Latest Chile Mining Sector News

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Tesoro Gold has reported a significant 42% increase in its Ternera gold resource alongside a robust scoping study and a $34 million equity raise to accelerate development of its El Zorro project in Chile.

Capstone Copper has struck a strategic deal with Orion Resource Partners, unlocking up to $360 million for a 25% stake in its Santo Domingo and Sierra Norte projects, accelerating development in Chile’s Atacama region.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

Freehill Mining has overcome delays to commission a second processing site in Chile, initiating customer deliveries and signaling a turnaround in its aggregates business.

Tesoro Gold has successfully dismissed initial legal claims from joint venture partner Wanaco SpA and increased its ownership in the El Zorro Gold Project to over 90%, reinforcing its strategic position in Chile.

Tesoro Gold has announced a significant 42% increase in the Ternera Gold Deposit resource at its El Zorro project in Chile, lifting contained gold to 1.82 million ounces and enhancing the project’s development potential.

Freehill Mining is progressing plans to restart mining at its Yerbas Buenas magnetite project in Chile, backed by promising bulk sampling results and a staged permit extension strategy.

Marimaca Copper has reported exceptional high-grade copper intersections at its Pampa Medina deposit, significantly expanding the known mineralized area and hinting at a major new sediment-hosted copper system in Chile.

Marimaca Copper has successfully closed the first tranche of a C$24.4 million private placement, backing its flagship Chilean copper project. The funding round includes significant participation from related parties, setting the stage for accelerated exploration and development.

Lodestar Minerals has updated its investor presentation highlighting encouraging early drilling results from its Chilean IOCG and porphyry copper projects, alongside a clear roadmap for upcoming exploration activities.

Culpeo Minerals has secured A$3.02 million through a placement to fund extensive drilling at its promising copper projects in Chile, targeting high-grade zones that could reshape its resource profile.