Latin American Minerals
Initiates Independent Resource Estimate At Paso Yobai Gold Project, Paraguay
Latin American Minerals Inc. reports that it has retained Cargill
Consulting Geologists Limited to prepare a National Instrument 43-101
compliant resource estimate for the one kilometre long Discovery Zone and
to quantify the tonnage and grade for a possible mineral deposit for the
balance of the eight kilometre long Paso Yobai Gold Trend.
Dr. George Cargill, P.Eng., has reviewed the
Company's exploration
results completed since his last 43-101 report dated February 15, 2008,
filed on Sedar. Dr. Cargill agrees the Company's goals and objectives for
the ongoing drilling program at Paso Yobai (Press Release of March 31,
2009).
Diamond Drilling at Paso Yobai is ongoing, having completed four holes
of a 16-hole drill program (please see drill hole location map attached).
The gold bearing zone was intersected in all four holes. The holes have
been logged, the gold bearing zone has been split and the samples sent to
ALS-CHEMEX Laboratories in Chile
for analysis.
Dr. Waldo Perez, P.Geo., is Latin American
Minerals Inc.'s internal
Qualified Person under the requirements of National Instrument 43-101 and
is responsible for this press release.
Latin American Minerals Inc. is a mineral exploration company focused
on the acquisition and development minerals projects in under-explored but
highly prospective countries of Latin America.
To view a map of drill hole and tranch locations at Paso Yobai Gold
Project please see below.
The TSXV has not reviewed and does not accept responsibility for the
adequacy or the accuracy of this release.
Capitalization Report for Latin American Minerals Inc
Shares Issued: 62371525
Shares Escrow: 9180000
TEL: (416) 363-0841
David Wahl, P.Eng. P.Geo President & CEO
INTERNET:
www.latinamericanminerals.com