Latin American Minerals Initiates Independent Resource Estimate at Paso Yobai Gold Project, Paraguay

TORONTO, ONTARIO - (April 15, 2009) - Latin American Minerals Inc. (TSX VENTURE:LAT) reports that it has retained Cargill Consulting Geologists Limited to prepare a National Instrument 43-101 compliant resource estimate for the one kilometre long Discovery Zone and to quantify the tonnage and grade for a possible mineral deposit for the balance of the eight kilometre long Paso Yobai Gold Trend.

Dr. George Cargill, P.Eng., has reviewed the Company's exploration results completed since his last 43-101 report dated February 15, 2008, filed on Sedar. Dr. Cargill agrees the Company's goals and objectives for the ongoing drilling program at Paso Yobai (Press Release of March 31, 2009).

Diamond Drilling at Paso Yobai is ongoing, having completed four holes of a 16-hole drill program (please see drill hole location map attached). The gold bearing zone was intersected in all four holes. The holes have been logged, the gold bearing zone has been split and the samples sent to ALS-CHEMEX Laboratories in Chile for analysis.

Dr. Waldo Perez, P.Geo., is Latin American Minerals Inc.'s internal Qualified Person under the requirements of National Instrument 43-101 and is responsible for this press release.

Latin American Minerals Inc. is a mineral exploration company focused on the acquisition and development minerals projects in under-explored but highly prospective countries of Latin America.

To view a map of drill hole and tranch locations at Paso Yobai Gold Project please visit the following link: http://media3.marketwire.com/docs/la...

The TSXV has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

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