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Acquired for $30 million and now owned 100% by Falconbridge, El Pachón is a highly attractive copper mine development project situated less than 5 kilometres from the Chilean border and the Las Pelambres copper mine. It features a high-grade core, unusually low strip ratio and favourable metallurgical recoveries which will substantially reduce mining and capital costs. The orebody has the potential to produce over 200,000 tonnes of copper-in-concentrate per year over a life of more than 20 years. A feasibility study is being updated based on the results of an extensive drilling program. The recent Mining Integration Treaty between Argentina and Chile will allow the development of the mine through Chile. El Pachón would also benefit from by-product molybdenum recoveries.
Location Map
(PDF – 3.8 KB)
For more information, please contact businessdevelopment@falconbridge.com.
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