Latin American Minerals is pleased to announce that the company has smelted its first gold dore bar weighing 149.7 grams since last producing gold in 2015. The Company's first attempt at reprocessing the tailings used a gravity process which lost much of the fine gold. The strategy to move to a VAT leach only operation commenced 45 days ago with this initial trial production under the stewardship of the new COO Bira de [...]
Latin American Minerals is pleased to announce the appointment of Mr. Bira De Oliveira as Chief Operating Officer, and the appointment of Mr. Dennis Logan as Chief Financial Officer. Mr. De Oliveira, P.Eng., MBA, PMP, PhD, Mr De Oliveira has more then 35 years operational experience in Latin America and West Africa in base metals and gold mines. Mr. de Oliveira most recently served as a Senior Vice President of Operations [...]
Latin American Minerals is pleased to provide the results from the next four holes of the Q1 drilling program and an update on corporate activities. Discovery Zone Drill Results At the end of the first quarter the company drilled seven shallow holes into the northwest end of the Discovery Trend, the Temi Zone (see Figure 1 below for project map). The effort was undertaken to define the extent of the mineralization near [...]
Latin American Minerals announces that it has granted an aggregate of 1,000,000 options to purchase common shares of the Company exercisable at a price of $0.15 per common share for a period of 5 years to officers and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. About the Company Latin American Minerals Inc. is [...]
Latin American Minerals is pleased to announce the appointment of Mr. Mathew Wilson as President and Chief Executive Officer of the Company, and the appointment of Mr. Paul Serjeant, VP Exploration, effective immediately. Mr. Wilson will replace Mr. Basil Botha, who is remaining as Chairman of the Board. Mr. Wilson has spent the last eight years as an active investor and executive consultant. Mathew was previously a [...]
Latin American Minerals announces that it has closed the second tranche of its previously announced non-brokered private placement by issuing 1,508,333 units at a price of $0.12 per Unit for gross proceeds of $180,999.96. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share for a period of twenty-four (24 [...]
Latin American Minerals announces that it has closed the first tranche of its previously announced non-brokered private placement by issuing 12,445,167 units at a price of $0.12 per Unit for gross proceeds of $1,493,420.04. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share for a period of twenty-four (24 [...]
Latin American Minerals announces a non-brokered private placement of up to 13,333,333 units at a price of $0.12 per Unit for gross proceeds of up to $1,600,000. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of twenty-four (24) months from the closing of the Offering at a price of [...]
Latin American Minerals announces significant results from continued drilling on the Discovery Zone at its Paso Yobai gold project in Paraguay. In the first quarter of 2017, the Company focused drilling on the southern end of the Discovery Zone, in a stretch not previously drilled. Gold mineralization was returned in all reported holes, which were distributed over a 56 metre distance along the trend. Broad high-grade [...]
Latin American Minerals announces results from the first four drill holes of the 10,000 metre drill program at its Paso Yobai gold project in Paraguay. Trenching, drilling, open pit excavation and bulk sampling have intersected gold mineralization over the 3000 metre long Discovery Trend. Multiple ore shoots have been identified in this work. The present drilling was situated to test at depth the gold mineralization [...]
Toronto, Ontario / TheNewswire / September 19, 2016 - Latin American Minerals Inc. ("LAT" or the Company") (TSX-V: LAT) today announced that it has launched a 10,000 metre drill program to further explore the 6 prominent gold targets on its 15,020 hectare, Paso Yobai gold property in Paraguay. Six prominent gold targets 95sq km surface gold anomaly 18,000 point soil survey and 106 kms of CSAMT geophysics Extensive expert [...]
Toronto, Ontario / TheNewswire / September 15, 2016 - Latin American Minerals Inc. (TSXV: LAT) (the "Company") gives notice of accelerated expiry to the holders of 932,500 common share purchase warrants ("Warrants") of the Company which were issued pursuant to a private placement completed on April 8, 2016. Each Warrant is exercisable to purchase one common share of the Company at a price of $0.18 per common share until [...]
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