VANCOUVER, BC, May 2, 2023 /CNW/ – Libero Copper & Gold Corporation (“Libero Copper) (TSXV:LBC) (OTCQB:LBCMF) (DE:29H) is pleased to announce that the company has partnered with Anglo Asian Mining PLC (“Anglo Asian”) for the initial design, engineering, and financial modelling of the Mocoa Porphyry Copper-Molybdenum deposit, located in Putumayo, Colombia. Anglo Asian is a strategic partner and largest shareholder of Libero Copper. Anglo Asian, as an experienced project developer, mine builder, operator, and explorer bringing a proven team with expertise in mine design, planning, metallurgy, geology, environmental management, and social engagement. Anglo Asian also brings established long-term relationships with several consulting firms and manufacturing companies. Preliminary mine designs will be reviewed by top tier external professionals and consulting companies.
Highlights
- Project concept is to outline and confirm a development opportunity for an accelerated pathway to production through a foundation underground operation and local facilities for molybdenum, copper cathode and copper products production.
- Studies to be focused on using low-impact underground bulk tonnage mining methods, evaluation of backfill, and utilizing innovation and technology to minimize the project’s environmental footprint.
- Further reducing environmental impact, project design will tie into nearby existing infrastructure (less than five kilometres), including the low-to-no-carbon-emissions national electrical grid and existing road networks.
- Design approach will focus on and prioritize opportunities for energy efficiency and electrification of energy-intensive activities and to focus on a carbon neutral footprint.
- Project will utilize previous project studies including the 19841 positive historical prefeasibility study and 2021 updated resource estimate, and identify additional work requirements such as additional metallurgical and geotechnical test work.
Read the full press release here 
LIBERO COPPER ANNOUNCES UPDATE TO COLOMBIAS CADASTRAL RECORDS ENHANCING MOCOA PROJECT POTENTIAL
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: Ian Harris, Chief Executive Officer, +1 604 294 9039, harris@liberocopper.com; Michelle Borromeo, VP Investor Relations, +1 604 715 6845, borromeo@liberocopper.com CO: Libero Copper & Gold Corporation.