Company
Los Andes Copper Ltd
CVE:LA
Los Andes Copper Ltd is a Canadian company focused on developing the Vizcachitas copper-molybdenum porphyry project in Chile. The company owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas, which will become Chile’s next major copper mine. The April 2023 PFS was designed with the goal of achieving an environmental-friendly operation that will position the project on the forefront of global environmental trends for mining. It demonstrated a technically and economically robust project with an IRR of 24%% at US$3.68/lb and an After-Tax NPV @8% of US$2.88 billion. The project has an initial 26 year mine life and the deposit remains open at depth and to the east and west providing the potential for a significant expansion of mine life.
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Los Andes Copper names former COO Santiago Montt as interim CEO
Montt replaces outgoing CEO and president Michael Jones, who has resigned to pursue other business opportunities, the company said
Los Andes Copper on track to complete pre-feasibility study for Vizcachitas copper-molybdenum porphyry project in Chile in 4Q
Drilling at Vizcachitas is also planned to resume within 4Q, 2022, with the objective of expanding the project's resources beyond those currently considered in the pre-feasibility study
Los Andes Copper progresses work on Vizcachitas copper project with water desalinization agreement
In a wider update, CEO R Michael Jones told shareholders that the company is aiming to have its prefeasibility study done for the large-scale copper project by the end of 2022
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Los Andes Copper receives further US$5M investment from Queen's Road Capital
“These funds will allow us to continue with the exciting expansion drilling of Vizcachitas with up to five rigs and complete our Pre-Feasibility Study, which is anticipated in Q4 this year,” Los Andes Copper CEO R Michael Jones said
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RFC Ambrian: Los Andes Copper
Natural Resources28 July 2022Los Andes CopperCVE:LA * is a Canadian junior exploration and development company with an exciting copper project in Chile. RFC Ambrian ranks Los Andes as one of the top five copper companies with a high probabi
Los Andes Copper says drilling can resume at Vizcachitas Copper Project after Chilean court decision
The court decision, delivered on July 20, 2022, authorizes Los Andes Copper to continue drilling at the Vizcachitas project, with certain operational conditions, including a restricted drilling plan for the first 12 months proposed by the c
Los Andes Copper says new drill results from Vizcachitas point to the project’s large-scale copper potential
The company said that results from the completed initial drill campaign have shown that the 1.2 billion tonnes at 0.45% copper equivalent measured and indicated resource has “considerable potential” to grow both in scale and grade
Los Andes Copper says drilling at its Vizcachitas copper project in Chile shows limits of the deposit yet to be determined
The results included 331 metres (m) grading 0.63% copper equivalent on the largely undrilled northeastern side of the deposit and a 122m grading 0.59% copper equivalent on the western edge of the deposit
Los Andes Copper reports longest 1% copper equivalent intercept to date at its Vizcachitas project in Chile
One hole located near the southern edge of the current resource returned results from 93.2 meters to 480.35 meters with a copper equivalent grade of 0.56%, including 152 meters grading 1.00% copper equivalent.
Los Andes Copper set to advance Vizcachitas pre-feasibility as it closes US$4M Queen's Road Capital investment
The proceeds from the investment will be used to complete the pre-feasibiltity study for the company's Vizcachitas project in Chile and other corporate expenses
Los Andes Copper unveils 2022 planned milestones; announces US$4M investment by Queen's Road Capital
In the corporate update, the company also announced the appointment of a new executive chairman with immediate effect and the retirement of Fernando Porcile, who was in the role
Los Andes Copper announces plan to temporarily suspend drilling at Minera Vizcachitas project in Chile
This is in response to a preliminary court injunction relating to the potential impact on the habitat of the vizcachas, a small rabbit, which is part of the food chain of the Andean Cat, a protected species
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Los Andes Copper reports ‘excellent’ deeper results from hole CMV-001B at its Vizcachitas project in Chile
The company said the intercept for the hole is 1,177.15 meters at 0.50% copper equivalent
Los Andes Copper announces appointment of Santiago Montt as its chief operating officer
The company noted that Montt recently spent over a decade overseeing BHP's corporate and legal affairs in the Americas, serving in different roles in Chile, Brazil, and Australia
Los Andes Copper reports encouraging assays from its Phase I drill program at the Vizcachitas copper project in Chile
Hole CMV-001B intersected aggregate of 732 meters with estimated average grade of 0.51% copper equivalent
Los Andes Copper says investors should expect a “steady stream” of drill results in 2022 from its Vizcachitas project in Chile
The company said a key objective of the current drilling is to explore areas that are within the planned open pit from the Preliminary Assessment that for historical reasons were not drilled