Latin Metals Inc. (CVE:LMS) (OTCMKTS:LMSQF) 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. Latin Metals has recently concluded deals to option out exploration properties to a wholly-owned subsidiary of AngloGold Ashanti, a wholly-owned subsidiary of Barrick Gold Corporation, and Libero Copper.
