News Releases

Cordoba Minerals Reports Assay Results from K-20 Drill Hole at Perseverance Porphyry Copper Project in Arizona, USA

May 21, 2019

HPX majority-owned subsidiary Cordoba Minerals Corp. (TSX-V:CDB; OTCQB:CDBMF) is pleased to announce assay results from diamond drill hole K-20 completed at the Perseverance porphyry copper project in northwestern Arizona, USA.

Highlights

  • Assay results from drill hole K-20, drilled vertically to a depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres. This long intercept of anomalous copper indicates that the hole intersected the peripheral part of a porphyry copper system.
  • Magneto-telluric (“MT”) data, collected by a previous Bell Copper Corporation joint venture partner, suggest that the centre of the porphyry copper system is located to the northeast of drill hole K-20, as also verified by downhole acoustic televiewer (“ATV”) measurements of fractures and vein-sets.
  • The next step in the exploration program will be to extend MT coverage to the northeast to close-off the existing deep conductive anomaly prior to further drilling. Diamond drilling is expected to recommence shortly thereafter.
Figure 1: View showing the location of drill hole K-20 relative to the MT anomaly that plunges gently to the NE. Note that all previous drill holes were terminated before reaching the anomaly at depth.

For more details see Cordoba’s news release.


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