Los Andes Appoints Ricardo Palma C. As Vice President of Development
Los Andes Appoints Ricardo Palma C. As Vice President
of Development
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2017) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes", or the
"Company") is pleased to announce the appointment of Mr Ricardo Palma C. as Vice President of Development for the
Company as well as Executive President for Compañia Minera Vizcachitas Holding, Los Andes's operating subsidiary in Chile.
Mr Palma is a Mining Engineer with over 40 years experience. Prior to Los Andes, he was General Manager (Division CEO) of
Codelco's Andina Division, which is located in the same region as Vizcachitas. Before joining Andina, Mr Palma was the
Country Manager in Chile for Yamana Gold, and worked on Barrick Gold's Pascua-Lama and Veladero projects. He also
worked on Cia Minera Dona Ines de Collahuasi, the joint venture controlled by Glencore and Anglo American, where he was
tasked with completing construction, commissioning and running of the original project.
Antony Amberg, President and CEO of Los Andes, commented:
"We are pleased to welcome Ricardo to Los Andes as its Vice President of Development and Executive President of
Compañia Minera Vizcachitas Holding.
"Mr Palma brings significant expertise to the Company as Los Andes transitions to the development phase of its Vizcachitas
project. He has extensive relevant experience and has worked on many of the largest copper projects in the world, and in South
America. His knowledge and track record in design, construction and operation of copper and gold projects, considerably
strengthens the management team on the ground.
"We look forward to working with him as we take the Vizcachitas project forward."
For more information please contact:
Antony J. Amberg, President & CEO
Tel:
+56 2 2954-0450
Aurora Davidson, CFO
Tel:
604-697-6207
E-Mail:
or visit our website at:
www.losandescopper.com
Certain of the information and statements contained herein that are not historical facts, constitute "forward-looking
information" within the meaning of the Securities Act (British Columbia),
Securities Act
(Ontario) and the
Securities Act
(Alberta) ("Forward-Looking Information").
Forward-Looking Information is often, but not always, identified by the use of words
such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend"; statements that an event or result is "due" on
or "may", "will", "should", "could", or might" occur or be achieved; and, other similar expressions.
More specifically, Forward-
Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company, or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such Forward-Looking Information; including, without limitation, the
achievement and maintenance of planned production rates, the evolving legal and political policies of Chile, the volatility in
the Chilean economy, military unrest or terrorist actions, metal and energy price fluctuations, favourable governmental
relations, the availability of financing for activities when required and on acceptable terms, the estimation of mineral
resources and reserves, current and future environmental and regulatory requirements, the availability and timely receipt of
permits, approvals and licenses, industrial or environmental accidents, equipment breakdowns, availability of and
competition for future acquisition opportunities, availability and cost of insurance, labour disputes, land claims, the inherent
uncertainty of production and cost estimates, currency fluctuations, expectations and beliefs of management and other risks
and uncertainties, including those described in Management's Discussion and Analysis in the Company's financial
statements.
Such Forward-Looking Information is based upon the Company's assumptions regarding global and Chilean
economic, political and market conditions and the price of metals and energy,
and the Company's production
.
Among the
factors that have a direct bearing on the Company's future results of operations and financial conditions are
changes in
project para
meter
s
as plans continue to be refined, a change in government policies, competition, currency fluctuations and
restrictions and technological changes, among other things.
Should one or more of any of the aforementioned risks and
uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any
conclusions, forecasts or projections described in the Forward-Looking Information.
Accordingly, readers are advised not to
place undue reliance on Forward-Looking Information.
Except as required under applicable securities legislation, the
Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new
information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release
.