Latin Metals Expands Organullo Gold Project with New Acquisition

Latin Metals ( (TSE:LMS) ) has shared an update.

Latin Metals Inc. has expanded its Organullo Gold Project in Salta Province, Argentina, by acquiring the 1,032-hectare Malena VI mining property. This acquisition, contiguous with the existing project, extends the structural corridor and opens new opportunities for target generation. The expansion is part of an existing option agreement with AngloGold Ashanti, which can earn up to an 80% interest in the company’s gold projects. This strategic move enhances Latin Metals’ exploration potential and strengthens its position in the gold exploration industry.

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. The company focuses on minimizing risk and dilution while maximizing discovery potential through option agreements with major mining companies, providing early-stage exposure to high-value mineral assets.

Average Trading Volume: 103,241

Technical Sentiment Signal: Buy

Current Market Cap: C$28.04M

For detailed information about LMS stock, go to TipRanks’ Stock Analysis page.