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Cordoba Minerals Restarts Feasibility Study Work Programs and In-Fill Drilling at San Matias Project in Colombia
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2023) - Cordoba Minerals Corp. (TSXV:...
About this update from Cordoba Minerals Corp.
[{"type":"text","content":"Cordoba Minerals Restarts Feasibility Study Work Programs and In-Fill Drilling at San Matias Project in ColombiaVancouver, British Columbia--(Newsfile Corp. - February 17, 2023) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise \"Cordoba\" or the \"Company\") today announces that the Company has recommenced Feasibility Study technical programs, including the in-fill drilling campaign for the Alacran Project. Today's announcement follows the Company's previous announcement on temporarily suspending operations at the San Matias Copper-Gold-Silver Project due to public demonstrations on social reforms in Colombia (refer to Cordoba's new release dated February 14, 2023). \"With the support from the local authorities and communities, our teams are restarting the Feasibility Study work programs and in-fill drilling campaign, and continue to move the Alacran Project towards the targeted milestones,\" commented Ms. Sarah Armstrong-Montoya, President and CEO of Cordoba. 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 is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis news release includes \"forwa...