Los Andes Copper is a Canadian exploration and development company that holds an interest in the advanced stage Vizcachitas porphyry copper-molybdenum deposit in Region V, Chile. Vizcachitas is located in an area of excellent infrastructure including available water, road access to the site, power approximately 40km away and ports and smelters within 200km. The deposit has the potential for a low strip open pit operation.

The Vizcachitas deposit is located in the prolific central Chile Late Miocene-Pliocene metallogenic belt that also includes the world class El Teniente (78.64Mt Cu), Los Pelambres/El Pachon (26.42Mt Cu) and Rio Blanco/Los Bronces (52.43Mt Cu) deposits. The geology is typical of Andean porphyry copper molybdenum deposits and shares several characteristics with other deposits in the belt.

To date, an interim NI43-101 compliant indicated sulphide resource of 515M tonnes grading 0.39% Cu and 0.011% Mo (0.46% CuEq), and an inferred sulphide resource of 572M tonnes grading 0.34% Cu and 0.012% Mo (0.41% CuEq) at a 0.3% CuEq. cut-off have been defined on the property. These resources represent a total of 8.72 billion pounds of contained copper and 276 million pounds of contained molybdenum. A small resource of oxide/transitional material is also present. Los Andes continues drilling on the property to expand these resources. Recently, Los Andes engaged AMEC to undertake a scoping study/preliminary economic analysis. This study is expected to be completed by March 2009.