Chilean Metals (CMX) Stock Price, News & Analysis

Chilean Metals Inc., a mining exploration company, engages in the acquisition and exploration of mineral properties in Chile and Canada. The company explores for gold, silver, copper, lithium, nickel, cobalt, and iron deposits. It owns 100% interest in Zulema property covering an area of approximately 4,300 hectares situated in the Atacama mineral belt in Chile's 3rd region; Palo Negro and Hornitos properties that covers an area of approximately 9,000 hectares located in the Atacama Province of Chile's 3rd region; and Tierra de Oro property covering an area of approximately 5,667 hectares located in the Chile's prolific iron oxide-copper-gold belt. In addition, the company has interests in Parrsboro and Lynn properties, Canada; and owns additional mining concessions in Hornitos, Palo Negro, and Tabaco properties located in Chile. Further, it has an option to acquire a 50% interest in the Nisk property; and 100% interest in Golden Ivan property consisting of 13 mineral claims covering an area of approximately 797 hectares located in British Columbia. The company was formerly known as International PBX Ventures Ltd. and changed its name to Chilean Metals Inc. in February 2014. Chilean Metals Inc. was incorporated in 1987 and is headquartered in Toronto, Canada.