Plata Latina Announces Completion of Sale of Naranjillo NSR to Fresnillo

Plata Latina Minerals Corporation has successfully completed the divestiture of its Naranjillo net smelter return royalty to Fresnillo, one of Mexico's largest precious metals mining companies. The transaction represents a strategic shift for the Vancouver-based exploration company, converting a passive royalty asset into immediate capital that can be deployed toward other growth initiatives.

The Naranjillo property represents a significant asset in the precious metals space, and Fresnillo's acquisition of the NSR demonstrates the major producer's continued interest in expanding its royalty and streaming portfolio. For Fresnillo, this acquisition aligns with their strategy of securing long-term exposure to precious metals production outside their direct operational footprint.

This divestiture allows Plata Latina to optimize its asset portfolio and focus resources on core exploration projects where the company can drive more direct value creation. The transaction also validates the underlying value of the Naranjillo asset, providing market confirmation of the property's potential. The completion of this sale strengthens Plata Latina's balance sheet and provides financial flexibility as the company continues to advance its strategic objectives in the precious metals sector.