VIDEO: LBC CEO Highlights Mocoa’s 600M-Tonne Resource & More Last week, Ian Harris, CEO of Libero Copper & Gold (Ticker: LBC.v or LBCMF for US investors) went on the Stocks To Watch YouTube Channel to provide insights into the company and its Mocoa Porphyry Copper-Molybdenum Deposit in Colombia.
LBC.v has seen significant growth this year, currently up 157% YTD.
As a major copper-molybdenum porphyry deposit in Putumayo, Colombia, LBC's Mocoa Project has over 600 million tonnes of resources at 0.45% CuEq.
LBC is focused on advancing this critical project to support global electrification needs amid a forecasted copper supply deficit.
Harris noted that while global demand for copper is expected to continue to increase significantly due to the surge in electrification and renewable energy demands, there has been slow progress on new projects among major players.
LBC aims to bridge this gap with its expertise in developing large-scale copper projects, aided by support from investors like well-known billionaire mining investor Frank Giustra.
Harris also highlighted the resource expansion initiative at Mocoa that the company began last week.
The initiative includes a 14,000m drilling program, marking a pivotal step forward for LBC after extensive groundwork, aiming to transform Mocoa into a significant mine.
LBC's strategy involves maximizing value creation across short, medium, and long-term horizons, with potential revaluation driven by upcoming results.
Full interview here:
Posted on behalf of Libero Copper & Gold Corp.