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Andina Copper Hits High-Grade Copper-Molybdenum in Maiden Cobrasco Drillhole

Story Highlights
  • Andina Copper’s first Cobrasco drillhole returned long, high-grade copper-molybdenum mineralization, confirming a robust porphyry system.
  • Ongoing drilling and surface work are expanding Cobrasco’s mineralized footprint, adding exploration upside across Andina’s project portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andina Copper Hits High-Grade Copper-Molybdenum in Maiden Cobrasco Drillhole

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An announcement from Pampa Metals ( (TSE:ANDC) ) is now available.

Andina Copper reported strong assay results from its maiden diamond drillhole CDH003 at the Cobrasco copper-molybdenum project in Colombia, intersecting 352 metres grading 0.68% copper and 112 ppm molybdenum from 144 metres, including a higher-grade interval of 118 metres at 1.17% copper and 193 ppm molybdenum from 246 metres. The hole, extended from earlier work by Rugby Resources to 774.8 metres, encountered continuous copper mineralization from surface, underpinning management’s view that Cobrasco is a globally significant Cu-Mo porphyry system with potential for large tonnages of high-grade mineralization. Drilling is ongoing with five holes now drilled or in progress, step-out work underway to expand the mineralized footprint, and surface reconnaissance confirming mineralized structures over more than a kilometre to the north, while sporadic gold mineralization hints at a potentially gold-rich intrusive phase within the broader system, adding upside for shareholders as the company advances Cobrasco alongside active programs at its Piuquenes and Mantau projects.

The most recent analyst rating on (TSE:ANDC) stock is a Hold with a C$0.77 price target. To see the full list of analyst forecasts on Pampa Metals stock, see the TSE:ANDC Stock Forecast page.

Spark’s Take on TSE:ANDC Stock

According to Spark, TipRanks’ AI Analyst, TSE:ANDC is a Neutral.

The score is primarily held down by weak financial performance (no revenue, ongoing losses, and sustained cash burn), with valuation also constrained by negative earnings (negative P/E). Technicals provide partial support due to a strong trend and positive MACD, but overbought signals temper that benefit.

To see Spark’s full report on TSE:ANDC stock, click here.

More about Pampa Metals

Andina Copper Corporation is a mineral exploration company focused on copper and molybdenum projects, with key assets including the Cobrasco copper-molybdenum project in Colombia as well as the Piuquenes and Mantau projects. The company is pursuing large-scale porphyry systems and is active across multiple projects in its 2025–26 field season, positioning itself within the global base metals exploration space.

Average Trading Volume: 524,321

Technical Sentiment Signal: Hold

Current Market Cap: C$206.9M

Learn more about ANDC stock on TipRanks’ Stock Analysis page.

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