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Latin Metals (TSXV:LMS) discovers high-grade copper at the Para Project

Market News, Mining
TSXV:LMS
14 February 2023 10:00 (EDT)

Source: Latin Metals Inc.

Latin Metals (LMS) has discovered zones of high-grade copper mineralization at the Para project in the Coastal Copper Belt.

This is the first exploration completed on this new copper exploration project, and Latin Metals has staked an additional 13 sq. km. for a new total of 19 sq. km. Latin Metals’ initial work focused on the geochemical sampling of talus fines for a total of 56 geochemical samples.

Anomalous copper analysis ranges from 251 ppm to a peak of 1,505 ppm copper, with supporting molybdenum mineralization up to 46 ppm.

Two zones of anomalous samples have been delineated, including the largest zone, which measures 2,000 metres by 1,000 metres.

Source: Latin Metals Inc.

The talus survey will be extended to the newly staked area, and a program of detailed rock chip sampling and geological mapping will be completed. Additional surveys are expected to begin in Q2 2023.

Latin Metals (LMS) is a mineral exploration company acquiring a diversified portfolio of assets in South America. Latin Metals has six copper exploration properties in the Coastal Copper Belt in Peru is a Cretaceous belt hosting a variety of deposit types, including Porphyry, Epithermal, VMS and IOCG.

Latin Metals Inc. (LMS) is trading at C$0.24 per share as of 10:00 am ET.


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