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Daura Gold Commences Exploration at Latin Metals' Cerro Bayo Project, Santa Cruz Province, Argentina
VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. (" Latin Metal...
About this update from Latin Metals Inc
[{"type":"text","content":"Daura Gold Commences Exploration at Latin Metals’ Cerro Bayo Project, Santa Cruz Province, ArgentinaAnnounces $1.79 Million Option and Warrant Exercise\nVANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. (\"Latin Metals\" or the \"Company\") (TSXV: LMS) (OTCQB: LMSQF) reports that option partner Daura Gold Corp. (\"Daura\") (TSXV: DGC) has commenced induced polarization (\"IP\") geophysical surveying across the Cerro Bayo gold-silver project (the \"Project\") (Figure 1) in the Deseado Massif, Santa Cruz Province, Argentina. Daura has an option (the \"Option\") to earn up to 80% interest in the Project (see previous news release dated November 3, 2025), and the geophysical work forms part of Daura’s initial commitments under the Option. Program Highlights Pole–Dipole IP profiling and gradient array surveys underway across priority structural corridors.IP will refine nine high-priority, fully permitted drill target areas previously defined through geochemistry, mapping, IP, and >100 line-km of magnetics.Drilling preparation ongoing; Daura is preparing for a 1,500-meter initial drill program beginning in early 2026. Advancing a Fully Permitted, High-Grade System Cerro Bayo is fully drill-permitted following the approval of the Environmental Impact Assessment (\"EIA\") (Informe de Impacto Ambiental Etapa de Exploracion Cerro Bayo), in March 2025, authorizing 21 drill platforms. Previous work, including mapping, rock sampling, and a detailed magnetic survey — has defined a 6-kilometre-wide structural basin with multiple low-sulfidation epithermal vein targets. Daura’s current IP work is designed to refine the geometry of silicified and resistive zones identified in earlier surveys, providing improved resolution ahead of drilling. These features are consistent with preserved upper levels of a low-sulfidation epithermal system, similar to those hosting high-grade deposits elsewhere in the Deseado Massif. Keith Henderson, President & CEO, commented:\"Our partnership with Daura Gold continues to advance Cerro Bayo. Geophysical surveying marks the next step toward early-2026 drilling and reinforces the strength of our prospect generator strategy. We are pleased to see rapid progress toward testing these high-grade epithermal targets while preserving shareholder v...