VANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") - (TSXV: LMS and OTCQB: LMSQF) is pleased to report receipt of high-grade surface sampling results from the partner-funded La Flora Project ("La Flora") in Santa Cruz Province, Argentina. Exploration completed by Daura Gold Corp. ("Daura") returned assays of up to 63.88 g/t gold and up to 175.34 g/t silver, further validating La Flora as a priority drill target within the broader Cerro Bayo–La Flora district (Figure 1).
The results confirm high-grade epithermal mineralization within the one-kilometre-long La Flora vein system and support the advancement of the target toward initial drilling as part of Daura's planned Phase II exploration program. La Flora forms part of a growing pipeline of targets being advanced across the Cerro Bayo–La Flora district under Latin Metals' prospect generator model.
Highlights Include
Surface sample grading up to 63.88 g/t gold and 175.34 g/t silver
Additional samples grading:
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6.17 g/t gold and 9.29 g/t silver
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4.77 g/t gold and 7.87 g/t silver
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4.72 g/t gold and 9.80 g/t silver
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3.26 g/t gold and 41.69 g/t silver
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Four mineralized veins identified within a 100-metre-wide vein array traced over 380 metres of strike
Vein array forms part of the approximately one-kilometre-long La Flora Vein System
Gold mineralization associated with arsenic, antimony and mercury, consistent with productive low-sulphidation epithermal systems in the Deseado Massif
Drill permit applications submitted in advance of planned Phase II drilling
Mark Sumner, Daura's CEO commented:
"Surface sampling at La Flora has delivered some very high-grade results in the past, so we're encouraged to see more high-grade samples, including visible gold, as we track these veins and refine our drill targeting for this exciting target. The La Flora vein system can be traced for over one kilometre and, within our current tenement position, comprises four veins within an approximately 100-metre-wide corridor. With high grades and visible gold at surface, it represents a compelling target for our planned Phase II drill campaign."
Keith Henderson, Latin Metals' Preesident & CEO commented:
"These results continue to demonstrate the exploration potential of the broader Cerro Bayo–La Flora district and validate the targeting work completed by Latin Metals. What is particularly encouraging is that high-grade mineralization has now been confirmed within a substantial vein system that remains untested by drilling.