Visible Gold Shines at Latin Metals' La Flora Project in Argentina

Latin Metals Inc. has announced a significant discovery at its La Flora Project in Argentina, identifying visible gold in samples from two outcropping structures. This exciting find, located within the prospective Deseado Massif geological province, has yielded assay results of up to 82 g/t gold and 1,239 g/t silver, underscoring the project's high-grade potential.

Visible Gold Unveiled at La Flora

Exploration efforts at Latin Metals' La Flora project have led to the observation of visible gold within a grey, microgranular silica event. Samples collected from these outcropping structures returned impressive assay results, with some reaching as high as 82 grams per tonne of gold and 1,239 grams per tonne of silver. These structures extend northwards, concealed by overburden, indicating the need for further drilling to fully assess the extent of these high-grade veins.

Key Takeaways

• Visible gold confirmed at the La Flora Project.
• Assay results show up to 82 g/t gold and 1,239 g/t silver.
• The project is situated in the prospective Deseado Massif geological province.
• Exploration builds on historical data from Barrick Gold.
• A drilling permit is anticipated in Q1 2025.

Cerro Bayo District Potential

The La Flora project is part of the larger Cerro Bayo district, an area renowned for its significant precious metal deposits. Situated within the Deseado Massif, the region boasts a history of mining and hosts several producing and past-producing mines. The mineralization is characteristic of epithermal systems, known for yielding high-grade gold and silver deposits. Latin Metals is leveraging extensive historical data from previous operators, including Barrick Gold, to guide its exploration strategy in this established mining jurisdiction.

Argentina's Growing Mining Sector

Argentina's mining sector is experiencing increased foreign investment, driven by its rich mineral resources and an improving regulatory environment. The Santa Cruz province, in particular, is a key contributor to the nation's gold and silver production. Latin Metals' projects align with this positive trend, reflecting the company's commitment to unlocking mineral value through systematic exploration and strategic partnerships. The company has completed all necessary work for an exploration and drilling permit, with approval anticipated in the first quarter of 2025.

Company Outlook and Future Plans

Latin Metals operates with a Prospect Generator model, focusing on acquiring prospective exploration properties, conducting cost-effective evaluations, and securing joint venture partners for drilling. The company will be attending PDAC 2025 in Toronto to engage with investors and discuss its projects in Argentina and Peru. The identification of visible gold at La Flora during initial exploration highlights the district-scale potential of the Cerro Bayo area.

Sources

• Latin Metals Discovers Visible Gold at La Flora Project, Santa Cruz, Argentina, Junior Mining Network.