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Be the first with the news that moves the market- Latin Metals (TSXV:LMS) has received positive results from rock sampling from its Tillo Copper Project in Peru
- Previous soil and talus sampling delineated an anomalous area of copper porphyry deposits that was 2,500 metres by 1,000 metres in size, which will serve as the priority geochemical target
- Of 140 samples collected, 24 samples grade more than 0.2 per cent copper, with a maximum grade of 5.9 per cent copper and 421 ppm molybdenum
- Latin Metals (LMS) opened trading at $0.18
Latin Metals (TSXV:LMS) has received positive results from rock sampling from its Tillo Copper Project in Peru.
Previous soil and talus sampling delineated an anomalous area of copper porphyry deposits that was 2,500 metres by 1,000 metres in size and will serve as the priority geochemical target.
Results of rock sampling within the anomalous area provide good support for the target. Of 140 samples collected, 24 samples grade more than 0.2 per cent copper, with a maximum grade of 5.9 per cent copper and 421 ppm molybdenum.
Detailed mapping will continue within the anomalous area to outline vein density and vector towards potential centers of mineralization. A hyperspectral study will be carried out and used to help prioritize targets within the extensive geochemical anomaly.
Latin Metals’ CEO, Keith Henderson explained that the company’s strategy to acquire grassroots properties by staking continues to pay off, as the team continues to delineate areas of significant copper mineralization at surface.
“Since first staking projects in Peru, the company has successfully delineated copper mineralization at Lacsha, which is now fully drill permitted and ready for drill testing,” Henderson said. “At the Auquis project, porphyry-style and skarn mineralization has been delineated with exploration and drill permitting ongoing. With these two successes in hand, it is great that we now have a third copper project on which to focus.”
Headquartered out of Vancouver, B.C., Latin Metals Inc. is a mineral exploration company with a diversified portfolio of assets in South America. The company recently expanded its copper exploration footprint with the acquisition of Solaria Copper Project. Click here to read more.
Latin Metals (LMS) opened trading at $0.18.
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