Los Andes Copper Ltd. advises that Santiago Montt has been appointed as the Chief Executive Officer of the Company, effective May 25, 2023. Mr. Montt has served the Company as Interim CEO since November 1, 2022, where he was responsible for the Company's operations in Chile. Prior to this, he was the Company COO. Mr. Montt is a global mining executive with vast experience in leading teams in multinational mining [...]
Los Andes Copper Ltd. is pleased to announce further that it has now filed the pre-feasibility study at its 100% owned Vizcachitas Project which was the subject of its news release of February 23, 2023 . The PFS, titled "Vizcachitas Project Pre-Feasibility Study Valparaíso Region, Chile NI 43-101 Technical Report" dated March 30, 2023 with an effective date of February 20, 2020 was prepared for Los Andes by Tetra Tech [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 , the Company has elected to issue 11,984 common shares in the capital of the Company at a deemed price of US$8.76 to Queen's Road Capital as payment for US$104,979 in [...]
Los Andes Copper Ltd. is pleased to announce the results of a positive Pre-Feasibility Study at its 100% owned Vizcachitas Project , a world class porphyry copper project, located 150 km north of Santiago. The PFS has been prepared by Tetra Tech Sudamérica S.A, a leading international engineering firm. A conference call and webcast to discuss these results will be held on Friday, February 24, 2023, at 12.00 p.m. Eastern [...]
Los Andes Copper Ltd. chairman Eduardo Covarrubias visited the Proactive London studio to update Thomas Warner on progress at the Vizcachitas copper project in Chile. He reveals the reasons for a recent pre-PFS fundraise and looks ahead to what investors can expect during the rest of this calendar year, saying there's "plenty of work ahead of us." Contact Details Proactive United States Proactive United States +1 [...]
Los Andes Copper Ltd. has announced today that it has closed its previously announced bought deal offering . Pursuant to the Offering, Los Andes sold 800,000 common shares at a price of $12.55 per Common Share for aggregate gross proceeds of $10 million. The Company intends to use the net proceeds of the Offering to advance the Vizcachitas Project, cover studies and drilling expenses and for working capital. The Offering [...]
Los Andes Copper Ltd. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 800,000 common shares , at a price of $12.55 per Common Share for gross proceeds of $10 million . The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days [...]
Los Andes Copper Ltd. wholly owned subsidiary Compañia Minera Vizcachitas Holding was notified, last Friday December 9, of a lawsuit filed by 24 individuals in the Environmental Court. The lawsuit relates, among other allegations, mainly to alleged environmental damage resulting from 82 exploration drillholes carried out between 2007 and 2017. The Company views this as a speculative and unfounded claim. All drilling has [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 the Company has elected to issue 10,172 common shares in the capital of the Company at a deemed price of US$10.28 to Queen's Road Capital as payment for US$104,568 in [...]
Los Andes Copper Ltd. advises that Santiago Montt has been appointed as the Interim CEO of the Company, effective November 1, 2022. Mr. Montt previously served the Company as its COO, in which position he has been responsible for the Company's operations in Chile. Mr. Montt is a global mining executive with vast experience in leading teams in multinational mining companies. Prior to joining Los Andes, he spent over a [...]
Los Andes Copper Ltd. , is pleased to report on progress on its Vizcachitas large-scale copper project in Chile. The Pre-Feasibility study, continues to advance with the completion of the initial resource model for mine plan optimization. General engineering work, infrastructure planning, plant design and environmental considerations are all on track with the plan to complete the PFS in Q4 2022. The team of internal [...]
Desalinated Water Agreement Advanced as Part of Pre-Feasibility Planning Los Andes Copper Ltd. is pleased to report on progress on its Vizcachitas large-scale copper project in Chile. A letter of intent has been signed with Desala Petorca SPA to work on the project option to use desalinated seawater for the project . Desala is a firm dedicated to the development of water desalinization for water consumption and irrigation [...]
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