Latin Metals Receives Positive Results from Airborne Magnetic and Radiometric Survey, Organullo Project, Argentina

Core Viewpoint - Latin Metals Inc. is advancing its Organullo Project in Argentina, where AngloGold has an option to earn up to an 80% interest, supported by new geophysical survey data indicating promising drill targets [1][6]. Company Overview - Latin Metals is a mineral exploration company focused on acquiring a diversified portfolio of assets in South America, utilizing a Prospect Generator model to minimize costs and secure joint venture partners for exploration funding [8]. Project Details - The Organullo Project features a large-scale graben measuring 5 km across, divided into West Graben and East Graben by the Medial Fault, with historical exploration concentrated on the East Graben near the Julio Verne Mine [4][5]. - Historical drilling in the East Graben has revealed moderate bulk-tonnage gold mineralization, while the West Graben has been largely unexplored, presenting a new opportunity for discovery [4][5]. - AngloGold's exploration has identified advanced argillic alteration over a strike length of more than 6 km in the West Graben, indicating potential for porphyry copper-gold and high-sulphidation epithermal gold deposits [3][5][6]. Exploration Activities - AngloGold has submitted a drill permit application for approximately 12,000 meters of drilling and has completed an airborne geophysical survey that supports the identified drill targets in the West Graben [7][6]. - The airborne survey results show a distinct zone of magnetically complex signatures in the West Graben, contrasting with the flat magnetic signature of the historically drilled East Graben [7].