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Los Andes Copper Ltd.

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Summary

Project:

Vizcachitas

Deposit:Vizcachitas
Location:Chile
Commodities:Copper-Molybdenum-Silver
Date:9/27/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-9-2017: Los Andes Copper Ltd. announces an Exploration/Drilling Update report for its Vizcachitas deposit at the Vizcachitas project. Drilling results incl. 506.0m @ 0.57% Cu, 357ppm Mo, 1.5g/t Ag from 514.0m. Vancouver, British Columbia--(Newsfile Cor
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Antony J. Amberg (Internal)
ABSTRACT:Vancouver, British Columbia--(Newsfile Corp. - September 27, 2017) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes", or the "Company") is very pleased to announce the results of drill holes V2017-08, V2017-09B, V2017-10 and V2017-11. Following the results already published for the 2017 campaign, these results provide support to the extension to the north of the current central core, with some of the highest grade intersections in the deposit being encountered in V2017-10, the northernmost hole of this campaign. Results also provide further support to the continuity of higher grade mineralization near surface in the project's central core, over an area of 350 metres north-south by 400 metres east-west. Historical drilling was carried out on the Vizcachitas project in three exploration campaigns during 1993, 1996/1997 and 2007/2008. However, the higher grade central core had only been drilled in the 1990's campaigns and with generally shallower drill holes, therefore not properly reflecting the potential of this core area. During 2014, a complete review of the historical information was performed to better understand the project, including re-logging all of the 146 drill holes located within the property. The re-logging was led byGonzalo Saldias, a Chilean geologist and one of the most recognized experts in Chilean porphyry systems. This detailed review showed that the historical logging and geological model had not properly identified the importance of the higher grade early diorite porphyry and hydrothermal breccias. The relogging showed that these higher grade geological units extend over a distance of 1,400 metres north-south and 700 metres east-west. The mapping showed that these breccias have grades increasing with depth and demonstrates the potential for higher grades below the historical drilling.

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