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Latin Metals ( (TSE:LMS) ) just unveiled an update.
Latin Metals Inc. has entered into a data purchase agreement with Vale Exploration Peru S.A.C., acquiring a comprehensive set of exploration data for its Para copper project in Peru. This acquisition allows Latin Metals to accelerate its exploration efforts by using Vale’s extensive prior work, which includes geological mapping, rock sample assays, and survey data, thereby reducing risk and positioning the company for more strategic advancements in drill targeting. While Latin Metals retains full project ownership, Vale has been granted a Right of First Offer, enhancing potential collaboration as the project progresses.
More about Latin Metals
Latin Metals Inc. is a company involved in the mining industry, focusing primarily on the exploration and development of mineral properties, particularly copper projects. The company is positioned within the market to leverage strategic partnerships and data acquisition to advance its projects efficiently.
YTD Price Performance: -5.26%
Average Trading Volume: 28,899
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$9.87M
For an in-depth examination of LMS stock, go to TipRanks’ Stock Analysis page.