Junior mining company Latin Metals Inc. has reported positive exploration results at the La Flora Project, located within the Cerro Bayo district in Santa Cruz Province.
By Panorama Minero
During the recent sampling campaign, visible gold was identified in two outcropping structures within the exploration area. Laboratory analyses returned values of up to 82 g/t gold and 1,239 g/t silver, confirming the high mineral potential of the sector.
The Cerro Bayo district lies within the Deseado Massif geological province, one of Argentina’s richest areas for precious metals. The region has a significant history of mining activity, hosting high-grade gold and silver deposits associated with epithermal systems.
Exploration efforts at Cerro Bayo have been supported by historical data collected by companies such as Barrick Gold. In 2024, Latin Metals expanded its geological reconnaissance to include the La Flora Project, using Barrick’s data to refine the geological interpretation of the area.
According to the company's statement, Latin Metals has completed all required work to obtain exploration and drilling permits in the area. The company expects government approval in Q1 2025, which will allow for expanded exploration efforts and a more precise understanding of the project's geology.
Latin Metals will present updates on its mining projects in Argentina and Peru at the PDAC 2025 convention, taking place in Toronto from March 2-5.
