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Management Routine +

Latin Explore Appoints Mike Basha as Interim CEO Advances Toward Q2 2026 Drilling at Para

By The Northwire Desk — AI Analysis Apr 01, 2026 · 09:01 LXE · 2.21 Latin Explore Inc.
LXE · Price

Executive Summary

  • Latin Explore Inc. appoints Mike Basha as interim President & Chief Executive Officer, bringing over 35 years of exploration leadership.
  • The board announces the resignation of former President & CEO Keturah Nathe.
  • Company outlines its upcoming Phase I drill program at the Para copper‑molybdenum porphyry project (2,500 m planned for Q3 2026) and signals intent to pursue acquisitions of advanced‑stage exploration assets.

Key Details

  • Interim CEO Appointment: Mike Basha, P.Eng., a veteran geologist/engineer with experience in Canada, the U.S., Europe, and South America, assumes interim President & CEO duties immediately.
  • Resignation: Keturah Nathe steps down as President, CEO, and director of Latin Explore.
  • Background of Mike Basha: Co‑discoverer of Hammerdown gold deposit (NL); founder/former CEO of Aurion Resources Ltd.; former VP Exploration at Cornerstone Resources Ltd., leading to its acquisition by SolGold plc for ~US$120 M.
  • Strategic Focus: Execution of an initial drill program in 2026 on the Para project; exploration of potential acquisitions to expand the pipeline.
  • Para Project Drill Program (Phase I): Planned 2,500 m of diamond drilling targeting core geophysical and geochemical anomalies; expected completion in Q3 2026.
  • Regulatory Status: Peruvian authorities have approved a drill‑permit application under the compressed FTA process, covering up to 20 drill pads; environmental baseline monitoring completed.
  • Project Pipeline – Auquis: 4,600‑ha land package with porphyry copper‑molybdenum (Rose Zone) and polymetallic skarn (Blanco Zone); remains undrilled and slated for future exploration.
  • Qualified Person: Eduardo Leon, QP, has reviewed and approved the scientific and technical information disclosed.

Notable Quotes

“Latin Explore is built around a clear objective to test large‑scale systems capable of delivering meaningful discovery… we are focused on executing an initial drill program in 2026,” – Mike Basha, Interim President & CEO.

Read the original news release →

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