The advanced stage Esperanza exploration project is road accessible, contains multiple copper-gold drill targets supported by numerous high-grade surface rock samples across a large alteration footprint and numerous historical drill intercepts including 387 metres of 0.78% copper equivalent from surface through end of hole. An initial 5,000 metre drill program is planned for the second quarter.
Drill ready porphyry copper-gold advanced exploration project in mining-friendly Huachi mining district,
Drill intercepts include 387 metres of 0.78% Cueq (0.57% Cu and 0.27g/t Au) (including 232 metres of 1% Cueq (0.74% Cu and 0.33 g/t Au)), starting at surface and open at depth and in all directions.
Porphyry copper-gold mineralization exposed on surface with numerous high-grade surface rock samples (0.10% - 8.29% copper) associated with widespread quartz-sericite-pyrite, clay, and biotite alteration footprints (2.0 km by 1.2 km) identifying multiple untested porphyry and epithermal targets.
Confirmed copper-gold porphyry system juxtaposed with epithermal gold mineralization. High-grade epithermal gold zones with drill intercepts including 3 metres of 65 g/t Au and 7 metres of 4.7 g/t Au.
Initial 5,000 metre drill program planned for the second quarter.
'Esperanza adds another advanced stage copper-gold porphyry to the portfolio of Libero, in another mining-friendly jurisdiction known for major mining projects. We are very excited about this exceptional drill target as a 2018 drill program intercepted 387 metres of 0.78% copper equivalent from surface through to the end of hole, which was never followed up on due to market conditions,' comments
The Esperanza project lies within the pre-cordillera tectonostratigraphic belt of northern
Drill hole
Libero has entered into an option agreement with
About
Libero is unlocking the value of a collection of porphyry copper deposits throughout the
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions and regulatory and administrative approvals, processes and filing requirements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.
Contact:
Tel: +1 604 294 9039
Email: harris@liberocopper.com
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