- Los Andes (LA) has drilled an average of 0.51 per cent CuEq over 732 m at its Vizcachitas Project in Chile
- Ongoing phase 1 drilling will expand from four to five drill rigs over a planned 30,000 m
- The property has measured resources of 254.4M tons of 0.439 per cent Cu and indicated resources of 1.03 billion tons of 0.385 per cent Cu
- Los Andes Copper is an exploration and development company with a 100-per-cent interest in the Vizcachitas Project in Chile
- Los Andes Copper (LA) closed up by 6.67 per cent trading at $14.40 per share
Los Andes (LA) has reported strong drilling results from its Vizcachitas Project in Chile.
Initial drilling results include an average of 0.51 per cent CuEq over 732 m.
The result stems from hole CMV-001B, which also averaged 0.46 per cent Cu and 160 ppm Mo from 64 m to 820 m. The hole shows clear potential for further resources to the west.
Silver assay grades for the interval reported are pending, as are the values from 820 m to the end of the hole at 1,265.15 m.
Ongoing phase 1 drilling will expand from four to five drill rigs over a planned 30,000 m. The program seeks to expand the resources within and below the open pit designed in the property’s preliminary economic assessment (2019).
Vizcachitas has measured resources of 254.4M tons of 0.439 per cent Cu and indicated resources of 1.03 billion tons of 0.385 per cent Cu.
Besides westward development, the company is focused on a southern region where previous drilling resulted in resource grades at approximately 150 m.
“We look forward to reporting further drill results as we unlock the potential of this world-class deposit in the weeks and months ahead,” stated R. Michael Jones, Los Andes’ CEO.
| Table | Metres | Cu % | Mo ppm | Ag -pending | CuEq % |
| 64-156 | 92 | 0.57 | 63 | 0.59 | |
| 156-180 – lost core | |||||
| 180 – 820 m | 640 | 0.44 | 174 | 0.50 | |
| Average of | 732 | 0.46 | 160 | 0.51 |
Los Andes Copper is an exploration and development company with a 100-per-cent interest in the Vizcachitas Project in Chile.
Los Andes Copper (LA) closed up by 6.67 per cent trading at $14.40 per share.