| CLICK HERE
to watch Nick Hodge interview Rick Rule and Jeff Phillips on the key advantages provided by the prospect generator model.
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| Every junior explorer faces the same problem. Drilling is expensive, and the usual way to pay for it is to sell more shares.
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| Latin Metals Inc. (LMS.V; LMSQF.OTC) found a better answer: get major partners to pay for the drilling…and pay Latin Metals for the privilege.
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| The Vancouver-based company is a prospect generator working across Peru and Argentina. It acquires promising ground early and advances it at low cost. Then it options each project to a well-funded partner, who covers the expensive drilling while Latin Metals collects cash payments and keeps its upside.
And in just the past five weeks, two heavyweight partners signed on.
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| On August 18, Minsur S.A., one of Peru’s leading miners, agreed to option terms on Latin Metals’ Lacsha copper project, about 130 kilometers north of Lima.
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| Minsur can earn 75% of Lacsha by paying $2.62 million and drilling 60,000 meters. If it goes on to buy the full project and buy back half the royalty, Latin Metals would collect up to $42.62 million in cash and still keep a 1% NSR royalty.
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| Then on September 21, Latin Metals optioned its Organullo gold project in Salta Province, Argentina, to Aumin Argentina.
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| Aumin’s team founded AbraSilver and is advancing the Diablillos silver-gold project, which is now one of Argentina’s most significant advanced-stage precious metals projects.
Aumin must drill 40,000 meters to earn Organullo outright. Under an accelerated scenario, Latin Metals could receive up to $40 million in cash, again with a retained 1% NSR royalty.
Two projects. Up to $82.6 million in potential cash — over three times Latin Metals’ current market value in those two deals.
And the company has 14 more projects in its portfolio…
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| The Math Of Letting Partners Pay
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| When you line up the numbers, the leverage becomes clear.
Latin Metals runs on about C$3 million a year. Across its agreements with Minsur, Aumin, Daura Gold and Moxico Resources, up to C$185 million in partner investment is now under option. That total includes cash payments and the estimated cost of up to 195,000 meters of drilling.
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| Two years ago, that figure stood at C$16.4 million. It has grown more than 11 times since.
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| Every dollar a partner spends in the ground is a dollar Latin Metals doesn’t have to raise from shareholders. Management and directors own about 40% of the company, so they feel the benefit of that discipline as directly as every shareholder.
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| Drill Rigs Turning On Someone Else’s Dime
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| The drilling itself is where this story could get very interesting.
In Argentina’s Deseado Massif, Daura Gold’s first 1,850-meter program at Cerro Bayo hit high-grade gold and silver. The Deseado Massif has produced and defined more than 600 million ounces of silver and 20 million ounces of gold since 1990.
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| Phase II is scheduled for Q4 2026. It will follow up at Cerro Bayo and deliver the first-ever drilling at La Flora, where Latin Metals’ earlier surface sampling returned up to 82 g/t gold.
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| In San Juan Province, Moxico Resources is advancing the Zaha copper-gold project. A discovery hole there returned 387 meters grading 0.57% copper and 0.27 g/t gold from surface, and Moxico has 15,000 meters of drilling slated for 2026.
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| Lacsha and Organullo are both drill-permitted, which positions partner drilling to follow once definitive agreements are in place.
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| Meanwhile, the pipeline keeps refilling. On August 31, Latin Metals teamed with Geomorphic AI to run its artificial intelligence platform across more than 25 years of proprietary Argentine exploration data. The goal is to rank new targets for acquisition, creating the next generation of projects to put in partners’ hands.
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| The Market Hasn’t Done This Math Yet…
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| So what is the market paying for all of this?
Latin Metals carries a market value of roughly C$35 million. That’s less than a third of the potential cash tied to just Lacsha and Organullo.
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| And it comes before counting Cerro Bayo, La Flora, Zaha, royalties on Mina Angela and El Quemado, or the nine other projects in its pipeline.
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| Four partners are funding exploration. Up to 195,000 meters of drilling sits under option. Two new deals carry up to $82.6 million in potential cash. Phase II drilling at Cerro Bayo and La Flora is set for Q4. And a lean company, with insiders owning about 40%, keeps generating new projects to option.
With drill rigs set to turn and two definitive agreements in the works, Latin Metals deserves a close look right now.
Get the full story in the video and at the link below…
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 |
| CLICK HERE
to watch Nick Hodge interview Rick Rule and Jeff Phillips on the key advantages provided by the prospect generator model.
|
| CLICK HERE
To learn more about Latin Metals Inc.
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