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Libero Copper & Gold Corp LBCMF


Primary Symbol: V.LBC

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 1StockInformeron Oct 09, 2024 7:08pm
57 Views
Post# 36260151

LBC CEO Discusses Mocoa Project Progress & Drill Results

LBC CEO Discusses Mocoa Project Progress & Drill Results

Libero Copper & Gold's (Ticker: LBC.v or LBCMF for US investors) CEO, Ian Harris, recently joined Resource Stock Digest for an in-depth discussion on the company's developments at the Mocoa Porphyry Copper-Molybdenum Deposit. This project, located in Colombia, is a focal point for the company's growth strategy.

r/PennyStocksCanada - FULL SUMMARY of LBC.v (Libero Copper) CEO Interview - Ian Harris Discusses Mocoa Project's Progress, Notable Drill Results, and Rising Copper Demand Due to AI Developments

Key Updates from the Mocoa Project:

  • Strategic Exploration Moves: Libero is ramping up exploration at Mocoa to further investigate and build out the deposit which has already delivered promising results from previous drilling campaigns.

  • Recent Significant Drill Results: 1,228.5m @ 0.58% copper equivalent including 840.3m @ 0.72% CuEq; underscoring the resource's potential scale.

Strategic Vision and Future Plans:

  • Experienced Team & Project Development: The strength of Libero’s team is highlighted by their track record in advancing large-scale projects. This experience will be crucial in navigating the development stages of Mocoa.

  • Building Local Partnerships: Libero is engaging with local and regional governments to foster relationships that support the project's long-term goals. These efforts are vital for navigating Colombia's political environment & ensuring stable progress.

  • Expansion Potential: Mocoa's resource remains open in all directions. Upcoming plans include additional drilling to expand the resource base and testing new targets.

Growing Copper Demand & AI's Role:

Harris shared a positive outlook for copper, with the metal's demand being driven by traditional uses and new technological trends. He particularly highlighted the role of AI infrastructure, which is expected to boost copper consumption as digitalization expands globally.

Next Steps for Libero Copper:

The company's next phases involve expanding the resource, conducting further drilling, and exploring potential partnerships with larger copper industry players. Demonstrating Mocoa’s scalability is a priority, positioning the deposit as a key asset in a market with limited large-scale copper projects.

Full interview: 

https://youtu.be/xMOW1jnmA68

Posted on behalf of Libero Copper & Gold Corp.

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