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Libero Copper & Gold Corp V.LBC

Alternate Symbol(s):  LBCMF

Libero Copper & Gold Corporation is a mineral exploration company. The Company is focused on the exploration and development of the Mocoa porphyry copper-molybdenum deposit (Mocoa) in Colombia and the Esperanza (Esperanza) porphyry copper-gold project in San Juan, Argentina. The Mocoa property is located approximately 10 kilometers from the town of Mocoa, covering over 100,000 hectares, near the Ecuador border, in the Eastern Cordillera of Colombia. The Esperanza is located in the Huachi Mining district, San Juan Province, Argentina at an elevation of only 3,200 meters. Its Big Red Porphyry Copper Project comprises 20 contiguous claims totaling 26,000 hectares in northwestern British Columbia, 45 kilometers southwest of Telegraph Creek along the Barrington Road. The Big Bulk Porphyry Gold-Copper Project is located 50 kilometers southeast of Stewart, British Columbia in the Golden Triangle.


TSXV:LBC - Post by User

Post by RocketRed24on Jan 18, 2024 12:53pm
151 Views
Post# 35833934

10 billion lbs at mocoa BUY

10 billion lbs at mocoa BUY
 Goldfinger:
 
That’s an interesting one and I’ll need to take a look at that more closely. But there’s a lot of projects like that. I mean, a lot might be an exaggeration, but there are a number of projects around the world that maybe have resources of four billion pounds of copper, five billion pounds of copper, maybe even more than that. And they’re just sitting there because there is some perception that they can’t get permission. I think of Libero Copper (TSX-V:LBC, OTC:LBCMF) in Columbia, the Mocoa project, that’s an example. I mean, the existing resource is something like five or six billion pounds of copper. They’ve got a lot of Molybdenum too. But in reality, this deposit is probably well north of 10 billion pounds. However, there’s a perception that Colombia or this region will not allow it to be permitted. So it’s sitting here at whatever, $17 million, $18 million market cap. And so for us to supply this energy transition with copper, some of these possible copper projects are going to need to go forward. So the money will be made by investors who are able to figure out which one of these deposits, or which ones plural, will actually get the seal of approval and get the proper government and local support. And I think there’s a lot of value to be had there. Of course, a number of these projects are probably going nowhere for any number of reasons.
 
 
   https://energyandgold.com/2023/02/21/bob-moriarty-we-need-a-new-financial-system-based-upon-natural-resources/
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