Slide 1: Organullo Project
TSX.V: LMS November 2025 OTCQB: LMSQF ORGANULLO PROJECT
Slide 2: Forward-Looking and Cautionary Statements
Forward-Looking and Cautionary Statements Forward Looking and Cautionary Statements This presentation contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation, including
Slide 3: Highlights
Highlights • Regional structural setting at intersection of two continental-scale structural lineaments • In 2012, GeoRes (Australia) modeled target range of 600,000oz @ 0.94 g/t gold and 940,000 oz @ 0.92 g/t gold (using a 0.5 g/t COG) at the Julio Verne target • Previously partnered with AngloGold
Slide 4: Latin Metals in NW Argentina
Latin Metals in NW Argentina 90km • Latin Metals currently holds a portfolio of CROSBY exploration projects situated within the favorable jurisdictions of Salta and Jujuy in PIRQUITAS northwest Argentina. • The Organullo project is Latin Metals’ most advanced exploration asset AGUILAR TERRAZA EL QUE
Slide 5: Exploration History
Exploration History Tenure holder Year Work Completed • Historically, the project has undergone Unknown 1930’s Julio Verne Mine multiple exploration campaigns, primarily Fabricaciones Militares 1969 - 1974 Reconnaissance geology, geochemistry in the 1990s, including a drill programs Cities Service C
Slide 6: Location
Location • The intersection of major structural corridors in the northern Chile-Argentina region, which host significant gold deposits, provides an exceptional environment for exploration initiatives. • Specifically, the Organullo project benefits from its location at the convergence of the ESCONDID
Slide 7: Geology
Geology • Organullo is hosted in the mid-Miocene 2 km sequence of intermediate to felsic lithic tuffs and ignimbrites. • The volcanics sit within a north-northeast trending graben structure upon basement units of Ediacaran metasediments, Palaeozoic granite and Cretaceous red beds. • Post-mineral bio
Slide 8: Schematic Section
Schematic Section Quaternary Alluvium / surficial gravels 2km Undifferentiated volcanics Biotite Andesite Lithic tuff – Advance Argillic alteration Miocene Lithic tuff Blue dacite – Hydrothermal alteration Blue dacite Cretaceous Red Beds Paleozoic Puscoviscana Fm Oire granite ANGLOGOLD A B HIGH-SULP
Slide 9: Terraspec
Terraspec • The presence of Na-alunite and dickite serves 2 km as a compelling indicator of a higher temperature zone. • These minerals are commonly associated with advanced argillic alteration, a process indicative of hydrothermal activity characterized by relatively acidic conditions and elevated
Slide 10: Hyperspectral
Hyperspectral 2 km • In pink tones, Advanced – Argillic alteration a very ubiquitous characteristic in high sulphidation epithermal systems and porphyry lithocap environment. JULIO VERNE MINE ACID ALOH weak ALOH Strong TSX.V: LMS 10 www.LATIN-METALS.com
Slide 11: Magnetometry
Magnetometry • A series of significant magnetic 2 km anomalies, displaying both pronounced highs and lows. • AngloGold airborne magnetic survey identified a north- northeast trending graben, which is coincident with high temperature alteration (previous slide). • These complex anomalies are tentativ
Slide 12: Rock Sampling - Gold
Rock Sampling - Gold • The expectation of diminished gold concentrations in this shallow epithermal 2 km setting stems from the characteristic vertical zonation observed within these hydrothermal systems. • Gold, along with other precious metals, tends to precipitate at greater depths within the epi
Slide 13: Rock Sampling - Silver
Rock Sampling - Silver • The expectation of diminished silver concentrations in this shallow epithermal 2 km setting stems from the characteristic vertical zonation observed within these hydrothermal systems. • Silver, along with other precious metals, tends to precipitate at greater depths within t
Slide 14: Rock Sampling - Arsenic
Rock Sampling - Arsenic • Elevated arsenic concentrations demonstrate a strong correlation with 2 km structural features, suggesting their role as conduits for hydrothermal fluids. • This association implies a potential link between arsenic pathways and the deposition of precious metals within the s
Slide 15: Rock Sampling - Selenium
Rock Sampling - Selenium • Selenium tends to have very low values in a volcanic environment. 2 km • Higher anomalous values of selenium serve as key indicator of high temperature hydrothermal activity, particularly in volcanic and magmatic-hydrothermal systems. SELENIUM VALUES G/T < 0.25 0.26 -0.50
Slide 16: Rock Sampling - Copper
Rock Sampling - Copper • Anomalous coper values for a volcanic environment has been recognized in the 2 km southeastern part of the property. • Large magnetic low interpreted to be porphyry-related, but never sampled at surface COPPER VALUES ppm < 25 26 -50 51 – 100 101 – 4140 TSX.V: LMS 16 www.LATI
Slide 17: Drill Targets
Drill Targets • Historical drilling within the Mina Julio Verne target area; 2 km – comprising 10,979 meters across 28 diamond drill holes and 30 reverse circulation holes, – provides a foundational understanding of the subsurface geology. JULIO VERNE • In 2025, a revised geoscientific MINE interpre
Slide 18: Drill Target - Nemo Area
Drill Target - Nemo Area A B • Advanced argillic alteration over a strike length of 1600 m x 600 m • Biotite andesite lies unconformably over altered lithic tuff 4,200m AA 4,000m 150 m Alluvium / Undifferentiated volcanics Blue dacite – Hydrothermal alteration surficial gravels Biotite Andesite 500
Slide 19: Drill Target - Nemo Area
Drill Target -Nemo Area Hypogene alunite vein hosted in rhyodacite Hydrothermal breccia with strong/pervasive lithic tuff quartz-alunite-clay alteration. TSX.V: LMS 19 www.LATIN-METALS.com
Slide 20: Drill Target - Axel Area
Drill Target - Axel Area • Advanced argillic alteration over a strike length of 2,000m x 750 m • Exposed width <250m but open under gravels to the west • Adjacent to Medial Fault, with several biotite andesite dykes mapped 4,400m AA Vuggy Silica target 4,200m 200 m Alluvium / Undifferentiated volcan
Slide 21: Drill Target - Axel Area
Drill Target - Axel Area Hydrothermal breccia (monomict – crackle type) with strong/pervasive quartz-alunite alteration TSX.V: LMS 21 www.LATIN-METALS.com
Slide 22: Drill Target - Breccia Hill Area
Drill Target - Breccia Hill Area • Alteration clearly is open to the west under cover • 1,600 x 600m advanced argillic footprint • Biotite andesite lies unconformably over altered lithic tuff • Alteration open to the west under biotite andesite cover 4,300m 4,200m 100 m Alluvium / Undifferentiated v
Slide 23: Drill Target - Breccia Hill Area
Drill Target - Breccia Hill Area Hydrothermal breccia with strong/pervasive quartz-alunite alteration. Locally vuggy silica clasts. TSX.V: LMS 23 www.LATIN-METALS.com
Slide 24: Summary
Summary • Regional structural setting at intersection of two continental-scale structural lineaments • In 2012, GeoRes (Australia) modeled target range of 600,000oz @ 0.94 g/t gold and 940,000 oz @ 0.92 g/t gold (using a 0.5 g/t COG) at the Julio Verne target • Previously partnered with AngloGold As