Los Andes Copper Ltd. announces the passing of former Executive Chairman, Fernando Porcile. The Directors and employees of Los Andes Copper would like to extend their sincerest condolences to Fernando's family and friends. Fernando's integrity and character were an example to many. His uncompromised commitment to doing the right thing, compassion and dedication represent an example to follow. Fernando has been an [...]
Los Andes Copper Ltd. is pleased to report continued consistent positive results from recent drilling completed at the 100% owned Vizcachitas Copper Project, located 120 kilometers from Santiago in Chile. Further results from the drill program include a highlight of 404 meters grading 0.41% copper equivalent molybdenum and 1.2 grammes per tonne silver) in hole CMV 014. The results also include 44 meters grading 0.46 [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000 eight per cent convertible debenture issued to Queen's Road Capital Investment Ltd. on June 2, 2021 and the terms of a trust indenture entered into between the Company and Computershare Trust Company of Canada dated June 2, 2021 , the Company has elected to issue 3,260 common shares in the capital of the Company at a deemed price of [...]
Results Include 331m grading 0.63% Copper Equivalent on the largely undrilled Northeastern Side of the Deposit Los Andes Copper Ltd. is pleased to report continued consistent positive results from recent drilling completed at the Vizcachitas Copper Project in Chile. The new results include 331 meters grading 0.63% Copper Equivalent in hole CMV 012B on the northeastern edge of the deposit where almost no prior drilling has [...]
Los Andes Copper Ltd. reports further excellent results from drilling completed at the Vizcachitas Copper Project in Chile. Hole CMV-009 located near the southern edge of the current resources has returned results from 93.2 m to 480.35 m with a copper equivalent grade of 0.56%, including 0.53% copper, 62 parts per million molybdenum and 1.5 g/t silver. Included in this intercept is an interval from 108 meters to 260 [...]
Los Andes Copper Ltd. is pleased to report that it has been advised that RCF VI CAD LLC has entered into a definitive agreement to sell the 2% NSR royalty on the Company's Vizcachitas Copper Project owned by RCF pursuant to that certain Royalty Purchase Agreement dated May 27, 2020. If the Proposed Sale is consummated, then RCF will owe the Company a contingent purchase price payment of US$5,000,000 pursuant to the terms [...]
Los Andes Copper Ltd. is pleased to report the closing and funding of the US$4,000,000 Convertible Debenture issued to Queen's Road Capital Investment Ltd. announced on March 30, 2022. The Convertible Debenture has a five-year term, carries an eight per cent coupon and is convertible into common shares in the capital of the Company at a share price of C$19.67. The interest is payable quarterly, five per cent in cash and [...]
Los Andes Copper Ltd. is pleased to announce that it has entered into an agreement with Queen's Road Capital Investment Ltd. whereby Queen's Road Capital will invest US$4,000,000 in Los Andes by the way of convertible debenture . The Convertible Debenture will have a five-year term, carry an eight percent coupon and will be convertible into common shares in the capital of the Company at a share price of C$ 19.67. The [...]
Los Andes Copper Ltd. provides the following update on its Vizcachitas Copper project in Chile and provides corporate milestones for 2022. Summary Milestones -Report assay results from the completed 8,297 meters of drilling April to June 2022 -Updated Resource Estimation including 2022 drilling results August 2022 -Continued drilling operations, provided injunction is lifted Q3 2022 -Completion of a Pre-Feasibility Study [...]
Los Andes Copper Ltd. announces that on March 18, 2022, the Second Environmental Court decreed a preliminary injunction to suspend the effects of Resolution No. 14 of 2021, environmental licence of the Minera Vizcachitas drilling project. In response to the Court Order the company has initiated the process of safety suspending the drilling operations. The Court order relates to the potential impact to the vizcachas [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000 eight per cent convertible debenture issued to Queen's Road Capital Investment Ltd. on June 2, 2021 , and the terms of a trust indenture entered into between the Company and Computershare Trust Company of Canada dated June 2, 2021 , the Company has elected to issue 3,275 common shares in the capital of the Company at a deemed price of [...]
Vancouver, British Columbia; London, United Kingdom and Santiago, Chile-- - Los Andes Copper Ltd. reports excellent continued deeper results from Hole CMV-001B and aggregate from 64m to 1265.15 meters the copper equivalent grade is 0.50%, including 0.43% copper and 198 parts per million molybdenum . The average grades include, newly reported 0.47% copper equivalent including 0.38% copper and 260 ppm molybdenum from 820m [...]
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