Recorded on August 18 2026 at NRS Studios
Latin Metals Inc. — TSXV LMS | OTCQB LMSQF
Andy Millette sits down with Keith Henderson, President, CEO & Director of Latin Metals Inc., to break down the company’s Lacsha Copper Project in Peru and its new partnership structure with Minsur. Henderson explains how Minsur can earn an initial 75% interest through partner-funded drilling, including up to 60,000 metres over six years, and discusses additional options that he says could ultimately deliver approximately US$42.5 million in aggregate cash consideration while leaving Latin Metals with a 1% NSR royalty if all applicable options are exercised. He explains why Lacsha represents the prospect-generator model Latin Metals is building around: advance projects at relatively low corporate cost, bring in larger partners to fund drilling, and preserve shareholder exposure to discovery. The conversation also covers the neighboring Newmont joint venture, why Minsur’s regional knowledge matters, asset-level dilution versus shareholder dilution, Latin Metals’ goal of becoming self-sustaining, additional partnership catalysts, share structure, and investor due diligence. Andy also discloses that he is a Latin Metals shareholder. #Millettian
Key Topics
• Lacsha Copper Project in Peru
• Minsur partnership and 75% earn-in structure
• Up to 60,000 metres of partner-funded drilling
• Potential cash payments and retained 1% NSR royalty
• Newmont and regional exploration context
• Prospect-generator model and shareholder dilution
• Self-sustaining capital strategy and new partners
• Share structure, Rick Rule and Jeff Phillips
• Investor due diligence and major mining partners
Latin Metals Inc.
Website https://latin-metals.com/
YouTube https://www.youtube.com/@latinmetals
X https://x.com/Latin_Metals
Facebook https://www.facebook.com/LatinMetalsInc
LinkedIn https://www.linkedin.com/company/latinmetals
Instagram https://www.instagram.com/latin_metals/
Host Andy Millette — Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
YouTube https://www.youtube.com/@naturalresourcestocks
X https://x.com/theandymillette
LinkedIn https://www.linkedin.com/in/andymillette/
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/
Chapters
00:00 Latin Metals cold open 01:05 Keith Henderson introduction 01:52 Lacsha and the Minsur deal 03:18 60,000 metres and the 75% earn-in 04:31 Royalty structure and potential cash 06:21 Newmont and the neighboring project 07:23 Why Minsur’s interest matters 08:23 Prospect-generator model and dilution 09:01 Building a self-sustaining company 10:06 More partners and year-end catalysts 11:19 Lacsha capital spent versus potential upside 13:00 Additional partnership pipeline 15:08 Latin Metals share structure 17:22 Tickers and investor due diligence 19:39 Closing thoughts
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