A High-Grade Iron Ore Project in the Heart of Atacama
The Los Negritos iron ore project, located in the Atacama Coastal Range of Chile, covers 2,703 hectares across 24 mining concessions. Strategically positioned 50 km north of Copiapó and 60 km from the Pacific Ocean, it benefits from excellent logistics for export operations.
With a combined resource potential of 800 million tons, Los Negritos has already proven its high-grade potential through extensive exploration: 6,000+ meters of drilling and magnetometry surveys completed. Over 500,000 tons extracted and processed, achieving up to 65.96% Fe (dry) with low contaminants.
Immediate production potential of 5,000 TPD of concentrate per month, approved by SERNAGEOMIN. Backed by Hunter Royalties through its 37.5% ownership via ML Inversiones SpA, the project is focused on scalable, investor-driven growth.
A new hematite processing plant is projected to unlock rapid cash flow with an estimated $9M revenue from existing 300,000 tons of stockpiled ore.
Our Advantages
Interested in Partnering with CMLN?
CMLN is open to strategic partnerships, offtake agreements, and investment opportunities. Contact us to discuss how you can be part of Chile’s growing high-grade iron ore production.
info@cmln.cl
