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Latin Metals samples silver and gold in Argentina

Mining
TSXV:LMS
16 June 2020 00:45 (EDT)

Latin Metals (TSXV:LMS) has revealed the results of a rock hip sampling program on its Argentina properties.

The company was investigating the mineralization in the Estero and Aguila vein zones, hosted on the Aylen and Aylen Oeste properties.

The company took eight rock samples, which included three samples with values ranging from 118 grams per tonne silver to 470 grams per tonne silver.

Four of the other samples had grades ranging from 20 grams per tonne silver to 43 grams per tonne silver.

The program on Aguila sampled 14 rock chips and had two notable gold results of 0.53 grams per tonne and 0.77 grams per tonne.

The company believes the area is prospective for silver-dominated epithermal vein mineralization, which is the same type of mineralization contained on the nearby past-producing Martha Mine.

The Estero vein is only 500 metres west of the Martha mine, and sampling was taken over a strike length over one kilometre.

Latin Metals measured individual veins at the site varying in width from 0.5 centimetres to eight centimetres and believe these narrow veins could widen to ore shoots further down.

The next step at Estero will involve some structural mapping work, along with soil sampling and geochemical work.

A soil sampling program is also planned for Aguila, looking to investigate extensions of the vein west and any potential parallel structures inside the structure. 

Latin Metals (LMS) is in the grey and is trading at C$0.07 per share at 12:15 pm EDT. 

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