- Latin Metals (LMS) has uncovered a second large copper porphyry target at its Lacsha Project
- The Lacsha Project is located in the Peruvian Coastal Copper Belt
- Recent testing results confirm the copper-molybdenum anomaly over an area of 1.5-kilometres by 1-kilometre
- Follow-up sampling has begun to continue sampling to the south, where the Lacsha South anomaly remains open for expansion
- Latin Metals is unchanged, trading at C$0.15 at 12:32 pm ET
Latin Metals (LMS) has uncovered a second large copper porphyry target at its Lacsha Project.
The Vancouver mineral exploration company owns a 100-per-cent interest in the project.
Recent testing results confirm the copper-molybdenum anomaly over an area of 1.5-kilometres by 1-kilometre.
Recently received analysis from 84 additional talus samples have delineated the large area of anomalous copper and molybdenum. Results defining Lacsha South include copper ranging from 441 to 2,820 parts per million (ppm) and molybdenum ranging from 4.8 to 192.5 parts per million.
The Lacsha Project is located in the Peruvian Coastal Copper Belt.
The project is located approximately 110 kilometres by road from Lima, 40 kilometres from the coast, and is accessible year-round by paved road.
“Staking of the Lacsha Project less than one year ago and forging of agreements with local communities was followed by a systematic program of mapping and geochemical sampling. We have been successful in delineating two large copper porphyry targets over a short time frame, and we are reaching the final stages of drill target definition,” said Latin Metals President and CEO, Keith Henderson.
Follow-up sampling has begun to continue sampling to the south, where the Lacsha South anomaly remains open for expansion.
The Coastal Copper Belt in Peru is a Cretaceous belt hosting a variety of deposit types including porphyry, epithermal, VMS and IOCG. Latin Metals’ Lacsha copper-molybdenum and Auquis copper-gold projects are both located in the northern Lima-Ica portion of the coastal belt.
Latin Metals is unchanged, trading at C$0.15 at 12:32 pm ET.
