- Latin Metals (LMS) discovers new mineralized zones at its Auquis project in Peru
- Different kinds of mineralization have been identified including porphyry-style copper mineralization and skarn mineralization
- The property now hosts three distinct mineralized zones
- The company is currently waiting for results of a ground magnetic survey currently done over the property
- Moving forward Latin Metals intends to do follow-up sampling at the new zones of mineralization and the rest of the property
- Shares of Latin Metals (LMS) are unchanged at C$0.19
Latin Metals (LMS) discovers new mineralized zones at its Auquis project in Peru.
In a press release, the company said different kinds of mineralization have been identified, including porphyry-style copper mineralization and skarn mineralization.
“Our work at Auquis continues to deliver excellent results, with the recognition of two mineralized porphyry centers and a separate zone of skarn mineralization so far, giving all the indications of a large and robust hydrothermal system with potential to define both porphyry and skarn deposits,” Keith Henderson, CEO of Latin Metals, said in a statement.
Henderson added that the company is currently waiting for results of a ground magnetic survey that was recently completed on the property. He said this will be instrumental in the company’s interpretation and further exploration on the property.
Moving forward, once processing of the collected magnetic data is completed, the company will interept the data nad use it to refine the exploration model.
Latin Metals intends to do follow-up sampling at the new zones of mineralization and across the rest of the property.
Headquartered out of Vancouver, BC, Latin Metals is a mineral exploration company focused on assets in South America.
Shares of Latin Metals (LMS) are unchanged at C$0.19.