LOS ANDES COPPER

Published : May 14th, 2008

Extends Vizcachitas Mineralization Eastwards

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Chile | Copper | El Teniente | Molybdenum | Water |

Los Andes Copper Extends Vizcachitas Mineralization Eastwards

May 14, 2008

Intersects 18 metres grading 0.78% Cu


Vancouver, BC - Los Andes Copper Ltd. ("Los Andes", or the "Company", TSX Venture Exchange: LA) announces results from the next eleven holes of the phase II drilling program currently underway at the Vizcachitas Project in Chile.

Highlights of the results include Hole LAV-112, that intersected 0.44% Cu and 0.013% Mo (0.53% Cu eq.*) over 314 metres, including a 44 metre, intersection grading 0.66% Cu and 0.017% Mo (0.77% Cu eq.*) and step out holes Hole LAV-117 that intersected 0.61% Cu over 34 metres including 0.78% Cu over 18 metres and LAV-118 that intersected 0.50% Cu and 0.013% Mo (0.59% Cu eq.*) over 44 metres including 0.64% Cu and 0.01% Mo (0.71% Cu eq.*) over 10 metres.

LAV-112 was drilled on section 1200NE on the east side of the Rocin River. The highest grade mineralization occurs in biotite-magnetite altered porphyritic andesite containing chalcopyrite and traces of molybdenite in veinlets.

LAV-114 is an infill hole drilled on section 1100NE on the east side of the Rosin River. The near surface 28 metre interval grading 0.52% Cu occurs in quartz-sericite altered tonalite containing chalcopyrite and chalcocite.

LAV-115, 116 and 119 were drilled in the north where limited drilling has been carried out to date. All three holes intersected anomalous to low grade copper mineralization in quartz-sericite altered diorite.

LAV-117 was drilled on the eastern edge of the known mineralization, and intersected dominantly andesite and diorite porphyry, with an 82.75 metre intersection of breccia that contained the best mineralized interval grading 0.61% Cu over 34 metres.

LAV-118 was a step out hole drilled 100 metres northeast of LAV-117 on section 1300NE. The hole intersected biotite - magnetite altered porphyrytic andesite over most of the length, with two narrow breccia intervals between 73 and 90 metres and 103 and 126 metres. The best mineralization is associated with porphyritic andesite and the second breccia interval that contains covellite and chalcocite mineralization in addition to chalcopyrite.

A summary of results from the eleven holes is given in the table below. Drill hole location maps and sections can be viewed at the Los Andes website www.losandescopper.com.

Hole ID

Total Depth 
(m)

 Inclination

 Azimuth

From
(m)

To
(m)

interval
(m)

CuT
(%)

Mo  
(%)

CuEq
%*

LAV-106

250

-70

290

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-110

156

-70

290

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-111

250

-70

290

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-112

350

-65

290

36

350

314

0.44

0.013

0.53

including

 

 

 

36

322

286

0.47

0.011

0.54

including

 

 

 

40

172

132

0.56

0.013

0.65

including

 

 

 

94

138

44

0.66

0.017

0.77

including

 

 

 

96

112

16

0.72

0.024

0.88

 

 

 

 

 

 

 

 

 

 

LAV-113

200

-70

290

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-114

250

-70

290

3.4

250

246.6

0.18

0.001

na

including

 

 

 

4

60

56

0.39

0.002

na

including

 

 

 

4

32

28

0.52

0.004

na

including

 

 

 

22

30

8

0.67

0.004

na

 

 

 

 

 

 

 

 

 

 

LAV-115

250

-70

110

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-116

250

-70

110

nsv

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LAV-117

270

-75

110

6.15

270

263.85

0.22

0.004

na

including

 

 

 

6.15

182

175.85

0.30

0.006

na

including

 

 

 

6.15

34

27.85

0.42

0.005

na

and

 

 

 

72

106

34

0.61

0.006

na

including

 

 

 

72

90

18

0.78

0.004

na

 

 

 

 

 

 

 

 

 

 

LAV-118

350

-70

290

6

350

344

0.28

0.008

na

including

 

 

 

72

350

278

0.32

0.009

na

including

 

 

 

74

172

98

0.43

0.015

0.53

including

 

 

 

90

134

44

0.50

0.013

0.59

including

 

 

 

124

134

10

0.64

0.010

0.71

and

 

 

 

294

298

4

0.79

0.004

na

 

 

 

 

 

 

 

 

 

 

LAV-119

198

-70

290

24

198

174

0.10

0.005

na

 (*Copper equivalent is calculated for Mo values greater than 0.01% using US$1.50/lb Cu and US$10.00/lb Mo according to the formula CuEq% =Cu% + (Mo% x 10.00/1.50) and is not adjusted for metallurgical recoveries or net smelter return which remain uncertain and are assumed to be 100%).

Based on drilling to date, the Vizcachitas mineralization remains open to the south, east and at depth. While results in the north have generally been of lower grade than those in the south, insufficient drilling has been completed to define the northern limit of mineralization. The western limit of mineralization has been well defined by the drilling over the last year. Recently however, a large north-south trending alteration zone, the "Western Ridge Zone", visible on aerial photographs and located approximately 1,000 metres west of the main focus of drilling, has been investigated. Initial reconnaissance mapping indicates that the zone measures up to 300 metres wide and 1,500 metres along strike and consists mainly of quartz-sericite altered andesite. This zone may represent the continuation of the Vizcachitas hydrothermal system to the west of the diorite intersected in drilling along the currently known western limit of mineralization. An image showing this altered zone is included in the updated corporate presentation available on the Company's website www.losandescopper.com. Similar colour anomalies visible elsewhere on the 60 km2 property will be investigated during the ongoing reconnaissance exploration program.

Los Andes continues drilling with two rigs at Vizcachitas and plans to complete a further 1,800 metres of drilling by the end of May. While drilling will continue to define the limits of mineralization at Vizcachitas, an updated resource calculation will be completed in early June, following which a scoping study/initial economic assessment will begin.

Roger Moss, Ph.D., P.Geo, is the qualified person as defined by National Instrument 43-101 for the Vizcachitas Project. Logging, sampling and splitting of the drill core is conducted at the Vizcachitas site by independent consultants Geologica LTDA. under the direct supervision of geologist Ramon Fam. Samples are securely transported by Geologica staff to the SGS Laboratory in Santiago Chile and analyzed for copper and molybdenum by atomic absorption following a three acid digestion. Dr. Moss and Mr. Fam have visited the laboratory and are satisfied that the sample preparation and analytical procedure is consistent with standard industry practice. Los Andes routinely inserts standards, duplicates and blanks into the sample stream and sends 5% of sample rejects to Actlabs for check analysis.

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 large copper-molybdenum porphyries Rio Blanco-Los Bronces, Los Pelambres-El Pachon and El Teniente. Based on 68 drill holes previously completed by General Minerals Corporation and Placer Dome, the project contains an indicated resource of 232 million tonnes grading 0.46% copper and 0.014% molybdenum and an inferred resource of 619 million tonnes grading 0.38% copper and 0.013% molybdenum at a 0.30% copper cutoff  as detailed in the NI43-101 compliant technical report of A.C.A. Howe International Limited dated February 7, 2007. The technical report, as well as additional information about the Vizcachitas Project is available on our website at www.losandescopper.com.

  For more information please contact:  
     
  Michael Kuta, Corporate Secretary   Tel: 604-697-6201 or
     
  Roger Moss, President   Tel: 416-516-6050
     
  E-Mail: info@losandescopper.com or visit 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

Click here to be removed from this list

Data and Statistics for these countries : Chile | All
Gold and Silver Prices for these countries : Chile | All

LOS ANDES COPPER

EXPLORATION STAGE
CODE : LA.V
ISIN : CA5443121010
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

LOS ANDES COPPER is a copper exploration company based in Canada.

LOS ANDES COPPER holds various exploration projects in Chile.

Its main exploration property is VIZCACHITAS in Chile.

LOS ANDES COPPER is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.6 billions as of today (US$ 1.9 billions, € 1.8 billions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.03, and its highest recent level on April 26, 2024 at CA$ 10.74.

LOS ANDES COPPER has 244 860 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of LOS ANDES COPPER
4/11/2019After legal battle, Los Andes Copper's past drilling campaig...
Financings of LOS ANDES COPPER
8/22/2008Announces Completion of $7.5 Million Private Placement
7/23/2008Announces $7.5 Million Private Placement To Fund Ongoing Exp...
1/14/2008 Announces Completion of $500,000 Private Placement
12/19/2007Announces Private Placement of 1,000,000 Units
11/26/2007 Announces Completion of its $6 Million Private Placement pl...
Option Grants of LOS ANDES COPPER
4/30/2008 Announces Issuance of Stock Options
12/3/2007Announces Issuance of Stock Options
Project news of LOS ANDES COPPER
5/15/2013(Vizcachitas)Engages Coffey Mining and Alquimia Conceptos S.A. for Vizcac...
2/5/2009(Vizcachitas)Final Drilling Results From The 2008 Program At Vizcachitas
8/6/2008(Vizcachitas)Intersects 26 metres grading 0.95% Cu and 0.02% Mo (1.08% C...
7/16/2008(Vizcachitas)Reports Significant Increase of Indicated Resources in an Up...
6/26/2008(Vizcachitas)Appoints AMEC to Conduct a Scoping Study on the Vizcachitas ...
6/13/2008(Vizcachitas)MINING FLASH: Los Andes Copper Ltd. (LA-V) - Vizcachitas Con...
6/12/2008(Vizcachitas)Intersects 138 metres grading 0.71% Cu equivalent within 65...
5/14/2008(Vizcachitas)Extends Vizcachitas Mineralization Eastwards
4/2/2008(Vizcachitas)Intersects 0.57% Cu Over 218 Metres
3/27/2008(Vizcachitas)Completes Acquisition of Consumptive Water Rights for Vizcac...
2/27/2008 Intersects 0.41% Cu Over 432 Metres
1/25/2008(Vizcachitas)Acquire Consumptive Water Rights for Vizcachitas
12/17/2007(Vizcachitas)Intersects 353.2 metres grading 0.59% and 66 metres grading ...
10/2/2007Los Andes Intersects 220 Metres Grading 0.52% Cu and 0.015% ...
8/23/2007Intersects 240 Metres Grading 0.40% Cu and 0.017% Mo at Vizc...
Corporate news of LOS ANDES COPPER
4/1/2016Los Andes Announces The Final Assay Results From The 2015-20...
10/23/2015Los Andes Announces Extension Of Current Private Placement O...
10/5/2015Los Andes Announces First Tranche Closing
9/10/2015Los Andes To Raise Approximately $2.3 Million
9/1/2015Los Andes Announces Grant Of Stock Options
12/24/2014Los Andes To Raise Approximately $2.1 Million
6/17/2014Los Andes Announces Hydroelectric Project Development Agreem...
8/22/2013Announces Acquisition of Water Rights and Hydroelectric Proj...
3/1/2011Announces a Private Placement for Up to $935,000
1/27/2009Announces Restatement of 2007 Financial Statements
1/16/2009announces Agreement for Restructuring of Option Payments
6/13/2008Cambridge House Invite
11/29/2007Be featured on CEO Clips on The Biography Channel
10/30/2007Drills 324.5 metres grading 0.45% Cu and 0.011% Mo at the Vi...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (LA.V)OTHER OTC (LSANF)
10.74+1.32%8.04+3.77%
TSX-V
CA$ 10.74
04/26 11:54 0.140
1.32%
Prev close Open
10.60 10.73
Low High
10.73 10.79
Year l/h YTD var.
10.15 -  13.00 -12.33%
52 week l/h 52 week var.
9.53 -  19.00 -11.97%
Volume 1 month var.
800 0.374%
24hGold TrendPower© : 21
Produces
Develops
Explores for Copper - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/7/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-3.68%
2023-15.53%19.1010.20
202216.71%17.7311.00
202161.57%9.9910.00
20201650.00%7.500.20
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.23+2.43%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.12%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.65-1.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.99+2.50%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.85-1.07%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.37-0.46%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :