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