VANCOUVER, BC, Nov. 6, 2024 /CNW/ – Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (“Libero Copper” or the “Company”) is pleased to announce the details of its ongoing 14,000-metre exploration program at the Mocoa porphyry copper-molybdenum project. The extensive program, which combines infill, step-out, and regional drilling, is designed to expand the resource, enhance geological understanding, and test new target areas as part of Libero Copper’s commitment to advancing Mocoa. The flagship Mocoa porphyry Copper-Molybdenum deposit is Libero Copper’s flagship asset, located within the prolific Jurassic Copper Belt, in Colombia near the town of Mocoa, Putumayo.
Highlights
- Significant Resource Expansion Potential with 14,000 Metres of Drilling: This program increases the total historical drilling at Mocoa by nearly 50%, with a focus on infill and step-out drilling. Targeted zones aim to expand high-grade copper (Cu) and molybdenum (Mo) areas, designed at enhancing the understanding of the overall resource potential.
- Exploration of New Target Areas: This program targets new prospective areas—including Silencio, Neblina, and Piedralisa—where initial soil anomalies indicate promising mineralization. Extensive groundwork is underway to refine these areas for potential discoveries.
- Strategic Growth Based on Comprehensive Analysis: This 14,000-metre program builds on two years of extensive groundwork, including re-logging, geological modelling, geophysical analysis, and geochemistry of soils and rocks. Designed to address key questions around Mocoa’s potential, the program reflects a systematic approach to understanding and expanding the resource’s scale.
Read the full press release here 
About Libero Copper
Libero Copper is led by a team with rare experience—having advanced projects from post-resource discovery to the path of construction, including some of the few large copper projects built in the last 20 years. This real-world expertise drives Libero Copper’s focus on relationships, responsibility, trust, and a relentless commitment to sustainable progress.
At the core of Libero Copper’s portfolio is the Mocoa copper-molybdenum porphyry deposit in Putumayo, Colombia. Mocoa stands as a cornerstone asset with immense potential for expansion.
Now, with the Fiore Group’s bold company-building vision behind it, Libero Copper is uniquely positioned to fill a crucial gap in the copper industry—advancing large-scale projects toward construction. Through this approach, Libero Copper is committed to creating lasting value for all stakeholders while positioning itself at the forefront of meeting the growing global demand for copper—the metal driving progress in the modern economy.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements
This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including statements relating to the expected use of proceeds from the Offering. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company’s control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forwardlooking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Libero Copper & Gold Corporation
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For further information: Additional Information: Ian Harris, Chief Executive Officer, +1 604 294 9039, harris@liberocopper.com; Tetiana Konstantynivska, Vice President Investor Relations, +1 778 829 8455, tk@liberocopper.com CO: Libero Copper & Gold Corporation CNW 09:57e 12-DEC-24.