LMS:CC - Mineral Exploration Firm Announces New Agreement

2023-06-05 12:13:08 ET

This company is looking to acquire exploration properties at a minimal cost, conduct cost-effective exploration to establish drill targets, and secure joint venture partners for funding advanced exploration - and just announced a new acquisition agreement.

South American leading mineral exploration company %LatinMetals (TSXV: ) (OTCQB: ) announced in today’s press release that it has entered into an agreement with Geoterra SRL, pursuant to which Latin Metals has purchased from Geoterra, a 100% interest in the Solario copper project, for total cash consideration of $1,000,000 Argentine pesos. The Solario project is located in Salta Province in northwest Argentina, a prospective site for sediment-hosted copper deposits.

Canadian shares of this dual-listed firm were trading at $0.13 in morning trade.