Latin American Minerals Secures Bank Loan; Pilot Heap-Leach Expansion Underway

Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company")
announces the receipt of a USD 700,000 bank loan to proceed with the heap-leach
plant expansion at Independencia Mine, part of the Company's Paso Yobai gold
project located in Paraguay. 


Miles Rideout, President and CEO stated, "Our Independencia Mine received its
heap-leach permit in February 2014 and is fully funded for construction, now
underway. Heap-leach processing, in addition to our ongoing high-grade pilot
plant production, will provide significant positive cash flow for continued
exploration activities at this landmark gold discovery."


The bank loan consists of a secured 6 year loan of USD 600,000 and revolving
line of credit of USD 100,000, provided by the Banco Bilbao Vizcaya Argentaria
(BBVA) in Paraguay. The Company is allowed to prepay the loan, and expects to do
so from operating cash flow earlier than the 6 year term. The loan is secured by
the pilot plant machinery and certain real estate (land and building) in
Paraguay, but the security does not affect the heap leach operations, any
surface rights of the X-Mile Trend or Discovery Trend or any other of the
Company's mineral properties. 


Construction of four re-usable heap-leach pads with 28,000 tonnes total capacity
is underway. Full implementation is expected over five months, during which the
existing high-grade plant will continue with regular gold sales and stockpiling
of low-grade mineralization. 


A series of heap-leach tests has been completed in 2014 on existing mineral
stockpiles and has confirmed recoveries up to 95%, averaging 70% within
approximately a 30 day heap leach period. The Company already has over 12 months
of heap leach stockpiles (140,000 tonnes at 0.6 - 0.8 g/t gold) on site and
expects to replenish these stocks with the ongoing open pit bulk-sampling
operations.


The Company is not basing its production decision on a feasibility study of
mineral reserves demonstrating economic and technical viability and is required
to advise the reader that there is no certainty the proposed operations will be
economically viable.


About the Company: 

Latin American Minerals Inc. is a mineral exploration company with its flagship
Paso Yobai property located in eastern Paraguay, an emerging gold region. Paso
Yobai hosts a large epithermal gold footprint on two parallel gold trends,
namely the 10 km Discovery Trend and 14.8 km X-Mile Trend. 


The Company holds a 100% interest in an on-site concentrator plant (mill) at the
fully permitted Independencia Mine at Paso Yobai. In operation since 2012, the
plant continues to provide vital information on the grade, mineralogy and
metallurgical characteristics of the Paso Yobai mineralization through
self-funded operation. 


The Company holds 100% of the adjacent Paso Yobai X-Mile Trend exploration
concessions, the present exploration focus. The Company also holds 100%
interests in highly prospective diamond, REE, niobium and green-fields gold
projects in Paraguay and base metals projects in Argentina.


Dr. Waldo Perez is the Company's internal "Qualified Person" under the
requirements of National Instrument 43-101, and has reviewed and approved this
news release.


The Company's public documents may be accessed at www.sedar.com. 

For further information, please visit our website at
www.latinamericanminerals.com or email us at
[e-mail].


The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this news release.


This news release includes certain forward-looking statements concerning the
future performance of our business, its operations and its financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in our
recent securities filings available at www.sedar.com. Actual events or results
may differ materially from those projected in the forward looking-statements and
we caution against placing undue reliance thereon. We assume no obligation to
revise or update these forward-looking statements unless required by securities
law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Miles Rideout, President and CEO
Toronto: (1-416) 902-8558
[e-mail]