A recent UFO sighting has been captured on video which has confounded Chileans in Terapaca, Chile.

On the Chilean news channel Chile Vision, the glowing UFO sighting was captured and shown on video before videwers.

Reportedly, the UFO sighting was recorded by Minera Collahuasi workers at 4,300 meters high, and lasted for more than two hours without any explanation for what it might have been.

You can check out a video of the UFO sighting below, which has garnered over 30,000 views since being uploaded on June 30:

Some observers of the news have called the sighting fake. Others have also claimed it is the planet Saturn glowing brightly above the sky.

What do you think this glowing UFO sighting video might be?

Meanwhile, the Roswell UFO Festival is once again running, this time from July 3 to July 6.

According to Parade, this year's festival will have a light parade, as well as the staple International UFO Museum and Research Center. In addition, guest speakers ranging from authors, alien hunters, researchers, and television personalities are slated to appear as well.