Vizcachitas, Chile / Copper

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Vizcachitas is a large-scale copper development project located in Chile, owned by Los Andes Copper.

Stage

Development

Commodity

Copper

Operator

Los Andes Copper

Location

Chile

Royalty rate and type
0.25% NSR

Balance sheet classification
Royalty intangible

Key facts

26 years

A 26-year mine life and further extension potential

The Group owns a 0.25% NSR royalty over any open-pit operations, stepping up in the event production is delayed beyond 30 June 2030.

The Vizcachitas project is amongst the largest undeveloped copper deposits with a long life and in a well-established mining jurisdiction.

  • UAV magnetic survey carried out over Vizcachitas project and other identified areas of prospectivity. 
  • Continued community outreach and engagement.
  • Completion of Feasibility Study Baseline Studies targeted for 2025. Environmental permitting and construction funding to be pursued prior to 2028.
  • Construction commencement targeted for 2028 with a potential commencement of commercial operations in 2030.