- Latin Metals (LMS) released the results of its surface rock sampling program at its Auquis Project in Peru
- 200 rock samples were collected, returning anomalous mineralization grading up to 5.8 per cent copper and 236 ppm molybdenum
- The company is planning to complete a ground magnetic survey covering the core copper-molybdenum anomalies for a total of approximately 60-line kms
- Latin Metals Inc. (LMS) is unchanged, trading at C$0.12 per share
Latin Metals (LMS) released the results of its surface rock sampling program at its Auquis Project in Peru.
A total of 200 additional rock samples were collected, returning anomalous mineralization grading up to 5.8 per cent copper and 236 ppm molybdenum.
434 total rock samples have now been collected across the project area, defining a core area of high-grade mineralization that measures 1.5 km by 1.5 km.
Porphyry-style mineralization has been recognized and sampled within the core area of copper-molybdenum mineralization. The western portion of the property has the potential to host skarn mineralization.
Latin Metals’ President and Chief Executive Officer, Keith Henderson, said that ongoing rock sampling results from Auquis continue to expand the footprint of copper mineralization on the project, with the core area expanded by more than 100 per cent.
“The project has potential scale and grade, which are important ingredients required to secure a future partner.”
The company is planning to complete a ground magnetic survey covering the core copper-molybdenum anomalies for a total of approximately 60-line km.
The magnetic survey will determine the dimension of the porphyry target mapped on surface and the potential skarn mineralization to the west.
Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.
Latin Metals Inc. (LMS) is unchanged, trading at C$0.12 per share.
