Source: Los Andes Copper Ltd.
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  • Los Andes Copper (LA) is pleased to announce the appointment of Mr. R. Michael Jones, as the Company’s Chief Executive Officer and President
  • Throughout his career, Mr. Jones has a history of adding significant value to mining companies
  • Mr. Jones received his Bachelor’s Degree in Applied Science, Geological Engineering from the University of Toronto and a licence as a Professional Engineer in Ontario
  • Los Andes Copper Ltd. is a development company with a 100 per cent interest in the Vizcachitas project in Chile
  • Los Andes Copper Ltd. (LA) opened trading at C$9.10 per share

Los Andes Copper (LA) is pleased to announce the appointment of Michael Jones, as Chief Executive Officer and President, effective immediately.

Mr. Jones is an experienced CEO and director, with a history of developing, permitting and adding significant value to mining companies. He has taken multiple large mines, with values of up to $1 billion, from the discovery stages, through to feasibility studies and construction decisions. He is a well-known promoter of exciting mining projects and a finance specialist with a successful background in undertaking takeovers and mergers and acquisitions.

A qualified mining engineer, Mr. Jones received his Bachelor’s Degree in Applied Science, Geological Engineering from the University of Toronto. A few years later he was granted an engineering licence as a Professional Engineer in Ontario. Mr. Jones is a Fellow of the Geological Society of South Africa, as well as the winner of multiple discovery awards.

From 1997 to 2000, Mr. Jones was the Vice President of Corporate Development for Aber Diamonds, joint venture partner in the $1.3 billion Diavik Diamond Mine. Mr. Jones co-founded the Toronto and Vancouver listed, West Timmins Mining and MAG Silver. He completed discovery, joint venture and takeover work for both companies. 

Mr. Jones worked at Platinum Group Metals Ltd, where he recently resigned, as CEO and director of the company. 

Fernando Porcile, Executive Chairman, commented on the appointment.

“We are extremely excited to bring someone of Michael’s calibre on board. His successful experience, spanning over decades, in developing projects from feasibility studies, to production, as well as his ability to finance projects time and time again, speaks for itself. We look forward to working alongside him, as we seek to deliver the next significant milestone at our Vizcachitas Copper Project.

R. Michael Jones commented,

“I am immensely proud to continue my journey with such an exciting company and believe that the Vizcachitas Project is a globally significant copper asset. I believe the skills and experience I have gathered during my career, alongside the expertise already at the Company, will put us in good stead going forward as we continue to realize the true value of this Project.

“I look forward to working closely with the board and all of our employees, as well as providing future updates to all of our shareholders. We will look to responsibly maximize the value of the project for all of the stakeholders including the communities and governments.”

Los Andes Copper Ltd. is a development company with a 100 per cent interest in the Vizcachitas project located along Chile’s most prolific copper belt, into production.

Los Andes Copper Ltd. (LA) opened trading at C$9.10 per share.

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