Latin Metals has 100% interest in the Lacsha Copper project within the Coastal Copper Belt in Peru. The 4,000-hectare copper-molybdenum porphyry project has community agreements in place and is permitted for drilling. Surface exploration has led to the discovery of multiple mineralized zones with consistent copper mineralization.
The company has secured a drill permit allowing the construction of access roads and 20 drill pads. Up to 43 drill holes can be completed to depths of 1000m. The project is contiguous with Newmont's Sumacwayra copper-molybdenum discovery, located north on the same regional structure.
Rock chip sampling confirmed significant copper and molybdenum values at surface, including 52m grading at 0.38% copper. An IP survey is underway to define drill targets. The project is located in the Coastal Copper Belt, known for various deposit types.
Surface lithology, structure, geochemistry, magnetic data and induced polarization data (IP) data at Lacsha are consistent with porphyry-related sulphide mineralization and strengthen a series of compelling drill targets:
Integration of surface geochemistry with geophysics is a critical step in exploration:
Latin Metals aims to secure funding for drill testing priority targets and further explore the potential of the Lacsha Copper project.