Libero Copper & Gold Corp. (Ticker: LBC.v or LBCMF for US investors) continues to make strides at its flagship Mocoa Project, located in the mineral-rich Putumayo region of Colombia.
This copper porphyry project, discovered in 1973, spans over 1,000 km² in the Jurassic porphyry belt and has shown exceptional potential in past drilling campaigns.
The deposit remains open both along strike and at depth, and previous results included an intercept of 1,228.5m grading 0.58% CuEq, highlighting the project's high-grade resource potential.
Advanced geochemical and geophysical analysis, including soil anomaly data have identified additional porphyry targets which offer the potential for significant resource expansion, reinforcing Mocoa's position as a key copper asset in the region.
The company is currently conducting a 14,000m drilling program designed to expand the resource base through infill and step-out drilling while exploring the newly identified targets.
This program represents a near 50% increase over historical drilling at Mocoa, building on two years of groundwork.
The project also recently overcame a significant regulatory milestone, with Colombian authorities officially updating land records to confirm that the mineral resource area no longer overlaps with a forest reserve established in 1984.
This resolution strengthens LBC's ability to plan responsibly and efficiently, advancing resource expansion efforts while ensuring alignment with Colombia's mining regulations and sustainability goals.
Full news here: https://www.liberocopper.com/_resources/news/nr-20241112.pdf
Posted on behalf of Libero Copper & Gold Corp.