Vancouver, British Columbia–(Newsfile Corp. – April 1, 2026) – Latin Explore Inc. (TSXV: LXE) (“Latin Explore” or the “Company”), announces that it has appointed Mike Basha as interim President & CEO.
Mr. Basha brings significant experience as Latin Explore advances toward its initial drill program. Mr. Basha is a professional engineer and geologist with over 35 years of experience across Canada, the United States, Europe and South America. He has a strong track record of advancing projects from grassroots through discovery, including as co-discoverer of the Hammerdown gold deposit in Newfoundland.
Mr. Basha is the founder and former CEO of Aurion Resources Ltd. (“Aurion”), where he assembled a district-scale land position in Finland and led exploration teams responsible for multiple discoveries. He was also instrumental in bringing B2Gold and Kinross into Finland as joint venture partners for Aurion. As VP Exploration of Cornerstone Resources Ltd., Mike played a key role in establishing the company in Ecuador prior to its acquisition by SolGold plc for approximately $120 million.
Mike Basha, Interim CEO, commented: “Latin Explore is built around a clear objective to test large-scale systems capable of delivering meaningful discovery. Para is a well-defined porphyry target supported by strong geological, geochemical and geophysical data, and we are focused on executing an initial drill program in 2026. At the same time, we see significant opportunity to grow Latin Explore through the acquisition of advanced-stage exploration assets and we intend to focus our attention on potential acquisitions in the coming months.”
Latin Explore also announces that Keturah Nathe has resigned as President, CEO and a director of the Company.
Discovery-Driven and Built to Scale
Latin Explore is focused on advancing high-quality projects in South America through systematic exploration, drilling, and discovery. The Company’s strategy is to test large-scale systems with strong geological support while building a pipeline of advanced-stage exploration assets through targeted acquisitions.
With a drill-ready flagship asset at Para, a district-scale pipeline project at Auquis, and a clear path to drilling in 2026, Latin Explore is positioned to generate discovery and grow its portfolio through disciplined execution and expansion.
Drill-Ready Copper Porphyry Exploration
The Company’s flagship Para project is a large-scale, drill-ready copper-molybdenum porphyry system and the Company’s primary discovery opportunity. The Para Copper Project was previously explored by Vale Exploration Peru S.A.C. between 2013 and 2017. During this time, Vale conducted extensive groundwork, identified four priority drill targets, and secured a drill permit for the proposed program; however, no drilling was completed. Latin Metals acquired the project in 2023 and has since validated and expanded on Vale’s work through its own systematic geochemical sampling and interpretation, confirming the presence of multiple porphyry-style targets.
2026 Para Drill Program
Latin Explore is advancing a Phase I drill program for completion in Q3 2026. The drill program is planned to consist of 2,500 metres of diamond drilling, designed to test the core geophysical and geochemical anomalies and confirm the presence, scale, and geometry of the porphyry system.
The Peruvian authorities have approved an application for a drill permit under the compressed FTA (Ficha Tecnica Ambiental) processing which provides drill permissions for up to 20 drill pads and associated access construction. Latin Explore has already completed all necessary environmental baseline monitoring and is moving quickly to complete workshops with communities. Once the final application is submitted and after submitting responses to any government observations, we expect the permit to be approved in due course.
Project Pipeline
Auquis provides scale and geological diversity within the Company’s portfolio, comprising a 4,600-hectare land package hosting both porphyry copper-molybdenum mineralization at the Rose Zone and polymetallic skarn mineralization at the Blanco Zone. Surface exploration has defined multiple mineralized zones supported by coherent geochemical and geological data. The project remains undrilled and represents the next phase of discovery within the portfolio.
Qualified Person
Eduardo Leon, QP, is the Company’s qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Leon is not independent of the Company, as he is an officer of the Company and holds securities of the Company.
About Latin Explore
Latin Explore Inc. is a copper-gold exploration company focused on advancing high-quality projects in South America. The company currently holds 100%-owned copper exploration assets in Peru and is focused on exploration, drilling, and discovery.
For more information, please get in touch with Investor Relations at 778-683-4324 or via email at info@latin-explore.com.
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On Behalf of the Board of Directors of
LATIN EXPLORE INC.
“Keith Henderson“
Board Chair
For further details on Latin Explore, readers are referred to Canadian regulatory filings on SEDAR+ at www.sedarplus.ca and www.latin-explore.com.
For further information, please contact:
Elyssia Patterson, VP Investor Relations
Email: epatterson@latin-explore.com
Phone: 778-683-4324
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, the anticipated content, commencement, timing and cost of exploration programs in respect of the Company’s properties and otherwise, including the drill program at the Para project, anticipated exploration program results from exploration activities, and the Company’s expectation that it will be able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral deposits/resources/reserves on the Company’s properties, the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will be able to hire a permanent President and CEO, market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the Company’s projects in a timely manner, the availability of financing on suitable terms for the continued operation of the Company projects, and the Company’s ability to comply with environmental, health and safety laws.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development and mine development activities at the Company’s properties, including the geological mapping, prospecting, sampling and drilling programs being proposed for the properties (the “Programs”), actual results of exploration activities, including the Programs, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of precious and base metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company to obtain any necessary permits, consents or authorizations required, any current or future property acquisitions, financing or other planned activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, and risks related to the integration of acquisitions, as well as those risk factors discussed in the Company’s TSX Venture Exchange Form 2B – Listing Application and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward looking statements. Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference herein.
