Spotlight LATAM

Latest News from the Region

Our Partners in the Region

Riverside Resources, Inc. engages in the acquisition, exploration and development of mineral properties in Mexico. Its projects include Los Cuarentas Gold-Silver, Cecilia Gold-Sliver, Sandy Gold, Peñoles Gold-Silver, Tajitos Gold, and Ariel Copper-Gold. The company was founded by Warwick George Smith and Murray Seitz on July 4, 2006 and is headquartered in Vancouver, Canada.

SolGold Plc engages in exploration of copper gold. It holds interest in Cascabel, Ecuador Regional Exploration, Queensland and Solomon Island projects. The company was founded by Nicholas Mather on May 11, 2005 and is headquartered in Brisbane, Australia.

Mammoth Resources Corp. is an exploration company, which engages in the acquisition, exploration and evaluation of mineral assets in Mexico. It focuses on gold and silver resources in Tenoriba Projects in southwestern Chihuahua state. The company was founded on January 7, 2011 and is headquartered in Toronto, Canada.

Vangold Mining Corp. is a metal mining company, which engages in the exploration, development, acquisition, and exploitation of mineral properties. Its projects include El Pinguico and El Carmen Patito I and II. The company was founded on August 11, 1978 and is headquartered in Vancouver, Canada.

Overview

The importance of Latin America as an emerging economy in the mining sector has long been established. Here you can find many of Spotlight’s friends with exciting projects currently under development, including Riverside Resources, Mundoro Capital, Regulus Resources and Vangold Mining. While Riverside Resources, Mundoro and Vangold Mining are focused on appealing portfolios that include projects in Mexico, Regulus Resources is mainly focused on the AntaKori Cu-Au-Ag project in Northern Peru - as well as other projects and assets in Argentina. Travelling back to Mexico, Riverside Resources has four projects in the country: Sandy, Tajitos, La Silla and Ariel, while Mundoro has three concessions in Cuencame and Vangold Mining is engaged in the exploration of mineral projects in the Guanajuato region.

The great variety of projects and styles of mineralization that are showcased by our partners is revealing of a continent full of potential. This is no surprise considering that the South America continent contains around one-fifth of the world’s iron ore reserves, more than one-quarter of world’s copper known reserves and significant deposits of precious metals. The continent’s mining powerhouses include Chile, Peru, Brazil, and Mexico. According to the US Geological Survey, Chile has the world’s largest reserves of copper and the seventh largest reserves of lithium. Peru, not much behind, has the third-largest copper reserves and the largest silver reserves. The country also has considerable reserves of zinc, nickel, and gold. Mexico produces and has reserves of zinc, copper and is a top-ten gold producer. In its turn, Brazil has the world’s second-largest reserves of iron ore, third-largest reserves of nickel and fourth-largest reserves of tin. The country also has considerable reserves of gold.

However, it is important to note that these statistics are likely underestimated given that a mix of political, social, and economic factors prevent extensive exploration in some of the 33 countries that make up Latin America. For all the above reasons, it is clear that the lure of Latin America’s mining sector will remain strong in years to come.


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