Latin Metals Inc. (TSXV: LMS)(OTCQB: LMSQF) CEO Keith Henderson - RICH TV LIVE

Latin Metals Inc. (TSXV: LMS)(OTCQB: LMSQF) CEO Keith Henderson - RICH TV LIVE = June 13, 2022 - #latinmetals #keithhenderson #richtvlive #trading #stocks #news #business #finance #education #money #investing #metals #miningShow more

Latin Metals Inc is a mineral exploration company acquiring a diversified portfolio of assets in South America. The Company operates with a Prospect Generator model focusing on the acquisition of prospective exploration properties at minimum cost, completing initial evaluation through cost-effective exploration to establish drill targets, and securing joint venture partners to fund drilling and advanced exploration. Its asset portfolio includes the Organullo Gold project; Esperanza Project, Tres Cerros Project, Mina Angela Project, Ana Maria Project, Crosby Project, and El Quemado Project in Argentina and also has projects in Peru.

Latin Metals Inc. ( “Latin Metals” or the “Company” ) - (TSXV: LMS) OTCQB: LMSQF) is pleased to announce the results of the Induced Polarization (“ IP ”) survey at its 100% own Lacsha project, located in the Coastal Copper Belt, Peru. The objective of the recently completed survey was to determine the distribution of potentially copper bearing sulphides (IP chargeability), distribution of alteration (IP resistivity and ground magnetics) to frame the Lacsha copper target in the context of an upright, intact porphyry copper system and identify drill targets. The responses in general correlate well with generally accepted porphyry exploration models and the result is four high-priority targets areas ( Figures 1 and 2 ).

“The recently received IP data is the final layer of data that we will use to define drill targets. Combined with magnetic data and surface geochemistry, we see a relatively simple suite of anomalies that define four significant drill targets,” stated Keith Henderson, Latin Metals’ President & CEO. “Surface chip channel sampling completed in Q1 defined consistent mineralization including 52m grading 0.38% copper and 237ppm molybdenum. While these grades are excellent, the IP chargeability data points to peak chargeability below surface at approximately 100m from surface. The project will need to be drilled to establish whether chargeability is related to copper mineralization.”

Interpretation of Exploration Results

Surface lithology, structure and geochemistry together with new geophysical data at Lacsha are consistent with porphyry-related sulphide mineralization and strengthen a series of compelling drill targets ( Figure 1 ):

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