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An announcement from Libero Copper & Gold ( (TSE:LBC) ) is now available.
Libero Copper & Gold has commenced drilling at its Mocoa porphyry copper-molybdenum deposit in Colombia, with the second hole, MD-045, part of a 14,000-metre resource expansion program. This initiative aims to explore the western potential of the deposit, following the clarification of forestry reserve boundaries, which enhances the strategic significance of this expansion. The drilling is intended to assess the structural controls and continuity of mineralization, which are crucial for optimizing the resource expansion strategy. This development potentially lays the groundwork for significant long-term growth and positions Mocoa as a world-class deposit.
More about Libero Copper & Gold
Libero Copper & Gold Corporation operates in the mining industry, focusing on the exploration and development of copper and gold properties. The company is engaged in resource expansion and optimization, primarily targeting high-grade zones at its Mocoa porphyry copper-molybdenum deposit in Colombia.
YTD Price Performance: -4.29%
Average Trading Volume: 242,498
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$19.2M
For an in-depth examination of LBC stock, go to TipRanks’ Stock Analysis page.
