Latin Metals CEO Keith Henderson: We’re Drill Ready and Partner Ready by the End of 2021

TL;DR

Latin Metals utilizes a prospect generator model to locate and acquire high-quality base metal and precious metals projects. Their goal is to partner with major companies for funding and exploration, limiting shareholder dilution.

Transcript

welcome to inn ceo talks joining me today is keith henderson the president ceo and director of latin metals which trades on the tsx venture under the symbol lms keith has more than 25 years experience in the mineral exploration industry throughout africa europe and north and south america he has worked for anglo-american exploration in europe and n... Read More

Key Insights

• 👻 Latin Metals' prospect generator model reduces shareholder dilution and allows them to retain a minority interest in successful projects.
• ❓ The company has successfully secured partnerships with major companies like Newmont, Humana Gold, and Anglo Gold Ashanti.
• ✋ Their focus on Peru and Argentina, along with their technical expertise, gives them a competitive advantage in identifying potential high-quality projects.
• 😘 By acquiring projects through staking, Latin Metals can secure interests at a low cost and quickly advance exploration work.
• 🥺 Their strong team, led by Exploration Manager Eduardo Leon, plays a crucial role in identifying attractive targets and guiding the company's exploration efforts.
• 📽️ Latin Metals aims to provide consistent updates on their projects and secure additional partnerships to drive future growth.
• 😚 The company's limited trading float and close alignment of interests between management, the board, and shareholders bode well for the company's success.

Questions & Answers

Q: What is Latin Metals' prospect generator model?

Latin Metals' prospect generator model involves locating and acquiring high-quality base metal and precious metals projects, which are then advanced and funded by partner companies. This allows Latin Metals to limit shareholder dilution and retain a minority interest in any discoveries or royalties.

Q: Which countries does Latin Metals focus on for exploration?

Latin Metals primarily focuses on Peru and Argentina for exploration. They have acquired three large-scale properties in Peru and have a track record of success and contacts with decision-makers in Argentina.

Q: How does Latin Metals limit shareholder dilution?

Latin Metals limits shareholder dilution by securing non-dilutive investment through partner-funded exploration. Cash payments cover exploration costs, payments to vendors, and significant exploration dollars from partners. This reduces the need for share issuance, limiting dilution.

Q: What sets Latin Metals apart from other prospect generator companies?

Latin Metals' advantage lies in its technical expertise, exposure to multiple commodities and jurisdictions, and its ability to identify and secure high-quality projects. Their focus on Peru, where few companies are exploring, gives them a competitive advantage.

Summary & Key Takeaways

• Latin Metals is a mineral exploration company focused on finding and acquiring gold and copper projects in South America, particularly in Peru and Argentina.

• Their prospect generator model involves partnering with major companies to fund and explore projects, reducing shareholder dilution.

• They have successfully secured deals with companies like Newmont, Humana Gold, and Anglo Gold Ashanti, amounting to $21 million in non-dilutive investment.