Cordoba release.Nice!
Cordoba Minerals Provides Update on Pre-Feasibility Study Work at the 100%-Owned Alacran Copper-Gold-Silver Project Metallurgical Test Results Indicate Strong Recoveries for Copper and Gold Potential to Accelerate Feasibility Study Drilling VANCOUVER, CANADA – Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. (TSXV:CDB; OTCQB:CDBMF; otherwise “Cordoba” or the “Company”) is pleased to provide an update on the ongoing Pre-Feasibility Study (“PFS”) work at its 100%-owned Alacran Copper-Gold-Silver Project. Highlights: • Diamond drilling in support of the PFS is ongoing, this includes geotechnical, hydrological and metallurgical test holes. Drilling of the in-fill holes, designed to convert Inferred Resources to the Measured & Indicated categories, is scheduled to begin at the end of this month through to mid-July. o To date, 103 drill holes totalling 5,128 metres have been completed, which represents ~50% of the drilling required for the PFS (see Table 1 below). • Metallurgical test work completed by Blue Coast Research Ltd. indicates recoveries of ~90% copper to a ~20% copper concentrate based on data generated from fresh samples. Gold recoveries averaged ~83%. Work is ongoing to determine the metallurgical properties of the saprolite and transition materials present at the Alacran deposit. • CDB is pursuing options to fast-track an estimated additional ~60,000 metres of drilling that are expected to be required to support a Feasibility Study (“FS”) at Alacran. “We continue to make excellent progress on the technical work program required to support the Pre-Feasibility Study at Alacran, and are pleased to see the positive results from metallurgical testing which indicate the potential for high copper recoveries. Additionally, we are evaluating new options to further accelerate the development of Alacran and realize our goal of becoming the next copper and gold producer in Colombia.” commented Ms. Armstrong-Montoya.