Latin American Minerals is pleased to announce assay results from the 2018 exploration drill program at its Paso Yobai gold project in Paraguay. The program comprised of 24 holes totaling 5,400m at the Tacuru, Tacuru North and Moroti exploration targets. The Tacuru exploration target was first drilled in 2012 and the Company intersected 107.7 g/t gold over 3 metres at 80m depth in hole LAT-BT-008. The high-grade gold [...]
Latin American Minerals Inc. announces that it has closed its previously announced non-brokered private placement by issuing 13,844,000 units at a price of $0.05 per Unit for gross proceeds of $692,200 . Each Unit is comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of two years from the closing of the [...]
Latin American Minerals announces a non-brokered private placement of up to 12,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $600,000. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share for a period of 24 months from the closing of the Offering at a price of $0.10 per Common [...]
Latin American Minerals is pleased to announce an update on its drilling activity at its Paso Yobai Gold Project. The company has two rigs operating and has completed 11 drill holes for a total of approximately 4000m. 10 of these holes are either currently in the assay lab or in transit to the lab in Mendoza. The company to date has tested 4 targets and has recently begun to focus on the central area of the Tacuru gold [...]
Latin American Minerals is pleased to announce the commencement of its 2018 regional exploration drill program at its Paso Yobai Gold Project. Drilling has started at the extensive gold-in-soil Tacuru target. In addition to the Tacuru target, the Company will aim to drill 10 additional new targets and systematically test for gold rich feeders and roots to the extensive surface gold mineralization. The 2018 drill program [...]
Latin American Minerals announces that it has granted an aggregate of 4,950,000 options to purchase common shares of the Company exercisable at a price of $0.13 per common share for a period of 5 years to directors, officers and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. About the Company Latin American[...]
Latin American Minerals Inc. announces that it has closed the third and final tranche of its previously announced non-brokered private placement through the issuance 1,333,334 units at a price of $0.075 per Unit for gross proceeds of $100,000 . The aggregate gross proceeds raised pursuant to the Offering was $2,250,000 through the issuance of an aggregate of 30,000,000 Units. Each Unit is comprised of one common share of [...]
Latin American Minerals announces that it has closed the second tranche of its previously announced non-brokered private placement through the issuance 14,619,999 units at a price of $0.075 per Unit for gross proceeds of $1,096,499.97. The aggregate gross proceeds raised pursuant to the Offering was $2,150,000 through the issuance of an aggregate of 28,666,666 Units. Each Unit is comprised of one common share of the [...]
Latin American Minerals Inc. announces, further to its November 13, 2017 press release, an increase to the size of its non-brokered private placement by $500,000 for aggregate gross proceeds of up to $2,000,000 . The Offering will now be up to 26,666,666 units at a price of $0.075 per Unit. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder [...]
Latin American Minerals announces that it has closed the first tranche of its previously announced non-brokered private placement through the issuance 14,046,667 units at a price of $0.075 per Unit for gross proceeds of $1,053,500.03 . Each Unit is comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of five [...]
Latin American Minerals announces a non-brokered private placement of up to 20,000,000 units at a price of $0.075 per Unit for gross proceeds of up to $1,500,000 . Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share for a period of sixty months from the closing of the Offering at a price of $0.10 [...]
Latin American Minerals is pleased to announce the addition of Jeremy Niemi as a technical advisor. Mr. Niemi is a geologist with 20 years of experience in the resource industry, both at corporate and operational levels. Mr. Niemi was previously the Vice President, Exploration for GoldQuest Corporation. During his tenure at GoldQuest, Mr. Niemi led the advancement of the Romero project from an initial inferred resource of [...]