CEO of Cordoba Minerals (TSXV: $CDB.V; OTCQX: $CDBMF) Talks about #Mining in #Colombia and His Copper-Gold San Matias Project
Point Roberts, WA and Delta, BC - June 12, 2017 (Investorideas.com Newswire) Investorideas.com, a global news source covering leading sectors including mining stocks releases an exclusive podcast interview with Mario Stifano, President and CEO of Cordoba Minerals (TSXV: CDB.V; OTCQX: CDBMF).
Cordoba Minerals Corp.'s San Matias project continues to reveal copper-gold mineralization within Carbonate Base Metal (CBM) veins in the Alacran deposit.
President and CEO of Cordoba, Mario Stifano said that recent drilling has revealed these finds and believes there is more to come.
Listen to the Podcast:
CEO of Cordoba Minerals Talks about Mining in Colombia and His Copper-Gold San Matias Project
"One of the last holes we drilled and one of the more exciting holes that we've drilled ended up being 4400 grams of gold, 10 percent copper, 25 percent zinc and around 350 grams of silver over 0.9 meters in a carbonate base metal vein," he said. "It's a different type of mineralization that cross-cut the main deposit. In subsequent drilling of that we found additional carbonate base metal veins and we're confident now that we have a 400 meter strike length of carbonate base metal veins within the Alacran deposit. So potentially we have two mines in one."
The San Matias project is located in the Municipality of Puerto Libertador in the Department of Còrdoba in Colombia. Cordoba's mining rights for the project cover about 200 square kilometres and according to Stifano, is off limits to competitors.
"No other junior mining company can step foot here because we locked up what we think is all the best ground," he said.
Stifano said that the San Matias location was ideal for mining, not only because of the geography, but because of the infrastructure provided by other mines in the area.
"We're in the northern part of Colombia and that means we're at sea level on flat land, which is ideal topography for open pit mining," he said. "This is the mining district for the country so there's operating coal mines all the way through northern Colombia, oil and gas. Where our project is located, we're 20 km away from an operating open-pit nickel mine called Cerra Matoso, it's owned by South32 which used to be BHB, as well as two open-pit coal mines owned by a large Colombian conglomerate called Argos. As a result of these neighbours we've got a tremendous amount of infrastructure ready in place for mining. We've got roads, power, a workforce that is amenable and experienced in open-pit mining."
Stifano is confident in the project and attributes Cordoba's success to his experienced team.
"We think we have one of the best copper, gold and one of the best exploration projects in Latin America if not all of the Americas," he said. "I don't think there's any other junior that could compare to Cordoba when it comes to experience and finding world class assets."
Stifano emphasized the long term benefits of investing in the mining sector, and also the positive effect that Cordoba had on the local population.
"From an investor perspective, what you've got to look for is the team that's able to put a mine into production, discover assets, and finance these assets. You've got to look at the longer term horizon," he said. "You can see the amount of wealth you create, not only for the shareholders, obviously that's very important, but the wealth you can create for the local communities is tremendously satisfying."
About Cordoba Minerals:
Cordoba Minerals Corp. (TSX-V: CDB) (OTCQX: CDBMF) is a mineral exploration company focused on making the next world class copper gold discovery in Colombia. The Company's San Matias Project is located on the northern extension of the prolific and richly endowed Mid Cauca Gold Belt. The Company has entered into a joint venture agreement with High Power Exploration Inc. ("HPX"), a company indirectly controlled by mining entrepreneur Robert Friedland, whereby HPX can earn up to a 65% interest in the San Matias Project by funding the Project and completing a feasibility study.
The San Matias Project covers over 20,000 hectares with ideal open pit topography. The project is situated near two operating open pit mines, on the national power grid, and easily accessible to paved national highways and roads
Cordova Minerals (TSXV: $CDB.V; OTCQX: $CDBMF) is a featured mining stock on Investorideas.com
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