Plata Latina Announces Fresnillo to Purchase Naranjillo NSR FOR $8,610,000

NEWS RELEASE

PLATA LATINA ANNOUNCES FRESNILLO TO PURCHASE NARANJILLO

NSR FOR $8,610,000

Vancouver, BC, February 27, 2025 – Plata Latina Minerals Corporation (TSX-V: PLA) ( “Plata

Latina” or the “Company”) announces that a wholly-owned subsidiary of Fresnillo plc (“Fresnillo”) has

exercised its right to purchase the 3% net smelter return (“NSR”) on the Naranjillo property from Plata

Latina for a total of US$6,000,000, or C$8,610,000 (the “Transaction”).

“This purchase is a testament to the success of our exploration discovery at Naranjillo,” commented

Letitia Wong, Plata Latina’s President and CEO . “The cash brought in from this deal strengthens our

balance sheet and greatly improves our competitiveness as we are actively seeking strategic growth

opportunities.”

The Transaction is expected to close before the end of March 2025. Following the close, Fresnillo will

no longer be obligated to pay advance royalty payments. The Naranjillo NSR is part of the option

agreement announced on February 8, 2017 titled “Plata Latina Enters Option Agreement with Fresnillo

for Naranjillo Property”.

The Company retains a 2% NSR with Fortuna Mining Corp. on the La Joya project, which is located in

the state of Hildago, Mexico.

About Plata Latina Minerals

Plata Latina Minerals is a growth-focused company focused on exploring strategic opportunities within

the mining industry. Led by a highly experienced team with a proven track record in identifying,

optimizing and growing businesses, Plata Latina aims to create long- term value through acquisitions,

partnerships and other strategic transactions. The Company currently has two royalties in its portfolio

and receives annual advance royalty payments as a result of t he successful discovery and sale of the

Naranjillo project. Plata Latina is actively evaluating opportunities.

For more information, please contact:

Patricia Fong

Chief Financial Officer

Telephone: +1 800 933 9925

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.