Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Los Andes Copper welcomes final results from pre-feasibility metallurgical testing on flagship Chile project

% of readers think this story is Fact. Add your two cents.


Los Andes Copper Ltd (CVE:LA) (OTCMKTS:LSANF) (FRA:L41A) has welcomed the final results of metallurgical testing on ore from its Vizcachitas porphyry project in Chile, which confirmed that a future mine could produce “clean and high-quality” copper concentrate. 

The work was part of the ongoing pre-feasibility study (PFS) for the asset, which is set to become the South American country’s next copper mine, and showed copper recovery of 91.4% and that a high-quality clean copper concentrate at 24.5% could be generated.  

READ: Los Andes Copper hails improved recoveries of copper and moly using updated flotation method for Chile project

“This testwork validates the flotation performance when the operating parameters are applied to the more complex areas of the mine,” noted Los Andes’ executive chairman Fernando Porcile in a statement.

“These results are encouraging and give us confidence as we continue to progress the development of the project, focusing on delivering sustainable mining, including a reduction in both its water and energy consumption.”

Samples from the project were selected to best represent the composition of the geological features that would be mined over the first 12 years of the mine plan.

This is also the period in which the most complex mineralogy and alteration would be exploited, and thus present the toughest conditions for the flotation circuit.

The Vizcachitas deposit sits in a huge land package, spanning 308 square kilometres (sq km), of which only a small portion has so far been explored, and is currently at PFS.

A positive 2019 preliminary economic assessment (PEA) assumed an overall life of mine copper recovery of 91.0% and using a copper price of US$3.50 a pound, the after-tax net present value (NPV) was pegged at US$2.7 billion, while the internal rate of return (IRR) was 26.7%.

Initial capex was put at US$1.88 billion for a project with 3.4 year pay-back time and a mine life of 45 years.

Contact the author at [email protected]

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/945606/los-andes-copper-welcomes-final-results-from-pre-feasibility-metallurgical-testing-on-flagship-chile-project-945606.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST


Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.