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Cordoba Minerals Commences Diamond Drilling at Perseverance Porphyry Copper Project in Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Sarah Armstrong-Montoya, Pr...
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"Cordoba Minerals Commences Diamond Drilling at Perseverance Porphyry Copper Project in Arizona, USAVancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF; otherwise \"Cordoba\" or the \"Company\") is pleased to announce that drilling has commenced today at the Perseverance porphyry copper project, located in northwestern Arizona, USA.Highlights: Assay results from drill hole K-20, drilled in early 2018 to a vertical depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres (refer to Cordoba's news release dated May 21, 2019). This long intercept of anomalous copper could indicate that the hole intersected the low grade, peripheral envelope to a porphyry copper system.Magneto-telluric (\"MT\") data collected to date have defined two low resistivity anomalies of less than 10 ohm-m located to the north and to the east of drill hole K-20. A low resistivity anomaly of less than 14 ohm-m is a characteristic feature of the giant, high-grade Resolution porphyry copper deposit in Arizona owned by Rio Tinto and BHP.An initial two diamond drill hole program has commenced today to test the Northern MT anomaly. \"We are excited to recommence drilling at Perseverance, and follow-up on K-20 which returned more copper than any previous holes on the project. Our geologists have identified two highly prospective targets based on the partial data received from the recent MT survey,\" commented Ms. Armstrong-Montoya. \"We believe there is great potential at Perseverance.\"K-20 Suggested Proximity to Porphyry Copper SystemCordoba previously announced that diamond drill hole K-20 was halted at a depth of 1,319 metres (refer to Cordoba's news release dated February 25, 2019). Assay results from drill hole K-20, drilled vertically to a depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres (refer to Cordoba's news release dated May 21, 2019). This long intercept of anomalous copper could indicate that the hole intersected the peripheral, weakly mineralized zone of a porphyry copper system.MT Surv...