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Cordoba Minerals Reports Remaining Assay Results from 2017 Drill Program
TORONTO, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Cordoba Minerals Corp. (TSX-V:CDB) (OTCQX:CDBMF) (“Cordoba” or the “Company”) is pleased to announce assay results fr
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"TORONTO, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Cordoba Minerals Corp. (TSX-V:CDB) (OTCQX:CDBMF) (“Cordoba” or the “Company”) is pleased to announce assay results from the remaining three drill holes completed as part of the 2017 resource expansion diamond drilling program at the Alacran Deposit, located within the 100%-owned San Matias copper-gold project in Colombia. These results follow Cordoba’s news release dated December 5, 2017. The 2017 drilling program at the Alacran Deposit has been effective at improving the continuity of mineralization and testing resource expansion potential in areas located to the north, west and south of the currently defined resource. These new mineralized zones will be added into the updated Alacran resource estimate expected during the first quarter of 2018. Highlights (refer to Table 1 for full results) ACD078: 0.78% copper and 0.17 g/t gold over 29.5 metres (0.91% copper equivalent [“CuEq”]; from 32.0 metres), including: 1.51% copper and 0.38 g/t gold over 10.0 metres (1.79% CuEq; from 40.0 metres). ACD079: 1.05% copper and 0.29 g/t gold over 46.8 metres (1.28% CuEq; from 88.4 metres), including: 1.88% copper and 0.47 g/t gold over 20.5 metres (2.24% CuEq; from 109.5 metres). ACD081: 0.78% copper and 0.18 g/t gold over 64.4 metres (0.92% CuEq; from 33.6 metres), including: 1.61% copper and 0.41 g/t gold over 15.1 metres (1.92% CuEq; from 52.9 metres). “The latest results provide another high point at the end of a very positive 2017 drill program at Alacran,” commented Mario Stifano, President and CEO of Cordoba Minerals. “This successful resource expansion program demonstrated the positive return on exploration investment we have come to expect from this project. Following our 2017 program, our geologists have a greater understanding of the mineralized systems at Alacran, and we look forward to providing the market with an updated resource estimate as well as commencing additional regional exploration during 2018.” Discussion On Section 855540mN (Figure 1), ACD079 has now successfully infilled the 120 metre pre-existing gap within the well-mineralized “footwall manto” that was intersected by drill holes ACD032 and ACD035 (previously released in January 2017), now with a new significant intercept outlined in Table 1. 1.05% copper and 0.29 g/t gold over 46.8 metres (1.28% CuEq; from 88.4 metres) as ...