LBC Advances 14,000m Drill Program at Mocoa Copper Project Yesterday, Libero Copper & Gold Corporation (TSXV: LBC, OTCQB: LBCMF, DE: 29H) shared details on its ongoing 14,000m drilling campaign at the Mocoa porphyry copper-molybdenum project in Putumayo, Colombia.
The project, located within the Jurassic Copper Belt near the town of Mocoa, represents the company's flagship asset and holds significant expansion potential.
Key Program Details:
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Resource Expansion Focus: The program, incorporating infill, step-out, and regional drilling, aims to expand known high-grade copper (Cu) and molybdenum (Mo) zones and test new targets. It will increase the total historical drilling by nearly 50%, enhancing the geological model and resource understanding.
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New Target Areas: Initial exploration will include Silencio, Neblina, and Piedralisa, identified through soil geochemistry and geophysical data, suggesting promising mineralization.
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Sustainability Measures: The project incorporates environmentally responsible practices, including using existing drill pads and a rainwater collection system, minimizing surface disturbance and reducing reliance on external water sources.
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Ongoing Developments: Hole MD-044, the first in this program, has reached 615 metres toward a planned 1,200-metre depth, targeting the extension of high-grade mineralization northeast of the current deposit.
Libero Copper's comprehensive approach, supported by geological analysis and community partnerships, is poised to strengthen Mocoa's position as a key asset in the global copper supply landscape.
Full details here: https://www.liberocopper.com/_resources/news/nr-20241106.pdf
Posted on behalf of Libero Copper & Gold Corp.