Latin Metals Inc. has expanded its copper and gold projects in Peru and Argentina and is focusing on generating partnerships to advance exploration. Elyssia Patterson stated the company has 18 projects under development and is experiencing increased interest from major mining firms. The firm has partnerships with Machiko Resources and IGO Gold and expects drilling to commence this year.
Latin Metals Inc. has made significant strides in expanding its copper and gold exploration projects across Peru and Argentina. During a recent interview at the PDAC conference in Toronto, Elyssia Patterson, the Director of Corporate Communications, emphasized the company’s role as a prospect generator. Latin Metals is currently engaged in 18 different projects at varying stages of exploration, utilizing a strategy of project staking, initial exploration, and ultimately seeking partnerships to further advance drilling while maintaining a royalty interest.
Presently, Latin Metals is collaborating with Machiko Resources and IGO Gold, with expectations for drilling activities to commence later this year. Patterson noted a recent shift in the mining market 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 to the future, Latin Metals aims to secure further permits and enhance discussions with potential partners to bolster its exploration efforts. Investors and stakeholders are encouraged to remain vigilant for updates as the company continues to progress in its ventures.
In summary, Latin Metals is positioning itself as a key player in the copper and gold sectors in South America. With a robust portfolio of projects and newly established partnerships, the company is poised for future growth. The ongoing interest from major mining firms reflects a positive shift in the market, suggesting promising opportunities ahead for Latin Metals and its stakeholders.
Original Source: ca.proactiveinvestors.com
