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Thread Contributor: Rss Bot[Financial]-Cordoba: Copper in Colombia

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Cordoba: Copper in Colombia

The initial NI 43-101 inferred resource is an impressive start. “We already have 53.5 million tonnes at 0.70% copper and 0.37 g/t gold or 1.1 billion pounds of copper equivalent or 2.4 million ounces of gold equivalent. Most copper mines are 0.5% copper equivalent, and we have signifantly more copper plus the gold putting our grade at almost twice the average and the deposit will get bigger”, added Stifano.

In our interview Stifano elaborated, “The initial NI 43-101 was based on results from only the first 22 holes we’ve drilled. There is a lot of “unclassified” material within the pit shell but we have just not done enough drilling to commit this material to resources. Also the deposit remains open.”

Perhaps as important is that the best hole Cordoba has drilled so far, with 108 meters of 1.26% copper and 0.87 g/t gold, is outside the pitshell. “Wherever we have drilled or sampled on the property we have found mineralization.” said Stifano.


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