Latin Metals Inc. - , a leading mineral exploration company in South America, announces that it has entered into a binding Letter Agreement with
Golden Arrow Resources Corp. to earn up to a 100% interest in the 3,500-hectare Huachi Property . Huachi is contiguous with the Company's Esperanza Project , located in San Juan Province, Argentina . Figure 1: Location of the Huachi property, located immediately west of the Company's Esperanza Property, San Juan Province, Argentina. Option Agreement Terms Under the terms of the Letter Agreement, Latin Metals has been granted the Option to earn an initial 75% interest in the Huachi project by incurring exploration expenditures totalling US$1,000,000 and making cash payments of US$1,000,000 to Golden Arrow over a four-year ...