11:14 AM EDT, 08/13/2025 (MT Newswires) -- Latin Metals ( LMSQF ) on Wednesday said its Zafiro Mining unit acquired additional mineral rights contiguous to the Para copper project in southern Peru for US$20,000.

The company said it added 300 hectares of new exploration properties to the project.

"The integration of Vale's comprehensive exploration data has allowed us to define clear porphyry-style drill targets," said Latin Metals ( LMSQF ) Chief Executive Keith Henderson. "We plan to initiate drill permitting shortly and are actively seeking a partner to fund and advance the project."

The company said Para is situated in Peru's Coastal Copper Belt with access to infrastructure and port facilities.

Shares of the company were last seen down $0.005 at $0.205 on the TSX Venture Exchange.

Price: 0.21, Change: -0.01, Percent Change: -2.38