Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

AngloGold Ashanti to Commence Drilling at Organullo Gold Project, Salta Province, Argentina

By The Northwire Desk — AI Analysis Sep 29, 2025 · 08:29 LMS · 0.185 Latin Metals Inc.
LMS · Price

Executive Summary

  • AngloGold Ashanti will commence a Phase I drill program on Latin Metals’ Organullo Gold Project in Salta Province, Argentina.
  • The program consists of 10 drill holes totaling ~6,000 m, with first results expected in Q1 2026.
  • Latin Metals also secured mining rights to the adjacent Malena VII property, expanding the land package included in the existing AngloGold Ashanti option agreement.

Key Details

  • Drilling Scope: 10 holes, approx. 6,000 m of core drilling targeting three newly identified advanced argillic alteration zones along a 6 km strike length.
  • Timeline: Drilling to begin shortly after announcement; first assay results anticipated in the first quarter of 2026.
  • Option Agreement: AngloGold Ashanti holds an option to earn up to an 80% interest in the Organullo, Ana Maria, and Trigal projects.
  • Project Context: The target area is analogized to the multi‑million‑ounce Salares Norte discovery (3.4 Moz @ 5.36 g/t Au).
  • Malena VII Acquisition: Rights secured for the Malena VII property, contiguous with previously acquired Malena VI and the Organullo project; will be incorporated into the existing AngloGold Ashanti option.
  • Qualified Person: Eduardo Leon, QP (NI 43‑101), reviewed and approved the technical information disclosed.

Notable Quotes

“Organullo is one of the most compelling untested gold exploration targets in South America… this drill program will provide the first real test of this potentially large‑scale gold system.” – Keith Henderson, President & CEO, Latin Metals

Read the original news release →

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