Latin Metals Inc. is expanding its copper and gold projects in Peru and Argentina, operating 18 projects and forming partnerships with Machiko Resources and IGO Gold. The company has noted increased interest from major firms, indicating a positive market trend. Future activities include securing permits and enhancing partnerships, encouraging investor engagement as developments unfold.
Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) has made significant strides in expanding its copper and gold exploration projects in Peru and Argentina, showcasing its role as a prospect generator. The company currently oversees 18 distinct projects at various development stages. Latin Metals acquires projects through staking, undertakes preliminary exploration, and partners with other firms to facilitate drilling operations while maintaining a royalty interest.
The company has established partnerships with Machiko Resources and IGO Gold, with the expectation of initiating drilling activities in the upcoming year. Elyssia Patterson, Director of Corporate Communications, stated 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.”
Looking forward, Latin Metals is actively pursuing additional permits and engaging in discussions with prospective partners. The company encourages investors to stay informed regarding forthcoming updates on its progress in the mining sector.
In summary, Latin Metals is increasingly recognized in the mining industry as it expands its copper and gold exploration projects across Peru and Argentina. The company’s strategic partnerships are indicative of a positive market shift, and its focus on securing further permits and partnerships highlights its commitment to growth. Investors are advised to monitor the company’s developments closely.
Original Source: www.proactiveinvestors.com
