Latin Metals’ (TSXV: LMS; US-OTC: LMSQF) prospect‑generator model is entering a critical inflection point as partner‑funded exploration ramps up sharply this year.
Partnerships with miners such as AngloGold Ashanti (NYSE: AU) and Moxico Resources will underwrite roughly $19 million (C$26 million) of drilling and other groundwork this year – more than 10 times Latin Metals’ annual budget – protecting shareholders from dilution while driving value at the early-stage assets, CEO Keith Henderson explains a new video interview.
“This is the year in which most of our catalysts are coming live,” he told The Miner this month during an industry event in Boca Raton, Fla.
Latin Metals has already locked in option contracts worth up to $80 million of non‑dilutive investment across its Argentine and Peruvian portfolio. That commitment extends through the completion of drill programs on projects such as Organullo and Esperanza, putting Latin Metals on track to deliver several first‑phase drill results before year‑end.
With 18 active projects and two royalties held on third-party assets spread across proven mineral belts in Peru and Argentina, Latin Metals combines a low‑cost operating base – just $2 million per year – with a continuously refreshed pipeline of drill‑ready targets.
Watch the full chat below with The Northern Miner’s Western Editor, Henry Lazenby.
Be the first to comment on "Video: Partner funding drives Latin Metals drilling"