Los Andes Copper Appoints Antony Amberg as President and CEO

Los Andes Copper Ltd. (TSXV:LA) announced that it has appointed Antony Amberg as its president and CEO, effective immediately, to replace Eduardo Covarrubias who will remain a director and a consultant to the company. Los Andes also appointed Juan Benabarre as Head of Hydro Electric Project Development.

As quoted in the press release:

Mr. Amberg is a geologist who is a graduate of the Royal School of Mines, London, has an MSc. from University College and is also a Chartered Geologist with the Geological Society of London. He has close to 30 years of diverse experience having worked in Asia, Africa and South America for both multinational and junior companies. He began his career in 1986 working with Anglo American in South Africa before moving on to an exploration position with Severin-Southern Sphere. In 1990 Mr. Amberg moved to Chile where he first worked with Bema Gold on the Refugio project before taking up a position with Rio Tinto. At Rio Tinto he was involved in exploration programs in the Atacama and Magallanes Regions and managed the Barreal Seco (now part of Las Cenizas) exploration program. In 1996 he joined Kazakhstan Minerals Corporation in Kazakhstan, setting up and managing offices for the drilling and resource estimation for JORC compliant feasibility studies on three large projects that are now operating mines. He became General Director for two joint ventures in KazMinCo where he managed all technical and local issues. In 2001 he returned to Chile where he started a geological consulting firm specialising in project evaluation and NI 43-101 technical reports. Mr. Amberg’s clients included Rio Tinto, Barrick, Codelco, Anglo American, Pan Pacific Copper and various junior mining companies. He joined Los Andes Copper in 2012 as Chief Geologist.

The Company is also pleased to announce the appointment of Mr. Juan Benabarre as Head of Hydro Electric Project Development. Mr. Benabarre is a mechanical engineer who graduated from the University of Chile and also holds an MBA from the Adolfo Ibañez University. He has almost 40 years of experience in engineering, development, construction and operation of power generation and transmission projects in Chile and other countries in Latin America. Mr. Benabarre worked for over 35 years at the Endesa Group, one of the largest power generation, transmission and distribution conglomerates in Latin America.

The Company also announces that the board of directors has approved the issuance of a total of 175,000 options to officers of the Company pursuant to the Company’s stock option plan. The options are exercisable at a price of $0.50 and expire in five years. After the above mentioned option grant, there are a total of 20,998,981 common shares reserved for issuance, of which a total of 675,000 shares are subject to outstanding option grants.

Click here to read the full Los Andes Copper Ltd. (TSXV:LA) press release.