Vancouver, British Columbia — January 20, 2026 — Leads & Copy — Los Andes Copper Ltd. has announced that Santiago Montt has resigned as Chief Executive Officer (CEO) after being appointed as Minister of Mines for the incoming government of President Jose Antonio Kast. Mr. Montt will stay with the Company until February 19, 2026, to support a smooth transition.
Antony Amberg, Los Andes’ Chief Geologist, has been named interim CEO. The Board has initiated a search for a permanent CEO.
Eduardo Covarrubias, Chairman of Los Andes, congratulated Santiago Montt on his appointment and thanked him for his contributions to Los Andes Copper. Covarrubias highlighted Montt’s role in leading the Vizcachitas project, transforming it into the largest greenfield copper project in Chile not controlled by major companies. He noted that under Montt’s leadership, the Vizcachitas project was designed as an example of sustainable mining, fostering relationships with communities and authorities.
Outgoing CEO Santiago Montt expressed his honor in serving as Minister of Mines and his privilege in working with Los Andes to advance the Vizcachitas project. He emphasized the project’s focus on sustainability and its benefits to all stakeholders. Montt also acknowledged the exceptional Board, Chairman, and Leadership Team he worked with, expressing gratitude for the knowledge he gained and pride in their accomplishments.
Los Andes Copper Ltd. is an exploration and development company with complete ownership of the Vizcachitas Project in Chile, which it is focused on progressing into production. The Vizcachitas project, situated along Chile’s copper belt, is regarded as one of the largest copper deposits in the Americas not controlled by major companies.
The copper-molybdenum porphyry deposit is located 150 kilometers north of Santiago, benefiting from good infrastructure. An independent technical report for the PFS, prepared according to NI 43-101, is available on the Company’s SEDAR profile.
Antony Amberg CGeol FGS, Interim CEO, has reviewed and approved the technical information in this release.
For more information, contact Antony Amberg, Interim CEO, at antony.amberg@losandescopper.com or +56 2 2954-0450, or Elizabeth Johnson, Investor Relations, at Elizabeth.johnson@losandescopper.com.
E-Mail: info@losandescopper.com
Follow Los Andes Copper Ltd. on Twitter @LosAndesCopper and LinkedIn.
Antony Amberg, Interim CEO: antony.amberg@losandescopper.com, Tel: +56 2 2954-0450
Elizabeth Johnson, Investor Relations: Elizabeth.johnson@losandescopper.com
Source: Los Andes Copper Ltd.
