The recent drill hole DDH-BT-08 included true width 22.0m with 4.20 gpt gold including 5.69m with 11.24gpt, beginning at surface; and 2.13m with 94.6gpt gold including 0.7m with 271.2gpt at 34.6m vertical depth.

The drill hole also included width 2.7m with 107.7gpt gold including 0.47m with 611.07gpt at 83.3m vertical depth.

The Tacurú Target is the first of the five targets drilled on the 14.8km long X-Mile Trend, a linear feature that runs parallel to the 4.5km Discovery Trend where the Company has constructed its Independencia Mine pilot operation.

The trends are separated by 3.5km and other outlying target areas suggest an epithermal mineralizing system approaching 100km2 area.

Latin American Minerals president and CEO Miles Rideout said the Tacurú target is now validated as a major epithermal system with significant gold occurrences identified in several geological rock types.

"These results are impressive both for the high grades and that we continue to intersect gold mineralization from surface to 115 metres true depth. Expanded and deeper drilling will be required to fully evaluate this target," Rideout added.

The company has so far drilled 12 holes totalling 1,712m at the Tacurú target all of which intersected gold mineralization.

Canada based Latin American Minerals is a mineral exploration company engaged in property exploration and development.