Latin Metals Inc · TSXV:LMS
Latin Metals — Investor Presentation (March 2025)
24 slides from Latin Metals's investor presentation, March 2025
Slide 1: Cerro Bayo & La Flora Projects
TSX.V: LMS MARCH 2025 OTCQB: LMSQF Cerro Bayo & La Flora Projects
Slide 2: Summary
Summary • Cerro Bayo & La Flora projects located within the Deseado Massif – a prolific belt hosting more than 30 mines and exploration projects. Mineralization is hosted in epithermal silver and gold systems. • Since 1990, discoveries in the belt have included almost 600 million ounces of silver an
Slide 3: Exploration Belt
Exploration Belt Detail next slide • Cerro Bayo & La Flora located within the Deseado Massif – a prolific belt hosting more than 30 mines and exploration projects. • Mineralization is hosted in epithermal silver and gold systems. • Since 1990, discoveries in the belt have included almost 600 million
Slide 4: Silver & Gold Endowment
Silver & Gold Endowment • Cerro Negro Mine (Newmont 100%) • 7 million ounce gold equivalent • CAP Oeste Mine (Patagonia Gold 100%) • 1.8 million ounce gold equivalent • San Jose Mine (Hochshild 51%, McEwen Mining 49%) • 11 Moz silver equiv. produced and; • 64 Moz silver equiv. resource Lithology v v
Slide 5: Stratigraphy & Deposits
Stratigraphy & Deposits V V V V V V V V V Cerro Bayo Project Cenozoic Basaltic Volcanics V V V V V V V V V Cenozoic 50m V V V V V V V V V Cenozoic Volcaniclastic Bajo Grande Fm / Baquero / Chubut Cretaceous 50m Clastic Sedimentary Column Cerro Negro Mine Bx Verde Project Vn Bahia Laura Group: Rhyoli
Slide 6: Infrastructure
Infrastructure PERITO • The project is located in Santa Cruz MORENO province. Bajo Caracoles CERRRO BAYO • Road accessible year-round via Gobernador Gregores or Perito Moreno. & LA FLORA PUERTO DESEADO • Multiple ports located on east coast • Extensive power distribution network GOBERNADOR GREGORES
Slide 7: Property
Property La Flora • The property comprises a total of 28,397 hectares • Central portion of the property has been the focus of most exploration to date (13,465 hectares) • Property to north and south represents additional Cerro Bayo exploration upside Focus of • All tenure in good standing Exploratio
Slide 8: Lithology
Lithology • Detailed geological mapping completed across the 0 2km central portion of the property (scale 1:10,000) LA FLORA • The Bahia Laura Group has been divided in two formations (i) a lower spherulitic rhyolitic ignimbrite and (ii) an upper welded rhyolitic ignimbrite. • Rhyolitic domes and an
Slide 9: Alteration
Alteration 2km • Alteration mapping completed at 1:10,000 scale 0 • A total of 870 samples were analyzed using LA FLORA shortwave infrared (SWIR) instruments to supplement field observations • Illite is the principal argillic alteration mineral • Chlorite absorption index ranges 2250 to 2350 • White
Slide 10: Magnetic Survey
Magnetic Survey 2km • Magnetic survey completed over 102-line km 0 • 100m, 200m and 400m line spacing (variable across LA FLORA the property depending on prospectivity) • Magnetic survey results define property-scale structural setting CERRO BAYO Structural Model controlling emplacement of mineraliz
Slide 11: Chargeability
Chargeability 2km • Gradient survey over 133 linear km, in lines with N50E 0 direction LA FLORA • 250m line spacing & lengths between 380m to 7.9 kilometers. • High chargeability anomalies confirm correlation with outcropping sulfide content veins, These findings validate the regional continuity and
Slide 12: Resistivity
Resistivity 2km • Gradient survey over 133 linear km, in lines with 0 N50E direction LA FLORA • 250m line spacing & lengths between 380m to 7.9 kilometers. • High resistivity anomalies confirm the correlation with outcropping Silica rich veins, These findings validate the regional continuity and ext
Slide 13: Historical Drilling
Historical Drilling • Historical drilling has been carried out in our property, but assay information has not been public. 0 2km • Verde project (Pan American Silver), immediately to west was subject of news disseminated by Exeter Resources in 2006: LA FLORA • VRC-08: 2m @ 310g/t silver, 0.65 g/t go
Slide 14: Target Areas
Target Areas • Outcropping mineralization is hosted in veins and 0 2km hydrothermal breccias • Location of mineralization is controlled by a dextral FLORA structural system • 10 principal target area have been defined SASHA KUMI Structural Model INGRID controlling emplacement of SOFIA Mineralization
Slide 15: Geochemistry
Geochemistry Arsenic Mercury • 760 rock chip and 105 channel samples collected and analyzed • Arsenic and mercury anomalies are typically higher in epithermal systems, with silver and gold expected at depth • Gold and silver anomalies indicate high-grade mineralization may be proximal • From surface
Slide 16: Schematic Model
Schematic Model • Schematic section with location of the mapped veins and hydrothermal breccias • Blind paleosurfaces with potential high- grade mineralization are shown Potential paleosurface of mineralization Veins / Hydrothermal bx. Principal Structural corridors ``` ` 0 1km TSX.V: LMS 16 www.LAT
Slide 17: Lithology and Mineralization
Ignimbrite Volcanic-sedimentary Basaltic Andesite Sinter Lithology and Mineralization • Mineralization in the area is characterized predominantly by veins and veinlets composed mainly of silica. • Localized occurrences of goethite, hematite, and sulfides are also observed. In certain zones, the stru
Slide 18: Mineralization
Mineralization Sacha Target Eugenia Target Gabriela Julia / Elena Ingrid Target Lara Target Sofia Target Kumi Target hydrothermal opaline silica Target Target Bx/ veinlets Qz-Hem Silica Goethite Silica-Hem breccia with Hematite hydrothermal vein grading grading up to veinlets 81g/t veinlets , bx up
Slide 19: Ingrid - Giani Structures
Ingrid - Giani Structures • There are no historical drill holes in this area, only 4 RC 200 holes to the south where m veins are not mapped. N30 • Giani has been mapped for 1km • Ingrid has been mapped for 700m N345 N340 N355 <0.5 g/t Au <100 g/t Ag N320 0.51 - 1 g/t Au 101 - 200 g/t Ag N335 1.1 – 2
Slide 20: Gabriela - Jheny Zone
Gabriela - Jheny Zone 500m • There are no historical drill holes in this area. • Jheny has been followed for 1km • Gabriela has been mapped for 500m • Sulfides recognized <0.5 g/t Au <100 g/t Ag 0.51 - 1 g/t Au 101 - 200 g/t Ag 1.1 – 2.4 g/t Au 201 – 2230 g/t Ag Historical RC pad Interpreted Bx/ vei
Slide 21: Eugenia - Shania Zone
Eugenia - Shania Zone 300m • There are no historical drill holes in this area. • Eugenia has been mapped for 1km • Shania has been mapped for 1.5km • Sulfides recognized <0.5 g/t Au <100 g/t Ag N345 0.51 - 1 g/t Au 101 - 200 g/t Ag N345 1.1 – 2.4 g/t Au 201 – 2230 g/t Ag Historical RC pads N315 Inte
Slide 22: Flora – Mariluz Zone
Flora – Mariluz Zone • There are two RC historical holes in this area. • Flora has visible gold locally, related to 100m microcrystalline gray silica • Sulfides recognized 71 g/t Au 150 g/t Ag • Mapped extent of veins lost under Southern property boundary cover to the north and will require N180 dri
Slide 23: Scale Comparison
Scale Comparison CERRO BAYO DISTRICT KUMI • Comparing footprint of veins on the Cerro Negro mine and Cerro Bayo prospect at the same scale SASHA INGRID CERRO NEGRO DISTRICT SOFIA EUGENIA GABRIELA WEST GRABEN CENTRAL MARIANA GRABEN CERRO NEGRO HORST LARA JULIA - ELENA STELY EUREKA CERRO NEGRO Veins /
Slide 24: Recommended Exploration
Recommended Exploration • Project essentially drill ready, but additional exploration may be preferable prior to drill testing: • Inversion model of magnetic data • IP Survey covering the principal structural corridors (total 200-line-km line) • Trenching in the principal target areas (estimated 30