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Los Andes Copper Ltd V.LA

Alternate Symbol(s):  LSANF

Los Andes Copper Ltd. is a Canada-based exploration and development company, which is focused on developing the Vizcachitas copper-molybdenum porphyry project in Chile. The Company owns 100% of the Vizcachitas project, which is advanced copper deposits in the Americas. The project is a copper-molybdenum porphyry deposit, located approximately 150 kilometers (km) north of Santiago in the Rio Rocin Valley, at a road distance of approximately 46 kilometers from the town of Putaendo. The Vizcachitas Property includes a porphyry copper-molybdenum deposit that offers potential for a low strip, open pit operation. The Company owns approximately 52 exploitation mining concessions covering 10,771 hectares and 183 exploration claims covering a combined total of 51,000 hectares (including the Initial Properties).


TSXV:LA - Post by User

Post by templetooth2on Feb 24, 2023 1:26pm
273 Views
Post# 35303834

Question for copper experts

Question for copper expertsFrom the pre-feasibility study, I see that LA envisions a mill of 136,000 tonnes per day. I assume the company would run at 100% capacity or close to it. This is going to cost $2.4 Billion US.

Teck is just finishing the Quebrada Blanca construction project which is a little larger, 143.000 tonnes per day. I note that QB is at 4000 meters elevation versus Vizca. at 2000. Both operations are to use desalinated water. 

In late October, Teck released an updated capex estimate in the range of $7.4 - $7.75 Billion US.
How is it that Los Andes can build a similar-sized operation at one-third the cost???
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