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Cordoba Minerals Corp.
Summary
| Project: | San Matias | |
|---|---|---|
| Deposit: | Alacran | |
| Location: | Colombia | |
| Commodities: | Copper-Gold | |
| Date: | 12/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-12-2017: Cordoba Minerals Corp. announces an Exploration/Drilling Update report for its Alacran deposit at the San Matias project. Drilling results incl. 57.5m @ 0.65% Cu, 0.43g/t Au from183.5m. TORONTO, ONTARIO, December 5, 2017: Cordoba Minerals Corp. | |
| Resources: | (Resource, Inf.): 53.5Mt @ 0.70% Cu, 0.37g/t Au at Alacran | |
| CP/QP: | [Overall Report]: Dale A. Sketchley (Independent) | |
| ABSTRACT: | TORONTO, ONTARIO, December 5, 2017: Cordoba Minerals Corp. (TSX-V:CDB; OTCQX:CDBMF) (“Cordoba” or the “Company”) is pleased to announce additional highgrade intercepts from the ongoing resource expansion diamond drilling at the Alacran Deposit, located within the 100%-owned San Matias copper-gold project in Colombia. An additional fifteen drill holes (ACD067 to ACD081) have been completed at the Alacran Deposit that focused on improving the continuity of mineralization and testing resource expansion potential in areas located to the north, west and south of the currently defined resource. Assay results from three drill holes are pending (ACD078, 079, and 081) and are expected to be included in the updated resource estimate to be completed in the first quarter of 2018. Results from new step-out drill holes have demonstrated continuity of the stratabound copper and gold manto-style mineralization 100 metres down-dip and 50 metres to the northwest of the currently defined resource boundary of the Alacran Deposit. Mario Stifano, President and CEO of Cordoba Minerals, commented, “We are very pleased with the results we continue to receive from exploration drilling at Alacran. The recent results represent significant potential to extend and increase the scale of the current Alacran mineralized resource, particularly to the northwest with mineralization now extending over 1.4 kilometres in strike and up to 500 metres in lateral width. We continue to be excited and surprised by the prospectiveness of Alacran and the potential of the San Matias district with the discovery of new epithermal veins with high grade gold and cobalt that warrant continued drilling and exploration. We will continue to drill and define these highly prospective areas, and look forward to providing an updated resource estimate in Q1 2018.” | |
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