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Latin Metals ( (TSE:LMS) ) has issued an announcement.
Latin Metals Inc. has announced significant progress on its Esperanza and Huachi copper-gold projects in San Juan, Argentina, through its partnership with Moxico Resources. The geological work has expanded the mineralization footprint, and environmental and social initiatives are underway, positioning Esperanza as a high-quality project with district-scale potential. Additionally, Latin Metals has amended its option agreement with the vendor, removing termination rights due to project delays and revising the payment schedule. Moxico has aligned its earn-in obligations with these revised terms, extending its drilling commitment into 2026.
More about Latin Metals
Latin Metals Inc. is a copper, gold, and silver exploration company operating in Peru and Argentina. The company employs a prospect generator model to minimize risk and dilution while maximizing discovery potential, securing option agreements with major mining companies to fund exploration. This approach provides early-stage exposure to high-value mineral assets.
Average Trading Volume: 90,258
Technical Sentiment Signal: Buy
Current Market Cap: C$23.53M
See more insights into LMS stock on TipRanks’ Stock Analysis page.