Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) has reported outstanding drill results from hole CDH006 at the Cobrasco Project in Chocó, Colombia. The hole, collared on a new step-out platform 400 meters northwest of previous pads, intersected 486 meters at 0.42% copper, 51 ppm molybdenum, and 1.20 g/t silver, including a higher-grade interval of 232 meters at 0.68% copper and 75 ppm molybdenum from 38 meters depth. This confirms the continuity of the Cobrasco Central mineralization system to the northwest and expands the known footprint to approximately 950 by 525 meters within the upper 600 meters, which remains open in all directions.
President and CEO Joseph van den Elsen commented, “Every scout drillhole completed to-date has intersected significant intervals of Cu-Mo mineralization, further extending the mineralization footprint. This footprint now covers an area of at least 950 x 525m within the emerging Cobrasco Central mineralization.” He added that broadly spaced, systematic scout drilling will continue to define the limits of mineralization, with preparations underway for a second drill rig to support infill drilling and new target definition.
Drillhole CDH006 (azimuth 225°, dip -60°, depth 898.90 meters) was designed to test the northwest extension of the mineralized system. The hole encountered near-surface mineralization starting at 38 meters within weathered saprolite, with high-grade intervals associated with structural controls such as shearing and brecciation. For example, sample G517536 from 46-48 meters returned 4.6% copper and 1495 ppm molybdenum. Mineralization occurs in rhyodacitic porphyries with chalcopyrite and bornite, and hydrothermal alteration ranges from strong argillic in the upper portions to phyllic and grey-green-sericite at depth. A magmatic brecciation zone from 38 to 270 meters hosts the standout intercept of 232 meters at 0.68% copper and 75 ppm molybdenum.
Two additional step-out holes, CDH007 and CDH008, have been completed from the same drill platform testing northeast and north orientations, with assays pending. The ongoing program continues to expand the mineralization footprint, which remains open in all directions. A new program of surface mapping and geochemical sampling is being prepared to run concurrently with drilling. The company also noted that preparations are underway to mobilize a second drill rig to support both definition of new targets and infill drilling across widely spaced scout holes.
The qualified person for the technical information is Francisco Montes, a consultant of Andina Copper Corp and a member of the Australian Institute of Geoscientists (MAIG #4160). The company's corporate presentation is available at Andina Copper Corporate Presentation. Interested parties can subscribe to the mailing list and follow social media channels at Mailing List, Andina Copper LinkedIn, Andina Copper X, and Andina Copper Instagram.
