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Cordoba Minerals Receives Additional High-Grade Intercepts from Alacran Deposit in Colombia
TORONTO, ONTARIO--(Marketwired - Dec. 5, 2017) - Cordoba Minerals Corp. (TSX VENTURE:CDB)(OTCQX:CDBMF) ("Cordoba"or the "Company") is pleased to announce additi
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - Dec. 5, 2017) - Cordoba Minerals Corp. (TSX VENTURE:CDB)(OTCQX:CDBMF) (\"Cordoba\"or the \"Company\") is pleased to announce additional high-grade intercepts from the ongoing resource expansion diamond drilling at the Alacran Deposit, located within the 100%-owned San Matias copper-gold project in Colombia. An additional fifteen drill holes (ACD067 to ACD081) have been completed at the Alacran Deposit that focused on improving the continuity of mineralization and testing resource expansion potential in areas located to the north, west and south of the currently defined resource. Assay results from three drill holes are pending (ACD078, 079, and 081) and are expected to be included in the updated resource estimate to be completed in the first quarter of 2018. Results from new step-out drill holes have demonstrated continuity of the stratabound copper and gold manto-style mineralization 100 metres down-dip and 50 metres to the northwest of the currently defined resource boundary of the Alacran Deposit. Hole ACD070 reported a significant manto intercept of 57.5 metres @ 0.65% copper and 0.43 g/t gold, including a new style of high-grade epithermal vein mineralization comprising a 1.3-metre-thick vein containing 11.30 g/t gold and 1.13% cobalt. The stratabound and the vein-style mineralization are open down-dip and on-strike to the northwest as highlighted on the long section in Figure 7 and on the map on Figure 9. Diamond drilling has continued to define the southern extension of Alacran, previously identified by hole ACD066, released in July 2017, which was collared 200 metres to the south of the Inferred Mineral Resource. Hole ACD069 was collared 65 metres southwest of ACD066 and intersected 25.4 metres @ 0.71% copper and 0.14 g/t gold. Exploration efforts continue to add new mineralized zones into the updated Alacran resource estimate expected in Q1 2018. Highlights (refer to Table 1 for complete drilling results) ACD070: 57.5 metres @ 0.65% copper and 0.43 g/t gold (0.98% copper equivalent [\"CuEq\"]; from 183.5 metres), including 1.3 metres @ 11.30 g/t gold, 1.13% cobalt (from 196.6 metres) 13.3 metres @ 0.99% copper, 0.29 g/t gold (1.21% CuEq; from 204.2 metres) 9.1 metres @ 1.26% copper, 0.40 g/t gold (1.56% CuEq; from 222.1 metres) ACD074: 16.7 metres @ 1.24% copper, 0.13 g/t gold (1.34% CuE...