Categories: Base Metals / Precious Metals / Mining Stocks
Topics: General Base Metals / General Precious Metals / Gold Stocks / Copper Stocks

Latin Metals (TSX-V: LMS)(OTC: LMSQF) Director Elyssia Patterson on Advancing the Cerro Bayo Project for Drilling in Argentina

 

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the Director of Corporate Communications for Latin Metals (TSX-V: LMS)(OTC: LMSQF), Miss Elyssia Patterson. Elyssia, it's great to have you back on. I know you're fresh off of PDAC. How are you, and how was it?

Elyssia Patterson: You know what? I'm great. We just wrapped up PDAC where we saw strong interest in our exploration model and Cerro Bayo potential. I think investors are paying close attention to Argentina's mining sector, especially as Santa Cruz continues to deliver on both production and exploration success. So that was really exciting to be at PDAC and having those conversations.

Gerardo Del Real: Well, listen, Argentina is absolutely on fire right now, attracting foreign investment. And look, the regulatory framework of the country has improved drastically over the past several years. You have to, have to be excited about the prospects. We're seeing multiple partners, bringing in partners and drilling this year in a year where gold is at record highs, silver appears to be breaking out, copper appears to be breaking out. I know there's a lot of uncertainty right now with the tariff talk and the tit-for-tat and the back-and-forth that's going on, but that aside, commodities are behaving and trading really, really well. So I wanted to talk about Cerro Bayo in Santa Cruz, Argentina. You've identified some geophysical anomalies that I know aren't the most attractive of things to a lot of people, but they're really, really important in being able to interpret them to be able to really hone in on the drilling targets later this year. Can we talk about that project there?

Elyssia Patterson: Yes. It's really exciting because Latin Metals identified significant geophysical anomalies at our Cerro Bayo project. And these anomalies align with historical map mineralized structures, including targets outlined by Barrick Gold, which makes this particularly exciting, that it matches classic geophysical signatures seen in major gold and silver discoveries in the region. And they remain open to the northwest, meaning that there's a strong potential for expansion beyond what we've already identified. And with this proven district with high-grade discoveries, Santa Cruz hosts some of Argentina's most productive gold and silver mines, including Newmont's mine, which only sits 70 kilometers away from our project. So this reinforces, I think the scale and an opportunity, what we're looking at. And what you're saying about investment, from an investment standpoint, this project benefits from the location as it's in this mining-friendly province with already strong infrastructure and established operations. Santa Cruz accounts for 42% of Argentina's mineral exports with six operating gold and silver mines. So it has a workforce, the regulatory support to advance exploration in numerous different projects and companies.

Gerardo Del Real: How do you see... And we talked about this a little bit last time, we talked about it being a catalyst rich 2025, but what do you anticipate here between now and the end of the year? You have several projects, you have them in the right address, you have nearby infrastructure, you have a history of being able to attract major partners to come in and essentially give you shots on goal for a discovery. How do you see the rest of 2025 playing out?

Elyssia Patterson: Well, right now, we're waiting on a drill permit and we expect it to be, I would say, very shortly in this quarter. And once that's in place, the plan is to bring in an option partner to fund the next phase of work, the trenching, geophysical surveys, and initial drill testing. So we're taking a methodical approach to de-risking the project, as well as potentially positioning it for potential discovery.

Along with our other projects, we're waiting on partners, but also at the same time, we've had a lot of people come to our projects and we have boots on the ground and majors looking at us. And this is something, I have to say, that's a little bit different than the last few years. It's been quiet and now we're starting to see in the last few months, people are coming to us for our projects. They're starting to take interest again. And I think you're going to see from Latin Metals this year, you're going to see drilling on our projects, and you're going to see a lot more partners that we've optioned out our projects to. So I think that this year is a material year for material catalysts and it's going to be something interesting to watch.

Gerardo Del Real: Well, you have a tiny market cap, you have experienced leadership, you're in the right address there with Argentina, and you have a suite of projects that I think a lot, a lot of majors are likely behind the scenes competing for wanting to joint venture. I am really looking forward to exploration permits and I'm really, really looking forward to follow up geophysics and drilling. Anything else you'd like to add?

Elyssia Patterson: I think this is pretty... It's pretty good so far. Also, on this project alone, we recently... In November, we invested 71% ownership in the Cerro Bayo/La Flora project, solidifying our position as we want to focus on the technical story and delivering high quality exploration. So if you're looking for high potential gold and silver projects in a proven jurisdiction, I would say this is one to watch. And with Latin Metals, we have multiple different projects at different levels of exploration. So if you are an investor or want to get into something with gold, silver, Latin Metals has an opportunity to, in the next few years, to have multiple drilling campaigns going at any one time. So if you want to have an upside, I would say look at Latin Metals and put it on your watch list.

Gerardo Del Real: Well, we're seeing liquidity start to come back into the sector. I hope and think that's a trend that continues the rest of the year. Thank you so much, Elyssia, for coming on and then let's do it again soon. It sounds like we'll have plenty to chat about here in the coming quarters.

Elyssia Patterson: I hope so. And it's always a pleasure talking to you.

Gerardo Del Real: Thank you so much. Appreciate the time.

Elyssia Patterson: Thank you.

Click here to see more from Latin Metals

IMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.

Please do not rely on the information presented by Resource Stock Digest as personal investment advice.

If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.

The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.

Latin Metals has sponsored this report.

The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Resource Stock Digest nor any employee of Resource Stock Digest is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.

HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Latin Metals and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.

Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Latin Metals. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.

HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.

NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.

FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.