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Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) is a mineral exploration company acquiring a diversified portfolio of assets in South America utilizing a Prospect Generator model.

Using a “Prospect Generator” describes a junior mining exploration company that employs a particular business model to de-risk the exploration approach. A Prospect Generator will stake and/or acquire future mineral rights to an area they believe has significant ore-bearing potential.

Latin Metals properties are primarily Copper and Gold in Peru and Argentina. There are detailed Corporate videos for those wishing for a quick video picture.

Peru is the world’s second-largest producer of copper, silver, and zinc and Latin America’s largest producer of gold. Peru is among the primary producers of mineral commodities in the world. Abundant mineral resources such as copper, gold, silver, and lithium are found mainly in the mountains. The mining industry in Peru has been historically significant to the nation for over 500 years and has been home to many high-grade gold and copper projects. In 2019, Peru tied with Ghana as the seventh largest gold-producing country.

Latin Metals has several properties in Peru. The Map:

The Company is very good at keeping investors informed. The most recent news announced results at its Auquis property.

Keith Henderson, the CEO, commented, “Our recent follow-up sampling program has outlined a large 1km x 1km area of consistent mineralization where 101 samples returned copper values of up to 2.37% copper and 236 ppm molybdenum, with a mean value of 0.13% copper and 6.4 ppm molybdenum. We are excited about these initial results, with many areas of this large 4,000-hectare property still unsampled.” (July 20th PR)

For closeology fans, significant players in the area are Newmont and Vale, not exactly small potatoes in the copper sector. Speaking of Copper, it appears the outlook is one of growth.

Demand for copper will double by 2035, opening up a supply gap that threatens climate goals and poses severe challenges to the Net-Zero Emissions by 2050.

This demand growth during the energy transition — a pathway toward transforming the global economy to Net-Zero Emissions by 2050 — will be particularly pronounced in the United States, China, and Europe. India will also exhibit strong copper demand growth, more from traditional copper applications than from the energy transition. (S&P Global)

It appears that good-quality copper assets could well make sense in a diversified portfolio.

LMS has a like number of properties in Argentina. Somewhat more advanced than its Peru properties. In 2021, the Company concluded deals with Libero Copper and Gold, Patagonia Gold and most recently, AngloGold Ashanti.

Most recent news announced in June 2022:

“We are delighted to welcome AngloGold as an option partner. AngloGold Ashanti is the fourth largest gold producer globally, with operations across four continents,” said Keith Henderson, President and CEO of Latin Metals. “AngloGold’s investment of up to USD 12.575 million for a 75% ownership interest in the Projects is a significant investment, and, if AngloGold were to exercise its top-up right for an aggregate 80% ownership, additional investments by AngloGold   would include delivery of a Mineral Resource estimate and further cash payments commensurate with defined ounces to Latin Metals.” (June 6/22 PR)

One can see the importance of the ‘Project Generator’ approach to property/asset acquisition.

You may well be thinking. Another Gold/Copper company? And you’d be right. However, LMS has excellent properties, a business approach to monetizing properties and impressive management. Over the last 52 weeks, the share price range doubled from CDN$0.08 to CDN$0.175. Shares are now CDN$0.10 a piece.

So whether as a straight copper/gold investment, a metals proxy or a growth play, Latin Metals is worth more research while drinking an excellent South American Dark Roast.

There’s more to come on this quality junior.

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Marc has been involved in the Stock Market Media Industry for the last +4 years. After obtaining a college degree in engineering in France, he moved to Canada, where he created Money,eh?, a personal finance website. He then contributed to building Guerilla Capital, a Capital Markets company and FirstPhase Media where he is head of research. At10xAlerts, he writes articles and conducts interviews on many sectors, including technology, metals & mining markets.