After-Tax NPV8% of US$ 1.8 billion and IRR of 20.77% at US$ 3.00/lb Copper Payback period of 3.4 years from initial operations; 5.4 years from initial construction 45 year mine life 0.53% CuEq average headgrade to mill over first 5 years of operation C1 Cash Cost of US$ 1.36/lb for first 8 years of operation; US$ 1.58/lb for LOM 1,284 million [...]
Los Andes Copper Ltd. is pleased to announce the appointment of Mr. Fernando Porcile to the Board of Directors of the Company and to serve as Executive Chairman. His primary role will be to apply his formidable international project experience to take the company through the development stage of its Vizcachitas copper project. Fernando Porcile Mr [...]
Los Andes Copper Ltd. is pleased to announce approval from Chile's Environmental Evaluation Service in connection with the drill work carried out on the Company's Vizcachitas project during 2015-2017 . All members of the Regional Environmental Committee , unanimously moved to grant environmental approval for the Drilling Campaign. On April 25 [...]
Los Andes Copper is pleased to announce the closing of the second and final tranche of its non-brokered private placement announced in its news releases dated April 26, 2018, and May 7, 2018, for gross proceeds of $6,246,900. On June 7, 2018, the Company issued 18,930,000 Units to Resource Capital Fund VI L.P. at a price of $0.33 per Unit. Each [...]
Los Andes Copper is pleased to announce the closing of the first tranche of its non-brokered private placement announced in its news release dated April 26, 2018, for gross proceeds of $2,597,100. On May 7, 2018, the Company issued 7,870,000 units to Resource Capital Fund VI L.P. priced at $0.33 per Unit. Each Unit consists of one common share of [...]
Los Andes Copper is pleased to announce that it has entered into a subscription agreement with Resource Capital Fund VI L.P. pursuant to which RCF VI has agreed to purchase 26,800,000 units of the Company at a price of $0.33 per Unit. Each Unit will consist of one common share of the Company and one-half of one transferable common share purchase [...]
Los Andes Copper is pleased to announce the results of the metallurgical testwork performed by SGS and coordinated and supervised by Empirica Consultores on the Company's 100% owned Vizcachitas copper—molybdenum porphyry project in Central Chile. Key findings: Overall copper recoveries remain at over 90% using a coarser grind size when compared to [...]
Los Andes Copper Ltd. is pleased to announce the appointment of Mr Ricardo Palma C. as Vice President of Development for the Company as well as Executive President for Compañia Minera Vizcachitas Holding, Los Andes's operating subsidiary in Chile. Mr Palma is a Mining Engineer with over 40 years experience. Prior to Los Andes, he was General [...]
Los Andes Copper is very pleased to present the consolidated results for the 2017 campaign. These results further support the new geological model, with significant intersections in the early diorite porphyry and hydrothermal breccias. The drilling also extends the mineralisation to the north of the central core, and shows continuity of higher [...]
Los Andes Copper is very pleased to announce the results of drill holes V2017-08, V2017-09B, V2017-10 and V2017-11. Following the results already published for the 2017 campaign, these results provide support to the extension to the north of the current central core, with some of the highest grade intersections in the deposit being encountered in [...]
Los Andes Copper is very pleased to announce the results of drill holes V2017-06 and V2017-07. Following the results already published for the 2017 campaign, these results provide further support to the continuity of higher grade mineralization near surface in the project's central core over an area of 350 metres north-south by 400 metres [...]
Los Andes Copper is very pleased to announce the results of drill holes V2017-04, V2015-08Ex (extension of last year's V2015-08) and V2017-05. Following the results already published for the 2017 campaign, these results not only further support the presence of higher grade mineralization in the project's central core, but extend presence of high [...]
