Cordoba to restart PEA work for Alacrán deposit in Colombia

The San Matías copper-gold project in Colombia. Photo by Cordoba Minerals.

Cordoba Minerals (TSXV: CDB) announced that it has restarted work on the preliminary economic assessment for the Alacrán deposit, located within its 100%-owned San Matías copper-gold project in Colombia.

In a press release, the Vancouver-based miner explained that as part of the PEA, its partner Nordmin Engineering is re-evaluating the Alacrán mineral resource estimate with an improved geological understanding of the high-grade domains following recent drilling, metallurgical testing and re-mapping of the artisanal workings.

At present, indicated mineral resources at Alacrán are 36.1 million tonnes grading 0.57% copper and 0.26 g/t gold, while inferred mineral resources are 31.8 million tonnes grading 0.52% copper and 0.24 g/t gold.

“We are very pleased to have Nordmin revisit the Alacran Preliminary Economic Assessment and look forward to receiving their results, which we believe will demonstrate a very robust copper and gold project,” Eric Finlayson, Cordoba’s president and CEO, said in the media brief.

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