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plata latina minerals corp (PLA) Snapshot

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52 Week High
04/29/13 - C$0.30
52 Week Low
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Market Cap
8.4M
Average Volume 10 Days
700.0
EPS TTM
C$-0.02
Shares Outstanding
56.2M
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plata latina minerals corp (PLA) Details

Plata Latina Minerals Corporation, together with its subsidiaries, is engaged in the acquisition and exploration of mineral properties. The company holds a portfolio of five silver-gold properties. It primarily holds a 100% interest in the Naranjillo property consisting of 30,760 hectares located in the state of Guanajuato, Mexico. The company was incorporated in 2010 and is based in Vancouver, Canada.

Founded in 2010

plata latina minerals corp (PLA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$199.7K
Chief Financial Officer
Total Annual Compensation: C$68.3K
Compensation as of Fiscal Year 2012.

plata latina minerals corp (PLA) Key Developments

Plata Latina Minerals Corporation Reports Additional Drill Results from its Naranjillo Project

Plata Latina Minerals Corporation announced results from three additional drill holes completed from its most recent drill program on its Naranjillo project located in Guanajuato State, Mexico. Drill results continue to indicate the presence of a significant epithermal silver-gold vein system. The high values were found in BDD-N-43, in which a hanging-wall split of the Villa vein averages 2,590 g/t silver and 5.01 g/t gold over 0.75 metres. These drill results have extended the strike-length of high-grade silver-gold mineralization on the Villa vein system for an additional distance of almost 300 metres, which now demonstrates a minimum strike length of approximately 500 metres for high-grade silver-gold along the Villa vein system. The Villa vein system remains open both to the north and the south, presenting additional exploration opportunities. These latest high-grade drilling results come near the intersection of the Villa vein system, the Escondida vein system and the Sibila vein, a structurally complex zone that offers targets for future exploration. Additionally, a distance of almost two kilometres along the Sibila vein separates the high-grade results from BDD-N-43 from an earlier intercept in BDD-N-2 on the Sibila vein (440 g/t Ag, 3.01 g/t Ag over 0.37 metres). This structural combination of the Villa vein system with the Sibila vein adds an additional 2,000 metres to the exploration potential to the south of the most recent high-grade results in BDD-N-43. Drilling on the Naranjillo property has produced significant silver-gold values over a distance of approximately five kilometres. These latest drill results present continuing evidence for the presence of major epithermal silver-gold vein district at Naranjillo in the style of other, historical, Mexican high-grade silver-gold vein districts.

Plata Latina Minerals Corporation, Annual General Meeting, Jun 27, 2013

Plata Latina Minerals Corporation, Annual General Meeting, Jun 27, 2013., at 10:00 Pacific Standard Time. Location: Suite 600. Agenda: To receive and consider the consolidated audited financial statements of the company for the financial year ended December 31, 2012, together with the auditors' report thereon; to fix the number of directors at five and elect directors of the company for the upcoming year; to appoint Ernst & Young LLP, Chartered Accountants, as auditors of the company until the next annual general meeting and to authorize the directors to fix their remuneration; to approve the company's stock option plan; and to transact such other business as may properly be brought before the meeting and any adjournment or postponement thereof.

Plata Latina Announces Additional Drill Results from its Naranjillo and Vaquerias Projects

Plata Latina Minerals Corporation announced additional drill results from its most recent drill program on its Naranjillo and Vaquerias projects. The company has completed 12 exploration drill holes from its most recent drill program on its Naranjillo project in Guanajuato state, Mexico, where results continue to indicate the presence of a significant epithermal silver-gold vein system. The highest values were found in BDD-N-37, in which the Villa hanging-wall vein averages 1,144 g/t silver and 3.07 g/t gold over 1.76 metres and the main Villa vein averages 338 g/t silver and 1.45 g/t gold over 8.89 metres for a combined average of 397 g/t Ag and 1.44 g/t Au over 12.67 metres. These drill results from the Villa vein have further clarified the structural setting of the mineralized Villa vein system, and now indicate clearly that the Villa vein system is comprised of a hanging-wall component and a foot-wall component with the principal Villa vein located between these two veins. The additional drilling data also demonstrates that the Villa vein system has been offset by several post-mineral faults and provides an indication of the orientation and magnitude of those offsets. This newly-gained understanding of the Villa vein system as well as its fault offsets provides a guide for the continuing exploration of the Villa vein system toward its projected intersection with the buried extension of the Sibila vein. This presents an attractive potential mineralized system for future exploration targeting on the Villa vein system over a potential strike length of almost 500 metres that the Company intends to explore with future drilling. In addition to exploring toward this area along the Villa vein system, the Company intends to carry out exploration drilling along the Sibila vein, starting near previously drilled hole BDD-N-2 (0.37 metres of 440 g/t silver with 3.01 g/t gold), and continuing toward the projected intersection of the Sibila and Villa vein systems, which has a target strike distance of approximately two kilometres.

 

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