IPRI.Tech / DETECT™

Screening read from the public record

How many of the documented conditions for locked metal does Minera Los Pelambres show?

18

Low

The public filings show few of the documented conditions associated with value in forms routine processing is not designed to recover. That is a screening read of the paperwork, not a verdict on the rock.

What drives this read2 sourced factors · same inputs, same score, every time
  • +14Deposit type. Described as Sulphide porphyry copper-molybdenum. Porphyry systems are documented as carrying Mo, Au, Ag, Re and Te as by-product or unrecovered constituents. source
  • +4Operating history. Roughly 27 years of processing under successive routes. source

This is a count of documented conditions in the public filings, not a probability and not a claim that metal is present. It moves only on what a cited source already states. A DETECT™ characterisation is what turns it into a measured answer.

Step 1 · what the public record shows

Minera Los Pelambres

Antofagasta plc Annual Report 2024

Compiled from public filings. Every figure below links to its source; where the public record is silent, that is stated, not inferred. Figures are machine-extracted and not yet independently verified by a qualified person — confirm against the linked filing before relying on them.

Identity and ownershipAntofagasta plc (Antofagasta Minerals / AMSA) · Chile · Copper
Operator
Antofagasta plc (Antofagasta Minerals / AMSA)highAntofagasta plc AR 2024 — as of 2024-12-31
Jurisdiction
Chile — Coquimbo Region (Choapa Province, ~240 km N of Santiago)highMining-Technology — as of 2024
Primary commodity
CopperhighAntofagasta plc AR 2024 — as of 2024-12-31
Deposit type
Sulphide porphyry copper-molybdenumhighAntofagasta plc AR 2024 / Mining-Technology — as of 2024
First production
1999 (December)highMining-Technology — as of 1999
Years in operation
27derived from first production year

Disclosed interests

Interest 1
Antofagasta plc — 60%highBusiness & Human Rights Centre / Antofagasta AR 2024 — as of 2024
Interest 2
JX Metals Corp — 15.79%highBusiness & Human Rights Centre — as of 2024
Interest 3
Mitsubishi Materials Corp — 10%highBusiness & Human Rights Centre — as of 2024
Interest 4
Marubeni Corp — 9.21%highBusiness & Human Rights Centre — as of 2024
Interest 5
Mitsubishi Corporation — 5%highMitsubishi Corporation Mineral Resources Group — Copper Business briefing (13 April 2023) — as of 2023-04-13

Byproduct and co-product commodities

Byproduct 1
Molybdenum, gold, silverhighAntofagasta plc AR 2024 — as of 2024-12-31
Reported production3 reported figures
MetalQuantityBasisPeriodSource
Copper319600 ttotalFY2024 (100% basis)Antofagasta plc AR 2024high
Molybdenum8400 ttotalFY2024 (100% basis)Antofagasta plc AR 2024high
Gold46600 oztotalFY2024 (100% basis)Antofagasta plc AR 2024high
Public technical reportingJORC, 2025

JORC (primary) — Antofagasta plc Annual Report 2024 (Ore Reserves & Mineral Resources statement), 2025, filed by Antofagasta plc (LSE) on ASXmoderateAntofagasta plc Annual Report 2024 (Ore Reserves & Mineral Resources statement)

Australia / Asia-Pacific (ASX) · expected language: Ore Reserves / Mineral Resources

Processing and metallurgyflotation
Process route
flotation
Reported recovery
not stated
Ore character described in the filing
none of that family used
Deleterious elements named
none stated

Milling and flotation producing copper concentrate (containing gold and silver) plus molybdenum concentrate. Copper recovery % not captured in this pass.

Antofagasta plc AR 2024
Process route
flotation
Reported recovery
not stated
Ore character described in the filing
none of that family used
Deleterious elements named
none stated

Processing method: Open-pit; concentrator (milling + flotation) at ~190 ktpd after the Phase 1 expansion (desalination plant 400 l/s). Copper and molybdenum concentrates.

Antofagasta plc AR 2024 / Mining-Technology
What was sought and not found5 points stated plainly
  • PRIORITY: reserve/resource tonnes and grades not reliably sourced — pull the JORC table from the Antofagasta plc Annual Report 2024. This is why coverage is 'partial'.
  • Copper/moly recovery % not captured.
  • Mine life stated ~10 years with an EIA submitted to extend operations toward 2051 — confirm current status.
  • Figures machine-extracted, not hand-verified.
  • Figures are machine-extracted from the cited filings and not yet independently verified by a qualified person (verification_status = machine_extracted_unreviewed). Confirm against the cited filing before external use.

Assessment

Los Pelambres is a producing porphyry Cu-Mo operation that in 2024 produced 319,600 t copper, 8,400 t molybdenum and 46,600 oz gold (100% basis), with gold and silver carried in the copper concentrate. Public resource and production reporting characterises grade and output; it is not designed to resolve element deportment by mineral phase, nor where molybdenum, gold and silver report across concentrate, tailings and residue at concentrator scale. Whether recoverable value resists conventional flotation, or reports to tailings, is a testable question that a DETECT characterisation is built to answer. Element deportment by mineral phase is not resolved in the public reporting located, and the figures here are machine-extracted from the cited filings and not yet independently verified.

Screening signals

Each item below is something a cited source states. Nothing here asserts that unrecovered material is present.

Documented deposit-type association

The deposit is described as Sulphide porphyry copper-molybdenum. Porphyry systems are documented as commonly carrying molybdenum, gold, silver, rhenium and tellurium as byproduct or unrecovered constituents.

Antofagasta plc AR 2024 / Mining-Technology

Open technical questions

Public resource reporting characterises grade and tonnage to a code standard. It is not designed to resolve element deportment by mineral phase. These are the questions this operation’s public reporting was not built to answer.

  1. The resource statement reports contained Copper but no deportment for the molybdenum, gold, silver carried in the concentrate; in which mineral phase that value resides is not resolved by the assays disclosed.

    Grounded in: Molybdenum, gold, silver is named as a byproduct or co-product commodity, with no separate grade in the located resource statement. source

  2. The deposit is described as Sulphide porphyry copper-molybdenum; public code-compliant reporting characterises grade and tonnage to a code standard but is not designed to resolve element deportment by mineral phase in this material.

    Grounded in: The deposit type is reported as Sulphide porphyry copper-molybdenum. source

How those questions get answered

These are testable questions about element deportment by mineral phase, which code-compliant public reporting is not designed to resolve. A DETECT™ desk study is the instrument built to weigh them: it reads this site's public record alongside any assays, mineralogy and recovery data the holder can supply, and states how likely it is that value sits in a form the current route does not recover. It measures nothing and assumes nothing. Measurement comes later, from a RECOVER™ trial on a representative sample.

Step 2 · how likely is it?

Is the metal at Minera Los Pelambres locked in a form your process cannot see?

The read above screens the public record. It cannot see your rock. A DETECT™ desk study takes what you already hold, your assays, drill data, mineralogy, historical recovery and tailings records, and assesses how likely it is that metal at your site sits in a form conventional processing does not recover.

CHF 5,000

Web-direct rate for one site. Excludes all taxes. No sample required.

  • A 25 to 30 page report on one site, built from your own data and the published record for that deposit type.
  • Which metals could be held in which host phases, and the evidence for and against it at your site.
  • A stated likelihood, in plain words, including an honest “unlikely” where the evidence points that way.
  • If it is worth pursuing: exactly what to sample and which tests to run next.

What it does not do is tell you how much you would recover. Nothing on a desk can. That is measured on a real sample in a RECOVER™ trial, and this report tells you whether that trial is worth running.

Book the DETECT™ desk study: CHF 5,000

Prefer to be invoiced? Ask for an invoice and we will send one for the same CHF 5,000.

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