Pharma & Biotech
Pharma & Biotech
08:53 Fri 27 May 2022
Cordoba Minerals is developing its 100%-owned San Matias Copper-Gold-Silver Project in Columbia
A highlight from the drill program was an intercept of 1.11% copper and 0.19 g/t gold and 12.35 g/t silver over 27.35 m
Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) has said its recently completed exploration diamond drilling program at its San Matias copper, gold and silver project in Columbia has provided further evidence of the mineral resource’s potential.
The company said it had completed a total of 2,152.7 metres (m) of diamond drilling, with four holes focused on the suspected buried Alacran Porphyry Target, below a proposed open pit, and two holes within the Alacran Northern Extension Target.
A highlight from the drill program was an intercept of 1.11% copper and 0.19 grams per tonne (g/t) gold and 12.35 g/t silver over 27.35m.
“These drill holes did confirm the continuation and down dip edge of the Alacran mineralization, which provided additional support for the mineral resource; however, the deeper source of the porphyry clasts seen in the previous drilling could not be located,” Cordoba said.
The search for the source porphyry will move outward of the Alacran deposit and will require further mapping and geophysical surveys to provide new targets, according to the company.
In a statement, Cordoba CEO Sarah Armstrong-Montoya said the company had received encouraging assay results from the drill holes to further support the Alacran mineral reserve.
“We look forward to the continued advancement of the San Matias project,” she said.
Cordoba Minerals is a mineral exploration company focused on the exploration, development, and acquisition of copper and gold projects.
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Cordoba Minerals CEO Sarah Armstrong-Montoya joined Steve Darling from Proactive to share news the company has released a positive Preliminary Feasibility Study for the Alacran Deposit on the San Matias Project in Colombia. Armstrong-Montoya telling Proactive the numbers are very good with an…
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Pharma & Biotech