Latin Metals Options Organullo Gold Project, Salta Province, Argentina

VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) — Latin Metals Inc. (“ Latin Metals ” or the “ Company “) – (TSXV: LMS) (OTCQB: LMSQF) is pleased to announce that it has entered into a binding letter agreement (the “Letter Agreement” ) with Aumin Argentina S.A.U. (“ Aumin “) whereby Aumin has been granted an option (the “ Option “) to acquire a 100% interest in the Company’s Organullo Gold Project ( “Organullo” or the “Project” ), located in Salta Province, Argentina.

A welcome email is on its way. If you don't see it, please check your junk folder.

The team behind Aumin, led by Hernán Zaballa, has extensive experience in Argentina, with a track record that includes the founding of AbraSilver Resource Corp. (“ AbraSilver ”) and the acquisition and development of its Diablillos silver-gold project. Having worked together in Argentina-focused mineral exploration and project generation for more than a decade, the respective experience of the team combines geology and exploration strategy, Argentine mining law and transaction structuring, and in-country operational, environmental and social expertise.

Today, Diablillos has become one of Argentina’s most significant advanced-stage precious-metal development projects. In 2026, AbraSilver reported combined Measured and Indicated resources containing approximately 248 million ounces of silver and 2.54 million ounces of gold and completed a Definitive Feasibility Study containing Proven and Probable reserves of approximately 183.5 million ounces of silver and 1.76 million ounces of gold (AbraSilver Resource Corp., news release dated June 22, 2026). AbraSilver has a current market capitalization of approximately $2.2 billion.