Latin Metals Expands Para Copper Project, Peru

Core Insights - Latin Metals Inc. has expanded its Para copper project in southern Peru by acquiring additional mineral rights, enhancing its coverage over key drill targets [1][6][8] - The integration of exploration data from Vale Exploration Peru S.A.C. has enabled the identification of multiple high-priority drill targets [3][4] - The company plans to initiate the drill permitting process and is actively seeking a partner to fund and advance the project [4][6] Acquisition Details - The newly acquired claim spans 300 hectares and was purchased for US$20,000, with no royalty obligations [6][8] - This acquisition consolidates the Para project, which is now 100%-owned by Latin Metals and covers a total of 2,200 hectares [11] Project Background - The Para Copper Project is located in Peru's Coastal Copper Belt, known for its favorable geology and infrastructure, making it attractive for exploration and potential mine development [11] - Vale Exploration Peru S.A.C. previously explored the project between 2013 and 2017, identifying four priority drill targets totaling approximately 2,500 meters and securing a drill permit, although no drilling was conducted [9] Exploration and Data Analysis - Latin Metals has conducted systematic geochemical sampling and interpretation, confirming the presence of multiple porphyry-style targets [9] - The exploration program included the collection of 208 talus samples, with results analyzed using industry-standard methods [12]