Alto Verde Copper acquires Chilean exploration concessions from Minera Freeport-McMoRan South America Limitada

1 minute read
25 October 2021

On October 25, 2021, Alto Verde Copper Inc. ("Alto Verde") announced the closing of its acquisition of three exploration projects from Minera Freeport-McMoRan South America Limitada, a wholly owned subsidiary of Freeport-McMoRan Inc. 

The Tres Marías, Pitbull and Zenaida properties are located on a prolific Chilean copper belt, in close proximity to a number of the world's largest mining operations including Anglo American and Glencore's Collahuasi mine, Teck Resources' Quebrada Blanca mine, and BHP's Spence mine. 

Alto Verde is a private mining company focused on its portfolio of highly prospective exploration assets located in the Central Volcanic Zone in Chile.

Gowling WLG advised Alto Verde with respect to the acquisition of these projects with a team that included Ian Mitchell and France Tenaille.

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