Plata Latina Announces Corporate Update

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VANCOUVER, March 3, 2015 /CNW/ - Plata Latina Minerals Corporation (TSX-V: PLA) ("Plata Latina" or the "Company") is pleased to announce that it has appointed Letitia Wong as a non-executive Director to its Board.

Ms. Wong brings significant expertise and experience in finance, strategy and investor relations focused in the mining sector. She has a Bachelor of Commerce degree majoring in finance from the Sauder School of Business at the University of British Columbia and is a CFA charterholder.

Gil Clausen, Plata Latina's Chairman commented, "We are pleased to have Letitia join the Board and Audit Committee.  Her background in finance and the capital markets will complement the expertise of our Board and we welcome her to the team."

The Plata Latina Board of Directors is now comprised of: Gil Clausen (Chairman), Robert B. Blakestad, Michael Clarke (President and CEO), W. Durand Eppler and Letitia Wong.

The Company has also granted an aggregate of 225,000 stock options to the non-executive Directors of the Company.  The options are exercisable at C$0.06 per share for a period of five years expiring on March 2, 2020.

About Plata Latina Minerals
Plata Latina Minerals is a Canadian exploration company with a portfolio of four silver-gold properties situated in the prolific Mexican Silver Belt focused on discovering new silver-gold vein districts.  The Company is currently concentrating its drilling efforts on its Naranjillo property.  Plata Latina's first discovery hole was drilled at Naranjillo, which is approximately 35 kilometres southeast of the world-class Guanajuato epithermal silver-gold vein district in Mexico. Plata Latina's expertise in the ore horizon concept and extensive experience in Mexico provides a competitive edge for discovery of new districts between old historic deposits. Its highly experienced management team and board are focused on developing its portfolio of high-potential targets and exploring additional value-creation opportunities. The Company trades on the TSX Venture Exchange under "PLA".

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and other statements that are not historical facts including statements about the Company's latest exploration program.  Such forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to vary materially from target results and the results or events predicted in these forward-looking statements. As a result, investors are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements contained in this news release are made as of the date of this release.  Except as required by applicable law, Plata Latina disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking information reflects the current expectations or belief of the Company based on information currently available and such information is subject to a number of assumptions, risks and uncertainties, including risks related to exploration, uncertainties related to financings; the uncertainties of interpreting exploration results and the other risks associated being a mineral exploration company.

SOURCE Plata Latina Minerals

Mike Clarke, President & CEO, Telephone: [phone], Email: [email protected]