Los Andes Copper Announces Corporate Update
Los Andes Copper provides a corporate update highlighting three main developments: First, a UAV magnetic survey by MWH Geo-Surveys over the Vizcachitas Project and prospective areas, confirming potential extensions and previous geological findings. Second, the successful launch of their second Female Entrepreneurs program, receiving 318 applications with 41 women selected to participate. Third, the company signed two community agreements to explore environmental offset possibilities for the Vizcachitas Project. The company's community engagement efforts reached 1,930 residents through a door-to-door program and expanded partnerships for mining-related education.
Los Andes Copper fornisce un aggiornamento aziendale evidenziando tre sviluppi principali: Primo, un sondaggio magnetico UAV condotto da MWH Geo-Surveys sul Progetto Vizcachitas e aree prospettiche, che conferma potenziali estensioni e le scoperte geologiche precedenti. Secondo, il lancio riuscito del loro secondo programma per imprenditrici, con 318 candidature ricevute e 41 donne selezionate per partecipare. Terzo, l'azienda ha firmato due accordi con la comunità per esplorare possibilità di compensazione ambientale per il Progetto Vizcachitas. Gli sforzi di coinvolgimento della comunità dell'azienda hanno raggiunto 1.930 residenti attraverso un programma porta a porta e hanno ampliato le partnership per l'educazione relativa all'industria mineraria.
Los Andes Copper ofrece una actualización corporativa destacando tres desarrollos principales: Primero, un estudio magnético con UAV realizado por MWH Geo-Surveys sobre el Proyecto Vizcachitas y áreas prospectivas, confirmando posibles extensiones y hallazgos geológicos previos. Segundo, el exitoso lanzamiento de su segundo programa de Emprendedoras, que recibió 318 solicitudes con 41 mujeres seleccionadas para participar. Tercero, la empresa firmó dos acuerdos comunitarios para explorar posibilidades de compensación ambiental para el Proyecto Vizcachitas. Los esfuerzos de participación comunitaria de la empresa alcanzaron a 1.930 residentes a través de un programa puerta a puerta y ampliaron las asociaciones para la educación relacionada con la minería.
로스 안데스 구리는 세 가지 주요 발전 사항을 강조하는 기업 업데이트를 제공합니다: 첫째, MWH 지오-서베이(MWH Geo-Surveys)가 비스카키타스 프로젝트 및 잠재 지역에서 실시한 UAV 자기 조사로, 잠재적인 확장 가능성과 이전의 지질학적 발견을 확인했습니다. 둘째, 그들의 두 번째 여성 기업가 프로그램이 성공적으로 시작되어 318건의 지원서를 받아 41명의 여성이 참가자로 선정되었습니다. 셋째, 회사는 비스카키타스 프로젝트를 위한 환경 보상 가능성을 탐색하기 위해 두 개의 지역 사회 협약을 체결했습니다. 회사의 지역 사회 참여 노력은 가가호호 방문 프로그램을 통해 1,930명의 주민에게 도달했으며, 광업 관련 교육을 위해 파트너십을 확대했습니다.
Los Andes Copper fournit une mise à jour d'entreprise soulignant trois développements principaux : Premièrement, une enquête magnétique UAV réalisée par MWH Geo-Surveys sur le projet Vizcachitas et les zones prospectives, confirmant des extensions potentielles et les découvertes géologiques précédentes. Deuxièmement, le lancement réussi de leur deuxième programme pour entrepreneuses, avec 318 candidatures reçues et 41 femmes sélectionnées pour participer. Troisièmement, l'entreprise a signé deux accords communautaires pour explorer les possibilités de compensation environnementale pour le projet Vizcachitas. Les efforts d'engagement communautaire de l'entreprise ont atteint 1.930 résidents grâce à un programme porte à porte et ont élargi les partenariats pour l'éducation liée à l'exploitation minière.
Los Andes Copper gibt ein Unternehmensupdate bekannt und hebt drei wichtige Entwicklungen hervor: Erstens, eine UAV-Magnetuntersuchung von MWH Geo-Surveys über das Vizcachitas-Projekt und angrenzende Gebiete, die potenzielle Erweiterungen und frühere geologische Funde bestätigt. Zweitens, der erfolgreiche Start ihres zweiten Programms für Unternehmerinnen, das 318 Bewerbungen erhielt, von denen 41 Frauen ausgewählt wurden, um teilzunehmen. Drittens unterzeichnete das Unternehmen zwei Gemeindevereinbarungen zur Erkundung von Möglichkeiten für Umweltkompensation im Zusammenhang mit dem Vizcachitas-Projekt. Die Gemeindeengagement-Bemühungen des Unternehmens erreichten 1.930 Bewohner durch ein Haustür-Programm und erweiterten Partnerschaften für bergbaubezogene Bildung.
- Magnetic survey confirms potential project extensions towards west and north-east
- Strong community engagement with 1,930 residents reached
- Successful implementation of Female Entrepreneurs program with 318 applications
- Two new community agreements signed for environmental offset possibilities
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2024) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") is pleased to provide a corporate update.
Highlights
- UAV magnetic survey, carried out by MWH Geo-Surveys Ltd ("MWH") and processed by Geophysics Minerals LLC ("GeoM"), over identified prospective areas of the Company's property as well as over the Vizcachitas Project ("Vizcachitas" or the "Project").
- Successful launch of second Female Entrepreneurs program (the "Program") and renewal of the partnership to develop mining-related skills at local high schools and universities.
- Two community agreements signed to look at potential for environmental offset for the Vizcachitas Project.
MWH acquired magnetic data spanning the northern area of the Company's property and the Vizcachitas Project during the summer. The results have corroborated previous early-stage geological work carried out over the northern area of the property (5 kms north of the Vizcachitas Project) and provided more insight to the targets identified there. They also reiterated previous work which highlighted the potential extensions of the Vizcachitas Project towards the west and north-east, as reported in the pre-feasibility study and drilling announcements.
Securing and maintaining the social license to operate and enhancing community engagement continue to be a key focus for Los Andes. Notable achievements so far this year include a door-to-door outreach program that enabled us to connect personally with 1,930 residents in Putaendo County and the successful launch of the second iteration of our Female Entrepreneurs program. We had 318 applications for the Program, of which 41 women were invited to participate. We also renewed and expanded our partnership aimed at developing mining-related skills at local high schools and universities, in collaboration with key national organizations Fundacion Chile and CCM-Eleva. Furthermore, this year marked the signing of our first collaboration agreement with a local water association in the Putaendo Valley.
During October, Los Andes entered into agreements with two communities in Putaendo that own large parcels of land. The plan is to work together during the next 12 months, study the biodiversity properties of their land, and determine whether an environmental offset for the Vizcachitas Project is conceptually possible to be developed in these areas. This project is technically supported by the international consulting firm ERM, who will work with the communities to collaboratively understand preliminary biodiversity offset measures in line with their interests and expectations on the use of land.
Santiago Montt, CEO of Los Andes, commented: "The magnetic work carried out over the summer has provided us with valuable information on exploration targets in the north of the property, as well as on the extensions of the Project to the west and north-east. Work will now focus on the next steps for the non-explored areas of the property as we continue to highlight the potential upside over the wider licence area.
"We have made some notable achievements this year with our community outreach programs which remain a vital part of our work to advance the Project. We are very pleased with the response and look forward to continuing to work closely with the community to highlight the benefits Vizcachitas will bring. This includes the conceptual development of the environmental offset project that could benefit community properties which have remained underused as a consequence of drought and climate change."
About Los Andes Copper Ltd.
Los Andes Copper Ltd. is an exploration and development company with an
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, is available on the Company's SEDAR profile.
Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.
Qualified Persons
Antony Amberg CGeol FGS, the Company's Chief Geologist, is the qualified person who has reviewed and approved the scientific and technical information contained in this news release.
For more information please contact:
Santiago Montt, CEO
santiago.montt@losandescopper.com
Tel: +56 2 2954-0450
Elizabeth Johnson, Investor Relations
Elizabeth.johnson@losandescopper.com
E-Mail: info@losandescopper.com or visit our website at: www.losandescopper.com
Follow us on twitter @LosAndesCopper
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Certain of the information and statements contained herein that are not historical facts, constitute "forward-looking information" within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) ("Forward-Looking Information"). Forward-Looking Information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend"; statements that an event or result is "due" on or "may", "will", "should", "could", or might" occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information. Such Forward Looking Information includes, without limitation, the timing of and ability to obtain TSX-V and other regulatory approvals and the prospects, details related to and timing of the Vizcachitas Project. Such Forward-Looking Information is based upon the Company's assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy and the Company's production. Among the factors that have a direct bearing on the Company's future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229601
FAQ
What did the UAV magnetic survey reveal for Los Andes Copper (LSANF) in 2024?
How many residents did Los Andes Copper (LSANF) reach through their door-to-door program?
What are the details of Los Andes Copper's (LSANF) Female Entrepreneurs program in 2024?
What environmental initiatives did Los Andes Copper (LSANF) announce in October 2024?
