru and Argentina while attracting significant partnerships. The firm’s strategic approach as a prospect generator enables it to retain interests while collaborating with larger entities for project advancement. Continued updates concerning their exploration activities and partnerships are expected, which may present promising opportunities for investors.
Original Source: www.proactiveinvestors.com
