- Latin Metals (LMS) is reporting the discovery of new surface copper mineralization
- The Vancouver-based mineral exploration company made the discovery at its Lascha Project in Peru
- The company recently received rock chip channel sampling results which defined a new zone of copper mineralization
- Results are in addition to assays reported previously in Lacsha South and Lacsha North target areas, where similar mineralization was identified
- Latin Metals is unchanged, trading at $0.11 at 3:37 p.m EST
Latin Metals (LMS) has discovered new surface copper mineralization at its Lascha Project in Peru.
The Vancouver-based mineral exploration company recently received rock chip channel sampling results which defined a new zone of copper mineralization. Continuous rock chip channel sampling results show consistent values in copper and molybdenum, including 52 metres grading 0.38 percent copper, and 237 parts per million (ppm) molybdenum, with copper values ranging from 460 ppm copper to 45,200 ppm copper.
The results are in addition to assays reported previously in Lacsha South and Lacsha North target areas, where similar mineralization was identified.
Latin Metals is currently undertaking a geophysical IP survey, which will be completed over the Lacsha project.
The Coastal Copper Belt in Peru is a Cretaceous belt hosting a variety of deposit types, including Porphyry, Epithermal, VMS and IOCG.
Latin Metals’ 100-percent-owned Lacsha copper-molybdenum, Yamba copper-molybdenum, Auquis copper-gold and Tillo, Para and Loli projects are all located in the northern Lima-Ica portion of the coastal belt.
Latin Metals is unchanged, trading at $0.11 at 3:37 p.m EST.
