Business
Cordoba Minerals Provides an Update on Recent Activities
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2023) - Cordoba Minerals Corp. (TSXV:...
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"Cordoba Minerals Provides an Update on Recent ActivitiesVancouver, British Columbia--(Newsfile Corp. - February 14, 2023) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise \"Cordoba\" or the \"Company\"), today announces that it has temporarily suspended its Feasibility Study in-fill drilling program and other on-site work at the Company's San Matias Copper-Gold-Silver Project. The Company has been closely monitoring the impact of the ongoing public demonstrations on social reformation taking place across Colombia. Cordoba's primary focus remains the health and safety of all its employees and contractors as well as its host communities. As such, we have taken action to immediately suspend operations at San Matias. The Company is now liaising with the local authorities to determine when it may re-commence its camp activities and Feasibility Study in-fill drilling program. All desk-top work on the Feasibility Study technical programs for the Alacran Project will continue as usual. The Company expects to resume all work within the next 7-10 days but in any case will continue monitoring the situation in Colombia and provide updates accordingly. About CordobaCordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is developing the San Matias Copper-Gold-Silver Project, which includes the Alacran deposit and satellite deposits at Montiel East, Montiel West and Costa Azul, located in the Department of Cordoba, Colombia. The Company has entered into a strategic arrangement with JCHX Mining Management Co., Ltd., pursuant to which JCHX will acquire 50% of the Alacran Project and the parties will jointly develop the Project. The Company anticipates the strategic arrangement will close around the end of the second quarter of 2023, on satisfaction or waiver of all conditions to completion. Cordoba also holds a 51% interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture and Earn-In Agreement. For further information, please visit www.cordobaminerals.com.ON BEHALF OF THE COMPANYSarah Armstrong-Montoya, President and Chief Executive OfficerInformation ContactRan Li [email protected] the TSX Venture Exchange nor its Regulation Services Provider (as that term ...