Cordoba Unveils Assay Results from Perseverance Copper Project

- May 21st, 2019

Cordoba Minerals has released assay results from diamond drill hole K-20 at the Perseverance porphyry copper project in Arizona.

Cordoba Minerals (TSXV:CDB,OTCQB:CDBMF) has released assay results from diamond drill hole K-20 at the Perseverance porphyry copper project in Arizona.

Highlights from the press release are as follows:

  • Assay results from drill hole K-20, drilled vertically to a depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres. This long intercept of anomalous copper indicates that the hole intersected the peripheral part of a porphyry copper system.

  • Magneto-telluric (“MT”) data, collected by a previous Bell Copper Corporation joint venture partner, suggest that the centre of the porphyry copper system is located to the northeast of drill hole K-20, as also verified by downhole acoustic televiewer measurements of fractures and vein-sets.

  • The next step in the Company’s exploration program will be to extend MT coverage to the northeast to close-off the existing deep conductive anomaly prior to further drilling. Diamond drilling is expected to recommence shortly thereafter.

Eric Finlayson, Cordoba President and CEO, commented:

“Our understanding of the Perseverance porphyry copper system continues to improve. Evidence suggests that K-20 is located on the southwestern margin of a concealed Laramide porphyry copper system. We believe that there is good potential for a significant copper discovery and are very pleased to have completed the necessary spending requirements to increase our project ownership to 25 percent.”

Click here to read the full press release from Cordoba Minerals.

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