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LA Los Andes Copper Ltd

8.30
1.22 (17.23%)
18 Dec 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
  1.22 17.23% 8.30 7.00 8.50 8.30 7.79 7.91 1,870 21:00:05

Los Andes Engages Coffey Mining and Alquimia Conceptos S.A. for Vizcachitas Deposit Preliminary Economic Assessment

15/05/2013 1:30pm

Marketwired Canada


Los Andes Copper Ltd. ("Los Andes" or the "Company") (TSX
VENTURE:LA)(PINKSHEETS:LSANF) is pleased to announce that it has engaged Coffey
Mining and Alquimia Conceptos S.A. ("Alquimia") to complete a preliminary
economic assessment ("PEA") on the Vizcachitas project located approximately 130
km northeast of Santiago, Chile in the Rio Rocin Valley. Work on the PEA has
commenced and is planned for completion by July, 2013.


Coffey Mining ("Coffey") has more than 50 years of experience supplying
specialist mining consulting services to the international mining industry.
Coffey provides consulting and operational support and optimization services,
due diligence, independent reports and a range of technical audits and studies,
and is supported by a network of offices throughout the Americas, Africa, Asia
Pacific, Europe and the Middle East. Alquimia is is a multidisciplinary
consulting and engineering company for mining projects, specialized in mining
and metallurgical processes, that has conducted over 250 projects, both
nationally and internationally.


The NI 43-101 Preliminary Economic Assessment review provided by Coffey/Alquimia
will include an updated independent resource estimate that includes the
additional 5000m of drilling completed since the August 2008 AMEC resource
estimate.


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.


Antony J. Amberg, M.Sc., C.Geol., a qualified person as defined by National
Instrument 43-101, supervised the preparation of the technical information in
this news release.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Los Andes Copper Ltd.
Eduardo Covarrubias
President & CEO
(56-99) 323-3156


Los Andes Copper Ltd.
Michael Kuta
Corporate Secretary
604-697-6201
info@losandescopper.com
www.losandescopper.com

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