- Latin Metals Inc. (LMS) has acquired a 100 per cent interest in the Yanba copper exploration project in Coastal Coper Belt, Peru
- he 4,000-hectare Yanba project is located near the company’s Lacsha copper project where recent exploration has identified extensive copper mineralization at surface where it expects to finalize drill targets by year end
- The Yanba acquisition was completed following completion of an extensive regional stream sediment survey, and screening approximately 200 kilometres with 35 samples
- The area was selected for staking due to consistent copper anomalies and geological similarities to the nearby Lacsha project
- Copper values range from 28 to 139 parts-per notation with anomalies across seven contiguous catchments and anomalous areas being three times higher than background
- Latin Metals Inc. (LMS) is unchanged trading at $0.125 per share at 2:06 p.m. ET
Latin Metals (LMS) has acquired a 100 per cent interest in the Yanba copper exploration project in Coastal Coper Belt, Peru.
The 4,000-hectare Yanba project is located near the company’s Lacsha copper project where recent exploration has identified extensive copper mineralization at surface where it expects to finalize drill targets by year-end.
The Yanba acquisition was completed following the completion of an extensive regional stream sediment survey, and screening approximately 200 kilometres with 35 samples.
The area was selected for staking due to consistent copper anomalies and geological similarities to the nearby Lacsha project.
Copper values range from 28 to 139 parts-per notation with anomalies across seven contiguous catchments and anomalous areas being three times higher than the background.
This geochemical anomalism prioritizes this area along with geological similarities to Lacsha.
Latin Metals is currently in discussions with the single local community that hold the surface rights, following which the company expects to begin systematic surface exploration.
As was the case at Lacsha, a talus survey program will be the first pass to identify the highest priority targets.
This stream sediment survey was designed and supervised by Eduardo Leon, the Exploration Manager, and is responsible for all aspects of the work.
On-site personnel at the project rigorously collect and track samples which are then security sealed and shipped to the ALS laboratory in Lima.
Samples used for the results described herein are prepared and analyzed by multi-element analysis using an inductively coupled mass spectrometer in compliance with industry standards.
The Coastal Copper Belt in Peru is a cretaceous belt hosting a variety of deposits.
Latin Metals’ 100 per cent owned Lacsha copper-molybdenum, Yanba copper-molybdenum, and Auquis copper-gold projects are all located in the northern Lima-Ica portion of the coastal belt.
Latin Metals Inc. (LMS) is unchanged trading at $0.125 per share at 2:06 p.m. ET.
