Edison Cobalt Corp.
John G. Kelly.
Global Atomic Corp.
Los Andes Copper has named
Corrine Boone as a non-executive director with chair the newly environmental, social and governance committee. At the next AGM Warren Gilman will stand for election to the board.
Douglas Hurst has accepted a seat on the board of
New Found Gold. He is a founder of
Newmarket Gold.
Nouveau Monde Graphite.
Provenance Gold.
RME Holdings has named
Telson Mining Corp. has restructured its board with the addition of
Natascha Kiernan, Mark Bailey, Tom Kelly as independent directors and
David
Altaley Mining Corp.
TSX Venture up, April 26-30
The S&P/TSX Venture Composite Index rose 2.56% to finish the trading week at 955.26. Spot gold declined by US$7.80 per oz., or 0.44%, to US$1,769.10 per ounce.
Los Andes Copper jumped $1.72 to $10.00 per share. The company announced that it had received approval from Chile’s Regional Environmental Committee for drilling to start at its Vizcachitas copper-molybdenum project, about 120 km north of Santiago. According to the Canadian miner, the approval covers up to 350 drill holes to be completed over the next four years. The drilling is required to complete a prefeasibility study at Vizcachitas, which is currently underway. The permit also covers further exploration drilling and any other drilling that the project may require as its development advances. The company is moving forward with plans to build a 110,000-tonne-per-day operation, which it believes will be Chile’s next major copper mine.
Los Andes Copper secures environmental nod for drilling at Chilean mine 03 May 2021 (Last Updated May 3rd, 2021 12:09)
Los Andes Copper has secured approval to conduct drilling campaign at its Vizcachitas copper-molybdenum porphyry project in Chile.
The Vizcachitas Project will commenced production in 2025/2026. Credit: Mariusz Prusaczyk from Pixabay.
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Los Andes Copper has secured approval to conduct drilling campaign at its Vizcachitas copper-molybdenum porphyry project in Chile.
The Regional Environmental Committee (Comision de Evaluacion Ambiental) cleared the project’s drilling permit application submitted by Compañia Minera Vizcachitas, the wholly owned unit of Los Andes that owns the Vizcachitas Project.
With the approval, the firm will drill up to 350 holes on up to 124 platforms at the project site over the next four years.
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Vancouver, British Columbia (Newsfile Corp. - May 3, 2021) - Los Andes Copper Ltd. (TSXV: LA) ( Los Andes or the Company ) is pleased to announce that it has entered into an agreement with Queen s Road Capital Investment Ltd. (TSXV: QRC) ( Queen s Road Capital ) whereby Queen s Road Capital will invest US$5,000,000 in Los Andes by the way of convertible debenture (the Convertible Debenture ). The proceeds from the Convertible Debentures will be used for general corporate purposes.
The Convertible Debenture will have a five-year term, carry an eight percent coupon and will be convertible into common shares in the capital of the Company (
Common Shares ) at a share price of C$10.82. The interest is payable quarterly, five percent in cash and three percent in shares, at the 20-day volume weighted average price prior to the interest payment date.