Latin Metals Inc. Secures Full Ownership of Cerro Bayo Silver-Gold Project

Latin Metals Inc. (TSX.V: LMS) (OTCQB: LMSQF) has finalized an amended agreement to acquire the remaining 29% interest in the Cerro Bayo and La Flora properties located in Argentina's Santa Cruz Province, thereby securing full ownership of the Cerro Bayo Silver-Gold Project. This strategic move grants Latin Metals sole ownership of a fully permitted, drill-ready silver-gold exploration asset. The agreement with Tres Cerros Exploraciones S.R.L. involves staged cash payments totaling US$400,000 through 2027, with TCE retaining a 0.75% NSR royalty, part of which Latin Metals can repurchase.

The Cerro Bayo project represents a significant addition to Latin Metals' exploration portfolio, offering potential for significant silver and gold discoveries. The company's prospect generator model, which minimizes risk and dilution while maximizing discovery potential, is further strengthened by this acquisition. Latin Metals continues to seek strategic partnerships to advance its portfolio of 18 projects across Peru and Argentina, including collaborations with major mining companies like AngloGold Ashanti and Moxico Resources.

For more details on the acquisition, visit https://ibn.fm/Io8zX.