Cerro Bayo

Latin Metals Announces Closing of Private Placement for Gross Proceeds of $0.7 Million

Retrieved on: 
Tuesday, February 6, 2024
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The engagement of insiders in the Financing highlights their ongoing support and confidence in Latin Metals' strategic direction and exploration potential.

Key Points: 
  • The engagement of insiders in the Financing highlights their ongoing support and confidence in Latin Metals' strategic direction and exploration potential.
  • Generative work is at the core of Latin Metals’ process and, in a sense, is the most important step.
  • Companies or individuals holding projects in Peru or Argentina are invited to contact Latin Metals management via our website here .
  • Copper Project Portfolio , Peru: In addition to the Lacsha project, Latin Metals has a diverse portfolio of exploration projects in Peru.

Latin Metals Seeking Partners for Cerro Bayo Gold-Silver Project in Argentina and Lacsha Copper Project, Peru

Retrieved on: 
Friday, October 27, 2023
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VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements.
  • The Company operates with a Prospect Generator model whereby partners are secured under option agreements to fund drilling and advanced exploration.
  • Latin Metals’ Cerro Bayo property is a 28,000-hectare, drill-ready project where 8 drill target areas have been defined within a 6km wide trans-tensional basin.
  • The 100%-owned Lacsha Copper Project is located in the coastal porphyry belt in Peru, which hosts multiple copper-moly and copper-gold-moly porphyry deposits.

Latin Metals Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina

Retrieved on: 
Monday, June 19, 2023
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VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS, OTCQB: LMSQF) provides an update on exploration at the Cerro Bayo project (“Cerro Bayo” or the “Project”), located in the Deseado Massif, Santa Cruz Province, Argentina.

Key Points: 
  • VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS, OTCQB: LMSQF) provides an update on exploration at the Cerro Bayo project (“Cerro Bayo” or the “Project”), located in the Deseado Massif, Santa Cruz Province, Argentina.
  • Cerro Bayo is subject to an earn-in agreement (the “Earn-In Agreement”) with a wholly owned subsidiary of Barrick Gold Corporation (“Barrick”).
  • Under the terms of the Earn-In Agreement, Barrick has the right to acquire up to an 85% interest in the Project.
  • The exploration program is targeting potential bonanza grade gold and silver at 150m to 200m depth from palaeosurface.

Mandalay Resources Corporation Announces 2022 Fourth Quarter and Full-Year Production and Sales Results, Provides Guidance for 2023

Retrieved on: 
Friday, January 13, 2023
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TORONTO, Jan. 13, 2023 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.
  • Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and
    Full-year consolidated saleable gold equivalent sold was 106,094 ounces.
  • On a consolidated basis, Mandalay recorded its best month during 2022, in October with 10,553 saleable gold equivalent ounces produced.
  • Production at Björkdal was 10,256 ounces of gold in the fourth quarter of 2022 as compared to 11,190 ounces of gold in the fourth quarter of 2021.

Mandalay Resources Corporation Announces 2022 Fourth Quarter and Full-Year Production and Sales Results, Provides Guidance for 2023

Retrieved on: 
Friday, January 13, 2023
COVID, MND, Cerro Bayo, TSX, Cost, Silver, Quarter, Sale, The Company, Antimony, Gold, Ministry of Oil and Mineral Reserves (Syria), Palladium, Printed circuit board, Costerfield

TORONTO, Jan. 13, 2023 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.
  • Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and
    Full-year consolidated saleable gold equivalent sold was 106,094 ounces.
  • On a consolidated basis, Mandalay recorded its best month during 2022, in October with 10,553 saleable gold equivalent ounces produced.
  • Production at Björkdal was 10,256 ounces of gold in the fourth quarter of 2022 as compared to 11,190 ounces of gold in the fourth quarter of 2021.

Latin Metals Provides Update on Barrick Earn-In Agreement for Exploration Projects, Santa Cruz Province, Argentina

Retrieved on: 
Monday, March 7, 2022
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Latin Metals announces that it and Barrick have entered into an agreement with the underlying owner of the Properties as of February 25, 2022 (Effective Date).

Key Points: 
  • Latin Metals announces that it and Barrick have entered into an agreement with the underlying owner of the Properties as of February 25, 2022 (Effective Date).
  • Under the terms of the Earn-In Agreement, Barrick is now obligated to incur at least USD$1,000,000 in exploration expenditures on the Properties by the second anniversary of the Effective Date.
  • Latin Metals has now also received the US$150,000 cash payment from Barrick that was due on the Effective Date.
  • Under the terms of the Earn-In Agreement, Barrick has the right to acquire up to an 85% interest in the Properties.

Latin Metals and Barrick Gold Corporation Enter into Earn-In Agreement for Exploration Projects, Santa Cruz Province, Argentina

Retrieved on: 
Monday, February 7, 2022
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VANCOUVER, British Columbia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Latin Metals Inc. (Latin Metals or the Company) - (TSXV: LMS, OTCQB:LMSQF) announces that it has entered into an earn-in agreement (the Earn-In Agreement) with a wholly-owned subsidiary of Barrick Gold Corporation (Barrick) (TSX: ABX and NYSE: GOLD).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Latin Metals Inc. (Latin Metals or the Company) - (TSXV: LMS, OTCQB:LMSQF) announces that it has entered into an earn-in agreement (the Earn-In Agreement) with a wholly-owned subsidiary of Barrick Gold Corporation (Barrick) (TSX: ABX and NYSE: GOLD).
  • In the event that such agreement is not reached within 60 days of executing the Earn-In Agreement, Barrick may terminate the Earn-In Agreement immediately upon notice to Latin Metals.
  • Figure 1: Location of the Cerro Bayo, Cerro Bayo Sur, and La Flora properties, together
    with Latin Metals additional property interests in Santa Cruz.
  • If Barrick exercises the Second Option, the interests of the participants will be Barrick 85% and Latin Metals - 15%.

InvestmentPitch Media Video Discusses Newly TSXV-Listed Astra Exploration and its Gold-Silver Properties in Chile – Video Available on Investmentpitch.com

Retrieved on: 
Wednesday, February 2, 2022
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Vancouver-based Astra Exploration is engaged in the acquisition, exploration and development of epithermal gold-silver properties in Chile.

Key Points: 
  • Vancouver-based Astra Exploration is engaged in the acquisition, exploration and development of epithermal gold-silver properties in Chile.
  • A Media Snippet accompanying this announcement is available by clicking on the image or link below:
    For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.
  • The company is focussed on its flagship asset, the Pampa Paciencia Project, located in the Antofagasta Region of Chile.
  • Astra Exploration has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format and distributed.

ASTRA EXPLORATION BEGINS TRADING ON TSX VENTURE EXCHANGE AND INTRODUCES DRILL READY GOLD PORTFOLIO IN CHILE

Retrieved on: 
Monday, January 24, 2022
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Astra management believes these intercepts may be the discovery holes into mineralized shoots along the vein.

Key Points: 
  • Astra management believes these intercepts may be the discovery holes into mineralized shoots along the vein.
  • Pampa Paciencia is now a 3,840 hectare property and exploration by Astra in 2021 has defined a much larger vein field on the property.
  • Company geologists believe they represent excellent potential for additional veins beneath thin cover that have never been systematically explored.
  • Previous work has produced surface rock chip samples up to 93 g/t gold and 301 g/t silver (#187423) from the project.

Mandalay Resources Corporation Announces Production and Sales Results for the Fourth Quarter and Full-Year 2021, Provides Production and Cost Guidance for 2022

Retrieved on: 
Thursday, January 13, 2022
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TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2021 and provides production and cost guidance for 2022.

Key Points: 
  • TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2021 and provides production and cost guidance for 2022.
  • Production and Cost Guidance for Full-Year 2022:
    2022 consolidated production guidance of 118,000 130,000 ounces of gold equivalent produced at an expected cash cost of $700 $900 and all-in sustaining cost of $1,100 $1,300.
  • Dominic Duffy, President and CEO of Mandalay, commented:
    Mandalay Resources finished the year strongly with Costerfield achieving a historic high in quarterly saleable gold equivalent production with 19,507 ounces.
  • Production at Bjrkdal was 11,190 ounces of gold in the fourth quarter of 2021 as compared to 12,252 ounces of gold in the fourth quarter of 2020.