Latin Metals Inc. is expanding its copper and gold projects in Peru and Argentina, engaging in partnerships for drilling activities. The company currently operates 18 projects and anticipates significant developments this year, signaling a positive market shift for exploration investments.
Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) has recently expanded its copper and gold exploration initiatives in Peru and Argentina. During a conversation at the PDAC conference in Toronto, Elyssia Patterson, the Director of Corporate Communications, discussed the company’s strategy as a prospect generator, overseeing 18 distinct projects at various exploration phases. The firm undertakes project staking, initiates preliminary exploration, and seeks partnerships to enhance drilling capabilities while maintaining a royalty interest.
Currently, Latin Metals boasts collaborations with Machiko Resources and IGO Gold, anticipating drilling activities to commence later this year. Patterson indicated a shift in dynamics, stating, “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, the company plans to obtain additional permits and engage in discussions with prospective partners. Investors should remain attentive to forthcoming updates as Latin Metals progresses in its endeavors, promising an exciting trajectory.
Latin Metals Inc. is actively expanding its copper and gold projects in Peru and Argentina, with significant intentions to secure partnerships for drilling activities. With notable collaborations already established, the company is poised for growth, indicating a positive shift in market dynamics regarding exploration investments. Stakeholders should closely observe future developments as Latin Metals continues to navigate its ambitious plans.
Original Source: www.proactiveinvestors.com