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The latest announcement is out from Latin Metals ( (TSE:LMS) ).
AngloGold Ashanti is set to begin drilling at the Organullo Gold Project in Salta Province, Argentina, as part of an option to earn up to an 80% interest in Latin Metals’ gold projects. This marks a significant milestone for Latin Metals, as the drilling program aims to test a potentially large-scale gold system, with the first results expected in Q1 2026. The project targets a multi-million-ounce discovery, supported by various geological data, and includes the newly acquired Malena VII property.
More about Latin Metals
Latin Metals Inc. is a copper, gold, and silver exploration company operating in Peru and Argentina under a prospect generator model, which minimizes risk and dilution while maximizing discovery potential. The company has 18 projects and secures option agreements with major mining companies to fund exploration, providing early-stage exposure to high-value mineral assets.
Average Trading Volume: 83,103
Technical Sentiment Signal: Buy
Current Market Cap: C$22.55M
See more insights into LMS stock on TipRanks’ Stock Analysis page.