Latin American Minerals Grants Incentive Stock Options

Toronto, Canada, June 3, 2010, Latin American Minerals Inc. (TSX-V: LAT) (the “Corporation”) announces the grant of new incentive stock options to acquire 2,329,182 common shares to certain directors, senior officers and employees of the Corporation and its subsidiaries, having a term of five years and an exercise price of $0.18 per share. The options vest over a period of one year from the date of grant in four equal intervals and are otherwise subject to the terms of the Corporation’s stock option plan.

About Latin American Minerals

The Corporation is an active mineral exploration company focused on the acquisition and development of mineral projects in under-explored but highly prospective countries of Latin America. Currently focused on its Paso Yobai gold project in Paraguay, the Corporation is developing a track-record of exciting project generation in the Americas.

For more information please contact:

Mike Cosic at (416) 363-0841 or visit www.latinamericanminerals.com

Neither the 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.