Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) has announced further outstanding drill intercepts from its Cobrasco Project in Choco, Colombia. Drillhole CDH009, drilled from the same pad as previous holes CDH006, CDH007, and CDH008, reached a final depth of 954 meters and confirmed a significant northwesterly extension of near-surface mineralization, with grades notably increasing from 38 meters downhole.
The results demonstrate that the Cobrasco Central Cu-Mo mineralized system continues to grow. CDH009 returned 502 meters at 0.40% copper, 73 ppm molybdenum, and 1.22 g/t silver from 38 meters depth, including 388 meters at 0.44% copper, 36 ppm molybdenum, and 1.28 g/t silver, and a higher-grade interval of 186 meters at 0.50% copper, 22 ppm molybdenum, and 1.48 g/t silver. These intercepts expand the drillhole-defined mineralized footprint to approximately 1,200 meters by 550 meters, with the system remaining open in all directions.
Mineralization persists to the end of CDH009 at 954 meters, but copper grade decreases at depth as the intensity of overprinting sericite alteration and associated chalcopyrite–bornite mineralization transitions to a lower-grade potassic-altered domain. Two additional step-out drillholes, CDH010 and CDH011, have been completed from the same platform, with assays pending. Geological logging indicates the mineralized system extends into both holes.
Wide-spaced scout drilling continues from a new platform located approximately 350 meters northwest of the previous drill site, designed to assess the overall scale potential of the Cobrasco mineralized system. Preparations are underway for the introduction of a second drill rig to expedite exploration.
Joseph van den Elsen, Andina Copper President and CEO, stated: “Andina Copper continues to systematically advance its scout drilling programme in a northwesterly direction with wide spaced fans of holes aimed at expanding the envelope of porphyry Cu-Mo mineralization. The results of hole CDH009 validate this approach, significantly extending shallow, near-surface copper-molybdenum mineralization 350 meters to the northwest. Incredibly, all nine drill holes reported to-date have returned wide intervals of high-grade, near-surface Cu-Mo mineralization. The current drill defined footprint is approximately 1,200m x 550m and remains open in all directions. Mobilization of a second diamond drilling rig will expedite continued systematic and aggressive exploration and evaluation of the Cobrasco Central system and enable simultaneous testing of potential new porphyry centers.”
For more details, the company’s corporate presentation is available at Andina Copper Corporate Presentation. Interested parties can subscribe to the mailing list and follow social media channels at Mailing List, Andina Copper LinkedIn, and Andina Copper X.
The technical information in this news release has been reviewed and approved by Francisco Montes, a consultant of Andina Copper Corp and a qualified person under NI 43-101.
