12:20 PM EST, 11/06/2024 (MT Newswires) -- Latin Metals ( LMSQF ) said Wednesday it completed payment obligations to vest a 71% ownership interest in the Cerro Bayo and La Flora properties in Argentina.

The Cerro Bayo and La Flora properties, previously optioned out to Barrick Gold (ABX.TO), are located within the prolific Deseado Massif, a region known for high-grade gold-silver deposits.

Latin Metals ( LMSQF ) said it is looking to secure a drilling permit for the Cerro Bayo property and expects to have it in hand by year end.

The company's shares were last seen down $0.005 to $0.095 on the TSX Venture Exchange.

Price: 0.10, Change: -0.01, Percent Change: -5.00