Accelerated Development of San Matias Copper-Gold-Silver Project in
Geophysical Survey Underway at Perseverance Copper Project in
Cordoba Minerals Corp. (TSX-V:CDB; OTCQB:CDBMF) (“Cordoba” or the “Company”) today announced its upcoming work program for 2020 at the San Matias Copper-Gold-Silver Project in Colombia and the Perseverance Copper Project in Arizona, USA.
At San Matias, Cordoba plans on accelerating development of the Alacran deposit and has begun the pre-feasibility studies required to secure the necessary Colombian mining approvals. Cordoba will also pursue further exploration in the San Matias district, including advancing the search for the porphyry sources of the Alacran and Montiel West deposits.
At the Company’s Perseverance Copper Project, which it is exploring through a Joint Venture and Earn-In Agreement with Bell Copper Corporation (“Bell Copper”), Cordoba has commenced a magneto-telluric (“MT”) geophysical survey. The goal of the MT survey is to close off the previously-identified strong conductivity anomaly thought to reflect the southwestern edge of a concealed porphyry system.
“We have a very exciting work plan for the year ahead,” said Eric Finlayson, President and CEO of Cordoba and President of Cordoba’s majority shareholder High Power Exploration (“HPX”). “At San Matias, which has been designated as a project of national significance by the Government of Colombia, we are conducting pre-feasibility studies for mine development at the Alacran copper-gold-silver deposit while continuing the search for the concealed porphyry systems responsible for mineralization in the area. At Perseverance, together with our joint venture partner Bell Copper, we hope to definitively test the porphyry copper potential of the project in 2020.”
For full details please see Cordoba’s news release.