Latin Metals Inc. Expands Para Copper Project in Peru
In a significant development for the mining sector, Latin Metals Inc., a Vancouver-based mineral exploration company, has announced the expansion of its Para Copper Project in southern Peru. This strategic move, reported on August 13, 2025, marks a pivotal step in the company’s efforts to consolidate its position in the metals and mining industry.
Latin Metals Inc., listed on the TSX Venture Exchange, specializes in services such as diamond drilling, mapping, and rock sampling. The company’s recent acquisition of additional mineral rights contiguous to the Para project has expanded the project area to a total of 2,200 hectares. This expansion was achieved through the acquisition of 300 hectares for US$20,000, a move that secures coverage over key drill targets.
The Para Copper Project, now fully owned by Latin Metals through its subsidiary Zafiro Mining S.A.C., is strategically located in Peru’s Coastal Copper Belt. This region is known for its rich mineral deposits, making the project a potentially lucrative venture for the company. The acquisition not only completes the consolidation of the 100%-owned Para Project but also defines multiple high-priority porphyry copper drill targets.
Latin Metals has integrated exploration data purchased from Vale Exploration Peru, which conducted extensive groundwork between 2013-2017. This groundwork included geological mapping, geochemical sampling, and geophysical surveys, providing a solid foundation for the company’s exploration efforts. With the project area now fully secured, Latin Metals plans to initiate drill permitting and is actively seeking a partner to fund and advance the project.
The expansion of the Para Copper Project is a testament to Latin Metals Inc.’s strategic vision and commitment to growth in the metals and mining sector. As the company moves forward with its exploration plans, the mining community and investors will be watching closely to see how this project develops and contributes to the company’s overall success.
With a market capitalization of 25,602,127 CAD and a close price of 0.21 CAD as of August 11, 2025, Latin Metals Inc. continues to navigate the challenges and opportunities of the mining industry. The expansion of the Para Copper Project represents a significant milestone in the company’s journey, highlighting its potential for growth and its strategic approach to mineral exploration in Peru.