Latin American Minerals Inc. Engages New Investor Relations Consultant

TORONTO, ONTARIO -- (Marketwire) -- 02/03/11 -- Latin American Minerals Inc. (TSX VENTURE: LAT) ('LAT' or the 'Company') announces that it has engaged Andreas Curkovic (the 'Consultant') to provide investor relations services to LAT, subject to TSXV approval.

The Consultant's duties will include: editing and writing of press releases; editing, writing, and managing of communications materials such as investor presentations; arranging and attending meetings with professional investors; ongoing contact and managing relationships with the professional investment community on the Company's behalf. The actions of the Consultant are subject to the control and direction of the board of directors of the Company.

The Consultant's engagement is on a month to month basis. The Consultant will be paid a fee of $5,000 per month for its services plus any reasonable expenses of the Consultant's services to LAT. In connection with the engagement, the Company also issued 200,000 stock options to the Consultant, each exercisable to purchase one common share of the Company at a price of $0.30 until February 1, 2016, subject to vesting in eight equal tranches of 25,000 options every 3 months over 2 years with the first tranche vesting on May 1, 2011.

LAT is a mineral exploration company focused on the acquisition and development of base and precious metals projects in highly prospective countries of South America.

The Consultant is based in Toronto, Ontario, and provides investor relations services to TSX and TSX Venture listed companies. The Consultant is arms-length to the Company and does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than the 200,000 options issuable to the Consultant under its engagement with the Company. The Consultant may provide its services to the Company through Proconsul Capital Ltd. a company whose principals are Andreas Curkovic and Martti Kangas.

Certain statements in this press release constitute 'forward-looking statements'. Forward-looking statements express, as at the date of this press release, the Company's plans and expectations, or beliefs as to future events. Forward-looking statements are based on certain assumptions, involve risks and uncertainties and there can be no assurance that such statements will prove to be accurate. Therefore, actual future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Subject to applicable laws, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

Neither 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.

Contacts:

Latin American Minerals Inc.

Miles Rideout

President and CEO

Argentina: (54-261) 439-9268

Toronto: (1-416) 902-8558 or 363-0841
www.latinamericanminerals.com