Latin Metals Receives Positive Results from Airborne Magnetic and Radiometric Survey, Organullo Project, Argentina - Seite 2

AngloGold’s exploration thesis, if correct, could result in the discovery of a significant mineral deposit at Organullo. The interpretation is supported by multiple data sets including geological mapping, WorldView-3 imagery, photogeological interpretation, TerraSpec data, and ASTER data, as well as geochemical analysis. Within the newly prioritized West Graben, drill targets are further supported by higher-temperature alteration mineralogy and favourable deposit-scale structural settings.

With drill targets already identified and a drill permit application submitted for approximately 12,000m of drilling, AngloGold took the additional step of completing an airborne geophysical survey. The survey collected magnetic and radiometric data over the Organullo property. The results add weight to the validity of the AngloGold drill targets with a distinct zone of magnetically complex signatures coinciding with West Graben and coincident with the already-defined drill targets. This complex magnetic signature contrasts with the historically drilled East Graben, where the magnetic signature is flat and where drill hole results can be interpreted as peripheral to a porphyry-epithermal system.

About Latin Metals

Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America. The Company operates with a Prospect Generator model focusing on the acquisition of prospective exploration properties at minimum cost, completing initial evaluation through cost-effective exploration to establish drill targets, and ultimately securing joint venture partners to fund drilling and advanced exploration. Shareholders gain exposure to the upside of a significant discovery without the dilution associated with funding the highest-risk drill-based exploration.  For more information, please get in touch with Latin Metals Investor Relations at 604-638-3456 or via email at [e-mail].

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Qualified Person

Keith J. Henderson, P.Geo., is the Company's qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Henderson is not independent of the Company, as he is an employee of the Company and holds securities of the Company.