Plata Latina Minerals Corporation announced results from ongoing drilling at the company's 100% owned Naranjillo silver-gold property (Naranjillo) that continue to indicate the presence of a significant epithermal silver-gold vein system. The company has received assays for eight additional drill holes at Naranjillo (BDD-N-15, BDD-N-16, BDD-N-18, BDD-N-19, BDD-N-20, BDD-N-21, BDD-N-22 and BDD-N-23), with results ranging up to 4,091 g/t Ag and 14.24 g/t Au over 5.95 metres on the principal Villa vein. In addition to the Villa vein results, this drilling has also discovered significant silver-gold values on a neighboring vein, the Naranjillo vein, located approximately 100 metres west of the Villa vein.

The results have also begun to define the upper and lower limits of a mineralized horizon on the Villa vein. Holes BDD-N-12 and BDD-N-23, located approximately 110 and 70 metres, respectively, from the discovery hole, BDD-N-10, have encountered strongly elevated Ag-Au values over a vertical interval of at least 100 metres. Located approximately 150-200 metres above these strong Ag-Au values, holes BDD-N-5, BDD-N-16 and BDD-N-19 all found strong clay pyrite alteration typical of the alteration found above epithermal deposits.

Holes BDD-N-14, BDD-N-18 and BDD-N-22 encountered relatively low Ag-Au grades, suggesting they are located near the bottom of a mineralized horizon. Following these indications, further drilling will test above holes BDD-N-10, 12 and 23 for the upper limits of the mineralized horizon and test as well to the northeast and southwest for lateral extension of these elevated Ag-Au values. The company now has one diamond core drill working on the Naranjillo property with a second drill scheduled to start in mid-August and a third planned for October of this year.