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LA Los Andes Copper Ltd

9.90
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Los Andes Copper Ltd TSXV:LA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.90 9.75 10.00 0 12:00:32

Los Andes Announces Appointment of Eduardo Covarrubias as President and CEO

26/01/2011 12:06am

Marketwired Canada


Los Andes Copper Ltd. ("Los Andes", or the "Company") (TSX VENTURE:LA)(PINK
SHEETS:LSANF) is pleased to announce that Eduardo Covarrubias has been appointed
President and CEO of the Company, effective immediately. Mr. Covarrubias
replaces Dr. Roger Moss who will remain a consultant to the Company. This change
will allow Dr. Moss to focus his efforts on the next steps required in the
preparation of a scoping study and subsequent pre-feasibility work for the
Vizcachitas project.


Mr. Covarrubias has been overseeing the mining interests of Turnbrook
Corporation prior to the recent consolidation of ownership of the Vizcachitas
project. Mr. Covarrubias was a banker with the Chase Manhattan Bank for almost a
decade, covering the mining sector in Chile. He was based in New York and
Santiago and his responsibilities included project financing, structured finance
and mergers and acquisitions transactions. Most recently Mr. Covarrubias had
devoted his time to entrepreneurial activities in the real estate sector, among
others. Mr. Covarrubias holds a degree in chemical and industrial engineering
from the Catholic University of Chile, and a Master of Science in Management
from the Massachusetts Institute of Technology (MIT), Sloan School of
Management.


About Vizcachitas

The Vizcachitas project offers potential for a low strip, open pit operation in
an area of low elevation with excellent infrastructure, including water and
power in central Chile. The Vizcachitas deposit occurs in the same metallogenic
belt as the giant copper-molybdenum porphyries Rio Blanco-Los Bronces, Los
Pelambres and El Teniente. Based on 35,255 metres of drilling in 130 diamond
drill holes, the project contains an indicated resource of 515 million tonnes
grading 0.39% copper and 0.011% molybdenum and an inferred resource of 572
million tonnes grading 0.34% copper and 0.012% molybdenum at a 0.30% copper
equivalent cutoff. Additional information about the Vizcachitas project is
available in the National Instrument 43- 101 Technical Report prepared by AMEC
and filed by the Company on SEDAR on August 29 2008, and on our website at
www.losandescopper.com.


This document contains certain forward looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectation implied by
these forward looking statements.


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