Los Andes Copper Ltd is a natural resource mining company that operates in the basic material industry.
The operations of Los Andes include acquisition, exploration, extraction, and development of copper deposits across Latin America.
The Vancouver-based metal exploration company owns a 100 per cent stake in the Vizcachitas Property situated in central Chile, South America.
The Vizcachitas Project consists of copper, molybdenum, and silver (Cu-Mo-Ag) porphyry deposits situated nearly 150 kilometers in the north-eastern part of Santiago.
The project is fully equipped with proper infrastructure, including highway, port, railway lines, power grid and water supply.
The firm claims that measured and indicated mineral resources amount to nearly 1,284 million tons of copper at a grade rate of 0.40 per cent copper and a copper equivalent (CuEq) grade rate of 0.45 percent with 11.2 billion pounds of copper, 400 million pounds of molybdenum and 43.4 million ounces of silver.
According to the firm’s preliminary economic assessment (PEA- 2019), the property hosts bulk tonnage of copper mineralization extracted and developed through open pit and concentrator techniques.
The metallurgical test and evaluation study showed a high recovery rate for clean copper concentrates.
The Vizcachitas Project also lies to close to three major copper deposits, including El Teniente, Río Blanco-Los Bronces and Los Pelambres-Pachon.
In April 2021, Regional Environment Committee approved Los Andes Copper Ltd to conduct the drilling and exploration programs at the Vizcachitas property.
Further in June 2021, Los Andes Copper Ltd claims to have achieved positive results related to molybdenum flotation samples that indicates molybdenum recoveries and clean mining operation at the project site, reportedly.
Los Andes Copper Ltd is a publicly listed company on the TSX Venture Exchange market, and its common stocks are traded under the ticker symbol of ‘LA’.
The mineral exploration firm posts financial and technical reports on the official website.