Argentina: Junior mining company Latin Metals acquires copper project in Jujuy

2 mins min reading
Argentina: Junior mining company Latin Metals acquires copper project in Jujuy
Argentina: Junior mining company Latin Metals acquires copper project in Jujuy
Share:

Canadian firm Latin Metals Inc. has announced the acquisition of the Terraza copper exploration project located in the province of Jujuy, taking possession of 68,000 hectares rich in the red metal. With an extensive exploration portfolio in South America, Latin Metals aims to establish a presence in the copper sector and sediment-hosted projects in this emerging region, expanding its land holdings to over 500,000 hectares.

By Panorama Minero

"Latin Metals' exploration efforts in northwest Argentina focus on understanding and unlocking the potential of sediment-hosted copper deposits in this promising region. The first stage involves conducting an extensive drainage survey, where the company plans to take more than 1,500 samples to assess and prioritize the entire territorial position", stated the company. This hands-on approach in the field is crucial for the development of emerging regions, and the samples will be accompanied by systematic prospecting, mapping, and sampling of mineralized outcrops.

Work programs at Terraza are designed and supervised by Eduardo León, the company's Exploration Manager, who will oversee all aspects of the work, including quality control and assurance of subsequent programs. "His experience and leadership ensure efficient and accurate execution of exploration activities, thus supporting Latin Metals' strategic objectives in the region," they noted.

This project adds to the company's existing copper assets in Argentina, including the mining centers Solario, Ventana, and Mirador in the province of Salta, as well as the Esperanza copper and gold porphyry project in the province of San Juan.

3. Nota 3 Cuadro.png

To date, the company's work in the country has included 196 sediment samples covering approximately 60% of the Mirador copper project located in Salta. The samples have been processed by a commercial laboratory, and the analysis of samples from mineralized rocks at Mirador is underway, with results expected soon.

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the news: Mendoza Strengthens Its Mining Policy with a Royalties Law and an Environmental Compensation Fund | Panorama Minero

Mendoza Strengthens Its Mining Policy with a Royalties Law and an Environmental Compensation Fund

The government has introduced a legislative package establishing a long-awaited royalties framework and a “rapid-action” Environmental Compensation Fund. These legislative initiatives were presented together with the Environmental Impact Declarations (DIAs) for PSJ Cobre Mendocino and Malargüe Mining District, confirming the government’s commitment to moving forward with the development of the mining sector.

Illustrative image for the news: A Historic Donation: Aisa Group Plans to Allocate Over US$500 Million to Public Good Projects in Argentina Over the Next 30 Years | Panorama Minero

A Historic Donation: Aisa Group Plans to Allocate Over US$500 Million to Public Good Projects in Argentina Over the Next 30 Years

Businessman Juan José Retamero, head of Aisa Group, announced that the group plans to allocate more than US$500 million over the next three decades to public good projects in Argentina. The funds will come from the returns on investments made with capital recovered through various ongoing legal proceedings and will be channeled through a foundation established by the company.

Illustrative image for the news: San Juan: Minsud Receives Chita South Porphyry Drilling Results  | Panorama Minero

San Juan: Minsud Receives Chita South Porphyry Drilling Results

Minsud Resources Corp. announced receipt of assay results from fifteen (15) additional drill holes completed in the recently finalized in-fill and selective peripheral diamond drilling campaign at the supergene-enriched Chita South Porphyry (PSU) Cu-Mo-Au deposit, part of the Chita Valley Project in San Juan province.

Illustrative image for the news: RIGI: Projects Reach US$ 33 Billion in Mining and Energy | Panorama Minero

RIGI: Projects Reach US$ 33 Billion in Mining and Energy

Argentina’s new investment incentive regime now accounts for more than US$ 33.8 billion in proposed projects, with copper, lithium, and gas infrastructure leading the way. Over 98% of the capital is concentrated in mining and energy.