Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) has reported outstanding drill results from the second hole of its maiden diamond drilling program at the Cobrasco copper-molybdenum project in Choco, Colombia. The results from drillhole CDH004, following recent high-grade intercepts from CDH003, further validate the size and scale of the mineralized system.
Drillhole CDH004, completed to a depth of 900.25 meters, intersected multiple phases of porphyry and breccia units. The interval from 579 to 686 meters returned 0.75% copper over 107 meters, including a peak 2-meter assay of 1.70% copper. This interval is associated with intensely fractured magmatic-hydrothermal breccias interpreted as a significant contributor to the mineralized system. Sporadic gold mineralization of up to 1.06 g/t was also encountered, suggesting a possible gold-rich intrusive phase within the broader Cobrasco system.
Drillhole CDH005, designed to expand the mineralized footprint to the southwest of CDH003 and CDH004, was completed to 934 meters. Visual logging indicates strong copper mineralization, with assays pending. Step-out drillhole CDH006 is currently underway, targeting potential large extensions of the system. Joseph van den Elsen, President and CEO, stated: “Following recent results from CDH003, the wide intercepts of high-grade copper mineralization reported in CDH004 further validate the size, scale and grade of the Cobrasco system. We see the potential for a globally significant deposit(s) at Cobrasco.”
The company plans to mobilize a second drill rig to expedite exploration. Ongoing step-out drilling aims to systematically expand the footprint, add volume to copper grade shells, and define the lateral extents of the system. The Cobrasco project is located in the Andean porphyry belt, a premier copper-producing region. Andina Copper holds two significant discoveries in Argentina and Colombia, along with a copper-gold target in Chile.
For more details, view the company’s corporate presentation at Andina Copper Corporate Presentation. Interested parties can follow updates via the Mailing List and social media channels.
