Los Andes Copper envisions big project at Vizcachitas

Los Andes Copper (TSXV: LA) says its Vizcachitas project — a copper-molybdenum porphyry deposit 150 km northeast of Santiago, in central Chile — will be the South American country’s next major copper mine. The project, which would produce copper and molybdenum concentrates from an open-pit mine and concentrator, sits at a relatively low elevation of 2,000 metres above sea level, and is just 65 km from a railway in San Felipe, with connections to the Port of Ventanas and the Ventanas smelter, 140 km away, and the Chagres smelter, 90 km from the deposit. A preliminary economic assessment of the project, released in early June, outlines a 45-year mine life at a 110,000-tonne-per-day processing rate, and initial US$1.87-billion capital expense. Continue reading at The Northern Miner.