Latin Metals Inc.
Primary tickers: TSXV:LMS, OTCQB:LMSQF
Stage of development: Exploration
Primary minerals: Copper, Gold, Silver
Projects to promote: Cero Bayo, Esperanza, Organullo
Project locations: Argentina, Peru
Website: latin-metals.com
Corporate YouTube channel: www.youtube.com/@latinmetals
Latin Metals Inc. (TSXV: LMS | OTCQB: LMSQF) is a South America-focused mineral exploration company operating on a prospect generator model to minimize dilution and maximize upside. The company holds 19 exploration-stage copper and precious metals projects across Argentina and Peru. Latin Metals has attracted tier-one partners including AngloGold Ashanti and Moxico Resources, who are funding exploration activities. Drill permits are expected in 2025 for flagship projects, including Organullo (gold) and Esperanza (copper-gold). With a tight capital structure, strong insider ownership, and near-term catalysts, Latin Metals offers investors multiple discovery shots – without bearing the exploration cost and dilution risk.
Debt: NIL
Major Shareholders:
Management ownership – 45%
Financials
Management Profile
Keith Henderson – CEO, President & Director
A seasoned geologist with over 30 years in global exploration and project development, Keith has led multi-million-dollar asset deals and major discoveries. As CEO of Latin Metals, he has built a high-potential project portfolio in Peru and Argentina and secured key partnerships with major industry players.
Elyssia Patterson – VP, Investor Relations
Elyssia brings expertise in investor relations, capital markets strategy, and corporate communications. With a strong track record supporting growth-stage resource companies, she leads investor outreach and engagement, aligning Latin Metals’ story with institutional and retail investors worldwide.
What is your rationale for taking part in 121 Mining Investment?
Latin Metals is entering its most pivotal phase to date. We’re meeting with institutional investors, fund managers, and strategic partners looking to gain exposure to copper and gold in South America without taking on high-risk capital expenditure.
Our goals:
– Raise market awareness ahead of multiple 2025 drill campaigns.
– Attract on-market support and liquidity from retail and institutional investors.
– Promote our partner-funded model and showcase value catalysts from within $19M of partner-funded exploration expected to be completed in 2025.
Upcoming Catalysts:
AngloGold Ashanti
– Planning 7,000m phase one drilling at Organullo – targeting Tier One 5Moz+ discovery at their top-rated exploration project.
Moxico Resources
– Completing extensive surface exploration in anticipation of drill permits and an initial 5,000m drill program in 2025.
Cerro Bayo
– Secure partner for fully permitted 5,000m to 10,000m drill program in 2025.
What recent news would you like to highlight to investors attending?
Q4 2024 – Esperanza copper-gold project fully permitted for exploration and extensive program initiated by partner Moxico Resources.
Q4 2024 – 71% interest vested at Cerro Bayo silver-gold project, with right to get to 100%.
Q1 2025 – Cerro Bayo silver-gold project fully drill permitted for extensive drill program.
Q1 2025 – Agreement with Vale on copper exploration project in Peru.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
– First of three drill programs kicks of on Organullo gold project with AngloGold planning 7,000m.
– Partner secured for phase one drilling at Cerro Bayo silver-gold project.
6 Months:
– Initiate drill testing for 5,000m to 10,000m at Cerro Bayo.
– New partner expected to be secured for Lacsha-Para-Auquis copper projects in Peru.
– New partner expected to be secured for 500,000 hectares sediment-hosted copper exploration property.
– Positive drill results on AngloGold’s Organullo program.
12 Months:
– Planned acquisition of uranium exploration property, expanding commodity focus from copper and precious metals.
– Initiation of drill testing by Moxico for a minimum 5,000m at Esperanza copper-gold project
– Positive drill results from Cerro Bayo
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Project Pipeline
As many of our projects are partnered and multiple more are under negotiation, we run the risk of having no projects left, and so we will be focusing on acquisition of new, high-quality exploration projects in the next months.
Liquidity
We have around 82% of the company with insiders and major investors, which tends to reduce liquidity. We aim to increase liquidity through intense marketing campaigns, including conferences, outreach, and social media.
What do you think makes your company such a compelling investment?
Low-Risk, High-Leverage Exposure
Our model protects shareholders from dilution while retaining upside through royalties and carried interests.
Investment versus Cost
We have contracts in place for up to $80M of non-dilutive exploration investment, with more expected to be added in 2025 with new partners. This contracts with our ability to run the company on $1.5M to $2M per year.
Quality of Projects
Major companies have very high hurdle rates. Partners like AngloGold Ashanti are seeking to discover Tier One assets – at Organullo the target is 5Moz+. These partnerships validate the portfolio’s quality.
Near-Term Catalysts
Multiple drill campaigns in 2025 create timely momentum for early investors
What are the top 3 key investor takeaways?
1. Tier-One Partners On Board: AngloGold Ashanti and Moxico are funding our top projects
2. Tight Share Structure: 82% held by insiders and major shareholders.
3. Multiple Shots: 19 projects with more coming provide multiple opportunities for discovery and/or exit.