Plata Latina Minerals Corporation announced that its CEO of the Board of Directors, W. Durand Eppler, will retire effective immediately for personal and health reasons. The Company has appointed Mr. Gil Clausen as interim CEO of the Board of Directors as the Company undergoes a strategic review process. As one of the founding members of Plata Latina, the Company thanks Mr. Eppler for his dedication to the Company from inception and for his leadership as Chair and CEO over the last five years.

He successfully completed the sale of the Naranjillo project to Fresnillo and managed the downsizing of the current property portfolio to conserve limited cash resource. Mr. Clausen is one of the founders of Plata Latina and was previously Chair of the Company. He is a recognized mining executive with more than 30 years' experience in the areas of senior management, finance, development and operations in the base and precious metals industry.

He was most recently President and CEO and Director of Copper Mountain Mining Corporation, which was acquired by Hudbay Minerals Inc. in June 2023. Prior to that, Mr. Clausen was President and CEO and Director of Brio Gold Inc. and President and CEO and Director of Augusta Resource Corporation, which was acquired by Hudbay Minerals Inc. in September 2014. Mr. Clausen has a Bachelors and Masters degrees in Mining Engineering from Queen's University.