Latin Metals grants Aumin option to acquire Organullo gold project for US$4 million

Bitget2026/09/21 16:06

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Latin Metals granted Aumin an option to acquire 100% of the Organullo Gold Project in Salta Province, Argentina.
Transaction terms include US$ 4 million in cash payments to Latin Metals over six years.
Aumin committed to 40,000 meters of drilling over six years, with 3,000 meters due by year one.
On exercise, Latin Metals can choose 19.9% of a listed vehicle or a 2% net smelter returns royalty.
Aumin can accelerate after 15,000 meters by paying remaining cash plus US$ 16 million; Latin Metals would retain a 2% NSR royalty.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Latin Metals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609210830PRIMZONECNPR____9829884) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Latin Metals grants Aumin option to acquire Organullo gold project for US$4 million

You may also like

Crypto prices