NEWS! CDB additional mining titles at San Matias /Colombia~~
TORONTO, ONTARIO--(Marketwired - Feb. 9, 2015) - Cordoba Minerals Corp. (TSX VENTURE:CDB) ("Cordoba" or the "Company") is pleased to announce that the Company has been granted Mining Titles on an additional 3,200 hectares covering the southern 8 km of the San Matias copper gold porphyry trend where recent drilling in the northernmost area along the porphyry trend returned 101 metres of 1.0% Cu and 0.65 gpt Au at Montiel and 87 metres of 0.62% Cu and 0.52 gpt Au at Costa Azul.
"With these titles in hand, advanced exploration on additional targets can begin at our San Matias Copper Gold Project building on our recent exploration success at Montiel and Costa Azul", commented Mario Stifano, CEO.
Current surface sampling programs along the southern 8 kilometres of the 12 km main porphyry trend has identified numerous targets related to both porphyry-style mineralization and alteration halos over large areas (Betesta, Costa Rica, Nieves). Additionally, both high-grade gold targets associated with quartz-pyrrhotite-chalcopyrite veining over significant strike lengths of over 500 metres are associated with zones of artisanal open-pit and underground mining at the Mina Ra and Escondida targets that also host porphyry style alteration halos in adjacent host rocks. Furthermore skarn/replacement style mineralization and alteration has also been located at the Buenos Aires and Botero targets. The main porphyry trend is defined by a 12 kilometre long linear north-south trending structural corridor that hosts multiple intrusive porphyry centres, as defined by airborne magnetics and displays extensive zones of surface gold-copper-silver anomalism (See Figure 1).
About San Matias Project
The newly discovered San Matias Copper-Gold Project comprises a 20,000 hectare land package on the inferred northern extension of the prolific and richly endowed Mid Cauca Belt. The San Matias Project area contains several known areas of porphyry copper-gold mineralization, copper-gold replacement or skarn style and vein hosted gold-copper mineralization. Porphyry mineralization at the San Matias Project incorporates high-grade zones of copper-gold mineralization hosted by diorite porphyries that contain strong potassic style alteration and various orientations of sheeted and stockwork quartz-magnetite veins with chalcopyrite-bornite mineralization and minor zones of K-feldspar within vein margins and secondary biotite. Lesser calc-sodic alteration is also noted as trace actinolite and albite alteration zones, largely in basaltic wallrocks and inclusions. At least one later phase of chalcopyrite veining overprints the sheeted and stockwork quartz-magnetite veins. A second, more felsic intrusive mineralized phase has also been identified which contains lesser quartz-magnetite veining associated with chalcopyrite and pyrite and a more well developed dissemination of chalcopyrite-pyrite. Potassic alteration, as secondary biotite, is well developed along with minor zones of chlorite-epidote alteration. Within the diorite porphyry, zones of intense sheeted quartz veining often reaches over 90% replacement of the intrusive host rock associated with strong potassic alteration and copper-gold mineralization. The nature of mineralization and related alteration encountered at Montiel is similar to those of other large and elite high-grade copper-gold porphyry deposits.
To view Figure 1: San Matias Project area with new Concession granted and exploration targets, please visit the following link: https://media3.marketwire.com/docs/991224fig1.pdf
Read more at https://www.stockhouse.com/news/press-releases/2015/02/09/cordoba-minerals-granted-new-mining-titles-at-its-san-matias-project-covering#ghI7hXDiLt5QrLzx.99