Cordoba Minerals has suspended the drill program at the Alacran copper-gold deposit in the company’s San Matias project in Colombia.
Cordoba Minerals (TSXV:CDB,OTCQB:CDBMF) has suspended the drill program at the Alacran copper-gold deposit in the company’s San Matias copper-gold project in Colombia.
As stated in the press release:
Cordoba announces the suspension of diamond drilling operations at Alacran due to potential security concerns raised by company personnel and contractors after receiving demands and threats. The security and safety of the company’s employees, contractors and the local communities is of the highest importance and the suspension of operations will continue until the satisfactory completion of an investigation by the authorities.
The company has had discussions with the National government, the local authorities and the Colombian military to resolve the issue in a timely manner. The National government and the local authorities have offered their continuing support to reinstate operations as soon as possible. The company thanks the authorities for their assistance and the armed forces for their continuing presence pursuant to a formal military cooperation agreement to ensure the safety of the employees and contractors of the company and the local communities.