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Los Andes Copper Ltd.
Summary
| Project: | Vizcachitas | |
|---|---|---|
| Deposit: | Vizcachitas | |
| Location: | Chile | |
| Commodities: | Copper-Molybdenum-Silver | |
| Date: | 8/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-8-2017: Los Andes Copper Ltd. announces an Exploration/Drilling Update report for its Vizcachitas deposit at the Vizcachitas project. Drilling results incl. 88.0m @ 0.6% Cu, 389ppm Mo, 1.5g/t Ag from 680.0m. Vancouver, British Columbia--(Newsfile Corp. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Antony J. Amberg (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - August 9, 2017) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes", or the "Company"), is very pleased to announce the results of the bottom portion of drill hole V2017-01A and all of V2017-02. Following the initial results published on June 30, 2017, these results further confirm the presence of higher grade mineralization in the project's central core. Historical drilling was carried out on the Vizcachitas project in three 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. In 2015, Los Andes began a drill program to confirm a new geological model and to demonstrate the extent of the central core mineralisation. A first stage of this campaign was completed in 2015/2016, with eight diamond drill holes totaling 3,661 metres. During 2017, Los Andes has carried out a second stage of this campaign with the purpose of demonstrating the northern and southern extension of the high grade core. | |
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