Tomorrow, Libero Copper's (LBC.v LBMF) CEO, Ian Harris, will be joining Thomas George of Grizzle Media to discuss the copper outlook: https://x.com/thomasg_grizzle/status/1854539605841674748
Driven largely by the global shift towards renewable energy, electrification, and green technologies, the demand for copper is expected to surge and is anticipated to provide a unique opportunity.
Notably, this comes after LBC provided an update on its ongoing 14,000m exploration program at its Mocoa Porphyry Copper-Molybdenum Deposit. Located in Colombia's prolific Jurassic Copper Belt, the deposit currently boasts an inferred mineral resource of 6.2 billion pounds of copper and 441 million pounds of molybdenum.
Key Highlights
- Significant Resource Expansion Potential with 14,000 Metres of Drilling: Increases the total historical drilling at Mocoa by nearly 50% with the targeted zones aiming to expand high-grade copper and molybdenum areas and enhancing the understanding of the overall resource potential.
- Exploration of New Target Areas: Targeting new prospective areas where initial soil anomalies indicate promising mineralization. Extensive groundwork is underway to refine these areas for potential discoveries.
- Strategic Growth Based on Comprehensive Analysis: Program builds on two years of extensive groundwork, including re-logging, geological modelling, geophysical analysis, and geochemistry of soils and rocks. Designed to address key questions around Mocoa's potential, the program reflects a systematic approach to understanding and expanding the resource's scale.
Full News Release: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2126-tsx-venture/lbc/169952-libero-copper-announces-details-of-ongoing-14-000-metre-exploration-program-at-the-mocoa-porphyry-copper-molybdenum-deposit.html
Posted on Behalf of Libero Copper and Gold Corp.