Latin Metals Reports High-Grade Gold Results at La Flora

Latin Metals Inc. reported high-grade surface sampling results from its La Flora Project in Argentina, with assays reaching up to 63.88 g/t gold and 175.34 g/t silver. The La Flora vein system is approximately one kilometre long, featuring a four-vein array traced over 380 metres of strike within a 100-metre-wide corridor, consistent with low-sulphidation epithermal mineralization.

Partner Daura Gold Corp. has submitted drill permit applications for Phase II drilling planned for Q3 2026, which will include initial testing of La Flora and follow-up drilling at Cerro Bayo.

The company granted 400,000 common share stock options to directors, officers, and consultants at an exercise price of $0.19 per share, expiring in 36 months. Additionally, Latin Metals engaged ICP Securities Inc. for automated market making services starting July 1, 2026, at a fee of C$7,500 per month.

Latin Metals Inc. (LMS) released an expected exploration update following the Phase I drill results at Cerro Bayo, which were published in May 2026. Surface sampling at La Flora has validated the geological targeting and provides a clear rationale for the upcoming Phase II drill program.

The update aligns with the previously announced exploration timeline and partner-funded model. No new financial commitments, financing, or major partnership changes were disclosed. The primary impact is maintaining the exploration catalyst pipeline.

Latin Metals Inc. (LMS) operates as a prospect generator focused on precious and base metals in South America, primarily Argentina and Peru. The company’s model relies on partner-funded exploration to minimize shareholder dilution while retaining upside exposure.

Flagship projects include Cerro Bayo and La Flora, both gold-silver assets optioned to Daura Gold, and Zaha, a copper-gold project optioned to Moxico Resources. The company also holds 100% ownership of the Organullo gold project and a approximately 500,000-hectare sediment-hosted copper land package in northwest Argentina. Additionally, the company recently completed the spin-out of its Para and Auquis copper projects into Latin Explore Inc., which operates as a separate, self-funded exploration vehicle.