Rights Secured To the Malena VI Mining Property

VANCOUVER – Latin Metals Inc. reported that following an application submitted to the mining authorities in Salta Province, the Company has secured rights to the 1,032-hectare Malena VI mining property. Malena VI is contiguous with the existing Organullo gold project and will form part of the properties included in an existing option agreement with AngloGold Argentina Exploraciones S.A., a wholly owned subsidiary of AngloGold Ashanti plc. (NYSE: AU) under the terms of which AngloGold Ashanti has an option to earn up to an 80% interest in the Company’s Organullo, Ana Maria, and Trigal Gold projects.
“This acquisition provides a meaningful addition to the Organullo gold exploration project, extending the prospective northeast-southwest structural corridor by nearly 4km toward the southwest,” stated Keith Henderson, President & CEO. “This expansion opens new opportunities for additional target generation in close proximity to already-established targets.”