Santa Cruz: Gold Discovery Reported at La Flora Project

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**.