Latin Metals Inc. is expanding its copper and gold exploration projects in Peru and Argentina, currently holding 18 projects. The company operates as a prospect generator, securing partnerships with firms like Machiko Resources and IGO Gold to advance drilling activities. Elyssia Patterson highlighted a market shift, noting increased interest from major players.

Latin Metals Inc. (OTCQB:LMSQF)(TSXV:LMS) is enhancing its portfolio of copper and gold exploration projects in Peru and Argentina, as noted by Elyssia Patterson, the Director of Corporate Communications, during an interview at the PDAC conference in Toronto. The company operates as a prospect generator with 18 exploration projects at differing stages and aims to attract partnerships to further development.

The strategy employed by Latin Metals involves securing projects through staking, performing initial exploration, and subsequently seeking partners to facilitate drilling while maintaining a royalty interest. Currently, the company is partnered with Machiko Resources and IGO Gold, with drilling activities anticipated to start within this year.

Patterson remarked that the market dynamics are changing, stating, “For the last two years we’ve been going out trying to get our projects optioned out. But in the last few months, majors are coming to us, which signals a shift in the market.” Looking ahead, Latin Metals intends to secure more permits and engage in discussions with prospective partners, encouraging investors to stay updated on their progress.

In conclusion, Latin Metals is strategically expanding its copper and gold projects across Peru and Argentina, securing key partnerships that reflect a positive shift in the market. The company’s focus as a prospect generator positions it well for future drilling initiatives. Investors should remain attentive to forthcoming updates as Latin Metals seeks to further its exploration and partnership endeavors.

Original Source: www.proactiveinvestors.com