Latin Metals
TSXV:LMSLive AI agent
Latin Metals is an innovative mineral exploration company that provides a unique investment opportunity for shareholders interested in the South American mining market.
Investor website: https://latin-metals.com/
About
Latin Metals is an innovative mineral exploration company that provides a unique investment opportunity for shareholders interested in the South American mining market. Our diversified portfolio includes projects and royalties in Peru and Argentina, positioning us as a leading prospect generator in the region. Our investor-focused strategy differentiates Latin Metals from traditional exploration companies. We build value by acquiring quality exploration assets early, advancing them efficiently through targeted technical work, and structuring partnerships with established operators to fund drilling and development. This approach allows Latin Metals to retain meaningful upside exposure across a diversified project portfolio while preserving capital and maintaining a disciplined share structure.
Verified company data
- Cash position
- Not Available
- Shares outstanding
- 138695650
- Fully diluted shares
- 172111104
- Mineral resource
- Project Overview: Argentina Since initiating exploration in Argentina, Latin Metals has built a diverse portfolio of gold, silver and copper projects and leveraged strategic partnerships with leading mining companies. These alliances underpin the Company’s prospect-generator model and preserve upside for shareholders. With multiple drill-permitted projects in place (including Cerro Bayo and Organullo), Latin Metals is well positioned to advance discovery-scale opportunities, create value and deliver on its mandate to explore responsibly, efficiently and with discipline. Peru Since initiating exploration in Peru in 2019, Latin Metals has successfully acquired 100% ownership of five large-scale copper exploration projects. The company is currently engaged in active exploration activities, strategically advancing the Peruvian copper projects. As these projects progress, Latin Metals aims to form partnerships that will provide the necessary funding for high-cost drilling operations. Beyond the existing projects, Latin Metals continues to thrive in generating new initiatives. The company is committed to further acquisitions to secure a steady flow of projects, ensuring a robust pipeline of opportunities. Currently, Latin Metals has three properties available for option: Lacsha, which comes with an associated drill permit; Auquis, where drill permitting is in progress; and Para, an additional copper exploration project open for partnership. These properties present compelling opportunities, reinforcing our commitment to driving copper exploration in Peru.
- Projects
- ["**Cerro Bayo and La Flora**\\n\\nPartner Status\\nDaura has a right to earn up to 80%\\n\\nCommodity\\nGold–Silver\\n\\nJurisdiction\\nSanta Cruz Province\\n\\nKey Catalyst\\nPartner-funded drilling is advancing multiple high-priority gold-silver targets at Cerro Bayo and La Flora within the prolific Deseado Massif of Santa Cruz Province, Argentina.\\n\\n**Cerro Bayo and La Flora comprise a district-scale gold-silver exploration project located within the Deseado Massif of Santa Cruz Province, Argentina — one of the world’s premier epithermal precious metals districts. The projects are fully drill permitted and are being advanced through a partner-funded option agreement with Daura Gold Corp., which can earn up to an 80% interest through staged exploration expenditures, drilling commitments, and milestone payments. Recent drilling confirmed high-grade gold and silver mineralization within a large fertile low-sulphidation epithermal system, supporting continued discovery potential across multiple priority targets.**\\n\\n\\n\\nDRILL PERMITTED\\nFully permitted for multi-phase diamond drilling across multiple priority target areas. Initial drilling confirmed gold and silver mineralization within the broader epithermal system. Additional drilling is planned throughout 2026 as part of the partner-funded exploration program.\\n\\n\\n\\nGEOPHYSICS\\nMagnetic and induced polarization surveys refined multiple high-priority drill targets. Geophysical data supports structurally controlled mineralized zones across the project area. Integrated datasets continue to expand discovery potential throughout the district\\n\\n\\n\\nMULTIPLE ZONES\\nExploration has identified numerous epithermal vein and hydrothermal breccia targets across an 8 km wide mineralized corridor, which extends for a 10 km of strike. Multiple targets remain untested by drilling. The broader structural system supports significant district-scale exploration upside\\n\\n\\n\\nHIGH GRADE\\nInitial drilling intersected high-grade gold and silver mineralization associated with low-sulphidation epithermal veins. Broad mineralized intervals beginning near surface also suggest potential bulk-tonnage opportunities. Follow-up drilling is planned to expand mineralized zones and test additional targets.\\n\\n\\n\\nACTIVE DRILLING\\nDaura Gold is funding and operating the current exploration and drilling program under a staged earn-in agreement. The agreement requires 28,000 metres of drilling to complete the initial 75% earn-in. Latin Metals retains exposure to discovery upside while minimizing shareholder dilution.\\n\\n\\n\\nDISTRICT SCALE\\nLocated within the Deseado Massif, host to multiple world-class gold and silver deposits and producing mines. The district has yielded more than 600 million ounces of silver and 20 million ounces of gold discoveries since 1990. Cerro Bayo and La Flora display geological characteristics consistent with major epithermal systems across the region.\\n\\n\\n\\n### Partner-Funded Exploration\\n\\n\\nThe Cerro Bayo and La Flora Projects are optioned to Daura Gold Corp., which is funding exploration under a staged earn-in agreement to earn up to an 80% interest. The agreement includes substantial cash payments, technical milestones, and 28,000 metres of drilling required to complete the initial 75% earn-in.The structure provides Latin Metals shareholders with exposure to partner-funded discovery drilling and district-scale exploration upside while minimizing shareholder dilution through the Company’s prospect generator model.\\n\\n> Thereafter, Daura Gold has the option to increase its interest to 80% through cash payments indexed to resource ounces.\\n\\n**EARN-IN OBLIGATIONS FOR 75%**\\n| | Payment to Latin Metals (USD) | Assumed Payment to Underlying Vendor (USD) | Drilling (m) |\\n| --- | --- | --- | --- |\\n| **Within 3 Days of Effective Date** | $200,000(1)(2) | $100,000(1)(3) | - |\\n| **On or before April 30, 2026** | $100,000 | $150,000(1)(4) | 1,500(1) |\\n| **On or before December 31, 2026** | $150,000 | $100,000(1)(3) | 1,500 |\\n| **On or before June 15, 2027** | - | $150,000(4) | - |\\n| **On or before December 31, 2027** | $250,000 | - | 10,000 |\\n| **On or before December 31, 2028** | $1,000,000 | - | 15,000 |\\n| | **$1,700,000** | **$400,000** | **28,000** |\\n\\nNotes:\\n(1) $450,000 payments to Latin Metals and the Underlying Vendor, and 1,500m of drilling are irrevocable commitments.\\n(2) $200,000 payable to Latin Metals in cash or shares, at Daura's election, through the issuance of an equivalent monetary amount in Daura Shares.\\n(3) $100,000 to be retained by Latin Metals as reimbursement for amounts paid to the Underlying Vendor in 2025.\\n(4) Payments to be forwarded by Latin Metals to the Underlying Vendor.\\n\\n**TOP UP TO 80%**\\nTo exercise the Top-Up Right, Daura must make cash payments to Latin Metals based on the measured, indicated and inferred mineral resources included in the mineral resource estimate set out in the Technical Report, as follows:\\n1. US$7.00 per gold equivalent ounce of measured and indicated resources; and\\n2. US$5.00 per gold equivalent ounce of inferred resources.\\n\\n###  UNDERLYING VENDOR\\nSHOW MORE\\nUnder an option agreement with Tres Cerros Exploraciones S.R.L. (“TCE”). Under the terms of the Agreement, Latin Metals has agreed to purchase the remaining 29% (aggregate 100%) on the following terms:\\n- Total consideration of US$400,000, payable in three tranches:\\n - US$100,000 on or before June 30, 2025 (paid)\\n - US$150,000 on or before June 30, 2026\\n - US$150,000 on or before June 30, 2027\\n- TCE retains a 0.75% Net Smelter Return (NSR) royalty\\n- Latin Metals holds a buyback right on 0.5% of the NSR for US$1 million\\n\\n###  2026 PLANNED WORK\\nDaura Gold completed Phase I drilling at Cerro Bayo, successfully intersecting multiple zones of gold and silver mineralization associated with a large fertile low-sulphidation epithermal system within the Deseado Massif. Initial drilling confirmed high-grade mineralization within structurally controlled vein systems, while broad mineralized zones beginning near surface highlighted the scale potential of the broader hydrothermal system. Phase II drilling is planned for Q3 2026 and will include follow-up drilling at Cerro Bayo, as well as initial drill testing at the La Flora project, where previous surface sampling returned values up to 82 g/t gold within vein zones.\\n\\n**Cerro Bayo and La Flora represent one of Latin Metals’ most advanced precious metals exploration opportunities, with active partner-funded drilling underway in the prolific Deseado Massif. High-grade gold and silver intercepts, multiple mineralized structures, and district-scale epithermal targets support significant discovery potential across the broader project area. With Phase II drilling planned for Q3 2026 and numerous targets remaining untested , Cerro Bayo and La Flora remain a key exploration catalyst for Latin Metals.**"]
- Leadership
- Keith Henderson (CEO, Experienced leader in mineral exploration with a focus on South America. He has a strong background in project management and corporate development.), not discovered, not discovered
Verified data last updated:
Recent filings
- News release · LMS_2026-07-02_20-01-36.pdf
- News release · LMS_2026-06-29_12-00-53.pdf
- Interim financial statements/report · LMS_2026-06-26_18-25-31.pdf
- Company filing · LMS_2026-05-27_08-08-45.pdf
- Company filing · LMS_2026-05-27_08-08-14.pdf
- Notice of meeting · LMS_2026-05-27_08-07-44.pdf
- Management information circular · LMS_2026-05-27_08-07-43.pdf
- Cover letter · LMS_2026-05-27_08-07-13.pdf