Libero Copper Achieves High-Grade Results at Mocoa Deposit
Exciting Drill Results from Mocoa Project
Libero Copper & Gold Corporation has reported promising results from its latest drill hole MD-045 at the Mocoa porphyry copper-molybdenum deposit. This ongoing exploration is part of an ambitious 14,000-metre resource expansion drilling program designed to unlock the full potential of the Mocoa deposit.
Significant Intersections Confirmed
The drill hole MD-045 has revealed notable intersections within a massive 992-metre interval grading at 0.51% CuEq. Among the findings, significant results include:
- 350 metres at 0.70% CuEq starting from the surface.
- 101 metres at 0.76% CuEq from a depth of 115 metres.
- 50 metres with a 1.02% CuEq grade from 127 metres down the hole.
These results not only confirm the resource expansion potential but also validate ongoing drilling efforts. The exceptional performance of this drill hole signals the prospect for further high-grade areas within the deposit.
Expanding the Understanding of Mocoa
MD-045 belongs to a series of drill holes—MD-043, MD-044, and MD-045—that collectively reinforce the understanding of the Mocoa deposit's structure and potential. These drill holes showcase a robust continuity of mineralization, extending well beyond previously defined boundaries. With infrastructure improvements in place, Libero Copper is focused on accelerating its drilling efforts to maximize efficiency and resource extraction.
Libero's President, Ian Harris, expressed optimism regarding these findings: "These results not only confirm our geological model but also illustrate an emerging system of high-grade mineralization. Every drill result strengthens our position as we advance Mocoa's development toward an updated resource evaluation."
Future Directions for Mocoa
The 2025 drill program at Mocoa aims to refine the localization of high-grade copper and molybdenum while expanding the resource base. The current drilling activities seek to connect previously isolated mineralized zones, paving the way for a comprehensive understanding of the deposit.
Technical Insights into Drill Hole MD-045
Drill hole MD-045 confirmed significant geological features, reflecting a history of multiple hydrothermal events that have contributed to the mineralized system observed today. The hole concluded in sericite-altered porphyry, with visible signs of extensive mineralization and the potential for upward revisions to the model.
Notéthis hole exemplifies the thorough exploration regime exercised by Libero Copper, ensuring that each new finding contributes significantly to the understanding of the mineralization and hydrothermal processes at play.
Exploring Further Beyond Current Findings
The findings at Mocoa highlight the opportunity for continued exploration and development. Initial results indicate additional targets for further drilling and analysis. As Libero Copper continues to advance this project, the potential for uncharted high-grade areas remains high.
Frequently Asked Questions
What is the significance of drill hole MD-045?
Drill hole MD-045 has demonstrated the presence of high-grade copper and molybdenum mineralization, reinforcing Libero Copper's strategy for resource expansion.
How does Libero Copper plan to proceed with exploration?
The company is committed to an extensive 14,000-metre drill program aimed at refining resource estimation and increasing overall mineralization understanding.
Who is leading the exploration at Mocoa?
The exploration is managed by Edwin Naranjo Sierra, Libero Copper's Exploration Manager, who ensures compliance with high standards of quality and thoroughness.
What are the expected outcomes of the 2025 drill program?
The 2025 drill program aims to expand the resource base and deepen the understanding of mineral distributions within the Mocoa project.
Where is the Mocoa deposit located?
The Mocoa deposit is located in the Putumayo region, 10 kilometers from the town of Mocoa, and is positioned near a rich geological belt known for porphyry copper deposits.
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