Latin Metals Inc. (“Latin Metals”
or the
“Company”) - (TSXV: LMS) (OTCQB: LMSQF), is
pleased to announce the expansion of its Technical Advisory Board
with the appointments of highly respected industry experts,
Fionnuala Devine and Mike Basha. Their addition, alongside current
advisor Dan MacNeil, brings a wealth of technical knowledge and
strategic insight that will significantly enhance the Company’s
ability to advance its portfolio of high-potential projects in
Argentina and Peru.
“From my first
introduction to Latin Metals, I’ve been thoroughly impressed by the
company’s extensive and well-positioned project portfolio in
Argentina and Peru, and how well Keith and his team are executing
the prospect generator model,” said Mr. Basha. “Having spent much
of my career exploring for epithermal precious metal deposits and
executing the prospect generator model, partly in Latin and South
America, I’m eager to leverage my experience to help accelerate
Latin Metals’ growth and further expand its footprint in these
resource-rich regions. The potential for discovery in Argentina and
Peru is beyond doubt, and I look forward to being a part of this
exciting journey.”
Ms. Devine added:
“Joining the technical advisory board is a great fit for me,
particularly given my deep experience with porphyry projects in
Argentina. The Esperanza copper-gold project stands out as a key
opportunity, especially with the recent option agreement with
Moxico Resources. I’m excited to see the exploration unfold, and I
believe this partnership could unlock significant value in the
coming months.”
The strengthening of
Latin Metals' Technical Advisory Board with these key appointments
reflects the Company’s commitment to unlocking value from its
extensive project portfolio and advancing its exploration efforts
in South America.
Fionnuala Devine
Ms. Devine is a mineral exploration professional
with 20 years of on-the-ground mineral exploration experience and
academic study of mineral deposits. Over the past decade, she has
been part of the team exploring the emerging Vicuña district in the
central Andes of Chile-Argentina, developing the first
comprehensive geologic map of the district and geological models
for several of the recently discovered porphyry deposits at Filo
del Sol, Josemaria and Los Helados. In 2024, the Vicuña exploration
team were the winner of the PDAC Thayer Lindsey Award, recognizing
the astonishing discoveries at Filo del Sol, Jose Maria and Los
Helados over the past 15 years.
She brings a broad understanding of
porphyry-epithermal systems, from regional to deposit scale, and a
knowledge of relevant exploration methods. She has applied her
skills and insight to exploration projects throughout the North
American Cordillera and the Andes. Over her career, she has
generated insightful mineral exploration compilations of many
porphyry and epithermal copper-gold systems in the Canadian
Cordillera, with a focus on combining new field observations and
cutting-edge research with historical work.
Mike Basha
Mr. Basha is a professional engineer and
geologist with over 35 years of experience working for major and
junior exploration and mining companies in Canada, the USA, Mexico,
Ecuador, and Finland. He has generated and worked on many
grassroots to advanced exploration projects for a variety of
mineral commodities.
Early in his career, he was co-discoverer of the
Hammerdown gold deposit in Newfoundland. As VP of Exploration
of Cornerstone Resources Ltd, he was instrumental in helping
establish them in Ecuador. Solgold Plc recently acquired
Cornerstone for $120 million.
He is also the founder, former CEO, and
President of Aurion Resources Ltd, with assets in Northern Finland.
While at Aurion, he acquired approximately 80 km along the
Sirkka Shear Zone, primarily through staking, which forms the basis
of the Aurion-B2Gold Joint Venture and hosts the Helmi Gold
Prospect adjacent to Rupert Resources Ikkari Gold deposit. Mr.
Basha staked the core of Aurion’s holdings in Finland, and under
Mr. Basha’s direction, Aurion exploration teams made multiple
discoveries, including the high-grade Aamurusko, Launi and Notches
gold prospects, among others. He was also instrumental in bringing
B2Gold and Kinross into Finland as Joint Venture partners and
investors.
Incentive
Stock Options
The Company announces
that it has granted 1,470,000 common share stock options (each, an
"Option") to certain directors, officers, and
consultants of the Company. The Options entitle the holder to
purchase shares at a price of $0.10 per share for a period of
36 months from the grant date. Including this issuance, the
Company has now set Options representing 71% of the issued and
outstanding stock.
About Latin
Metals
Latin Metals is a
mineral exploration company acquiring a diversified portfolio of
assets in South America. The Company operates with a Prospect
Generator model focusing on the acquisition of prospective
exploration properties at minimum cost, completing initial
evaluation through cost-effective exploration to establish drill
targets, and ultimately securing joint venture partners to fund
drilling and advanced exploration. Shareholders gain exposure to
the upside of a significant discovery without the dilution
associated with funding the highest-risk drill-based
exploration.
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On Behalf of the Board of Directors of
LATIN METALS INC.
“Keith Henderson”
President & CEO
For further details on the Company readers are
referred to the Company's web site (www.latin-metals.com) and its
Canadian regulatory filings on SEDAR+ at www.sedarplus.com.
For further information, please contact:
Keith Henderson
Suite 890 - 999 West Hastings Street,Vancouver, BC, V6C 2W2
Phone: 604-638-3456E-mail: info@latin-metals.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Cautionary Note Regarding Forward-Looking
Statements
This news release contains forward-looking
statements and forward-looking information (collectively,
"forward-looking statements") within the meaning of applicable
Canadian and U.S. securities legislation, including the United
States Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, included
herein including, without limitation, the anticipated content,
commencement, timing and cost of exploration programs in respect of
the Property and otherwise, anticipated exploration program results
from exploration activities, and the Company's expectation that it
will be able to enter into agreements to acquire interests in
additional mineral properties, the discovery and delineation of
mineral deposits/resources/reserves on the Properties, and the
anticipated business plans and timing of future activities of the
Company, are forward-looking statements. Although the Company
believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Often,
but not always, forward looking information can be identified by
words such as "pro forma", "plans", "expects", "may", "should",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates", "believes", "potential" or variations of such words
including negative variations thereof, and phrases that refer to
certain actions, events or results that may, could, would, might or
will occur or be taken or achieved. In making the forward-looking
statements in this news release, the Company has applied several
material assumptions, including without limitation, market
fundamentals will result in sustained precious and base metals
demand and prices, the receipt of any necessary permits, licenses
and regulatory approvals in connection with the future development
of the Company’s Argentine and Peruvian projects in a timely
manner, the availability of financing on suitable terms for the
development, construction and continued operation of the Company
projects, and the Company’s ability to comply with environmental,
health and safety laws.
Forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to
differ materially from any future results, performance or
achievements expressed or implied by the forward-looking
information. Such risks and other factors include, among others,
operating and technical difficulties in connection with mineral
exploration and development and mine development activities at the
Properties, including the geological mapping, prospecting and
sampling programs being proposed for the Properties (the
"Programs"), actual results of exploration activities, including
the Programs, estimation or realization of mineral reserves and
mineral resources, the timing and amount of estimated future
production, costs of production, capital expenditures, the costs
and timing of the development of new deposits, the availability of
a sufficient supply of water and other materials, requirements for
additional capital, future prices of precious metals and copper,
changes in general economic conditions, changes in the financial
markets and in the demand and market price for commodities,
possible variations in ore grade or recovery rates, possible
failures of plants, equipment or processes to operate as
anticipated, accidents, labour disputes and other risks of the
mining industry, delays or the inability of the Company to obtain
any necessary permits, consents or authorizations required, any
current or future property acquisitions, financing or other planned
activities, changes in laws, regulations and policies affecting
mining operations, hedging practices, currency fluctuations, title
disputes or claims limitations on insurance coverage and the timing
and possible outcome of pending litigation, environmental issues
and liabilities, risks related to joint venture operations, and
risks related to the integration of acquisitions, as well as those
factors discussed under the heading as well as those factors
discussed under the heading “Risk Factors” in the Company’s annual
management’s discussion and analysis and other filings of the
Company with the Canadian Securities Authorities, copies of which
can be found under the Company’s profile on the SEDAR+ website at
www.sedarplus.ca.
Readers are cautioned not to place undue
reliance on forward looking statements. Except as otherwise
required by law, the Company undertakes no obligation to update any
of the forward-looking information in this news release or
incorporated by reference herein.
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