Creating Wealth in Latin America

Highlights

Management and Project Development Strategy

  • Latin Resources was incorporated in Australia for the purpose of acquiring and exploring projects that are prospective for minerals in Peru through its wholly owned subsidiary Peruvian Latin Resources S.A.C.
  • The Company has invested in excess of $3 million over 2 years to assemble its portfolio of projects.
  • Latin Resources’ strategy is to acquire interests in both high quality iron ore projects that are close to well established infrastructure and prospective gold projects with potential for economic mineralisation.
  • Latin Resources’ board, management team and consultants have a history of successful project acquisition and project management.
  • The Company’s management team has considerable knowledge, networks and operating experience in Peru.

Peru

  • Peru is a mineral rich country and top Latin producer of gold, zinc, silver, tin, lead, and 2nd top producer of copper and molybdenum.
  • Peru is significantly underexplored, with estimates that only 20% of areas with mineral resource potential have been explored.
  • Mineral exports account for over 50% of Peru’s GDP and most mining majors have projects in Peru.
  • Peruvian authorities are pro-mining and the country offers a favourable legal and regulatory framework for foreign investment.

Latin Ilo Iron Ore Projects

  • Latin Resources has applied for and now has 100% ownership rights over these concessions, which pre date the Teck Ilo Iron Ore Projects outlined below.
  • Multiple iron ore projects located in the Ilo region of the Moquequa and Tacna Department comprising 25,200 hectares of granted and 6,500 hectares pending exploration concessions.
  • The projects are all within 10 kilometres of the coast and 30 km of the port of Ilo.
  • Magnetic and gravity delineated drill targets.
  • Drill permitting has already commenced.

Teck Ilo Iron Ore Projects

  • Latin Resources has applied for 100% ownership rights over these concessions, which are subject to the Teck Agreement (including royalty and earn in rights to Teck in the event of the discovery of an economic mineral resource).
  • Multiple iron ore projects located in the Ilo region of the Moquequa and Tacna Department comprising 32,200 hectares of granted and pending exploration concessions.
  • Projects and concession areas identified using airborne geophysical data provided under the Teck Agreement.
  • The projects are all within 30 kilometres of the coast.

Other 100% owned projects

  • Latin Resources has also applied for and been granted 100% concession rights over iron ore focussed projects as follows:
    • Toray project (4,500 hectare) in the Apurimac Department;
    • Coribeni project (4,000 hectare) in the Cusco Department; and
    • Latin Pampa de Pongo (900 hectare) in the Arequipa Department.
  • All projects areas in recognized iron provinces.