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AngloGold Ashanti to Commence Drilling at Organullo Gold Project, Salta Province, Argentina
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. (" Latin ...
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[{"type":"text","content":"AngloGold Ashanti to Commence Drilling at Organullo Gold Project, Salta Province, Argentina\n\n\n\n VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) --\n \n Latin Metals Inc.\n \n (\"\n \n Latin Metals\n \n \" or the \"\n \n Company\n \n \") -\n \n (TSXV: LMS)\n \n\n (OTCQB: LMSQF)\n \n is pleased to announce that AngloGold Argentina Exploraciones S.A. (\"\n \n AngloGold Ashanti\n \n \"), a wholly owned subsidiary of AngloGold Ashanti plc (NYSE: AU) plans to begin drilling at the Organullo Gold Project (\"\n \n Organullo\n \n \" or the (\"\n \n Project\n \n \"), in Salta Province, Argentina.   AngloGold Ashanti has an option (the \"\n \n Option\n \n \") to earn up to an 80% interest in the Company’s Organullo, Ana Maria, and Trigal Gold projects. This Phase I program will consist of 10 drill holes and approximately 6,000m. The Company expects first drill results to be available in Q1 2026 (\n \n Figure 1\n \n ).\n \n\n Keith Henderson, President & CEO of Latin Metals, commented “Organullo is one of the most compelling untested gold exploration targets in South America and a high priority greenfields exploration project for AngloGold Ashanti. We are pleased to see AngloGold Ashanti moving the project into the drilling phase, which represents a significant milestone for the Project and for Latin Metals shareholders. This drill program will provide the first real test of this potentially large-scale gold system.”\n \n\n\n\n\n\n\n\n Figure 1: Organullo project highlighting AngloGold Ashanti’s three target areas,\n \n\n\n\n\n permitted drill holes, historical drill holes, and the recently acquired Malena VII property.\n \n\n\n\n\n\n AngloGold Ashanti Planned Drilling\n \n\n\n\n AngloGold Ashanti is targeting a multi-million-ounce, Tier 1 discovery using Salares Norte as a technical analogy (\n \n Gold Fields\n \n Limited, proven and probable reserve (2024); 3.4Moz grading 5.36 g/t gold). Three previously unexplored, advanced argillic alteration zones have been identified for initial testing, along a 6km-long strike length. District-scale geophysical anomalies, structural interpretation, surface geochemical data and hyperspectral data further support the potential for discovery of gold mineralization.\n \n\n Readers are cautioned that the Salares Norte gold deposit a...