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Latin American Minerals' projects in South America are geographically spread out in order to best combine the economic soundness of geographical and geopolitical diversity with the exploration of varied mineral discoveries of significant potential. Together, the Company's two Argentinian projects, Rio Tendal and La Carolina, show signs of varied mineralization: gold, silver, copper, lead, and zinc. Aditionally, Paraguay's Paso Yobai project and Colombia's Esmeralda project, each have sufficient mineralization to warrent the establishment of two new gold camps. Recent, current, and planned future explorations of each of the four properties will aid in providing the company with the information to best and most successfully direct its efforts.
Please use the links to the left to find out more about the Company's explorations and responsibilities in each country.
As well as posing unique opportunities, each country the Company is involved in boasts distinctive cultural identies and geographic importance. Environmentally, Latin American Mierals is committed to minimizing its impact on the terrain and to restoring to its original state any areas the company's operations may affect. Socially, the Company is dedicated to providing time and resources to fostering education, community, and culture in each of the districts it works within.
- Exchange:
- Share Issued:
- Stock Options:
- 52 Week Range:
- Market Cap Fully Diluted (June 08):
- Average Trading Volume/Day:
- Debt:
- Bought Deal (May 07):
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TSX Venture: LAT
48,455,524
3,817,500
CD $0.225 - $1.30
$21,950,000
100,000
None
CD $12,000,000
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- Experienced Board of Directors
- Proven and respected Canadian and South American management teams
- Experienced South American exploration teams
- Pipeline of "grass roots" to advanced exploration/development projects
- In country knowledge of South American politics, trends and opportunities
- Diversified countries and commodity base
- Opportunity and results driven
- Right to earn 70% Interest in the project covering 15,332
- Fully permitted for mining (including environmental)
- Gold system traced on surface for 3.7km with significant visible gold
- Explored by shallow pits-random grab samples grading greater than 90gpt Au
- 5,000m diamond drilling program completed; results include 6.5m @ 27gpt Au
- 100% interest in the project covering a large land position(160,000 ha property)
- 70% interest in a smaller land position(5000 ha Property)
- DeBeers collected 4 alluvial samples and found 8 macro-diamonds (.71 - 1.0mm)
- Lat collected 13 samples and found 4 macro-diamonds and kimberlites
- Detailed stream sediment sampling is continuing and a ground magnetometer survey will commence shortly
- Historic mining camp
- 100% owned mining concession (36,488ha) covers entire District. Smaller mines owned by Lat and Teck
- Several major VMS occurrences on the property
- Mineralized horizons exposed on surface-up to 80 meters wide and 2.0km long
- Horizon contains stacked massive sulphide lenses; individual lenses up to 29 meters true width grading 4.7% Zn, 0.44% Cu, 1.04% Pb and 15.60 gpt Ag
- 2079m drilled in 2008; result include 1.7m@9.18% Zn and 3.18% Pb.
- Historic gold and base metal mine. Two galleries abandoned in the 1970's.
- Right to earn 100% interest in 10,000ha property
- Veins running up to 290gpt Au and stockwork running up to 30gpt Au
- Stream Sediment anomalies on 88 out of 92 samples up to 262ppb Au.
- Rock Chip running 15gpt Au across 2m sandstone
- Current work involves opening the galleries and underground sampling
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