$80 Million in Partner Funding, But How Much Upside Do Shareholders Keep? | Latin Metals Interview

Why It Matters

Heavy partner funding and multiple option agreements de‑risk capital requirements and can deliver near‑term drill catalysts without major dilution; successful deals or positive drill results could materially re‑rate a small‑cap explorer.

Summary

Latin Metals (TSXV: LMS) has shifted focus to Argentina where partner-funded programs are accelerating exploration: Dora Gold completed an 1,850m, 18-hole diamond drill campaign at the Sarabio project with assays showing narrow high‑grade gold and silver shoots, while Anglo returned the Organullo project to Latin Metals after spending US$3.3m and Organullo now has a fresh drill permit. The company also has a copper option at Zaha with Moxico Resources targeting up to 15,000m once permits clear, and early work has restarted at Ventana North. Management says most projects will be optioned to partners by year-end, leaving Latin Metals to capture upside with limited near‑term capital outlay; the firm carries a ~US$32m market cap and notable warrant/option overhang.

Original Description

❗LATIN METALS HAS PAID FOR THIS VIDEO. Terrahutton doesn't only make the invisible, investable, they also sponsored this video, making it free of YouTube ads: https://www.terrahutton.io/.

Viewers are encouraged to understand that Resource Talks is a business that creates and publishes video interviews in exchange for monetary compensation. This means that there will always be a conflict of interest with the interviewees which means you can never rely on anything said herein.

Watch all Latin Metals CEO Interviews here: https://www.youtube.com/playlist?list=PLUxgfzcPuWKuvxKGrAla9CD6eHud5aOYp

By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.

In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.

The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.

By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.

Nobody involved in the production of this publication is a licensed investment advisor.

The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.

No recommendations are being made to buy or sell any securities in this video.

The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it.

The minimum risk on anything mentioned in this publication is 100% loss of capital.

Read official company filings on www.SedarPlus.ca.

Timestamps:

00:00:00 Chapters

00:00:13 Very Important Warning

00:01:04 Latin Metals Company Overview

00:05:04 What has Latin Metals done since October?

00:07:42 Why did AngloGold walk away from Organullo?

00:16:58 Why not just drill Organullo themselves?

00:18:15 How will Latin Metals pick the next Organullo partner?

00:19:40 What community work is still needed at Organullo?

00:20:29 Why spin out instead of option the Peruvian projects?

00:26:11 Will the last Peruvian project get optioned this year?

00:28:58 Is the Spinco's current CEO here to stay?

00:29:26 How will the Spinco avoid disappointing?

00:32:53 Whats is Moxico doing at Zaha?

00:37:41 Why does hiring Dick Sillitoe matter for Zaha?

00:39:42 Where is Moxico drilling first at Zaha?

00:40:12 Is Zaha fully permitted?

00:42:17 Is Moxico committed to 15,000 meters?

00:43:13 What deposit size counts as success at Zaha?

00:44:01 When could the first Zaha assays come out?

00:44:34 Why did Barrick leave Cerro Bayo?

00:48:15 What are the Daura Gold deal terms?

00:52:20 When is the next batch of Cerro Bayo assays coming?

00:53:39 Could Daura Gold walk away after the first results?

00:54:55 Were the first Cerro Bayo results a technical success?

00:55:30 What deposit size are they chasing at Cerro Bayo?

00:59:13 What grade and tonnage makes Cerro Bayo viable?

01:00:19 When must Daura Gold deliver a resource estimate?

01:01:27 Why did Latin Metals start work at Ventana North now?

01:07:00 Why has Ventana North never been explored before?

01:09:11 Would Latin Metals do more work?

01:10:46 What other portfolio projects stand out?

01:13:48 Is Latin Metals looking to add more projects?

01:15:01 How much will partners spend in total this year?

01:16:00 How much cash does Latin Metals have?

01:18:14 Will Latin Metals sell its marketable securities?

01:20:24 What keeps the CEO up at night?

01:24:03 What is the marketing plan for the rest of the year?

01:26:38 Catalyst Calendar

01:31:10 Very Important Warning DO NOT SKIP

This is a Latin Metals interview with CEO Keith Henderson.