Property Status
The Vizcachitas project consists of three essentially concentric rings of claims. In the center of the property and of the currently known mineralized zone, lies the San Jose concession held by Sociedad Minera San Jose of which Los Andes owns 51%, with a JV partner holding the balance. The Mena Properties, a group of five concessions covering 1,107 ha under option to Los Andes, lie adjacent to the San Jose claims. Los Andes is currently fulfilling its obligations to acquire a 100% interest in the Mena Properties for consideration of US$5M paid in installments over four years commencing in Sept 2005. Surrounding the San Jose and Mena Properties, Los Andes Copper directly owns 100% of the mineral rights to 5,769 ha consisting of 30 concessions.
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