Libero Copper & Gold's (Ticker: LBC.v or LBCMF for US investors) CEO, Ian Harris, recently joined Resource Stock Digest for an in-depth discussion on the company's developments at the Mocoa Porphyry Copper-Molybdenum Deposit. This project, located in Colombia, is a focal point for the company's growth strategy.
Key Updates from the Mocoa Project:
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Strategic Exploration Moves: Libero is ramping up exploration at Mocoa to further investigate and build out the deposit which has already delivered promising results from previous drilling campaigns.
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Recent Significant Drill Results: 1,228.5m @ 0.58% copper equivalent including 840.3m @ 0.72% CuEq; underscoring the resource's potential scale.
Strategic Vision and Future Plans:
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Experienced Team & Project Development: The strength of Libero’s team is highlighted by their track record in advancing large-scale projects. This experience will be crucial in navigating the development stages of Mocoa.
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Building Local Partnerships: Libero is engaging with local and regional governments to foster relationships that support the project's long-term goals. These efforts are vital for navigating Colombia's political environment & ensuring stable progress.
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Expansion Potential: Mocoa's resource remains open in all directions. Upcoming plans include additional drilling to expand the resource base and testing new targets.
Growing Copper Demand & AI's Role:
Harris shared a positive outlook for copper, with the metal's demand being driven by traditional uses and new technological trends. He particularly highlighted the role of AI infrastructure, which is expected to boost copper consumption as digitalization expands globally.
Next Steps for Libero Copper:
The company's next phases involve expanding the resource, conducting further drilling, and exploring potential partnerships with larger copper industry players. Demonstrating Mocoa’s scalability is a priority, positioning the deposit as a key asset in a market with limited large-scale copper projects.
Full interview:
https://youtu.be/xMOW1jnmA68
Posted on behalf of Libero Copper & Gold Corp.