Latin Metals and Vale Agree Data Purchase on Para Copper Project, Peru

VANCOUVER, British Columbia, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce that it has executed a data purchase agreement (the “Agreement”), with Vale Exploration Peru S.A.C., a wholly owned subsidiary of Vale Canada Limited (“Vale”). Under the terms of the Agreement, Vale has delivered a comprehensive package of exploration data covering Latin Metals’ 100%-owned Para copper project (“Para”) and extending to the surrounding area. As consideration for the exploration data, the Company has granted a time-limited Right of First Offer to Vale, which will become valid on completion of a prefeasibility study and expire in 2035.