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Latin Metals ( (TSE:LMS) ) has shared an update.
Latin Metals Inc. has received approval for a Social & Environmental Impact Report, allowing exploration drilling at the Organullo Gold Project in Salta Province, Argentina. This approval marks a significant milestone as it enables AngloGold Ashanti, under an option agreement, to proceed with drilling preparations, potentially enhancing Latin Metals’ industry positioning by exploring targets with high-sulphidation epithermal gold systems. The development is poised to impact stakeholders positively by advancing the project’s exploration phase and fulfilling environmental and community obligations.
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 minimizes risk and dilution while maximizing discovery potential through securing option agreements with major mining companies to fund exploration. With 18 projects, Latin Metals partners with companies like AngloGold Ashanti and Moxico Resources to advance its portfolio.
Average Trading Volume: 43,859
Technical Sentiment Signal: Buy
Current Market Cap: C$17.07M
See more insights into LMS stock on TipRanks’ Stock Analysis page.