Libero Copper Advances Exploration Initiatives at Mocoa
Introduction to Libero Copper's Exploration Strategy
Libero Copper & Gold Corporation is embarking on a promising exploration phase at its flagship Mocoa Porphyry Copper-Molybdenum Deposit. This initiative aims to build on significant findings, including drill hole MD-043, which demonstrated impressive intersections of 1,228.5 meters averaging 0.58% copper equivalent, accentuating the high-grade cores of the deposit.
Upcoming Drilling Program
The upcoming 14,000-meter drilling program marks a vital step in Libero Copper's exploration efforts. Set to take place from Q4-2024 through H1-2025, this program is designed to enhance resource expansion, infill drilling, and the testing of high-priority porphyry targets. The aim is to significantly increase the understanding and valuation of the Mocoa Deposit.
Focus on Drill Hole MD-043
This drilling initiative focuses on the high-grade core of drill hole MD-043, which revealed a stunning 250.8 meters at 1.12% copper equivalent. Additionally, the program will investigate extensive copper-molybdenum soil anomalies surrounding the resource area, enhancing the prospects of new discoveries.
Fieldwork Preparations
Preparations for fieldwork are well underway, including essential tasks such as recruiting critical personnel, ensuring that the on-site camp is fully operational, and the maintenance of drilling equipment. These efforts underscore Libero Copper's commitment to establishing a solid foundation for the exploration work ahead while also reducing operational costs through improved access routes.
Community Engagement and Support
Libero Copper recognizes the importance of community relationships. The construction of a new walking bridge to enhance access to the exploration site exemplifies this commitment. This project is conducted in collaboration with the local community under a mutual benefits agreement, reflecting Libero's dedication to harmonious community engagement.
Drill Hole Insights and Expansion Potential
The exploration strategy aims to capitalize on the findings from drill hole MD-043, which provided critical insights into the potential for resource expansion at Mocoa. The identified mineralization pattern, depth potential, and historical data from the area strongly suggest that continued exploration could unveil substantial new resources.
Recognition at National Mining Congress
Recently, Libero Copper was recognized at the National Mining Congress for its engagement with local communities and its reputation within the mining sector. The company ranked high for its reputation in mining municipalities and with government authorities, which is vital for progressing the Mocoa project.
Technical Expertise Behind Exploration
Libero Copper's exploration efforts are backed by a dedicated team of experts led by Edwin Naranjo Sierra, ensuring that operations align with industry standards and best practices. This qualified oversight is crucial for navigating the complexities of mineral exploration and project development.
Upcoming Developments and Goals
The Mocoa Deposit, situated within a geologically rich belt, holds immense potential for significant copper and molybdenum resources. While the current focus is on drilling and resource assessment, Libero Copper remains committed to sustainable operations and continuous community collaboration as it strives to realize the full potential of the Mocoa Project.
Frequently Asked Questions
What is the primary goal of Libero Copper's upcoming drilling program?
The upcoming drilling program aims to enhance resource expansion and test new high-priority porphyry targets at the Mocoa Deposit.
How significant are the results from drill hole MD-043?
Drill hole MD-043 yielded significant results, including 1,228.5 meters at an average of 0.58% copper equivalent, highlighting the deposit's high-grade cores.
What community initiatives is Libero Copper involved in?
Libero Copper is constructing a new walking bridge and enhancing access routes, showcasing its commitment to community engagement and mutual benefits agreements.
Who oversees the technical aspects of Libero Copper's exploration?
Edwin Naranjo Sierra, the Exploration Manager, serves as the Qualified Person overseeing the technical details of the exploration programs.
What recognition did Libero Copper receive at the National Mining Congress?
Libero Copper was recognized for its strong reputation in mining municipalities and its collaborative efforts with governmental authorities.
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