Business
Ellis Martin Report: Latin Metals Inc. (LMSQF) Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina
Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Elyssia Patt...
About this update from Latin Metals Inc
[{"type":"text","content":"Ellis Martin Report: Latin Metals Inc. (LMSQF) Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina\n \n Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Elyssia Patterson, Director of Corporate Communications for Latin Metals Inc. (CVE:LMS) (OTCMKTS:LMSQF) as we discuss the latest news release.\n \n \n Latin Metals Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina.\n \n \n Latin Metals Inc. provides an update on exploration at the Cerro Bayo project, located in the Deseado Massif, Santa Cruz Province, Argentina. Cerro Bayo is subject to an earn-in agreement with a wholly owned subsidiary of Barrick Gold Corporation. Under the terms of the Earn-In Agreement, Barrick has the right to acquire up to an 85% interest in the Project.\n \n \n Exploration Update & Planned Work\n \n \n Exploration completed by Barrick in the first year of the Earn-In Agreement has identified a preserved low sulphidation epithermal system and included:\n \n \n - Geological and alteration mapping\n \n - Structural mapping\n \n - 1,000 line-km ground magnetic survey\n \n - 759 rock chip samples\n \n - 100 rock channel samples\n \n \n Structural mapping is key with identification of west-northwest to northwest trending structures that are believed to control mineralization in the area. These faults define an extensional basin which is approximately 6km wide. Rock sampling identified mineralization up to approximately 2 g/t gold. The exploration program is targeting potential bonanza grade gold and silver at 150m to 200m depth from palaeosurface.\n \n \n The project holds an environmental permit for prospecting activities, which allows for surface work (excluding trenches). Barrick is evaluating additional exploration work that may include:\n \n \n - Gradient array induced polarization (IP) for approximately 90 line-kms.\n \n - Deep CSAMT geophysical survey (single 6km line).\n \n - 30 to 40 trenches of 200m to 400m in length for approximately 10,000m of trench in total. The program would generate approximately 2,500 samples crossing all of the vein zones identified to date.\n \n \n To listen to the Interview, please visit:\n \n https://www.abnnewswire.net/lnk/22YPF1CD\n \n \n \n \n \n About Latin Metals Inc.:\n \n \n \n Latin Metals Inc. (CVE:LMS) (OT...