Deseado Massif

Latin Metals Seeking Partners for Cerro Bayo Gold-Silver Project in Argentina and Lacsha Copper Project, Peru

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Friday, October 27, 2023
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VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.
  • The Company operates with a Prospect Generator model whereby partners are secured under option agreements to fund drilling and advanced exploration.
  • Latin Metals’ Cerro Bayo property is a 28,000-hectare, drill-ready project where 8 drill target areas have been defined within a 6km wide trans-tensional basin.
  • The 100%-owned Lacsha Copper Project is located in the coastal porphyry belt in Peru, which hosts multiple copper-moly and copper-gold-moly porphyry deposits.

Mirasol Announces the Launch of Partner-Funded Drill Program at the Claudia Gold-Silver Project in Argentina

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Tuesday, October 3, 2023
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(7.5%), has initiated a drill program at the Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.

Key Points: 
  • (7.5%), has initiated a drill program at the Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.
  • Under an Option Agreement, CVSA has the right to acquire a 100 percent interest in Claudia by completing 12,500 meters of diamond drilling within four years.
  • If the Option is exercised, Mirasol will retain a 2% Net Smelter Royalty on future production from the Claudia Project ( news release May 23, 2023 ).
  • Mirasol today also announces that the option agreement on the Homenaje Gold-Silver Project in Argentina (“Homenaje”) with Patagonia Gold Corp. (“Patagonia”) has been terminated.

Latin Metals Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina

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Monday, June 19, 2023
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VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS, OTCQB: LMSQF) provides an update on exploration at the Cerro Bayo project (“Cerro Bayo” or the “Project”), located in the Deseado Massif, Santa Cruz Province, Argentina.

Key Points: 
  • VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS, OTCQB: LMSQF) provides an update on exploration at the Cerro Bayo project (“Cerro Bayo” or the “Project”), located in the Deseado Massif, Santa Cruz Province, Argentina.
  • Cerro Bayo is subject to an earn-in agreement (the “Earn-In Agreement”) with a wholly owned subsidiary of Barrick Gold Corporation (“Barrick”).
  • Under the terms of the Earn-In Agreement, Barrick has the right to acquire up to an 85% interest in the Project.
  • The exploration program is targeting potential bonanza grade gold and silver at 150m to 200m depth from palaeosurface.

Mirasol Signs Option Agreement with AngloGold Ashanti’s Cerro Vanguardia SA Mine to Advance the Claudia Gold-Silver Project in Argentina

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Tuesday, May 23, 2023
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(7.5%) for the exploration of Mirasol’s Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.

Key Points: 
  • (7.5%) for the exploration of Mirasol’s Claudia Gold-Silver Project (“Claudia”), located directly south of the CVSA Gold-Silver Mine in the province of Santa Cruz, Argentina.
  • “The Agreement with CVSA demonstrates the potential for continued discovery and resource development at Claudia,” Mirasol’s President Tim Heenan stated.
  • Five distinct prospective vein trends have been identified at Claudia including the Curahue Vein Field and the Rio Seco Prospect.
  • Claudia also hosts two shallow paleo-surface expressions of “sinter fields” at both Calandria and Rio Seco.

RUGBY RESOURCES GRANTED DRILLING PERMIT AT EL ZANJON GOLD / SILVER PROJECT, ARGENTINA - LAND POSITION EXPANDED

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Monday, May 15, 2023
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In addition, it has increased its land position to secure a potential extension to the gold-silver system.

Key Points: 
  • In addition, it has increased its land position to secure a potential extension to the gold-silver system.
  • The Company is targeting high grade gold-silver epithermal veins in the Deseado Massif, host to a number of exceptional deposits.
  • El Zanjon is 30 kilometres (“km”) southeast of AngloGold’s Cerro Vanguardia mine (Figure 1).
  • Figure 5 - El Zanjon DEM showing tenure, New Application and Ionic Leach soil geochemistry (Gold ppb).

Austral Gold to Sell Pinguino to E2 Metals for US$~10M

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Thursday, November 24, 2022
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- Austral to receive US$5M in cash, 19.99% of E2 Metals' shares plus 15M options in exchange for 100% of SCRN Properties Ltd., owner of the Pinguino project

Key Points: 
  • - Austral to receive US$5M in cash, 19.99% of E2 Metals' shares plus 15M options in exchange for 100% of SCRN Properties Ltd., owner of the Pinguino project
    SYDNEY, AU, Nov 25, 2022 - (ACN Newswire) - Austral Gold Limited ("Austral") (ASX: AGD) (TSXV: AGLD) is pleased to announce that it has entered into a Share Sale Agreement (the "Agreement") with E2 Metals Limited ("E2") (ASX: E2M) and Austral Gold Canada Limited ("Austral Canada"), a Canadian subsidiary of Austral, pursuant to which Austral Canada has agreed to sell 100% of the common shares of SCRN Properties Limited ("SCRN") to E2 (the "Transaction") for total consideration of US$~10 million.
  • SCRN's main asset is the polymetallic Pinguino Project, located in the Deseado Massif in the Santa Cruz Province of Argentina (please refer to About Pinguino).
  • Austral Gold's Chief Executive Officer Stabro Kasaneva said: "We firmly believe in the Pinguino project.
  • E2 Metals Limited is an Australian exploration company focused on making new discoveries in the world class Santa Cruz gold and silver province, southern Argentina.

Mirasol Reports on Encouraging Gold and Base Metal Mineralization from Maiden Drill Program at the Libanesa Project in Argentina

Retrieved on: 
Wednesday, November 9, 2022
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Results from the maiden 1,780-meter drill program confirm that we have only scratched the surface of an exciting exploration program at the Libanesa Project.

Key Points: 
  • Results from the maiden 1,780-meter drill program confirm that we have only scratched the surface of an exciting exploration program at the Libanesa Project.
  • The drill program was cut short due to weather conditions and there are clearly more quality targets left to drill test.
  • Libanesa is a 14,500-ha gold-silver (lead-zinc) project discovered by Mirasol.
  • Libanesa Main hosts the Cerro Plomo, Oculto, Traves del Sur, Bajo spero, Playa Vetas, Brecha Plata and the NE Zone prospects.

RUGBY ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS

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Wednesday, May 25, 2022
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Vancouver, B.C., May 25, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (Rugby or the Company) (TSX-V: RUG) is pleased to report the return of Mr. Paul Joyce to the Board of Directors.

Key Points: 
  • Vancouver, B.C., May 25, 2022 (GLOBE NEWSWIRE) -- Rugby Mining Limited (Rugby or the Company) (TSX-V: RUG) is pleased to report the return of Mr. Paul Joyce to the Board of Directors.
  • Rugbys former President, CEO, a founding director and current Chief Operating Officer, Mr. Paul Joyce will rejoin the Board of Directors effective immediately.
  • We are planning advanced exploration programs in Colombia and Argentina and Pauls expertise will be welcomed by the Board.
  • Concurrent to Mr. Joyces reappointment, the Company reports that Mr. Peter Love has resigned as a member of Rugbys Board of Directors.

Mirasol Announces Start of Maiden Drill Program at Libanesa Silver-Gold Project, Argentina

Retrieved on: 
Thursday, March 24, 2022
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Their surface work has confirmed and refined the drill targets previously delineated by Mirasol as well as identifying new prospective targets.

Key Points: 
  • Their surface work has confirmed and refined the drill targets previously delineated by Mirasol as well as identifying new prospective targets.
  • Golden Arrow may earn a 75 percent interest in Libanesa over six years by spending US$4 million on exploration; completing a minimum 2,000m drill program; and making payments to Mirasol totalling US$1 million.
  • Mirasol would retain a 25 percent participating interest in the project (news release October 12, 2021 ).
  • Mirasol has seven partner-funded projects, with Newcrest Mining Ltd (Chile), First Quantum Minerals (Chile), Mine Discovery Fund (Chile), Mineria Activa (Chile), Silver Sands Resources (Argentina), Patagonia Gold (Argentina) and Golden Arrow (Argentina).

Golden Arrow Initiates Diamond Drilling Program at Libanesa Silver-Gold Project in Argentina and Provides Exploration Update

Retrieved on: 
Thursday, March 24, 2022
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VANCOUVER, BC, March 24, 2022 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV:GRG) (FSE: G6A) (OTCQB:GARWF)("Golden Arrow" or the "Company") is pleased to announce that it has initiated its first diamond drilling program at the Libanesa Silver-Gold project in Santa Cruz province, Argentina.

Key Points: 
  • VANCOUVER, BC, March 24, 2022 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV:GRG) (FSE: G6A) (OTCQB:GARWF)("Golden Arrow" or the "Company") is pleased to announce that it has initiated its first diamond drilling program at the Libanesa Silver-Gold project in Santa Cruz province, Argentina.
  • We are pleased to now move into the first drill phase at this highly prospective project,"commented Brian McEwen, VP Exploration and Development for Golden Arrow.
  • Since entering into the definitive agreement for the project, Golden Arrow has been conducting a detailed surface program to refine the previously defined targets and evaluate more of the property.
  • Golden Arrow recently completed a diamond drilling program at its Tierra Dorada gold project in Paraguay.