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Cordoba Minerals Announces Significant Southern Extension to Alacran Copper-Gold Deposit in Colombia
TORONTO, ONTARIO--(Marketwired - July 25, 2017) - Cordoba Minerals Corp. (TSX VENTURE:CDB) (OTCQX:CDBMF) ("Cordoba" or the "Company") and its joint venture part
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - July 25, 2017) - Cordoba Minerals Corp. (TSX VENTURE:CDB) (OTCQX:CDBMF) (\"Cordoba\" or the \"Company\") and its joint venture partner, High Power Exploration Inc. (\"HPX\"), a private mineral exploration company indirectly controlled by mining entrepreneur Robert Friedland's Ivanhoe Industries, LLC, are pleased to announce that ongoing drilling at the San Matias Project in Colombia has continued to encounter high-grade copper-gold mineralization outside of the current resource shell, demonstrating significant potential to expand the current resource estimate. Drilling in this campaign was conducted over 900 metres of strike length within the central and southern parts of the Alacran Deposit. Importantly, drillhole ACD066 indicates that previous drilling in the southern-most part of the property was collared too far west and that the copper-gold deposit is offset to the east by post-mineralization faulting. This indicates potential for undrilled strike extensions of almost 500 metres. Highlights (refer to Table 1 for complete drilling results) ACD060: 42 metres @ 0.92% copper and 0.23 g/t gold (1.10% CuEq; from 18 metres), including: 26 metres @ 1.33% copper, 0.32 g/t gold (1.57% CuEq; from 22 metres). ACD063: 30 metres @ 0.66% copper and 0.69 g/t gold (1.18% CuEq; from 78 metres), including: 4 metres @ 0.82% copper, 2.43 g/t gold (2.66% CuEq; from 78 metres). 6 metres @ 1.26% copper, 0.67 g/t gold (1.76% CuEq; from 98 metres). 0.5 metres @ 5.97 g/t gold, 0.24% copper (from 67.2 metres) with visible gold in the preserved half-core. ACD064: 48 metres @ 1.70% copper and 0.79 g/t gold (2.30% CuEq; from 51 metres), including: 8 metres @ 2.04% copper, 1.81 g/t gold (3.41% CuEq; from 51 metres). 6 metres @ 1.44% copper, 0.60 g/t gold (1.89% CuEq; from 65 metres). 22 metres @ 2.39% copper, 0.81 g/t gold (3.00% CuEq; from 98 metres). 24 metres @ 1.10% copper and 0.27 g/t gold (1.31% CuEq; from 109 metres), including: 4 metres @ 3.76% copper, 0.67 g/t gold (4.27% CuEq; from 123 metres). Mario Stifano, President and CEO of Cordoba, commented: \"The discovery of the offsetting fault in the southern part of the Alacran Deposit demonstrates the significant potential for the deposit to grow. Visible gold in ACD063 was confirmed by assay results. This indicates that cross-cutting gold-bearing structures are fou...