Mineral Exploration Firm Announces New Agreement

By: Dylan Sikes – AllPennyStocks.com News

Monday, June 5, 2023

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 Latin Metals Inc. (TSXV: LMS) (OTCQB: LMSQF) 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.

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