Los Andes Copper Ltd. is pleased to announce that additional comminution testwork has confirmed the selection of High-Pressure Grinding Rolls circuit technology for use in the processing circuit at the Vizcachitas Project in Chile .The use of HPGR, and the adoption of the previously announced dry-stack tailings, reinforces the Company's commitment to the environment and designing a sustainable operation with low energy [...]
Los Andes Copper Ltd. is pleased to announce that it has received results from the ongoing PFS metallurgical study which, consistent with all prior test work conducted, confirms the adoption of dry stacked tailings at the Company's Vizcachitas Project in Chile . During 2020 Los Andes has continued metallurgical testing at the SGS laboratory in Santiago, Chile. The testwork was carried out on representative samples from [...]
Los Andes Copper Ltd. announces the issuance of a total of 37,000 options to Directors and management of the Company in accordance with the Company's Stock Option Plan. The options are exercisable at a price of $5.00 and have an expiration date of five years. In line with the progress of the Company's Vizcachitas project, the Board of Directors has granted options to Antony Amberg , Francis O'Kelly , Ignacio Melero and [...]
Los Andes Copper Ltd. is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2020 annual general and special meeting held in Vancouver, British Columbia were approved. A total of 170,925,885 pre-consolidation common shares were voted, representing 62.92% of the Company’s issued and outstanding common shares. The number of directors of the Company was set at five, and Eduardo [...]
Los Andes Copper Ltd. is pleased to provide an update on the geological mapping and geophysics work programs conducted on the Company’s Vizcachitas Project . The geological and geophysical work programs have demonstrated evidence of extensions to known mineralisation to the north, east and south-east of the current resources. Over the past months, a program of geological mapping, geochemical sampling and induced [...]
Los Andes Copper Ltd. has been informed that the Court of Appeals of Valparaiso - the Region where the Company’s Vizcachitas Project is located - has granted a motion against the Servicio de Evaluaci?n Ambiental , in which the Court instructs the SEA to conduct a public consultation process before finalizing the evaluation process of the environmental permit, which was announced on April 27, 2020, for the upcoming [...]
Los Andes Copper Ltd. is pleased to announce today that it has received all necessary approvals for its previously announced share consolidation . The Consolidation will be effective August 26, 2020 . The Consolidation received approval from the TSX Venture Exchange and pursuant to the articles of the Company, the Board of Directors of the Company has approved the Consolidation by way of Board resolutions. The Company [...]
Los Andes Copper Ltd. is pleased to announce its intention to proceed with a share consolidation of its issued and outstanding common shares on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares. Following the Consolidation, the Company will have approximately 27,165,813 post-consolidation Common Shares. Pursuant to the articles of the Company, the Board of Directors of the [...]
Jose Tomas Letelier to Retire as Director of Corporate Affairs and Sustainability, Ignacio Melero Appointed as Successor Los Andes Copper Ltd. announces the retirement of Mr. Jose Tomas Letelier as Director of Corporate Affairs and Sustainability, in order to devote more time to personal and family affairs. Jose Tomas has been an invaluable part of the advancement of Vizcachitas. He will remain as a senior advisor to the [...]
Los Andes Copper Ltd. is pleased to announce that it has entered into a capital markets advisory services agreement with Spinnaker Capital Markets Inc. . Spinnaker is a Toronto-based advisory firm which provides public companies with an array of services tailored to raise capital and target and attract institutional and retail investors. It is focused on developing and expanding the network of investors, analysts and [...]
Los Andes Copper Ltd. is pleased to announce that it has sold a net smelter return royalty to Resource Capital Fund VI L.P for a total price of US$14 million . The Royalty is calculated over the sale of all locatable minerals produced from the Santa Teresa 1/60, Santa Maria 1/60 and San Cayetano 1/20 exploitation concessions that form part of the Company's Vizcachitas Project in Chile . Under the Royalty, RCF VI will [...]
Los Andes Copper Ltd. is pleased to present an update on the work conducted in order to progress the Pre-Feasibility Study on the Company's Vizcachitas Project . The Preliminary Economic Assessment delivered in June 2019 provided a conceptual plan for developing the Vizcachitas Project. A PFS is currently underway and areas of work being advanced include, processing, tailings facility, infrastructure, geology, mine plan [...]