Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) reported further outstanding drill intercepts from the Cobrasco Project in Choco, Colombia, confirming a significant northwesterly extension of shallow mineralization. Drillhole CDH009, drilled from the same pad as previous holes, returned 502 meters at 0.40% copper, 73 ppm molybdenum, and 1.22 g/t silver from 38 meters downhole, including 388 meters at 0.44% copper and 186 meters at 0.50% copper.
These results expand the drillhole-defined mineralized footprint at Cobrasco Central to approximately 1,200 meters by 550 meters, with the system remaining open in all directions. Mineralization persists to the end of CDH009 at 954 meters, though copper grade decreases at depth as sericite alteration transitions to a lower-grade potassic-altered domain. Two additional drillholes, CDH010 and CDH011, have been completed from the same platform, with assays pending.
Wide-spaced scout drilling is ongoing from a new platform located approximately 350 meters northwest of the previous drill site, aiming to assess the overall scale potential of the Cobrasco mineralized system. Preparations are underway to introduce a second drill rig to expedite exploration.
Joseph van den Elsen, Andina Copper President and CEO, stated: 'Andina Copper continues to systematically advance its scout drilling programme in a northwesterly direction with wide spaced fans of holes aimed at expanding the envelope of porphyry Cu-Mo mineralization. The results of hole CDH009 validate this approach, significantly extending shallow, near-surface copper-molybdenum mineralization 350m to the northwest.'
He added: 'Incredibly, all nine drill holes reported to-date have returned wide intervals of high-grade, near-surface Cu-Mo mineralization. Mobilization of a second diamond drilling rig will expedite continued systematic and aggressive exploration and evaluation of the Cobrasco Central system and enable simultaneous testing of potential new porphyry centers.'
The geology of CDH009 shows a leached cap with supergene oxidation to 41 meters, below which significant chalcopyrite mineralization occurs as disseminations and veinlets. Below 350 meters, copper and molybdenum are associated with halo veins and alteration fronts. The highest grades are in the upper 300 meters, closely linked to intensive sericite alteration.
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, and Andina Copper X.
Francisco Montes, a consultant of Andina Copper and a qualified person under NI 43-101, has reviewed and approved the technical information. The company holds significant discoveries along the Andean porphyry belt in Argentina and Colombia.
