Los Andes Copper Ltd. · TSXV:LA
Los Andes Copper — Investor Presentation (April 2016)
35 slides from Los Andes Copper's investor presentation, April 2016
Slide 1: Investor Presentation
Investor Presentation April 2016 TSX-V: LA
Slide 2: Cautionary Statement
Cautionary Statement Statements contained in this presentation that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and forward looking information within the meaning of the Securities Acts of Ontario and Alberta.
Slide 3: Table of Contents
Table of Contents Executive Summary The Vizcachitas Project Hydroelectric Project Corporate Team 3
Slide 4: Executive Summary
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Slide 5: Project Overview
Project Overview Largest undeveloped copper project in the Americas Los Pelambres El Pachon that remains independent Copper-molybdenum porphyry deposit • 2015 – 2016 drilling demonstrates the presence of higher grade mineralization Chile Vizcachitas • Project open to east, west, north and at dep
Slide 6: Comparative Undeveloped Copper Projects
Comparative Undeveloped Copper Projects 2014 Vizcachitas NI 43-101 Compliant Resource Estimate (1) Cut-off Tonnes CuEq Grade Cu Grade Mo Grade Cu Mo (CuEq. %) (Million) (%) (%) (%) (Million lbs) (Million lbs) Indicated 0.30 1,038 0.434 0.373 0.012 8,539 281 Inferred 0.30 318 0.405 0.345 0.013 2,415
Slide 7: Project History
Project History 2015-2016: 2013-2014: Higher grade central core drill program to New resource upgrade resource estimate including estimate and 2010: all 146 drill holes confirm the new Publishes positive geological model 2007 – 2008: Consolidation of mining Preliminary 1980s - 1990s: Los Andes Econo
Slide 8: Investment Highlights
Investment Highlights • One of the largest undeveloped copper projects not controlled by majors Very Large • Few remaining high quality, large scale copper assets that remain independent Resource • Vizcachitas 2014 Cu resource of 8.5 billion lbs indicated and 2.4 billion lbs inferred Base • Total co
Slide 9: The Vizcachitas Project
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Slide 10: Concession Area
Concession Area 100%-owned by Los Andes Copper Project exploration and exploitation concessions covering ~ 250 km2 Only 9km2 of concession area has been significantly explored 10
Slide 11: Geological District
Geological District North-south trending Neogene (23 - 2.5 Ma) metallogenic belt Surrounded by assets owned by Codelco and Antofagasta Minerals Region hosts 3 of the largest copper porphyry systems in the world • Los Bronces – Rio Blanco (101 billion lbs Cu) • El Teniente (283 billion lbs Cu)
Slide 12: Drilling Campaigns
Drilling Campaigns No. of Drill Meters Exploration Company Period Holes Drilled Focus Central portion Placer Dome 1993 6 1,953 of property General Central portion 1995 - 1998 61 15,815 Minerals Corp. of property Los Andes South of 2007 - 2008 79 22,616 Copper Central core Los Andes 2015 - 2016
Slide 13: 2014 Mineral Resources
2014 Mineral Resources Indicated Resources Cut-off Tonnage Cu Eq Cu Grade Mo Grade Cu Mo (CuEq. %) Mt % % % Mlb Mlb 0.20 1,317 0.396 0.341 0.011 9,913 318 0.25 1,191 0.414 0.356 0.012 9,353 305 0.30 1,038 0.434 0.373 0.012 8,539 281 0.35 824 0.462 0.396 0.013 7,201 240 0.40 566 0.501 0.431 0.014 5,3
Slide 14: New Geological Model
New Geological Model Relogged all 40,000 metre of drill core Identified importance of early mineralizing events • Delineated higher grade early dioritic porphyry • Distribution of hydrothermal breccias • The central higher grade core extends over an area of at least 1,400 by 700 metres • The proje
Slide 15: 2015 / 2016 Drilling platforms
2015 / 2016 Drilling platforms 15
Slide 16: Vertical Section 1600 – New Geological Model
Vertical Section 1600 – New Geological Model Source: PEA 2014 Block Model, cut-off of 0.3 % Cu Eq 16
Slide 17: Vertical Section 1800 – New Geological Model
Vertical Section 1800– New Geological Model 17
Slide 18: 2014 Cu Block Model
2014 Cu Block Model Legend Drill Holes Block Values Cu% Historical Drilling Drill Hole Trace >=0.7 0.3 to 0.4 2015/2016 Drilling Topographic Surface Base of Open Pit 0.5 to 0.7 0.2 to 0.3 Section Line 0.4 to 0.5 < 0.2 Higher grade supergene Higher grade mineralization over 1.4 km by 0.7 km Min
Slide 19: 2015-2016 Drilling Campaign
2015-2016 Drilling Campaign The 2015/2016 Drilling Campaign demonstrates the presence of higher grade mineralization in the central core and supports the new geological model In preparation for the campaign, all the Selected Intersections historical drill core was relogged. This review showed that
Slide 20: 2016 Exploration Campaign
2016 Exploration Campaign 2016 drill program to focus on: • Test extensions of new geological model • Delineate early diorite porphyry and hydrothermal breccias • Deeper drilling in high grade area • Converting of inferred resource to indicated • Drilling extensions within PEA pit area • Drill tes
Slide 21: Exploration Potential
Exploration Potential 250 km2 of Mining and Exploration claims Limited exploration to date except for the project area Scout mapping has identified area of: Hydrothermal breccias Porphyritic intrusives Alteration areas Program of geological mapping and surface sampling planned for foll
Slide 22: 2014 PEA Project Layout
2014 PEA Project Layout Throughput – 176 ktpd • Mine – Owner operated fleet • Rope shovels – 56 m3 • Haul trucks – 363 tonnes • Plant • Two modules with SABC-B circuit with two ball mills per module • Infrastructure • North Waste Area – 1,000 Mt • South Waste Area – 900 Mt • Initial Tailings Storage
Slide 23: 2014 Preliminary Economic Assessment Overview
2014 Preliminary Economic Assessment Overview Project Parameters Initial Capex US$B $2.9 Economics Sustaining Capex US$B $0.7 Description Units Post Royalty Pre tax Mine Life Years 28 Throughput ktpd 176 Cu Price US$/lb $2.75 $3.00 $3.25 Cu Recovery % 90% Mo Recovery % 75% Mo Price US$/lb $13.64 $13
Slide 24: Recent Milestones
Recent Milestones Consolidation of mining property 2010 Exercise of outstanding mining options 2010 Capitalization and change of control 2010 Full payment of water rights 2011 Review of all historical drilling and metallurgical work 2011 – 2012 Update Resource Estimate 2013 Complete PE
Slide 25: Upcoming Milestones
Upcoming Milestones Central Core and metallurgical drilling program Q4 2015 – Q3 2016 Update resource estimate Q3 2016 Update/optimize PEA Q4 2016 Begin pre-feasibility study 2017 25
Slide 26: Community Relations
Community Relations Established relationship with the local authorities and regional/national regulatory entities Project will directly employ 4,000 people during construction and a full-time workforce of 1,200 people when in production Currently working with the community groups to present th
Slide 27: Hydroelectric Project
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Slide 28: Hydroelectric Project
Hydroelectric Project Overview Plant expected to be in operation in late 2018, with energy to be sold to third parties in the SIC (Central portion of the National Power Grid) Hydroelectric Plant contemplates two Pelton units with an aggregate installed capacity of 28 – 30 MW Development underw
Slide 29: Corporate Team
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Slide 30: Management & Board of Directors
Management & Board of Directors Management Mr. Amberg is a geologist who is a graduate of the Royal School of Mines, London, has an MSc. from Antony Amberg CEO, Chief Geologist University College London and is also a Chartered Geologist with the Geological Society of London. He has close to 30 years
Slide 31: Management & Board of Directors
Management & Board of Directors Management (cont’d) Ms. Davidson holds a Certified General Accountant designation from the Certified General Accountants Aurora Davidson Chief Financial Officer Association of British Columbia and a BSc in Business Administration from Alliant International University
Slide 32: Management & Board of Directors
Management & Board of Directors Board of Directors Dr. Zeitler obtained a PHD in economic planning at Karlsruhe University. He is a member of the Canadian Klaus Zeitler Chairman Institute of Mining and Metallurgy and the Prospectors and Developers Association. Dr. Zeitler financed, built and managed
Slide 33: Management & Board of Directors
Management & Board of Directors Board of Directors (cont’d) Mr. Miquel holds a degree in Mathematics applied to Social Sciences, and a degree in Economics from Paul Miquel Director the Universidad de Chile. He has been working in international investment banking since 1990. He has been Country Head
Slide 34: Why Invest in Los Andes Copper
Why Invest in Los Andes Copper Large NI 43-101 resource with a positive PEA Excellent access to infrastructure, including water and power Exploration upside with significant resource expansion potential Situated in mining friendly Chile in a highly prospective copper belt Ready to advance project to
Slide 35: Antony Amberg – CEO
For further information, contact: Antony Amberg – CEO antony.amberg@losandescopper.com Phone: +56 (2) 2954 0450 Website: www.losandescopper.com 35
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