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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 1StockInformeron Oct 30, 2024 7:55pm
38 Views
Post# 36289767

LBC CEO Ian Harris Highlights 14,000m Drill Program (Video)

LBC CEO Ian Harris Highlights 14,000m Drill Program (Video)

In a recent interview, Ian Harris, CEO of Libero Copper (LBC.v, LBCMF), provided an update on the current dynamics of the copper market, highlighting challenges in copper supply and exploration.

The discussion also shed light on Libero's ongoing 14,000-meter drilling program at its Mocoa Porphyry Copper-Molybdenum Deposit in Colombia's Jurassic Copper Belt, underscoring its approach to capitalizing on evolving market needs.

The drill program is focused on infill drilling, resource expansion, and testing new targets identified in recent surveys. 

It aims to expand the Mocoa resource base, currently estimated at 636 million tonnes grading 0.45% CuEq. Libero aims to create an adaptable project that can meet increasing copper demand.

r/PennyStocksCanada - Libero Copper (LBC.v, LBCMF) CEO Ian Harris Highlights 14,000m Drill Program at 636M Tonne Mocoa Project to Address Increasing Copper Supply Challenges

Despite fluctuations in demand for other minerals, copper remains a high-demand commodity, driven by the global energy transition and advancements in AI. These factors contribute to a persistent tightness in copper supply.

The decreasing rate of new copper discoveries is a pressing issue, compounded by the fact that many existing deposits require deeper and more expensive extraction.

The long-standing underinvestment in exploration has made new, scalable projects crucial for addressing this supply gap.

Full interview available here: 

Posted on behalf of Libero Copper & Gold Corp.

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