Los Andes Copper Appoints AMEC to Conduct a Scoping Study on the ...

Tag : Copper Concentrates
VANCOUVER, BRITISH COLUMBIA - (Marketwire - June 26, 2008) - LosAndes Copper Ltd. ("Los Andes", or the "Company") (TSXVENTURE:LA)(PINK SHEETS:LSANF) announces that AMEC has begun ascoping study on the Vizcachitas Project in Central Chile.
AMEC is an international engineering consulting firm with extensiveexperience in geology, resource evaluation, mining, mineralprocessing, infrastructure, environment, cost estimation andfinancial analysis on projects worldwide. AMEC's recent experiencewith similar projects in Chile will be beneficial for the timelycompletion of the study, expected to be the fourth quarter of 2008.
The objectives of the study include:
- To map the options available for the development of the project;
- To evaluate the economic merits of the project;
- To determine the work required for the next(pre-feasibility/feasibility) stage of the project.
The study will consider an open pit mine with milling and flotationof the Vizcachitas mineralization to recover copper and molybdenumin concentrates and will also investigate key infrastructure itemsincluding access, water and energy supply and shipping. An updatedresource estimate to be completed during July, will form the basisof the work.
Dr. Roger Moss, President of Los Andes Copper, stated, "the startof the scoping study within one year of initiating work on theproject indicates the company's ability to progress the VizcachitasProject through the necessary milestones to development. We arepleased that AMEC is able to put their extensive experience inChile to work for us in the completion of the scoping study."
Roger Moss, Ph.D., P.Geo, is the company's qualified person for theVizcachitas Project as defined by National Instrument 43-101 andhas approved the contents of this release.
About Vizcachitas
The Vizcachitas Project offers potential for a low strip, open pitoperation in an area of low elevation with excellentinfrastructure, including water and power in central Chile. TheVizcachitas deposit occurs in the same metallogenic belt as thelarge copper-molybdenum porphyries Rio Blanco-Los Bronces, LosPelambres-El Pachon and El Teniente. Based on 68 drill holespreviously completed by General Minerals Corporation and PlacerDome, the project contains an indicated resource of 232 milliontonnes grading 0.46% copper and 0.014% molybdenum and an inferredresource of 619 million tonnes grading 0.38% copper and 0.013%molybdenum at a 0.30% copper cutoff as detailed in the NI43-101compliant technical report of A.C.A. Howe International Limiteddated February 7, 2007. The technical report, as well as additionalinformation about the Vizcachitas Project is available on ourwebsite at www.losandescopper.com.
This document contains certain forward looking statements whichinvolve known and unknown risks, delays and uncertainties not underthe Company's control which may cause actual results, performanceor achievements of the Company to be materially different from theresults, performance or expectation implied by these forwardlooking statements.
The TSX Venture Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of this release.Website: www.losandescopper.com