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 [...]
Los Andes Copper Ltd. is pleased to announce that it has received approval from the Regional Environmental Committee for drilling to be carried out at the Company's Vizcachitas Project over the next four years. The Regional Environmental Committee unanimously approved the drilling permit application submitted by Compañia Minera Vizcachitas Holding, the wholly-owned subsidiary of Los Andes that owns the Vizcachitas [...]
Los Andes Copper Ltd. is pleased to announce the appointment of Harry Nijjar, CPA, CMA, as Chief Financial Officer who will be taking over from Aurora Davidson with immediate effect. Mr. Nijjar received his CPA CMA qualification in 2012 and is a Managing Director of Malaspina Consultants Inc., a private company that provides accounting and administrative services to Canadian public companies. Mr. Nijjar serves as Chief [...]
Los Andes Copper Ltd. is pleased to announce that it has entered into a net smelter return royalty agreement with Resource Capital Fund VI L.P for a total price of US$8 million, payable in tranches . The Royalty applies to the sale of all locatable minerals produced from the San Jose 1/3000 exploitation concession that forms part of the Company's Vizcachitas Project in Chile . Under the Royalty, RCF will receive 0.98% NSR [...]
Los Andes Copper Ltd. is pleased to announce the reinforced management team which will be responsible for leading the development phase of the Vizcachitas Project . The Company's Executive Chairman, Mr. Fernando Porcile, has assembled a highly experienced team to successfully deliver the future milestones required to progress the Project towards construction and, subsequently, production. The senior management team [...]
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