Latin Explore Inc. has defined a large, coherent priority drill target measuring approximately 1.8 kilometres by 1.6 kilometres at its 100%-owned Para copper-molybdenum project in Peru, strengthening the technical case ahead of the project's maiden drill program.

The primary induced polarization chargeability target extends from surface to approximately 800 metres depth. It overlaps a pronounced magnetic low, mapped hydrothermal alteration, and a broader surface anomaly measuring 3 kilometres by 4 kilometres where rock sampling has returned values of up to 1.7% copper.

The property has never been drilled despite historical exploration and target definition by Vale Exploration Peru S.A.C. Peruvian authorities have approved an FTA environmental permit allowing up to 14 drill holes and associated access construction.

Latin Explore plans to commence an initial approximately 2,000-metre drill program across three holes in the fourth quarter of 2026, subject to receipt of remaining administrative approvals. First assay results are expected in early 2027.

“Para has now reached the point that every exploration company wants to get to - a large, never-drilled target where multiple independent datasets are pointing to the same place,” stated Dr. Donovan Pienaar, President and CEO of Latin Explore. “We have surface copper mineralization grading up to 1.7%, a broad copper-molybdenum geochemical footprint, mapped porphyry-style alteration, a pronounced magnetic low and a large coherent chargeability response extending to approximately 800 metres depth.”

“The important next step is drilling, and our initial program will provide the first direct test of this system at depth. For Latin Explore, this represents our first major discovery catalyst as a public company.”

— Dr. Donovan Pienaar, President and CEO

Read the full announcement: Latin Explore Defines Large 1.8 km × 1.6 km Porphyry Target Ahead of Initial Drilling at Para, Peru