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MT-O3 Copper Project,
Peru

Latin’s 100% owned subsidiary Peruvian Latin Resources SAC (“PLR”) owns the MT03 Project in southern Peru.

Geophysics

A 5km diameter circular feature observed in the analytical signal processed from aeromagnetic data, shows a donut shaped low (possibly a phyllic alteration zone) surrounding a central high (possibly a potassic alteration zone).

Interpreted Andean and cross arc structures also intersect in the target area. Together these features qualify as a potential large copper porphyry target in an area of the Southern Peru copper belt that is completely covered by recent sediments.

Geology

The geology is dominated by extensive alluvial and young volcanic deposits in the low coastal ranges, obscuring the underlying rocks and any host mineralisation.

Outcropping intrusive rocks to the immediate west of the target area together with a geomorphological assessment of the area suggest the cover may be less than 200m thick.

An IP survey is planned over the target, which is expected to provide targets for a subsequent drilling campaign to confirm the presence of a suitable mineralised system.

Drilling permitting has commenced with drilling expected to commence in 2022.

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Latin Resources Australia

Unit 3, 32 Harrogate Street West Leederville
Western Australia 6007

+61 8 6117 4798 | ua.mo1653319643c.sec1653319643ruose1653319643rnita1653319643l@ofn1653319643i1653319643

Peruvian Latin Resources S.A.C.

Calle Cura Bejar 190. Oficina 303
San Isidro, Lima Peru

+51 1 421 2009 | ua.mo1653319643c.sec1653319643ruose1653319643rnita1653319643l@ofn1653319643i1653319643

Recursos Latinos S.A

Maipú 1210 Piso 8 (C1006ACT) CABA
Buenos Aires, Argentina

+54 11 4872 8142 | ua.mo1653319643c.sec1653319643ruose1653319643rnita1653319643l@ofn1653319643i1653319643

Latin Resources Brazil

Santa Luzia Avenue
Center 3 building
No 1094, Unit 303
Horto Florestal, Salvador
Bahia 40.295-050

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