Los Andes Copper Ltd.
Los Andes Copper's 100%-owned Vizcachitas copper-molybdenum porphyry project sits along Chile's prolific copper belt roughly 150km north of Santiago, with a 2023 Pre-Feasibility Study outlining a US$2.78 billion after-tax NPV8% and 24.2% IRR, backed by US$34 million in strategic investment from Queen's Road Capital and Ecora Resources as the company works toward a feasibility study.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.7/10.
Lifecycle Milestones
Not in place: mill, tailings facility, grid power.
Jurisdiction (40%)6/10
Chile is one of Latin America's most stable, mining-friendly jurisdictions with a mature mining code, though it still carries incremental permitting and social-license risk relative to Canada/US/Australia.
Infrastructure (40%)2.9/10
No confirmed mill, confirmed road access, no confirmed grid power, and no confirmed tailings facility at Vizcachitas Project, Valparaíso Region, Chile.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:8/10
Stage: Pre-Feasibility Study
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Chile: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:8/10
Primary commodity: Copper
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Controller of Los Andes Copper Ltd. Certified Accountant with more than 30 years of experience at multinational firms, bringing extensive regional financial experience from Chile and Peru.
Manager, Public Affairs of Los Andes Copper Ltd. Sociologist with a Master's in Political Communication and 10 years of community management experience with utilities and mining companies.
Interim Chief Executive Officer and Chief Geologist of Los Andes Copper Ltd., appointed interim CEO effective February 19, 2026 following Santiago Montt's resignation to become Chile's Minister of Mines. A Chartered Geologist with 32 years of experience across Asia, Africa and South America, and a Qualified Person under NI 43-101. Has managed exploration projects and founded a geological consulting firm in Chile specializing in project evaluation and technical reports.
Mining Project Director of Los Andes Copper Ltd. Mining Engineer with over 40 years of experience in Chilean and international mining, having acted in Mine Manager, General Manager and Project Director roles across greenfield and brownfield mining projects including Los Pelambres, Antamina, Collahuasi and Spence. Recently led the Norte Abierto joint venture for Newmont and Barrick.
Senior Mining and Project Consultant of Los Andes Copper Ltd. Mining Engineer with 30 years of experience in operations, planning and projects. Formerly Vice President of Project Construction at Barrick Gold and Vice President of Projects at Xstrata, where he led the expansion of the Collahuasi copper project.
Director of Corporate Affairs and Sustainability of Los Andes Copper Ltd. Lawyer with extensive corporate and community affairs experience, previously managing community and stakeholder affairs at CMPC and working for the Chilean government on public service coordination.
Geologist Consultant of Los Andes Copper Ltd. Geologist with more than 35 years of experience in Chile and internationally. Worked at Antofagasta Minerals and Placer Dome, and served as head of exploration geology for the El Salvador Division at Codelco.
Chief Financial Officer of BP Silver Corp.; also Chief Financial Officer of Los Andes Copper Ltd. and Pacific Ridge Exploration Ltd. A Managing Director of Malaspina Consultants Inc., providing CFO and strategic financial advisory services to clients across many industries. A CPA CMA with a BCom from the University of British Columbia.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Los Andes Copper's register includes a high-confidence specialist: Resource Capital Fund VI L.P. (managed by RCF Management, LLC), one of the most established mining-sector-dedicated private equity fund families globally, holds 12.89% -- comfortably clearing the top specialist band on its own. A handful of smaller named holders round out the register, none individually material. One director, Warren Philip Gilman, bought shares on the open market in April 2026; no producer or corporate strategic backer is disclosed, and the roughly 47.8% of the register that isn't individually named could not be further attributed.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Los Andes Copper owns 100% of the Vizcachitas copper-molybdenum porphyry project in Chile's Valparaíso Region, about 150 km north of Santiago, planned as an open-pit mine. Its February 2023 pre-feasibility study shows an after-tax NPV8% of US$2.77B and a 24% IRR at US$3.68/lb copper, US$12.9/lb molybdenum and US$21.79/oz silver, with initial capital of US$2.441B, a 26-year mine life at 136,000 t/d and an all-in sustaining cost of US$2.35/lb. The study reports measured and indicated resources containing 13,021,000,000 lb of copper, and proven and probable reserves of 1,220 Mt containing 9.623 billion lb of copper. Queen's Road Capital and Ecora Resources have made strategic investments totalling US$34M, and the company is working toward a feasibility study, for which no timeline has been announced.