Copper Giant Advances PEA-Stage Metallurgical Work at Mocoa Project

Libero Copper & Gold ( (TSE:CGNT) ) has shared an update.

Copper Giant Resources has launched the next phase of metallurgical testing at its Mocoa copper–molybdenum project, engaging independent consultant Frank Wright and SGS Canada to execute an expanded program. The initiative aims to move the project toward Preliminary Economic Assessment-level technical confidence by refining process assumptions for conventional flotation processing.

Building on earlier bench-scale work that showed strong rougher recoveries and clean concentrate production, the company has assembled roughly 675 kilograms of representative samples from across the current resource. The testing will assess mineralogy, grindability, and flotation circuit design to define the relationship between concentrate grade and recovery, supporting more robust economic evaluation and strengthening Copper Giant’s development strategy for this large porphyry system.

The most recent analyst rating on (TSE:CGNT) stock is a Hold with a C$0.71 price target. To see the full list of analyst forecasts on Libero Copper & Gold stock, see the TSE:CGNT Stock Forecast page.

Spark’s Take on TSE:CGNT Stock

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

The score is held back primarily by weak financial performance—no revenue, widening losses, and significant negative free cash flow implying continued reliance on external funding. Technicals provide the main support with a strong uptrend and positive momentum, while valuation remains constrained by negative earnings and the absence of a dividend.

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

More about Libero Copper & Gold

Copper Giant Resources is a Vancouver-based mining company focused on advancing its flagship Mocoa copper–molybdenum porphyry project in Putumayo, Colombia. The company targets large-scale, bulk-tonnage copper and molybdenum production, positioning Mocoa as a potential future source of marketable copper and molybdenum concentrates within the global base metals sector.

Average Trading Volume: 1,406,084

Technical Sentiment Signal: Buy

Current Market Cap: C$163M

See more data about CGNT stock on TipRanks’ Stock Analysis page.