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Latin Metals' partner begins Phase II drilling at Cerro Bayo and La Flora gold-silver projects in Argentina

Market News
08 Oct 2026
GlobeNewsWire
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Bullish
Latin Metals' partner begins Phase II drilling at Cerro Bayo and La Flora gold-silver projects in Argentina

Latin Metals Inc.'s partner, Daura Gold Corp., has started a Phase II diamond drilling program at the Cerro Bayo and La Flora gold-silver projects in Argentina. The program includes about 1,600 meters across 20 holes, with initial drilling at La Flora marking the first-ever test of its vein system. This drilling aims to follow up on promising results from Phase I at Cerro Bayo and explore new targets, with Daura funding the exploration to potentially earn up to an 80% interest. The results will help define mineralization continuity and vein geometry, advancing the projects' development potential.

Latin Metals drilling update offers context for readers. For those tracking Basic Materials, here is Pluang's market snapshot as of Oct 08, 2026 20:01 WIB: Out of 62 priced US stocks, 16 rose and 44 fell. MP Materials traded at USD 45.42 with a 1-day change of -1.92% and a typical hold time of 11 days, with 68% sell orders. Dow Inc. rose 1.91% to USD 28.30, holding for 82 days on average. Alcoa Corporation fell 1.81% to USD 41.71.

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