Los Andes Copper
Primary ticker: TSXV:LA, OTCQX:LSANF
Stage of development: Development
Primary minerals:Copper, molybdenum
Project to promote: Vizcachitas
Project location: Chile
Website: www.losandescopper.com
Los Andes Copper Ltd. is an exploration and development company with a 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile’s most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors and the Company believes it will be Chile’s next major copper mine.
The Project is a copper-molybdenum porphyry deposit, located 150 kilometers north of Santiago, in an area of very good infrastructure. An independent technical report for the PFS, prepared in accordance with NI 43-101, demonstrated a robust project both technically and economically with Initial Reserves of 11 billion lbs CuEq, Measured and Indicated Resource of 15 billion lbs CuEq and a further 15 billion lbs CuEq of Inferred Resource The post tax NPV8 at $3.68/lb Cu is US$2.8billion with a 24% IRR. At US$4.50/lb Cu the post tax NPV8 is US$4.5 billion and the IRR is 32%.
Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.
Cash: CAD 28.6M
Debt: NIL
Major shareholders:
Turnbrook Mining Ltd 48.68%
Resource Capital Fund VI LP 13.2%
Management Ownership –
Financials
Management Profile
Eduardo Covarrubias, Chairman
Mr. Covarrubias oversaw the mining interests of Turnbrook Corporation prior to the consolidation of ownership of the Vizcachitas project. Mr. Covarrubias was a banker with the Chase Manhattan Bank for almost a decade in NY and Chile, covering the mining sector. His responsibilities included project financing, structured finance and mergers and acquisitions transactions.
What is your rationale for taking part in 121 Mining Investment?
Raise awareness of the Company and Project
What recent news would you like to highlight to investors attending?
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What are your key goals in 3 months, 6 months, 12 months?
3 Months:
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6 Months:
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12 Months:
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What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
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What do you think makes your company such a compelling investment?
Against a background of decreasing copper supply and increasing demand, Vizcachitas is one of the very few advanced stage Tier 1 copper projects , situated in a mining friendly jurisdiction and close to existing infrastructure.
What are the top 3 key investor takeaways?
1. One of the few advanced stage Tier 1 copper assets in a mining friendly jurisdiction.
2. Robust project both technically and financially with potential for further upside.
3. Close to existing infrastructure.