Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

LMS.V ·

La#n Metals Discovers Addi#onal Copper Mineraliza#on at Lacsha Project, Peru

Drill Results

La#n Metals Discovers Addi#onal Copper

Mineraliza#on at Lacsha Project, Peru

Vancouver, B.C. – La0n Metals Inc. (“La0n Metals” or the “Company”) - (TSXV: LMS)

(OTCQB: LMSQF) is pleased to announce con4nuous rock chip channel sampling results from

the Lacsha North target area. Results show broad and consistent copper and molybdenum

mineraliza4on, including 72m grading 0.2% copper and 62ppm molybdenum, with copper

values ranging from 742ppm copper to 6,770ppm (0.68%) copper (Figure 1).

These posi4ve results are in addi4on to the results reported recently from the Lacsha South

target area, where similar mineraliza4on was recently iden4fied (previous news release, August

16, 2021) including 30m grading 0.22% copper and 76ppm molybdenum (Figure 2).

Keith Henderson, President and CEO commented “These results further expand the mineralized

footprint at Lacsha, which indicate two large and dis 4nct mineralized centers exposed at

surface. We con4nue to be of the view that these zones could represent the upper weathered

por4ons of poten4ally large porphyry system. In the past week, ground magne4c surveying has

been completed over both Lacsha North and Lacsha South, with results expected in due

course.”

NR21-13 September 14, 2021

NR21-13 Con0nued September 14, 2021 2

Figure 1: Lascha North con#nuous rock chip sampling showing copper grades

and selected composite rock chip intercepts.

Individual samples were taken at 2 m intervals. True thickness is not possible to determine from

the current level of available data, but sample orienta4on is designed to be as representa4ve as

possible. The Company’s 100%-owned, 4,000-hectare Lacsha project is one of three large-scale

copper explora4on projects being explored in Peru.

NR21-13 Con0nued September 14, 2021 3

Figure 2: Previously disclosed Lascha South con#nuous rock chip sampling showing copper grades

and selected composite rock chip intercepts.

Coastal Copper Belt

The Coastal Copper Belt in Peru is a Cretaceous belt hos4ng a variety of deposit types including

Porphyry, Epithermal, VMS and IOCG. La4n Metals’ 100%-owned Lacsha copper-molybdenum

and Auquis copper-gold projects are both located in the northern Lima-Ica por4on of the coastal

belt.

QA/QC

The work program at Lacsha was designed and supervised by Eduardo Leon, the Company's

Explora4on Manager, who is responsible for all aspects of the work, including the quality

control/quality assurance program. On-site personnel at the project rigorously collect and track

samples which are then security sealed and shipped to the ALS laboratory in Lima. Samples

used for the results described herein are prepared and analyzed by mul4-element analysis using

an induc4vely coupled mass spectrometer in compliance with industry standards.

Qualified Person

The technical content of this release has been approved for disclosure by Keith J. Henderson

P .Geo, a Qualified Person as defined by NI 43-101 and the Company’s CEO. Mr . Henderson is not

independent of the Company, as he is an employee of the Company and holds securi4es of the

Company.

About La#n Metals

NR21-13 Con0nued September 14, 2021 4

La4n Metals is a mineral explora4on company acquiring a diversified porfolio of assets in South

America. The Company operates with a Prospect Generator model focusing on the acquisi4on

of prospec4ve explora4on proper4es at minimum cost, comple4ng ini4al evalua4on through

cost-effec4ve explora4on to establish drill targets, and ul 4mately securing joint venture

partners to fund drilling and advanced explora4on. Shareholders gain exposure to the upside of

a significant discovery without the dilu4on associated with funding the highest-risk drill-based

explora4on.

On Behalf of the Board of Directors of

LATIN METALS INC.

“Keith Henderson”

President & CEO

For further details on the Company readers are referred to the Company's web site (www.la4n-

metals.com) and its Canadian regulatory filings on SEDAR at www.sedar .com.

For further informa4on, please contact:

Keith Henderson

Suite 890

999 West Has4ngs Street

Vancouver, BC, V6C 2W2

Phone: 604-638-3456

E-mail: [email protected]

Neither TSX Venture Exchange nor its Regula4on Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cau#onary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking informa 7on (collec7vely, "forward-looking

statements") within the meaning of applicable Canadian and U.S. securi 7es legisla7on, including the United States Private

Securi7es Li7ga7on Reform Act of 1995. All statements, other than statements of historical fact, included herein including,

without limita7on, statements regarding the nego7a7on of the Op7on Agreements and exercise of the Op7on for the Proper7es,

the an7cipated content, commencement, 7ming and cost of explora7on programs in respect of the Proper7es and otherwise,

an7cipated explora7on program results from explora7on ac7vi7es, and the Company's expecta7on that it will be able to enter

into agreements to acquire interests in addi 7onal mineral proper7es, the discovery and delinea7on of mineral deposits/

resources/reserves on the Proper7es, and the an7cipated business plans and 7ming of future ac7vi7es of the Company, are

forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that

such expecta7ons will prove to be correct. OQen, but not always, forward looking informa7on can be iden7fied by words such as

"pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "es 7mates", "forecasts", "intends", "an7cipates",

"believes", "poten7al" or varia7ons of such words including nega7ve varia7ons thereof, and phrases that refer to certain

ac7ons, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking

statements in this news release, the Company has applied several material assump7ons, including without limita7on, market

fundamentals will result in sustained precious metals demand and prices, the receipt of any necessary permits, licenses and

regulatory approvals in connec7on with the future development of the Company’s Argen7ne projects in a 7mely manner, the

availability of financing on suitable terms for the development, construc7on and con7nued opera7on of the Company projects,

and the Company’s ability to comply with environmental, health and safety laws.

NR21-13 Con0nued September 14, 2021 5

Forward-looking statements involve known and unknown risks, uncertain7es and other factors which may cause the actual

results, performance or achievements of the Company to differ materially from any future results, performance or achievements

expressed or implied by the forward-looking informa7on. Such risks and other factors include, among others, opera7ng and

technical difficul7es in connec7on with mineral explora7on and development and mine development ac7vi7es at the Proper7es,

including the geological mapping, prospec7ng and sampling programs being proposed for the Proper 7es (the "Programs"),

actual results of explora7on ac7vi7es, including the Programs, es7ma7on or realiza7on of mineral reserves and mineral

resources, the 7ming and amount of es7mated future produc7on, costs of produc7on, capital expenditures, the costs and 7ming

of the development of new deposits, the availability of a su fficient supply of water and other materials, requirements for

addi7onal capital, future prices of precious metals and copper, changes in general economic condi7ons, changes in the financial

markets and in the demand and market price for commodi 7es, possible varia7ons in ore grade or recovery rates, possible

failures of plants, equipment or processes to operate as an7cipated, accidents, labour disputes and other risks of the mining

industry, delays or the inability of the Company to obtain any necessary permits, consents or authoriza7ons required, including

TSX-V acceptance for filing of the Op7on Agreements, any current or future property acquisi7ons, financing or other planned

ac7vi7es, changes in laws, regula7ons and policies affec7ng mining opera7ons, hedging prac7ces, currency fluctua7ons, 7tle

disputes or claims limita7ons on insurance coverage and the 7ming and possible outcome of pending li7ga7on, environmental

issues and liabili7es, risks related to joint venture opera7ons, and risks related to the integra7on of acquisi7ons, as well as those

factors discussed under the heading "Risk Factors" in the Company's latest Management Discussion and Analysis and other

filings of the Company with the Canadian Securi7es Authori7es, copies of which can be found under the Company's profile on the

SEDAR website at www.sedar .com.

Readers are cau7oned not to place undue reliance on forward looking statements. Except as otherwise required by law, the

Company undertakes no obliga7on to update any of the forward-looking informa7on in this news release or incorporated by

reference herein.