Libero Copper & Gold (Ticker: LBC.v or LBCMF for US investors) CEO, Ian Harris, recently went on Resource Stock Digest to discuss the company’s ambitious 14,000m drill program at their flagship Mocoa project.
This large-scale program has already commenced, aimed at expanding the project's current 600-million-tonne resource, which contains over four billion pounds of copper, by testing new exploration targets and expanding known resource areas.
Harris highlighted how ideal LBC's timing is, with copper prices benefiting from economic recovery signals and potential stimulus measures in China.
The company’s strategic efforts over the past two years to build local support and establish political goodwill in Colombia have positioned Mocoa for significant advancements.
The project is set to deliver consistent news flow due to the company’s efficient assay turnaround, with results expected soon—a significant improvement over typical waiting times in other regions like Canada.
Libero's goal with this program is not just resource expansion but demonstrating the project’s scalability to attract major mining partners.
The drilling will explore multiple potential porphyry centers within the property, aiming to prove that Mocoa could more than double in size.
LBC benefits from strong financial backing from key investor Frank Giustra, support which is crucial for advancing such a large-scale copper project.
The ongoing work aims to position Mocoa as a standout asset in a market preparing for a copper supply deficit.
Libero Copper & Gold expects a steady flow of updates as drilling progresses, reinforcing investor interest and highlighting Mocoa’s long-term potential.
Full video here:
Posted on behalf of Libero Copper & Gold Corp.