Latin American Minerals Announces Drill Results

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[{"type":"text","content":"Latin American Minerals Announces Drill Results(via TheNewswire)\n\n \nToronto, Ontario / TheNewswire / July 3, 2018 - Latin American Minerals Inc. (TSXV: LAT) (the \"Company\") is pleased to announce assay results from the 2018 exploration drill program at its Paso Yobai gold project in Paraguay. The program comprised of 24 holes totaling 5,400m at the Tacuru, Tacuru North and Moroti exploration targets. \n\n \n \nThe Tacuru exploration target was first drilled in 2012 and the Company intersected 107.7 g/t gold over 3 metres at 80m depth in hole LAT-BT-008. The high-grade gold interval was hosted within a silicified zone in the sediments which displayed a texture of bladed quartz-carbonate. The primary goal of the 2018 drilling was to locate and determine an orientation to the silicified zone, which may be the feeder to the gold identified in drilling and in soil samples at the site.\n\n \n \nThe silicified zone was intersected in hole LAT-18-019 at a depth of approximately 170 metres and subsequently intersected in follow up holes LAT-18-020 through LAT-18-024. Initial assays demonstrate that the zone is mineralized with anomalous gold and appears to be relatively steeply dipping. Textures of the quartz mineralization, such as banded coliform and bladed, along with a non-existent sulphide content suggest the makings of a low sulphidation epithermal system. The Company has interpreted results to date as intersecting the upper portion of the system and the more prospective high-grade gold part of the system may be below.\n\n \n \nHoles along the western and northern periphery of the Tacuru target, LAT-18-012/14/16 intersected a gold zone at surface of up to 16 metres thick and grading 0.95 g/t gold (see Table 1 below for all results). Multiple narrow gold horizons were intersected in all holes and these horizons are interpreted to be flat to shallow dipping veins which splay off of the main feeder system. \n\n \n \nThe Tacuru North target drilling intersected a gold zone at surface in holes LAT-18-007/010/011/017/018 of up to 8.5 metres grading 0.52 g/t gold. The mineralization is interpreted to be part of the same near surface gold at the Tacuru target approximately 200 metres to the south-east. All holes intersected multiple horizons of intrusive mafic volcanics in sills within sandstone. The mafic intrusives are significant h...

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