VANCOUVER, BC, Oct. 26, 2021 /CNW/ – Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to announce assay results for the first diamond drill hole into the Terry porphyry copper discovery at the Big Red project in BC’s Golden Triangle. The drill hole contains copper mineralization throughout the entire length of 510 metres, including multiple intervals of elevated copper ± silver ± gold (Table 1 and Figures 1,2). Porphyry copper mineralization was discovered at Terry in 2020 using a depth-restricted reverse-circulation (RC) drill. Hole 28 is significant because it is the first diamond drill hole and extends mineralization significantly to depth. In total, 10 diamond drill holes have been completed in 2021 totaling 4,571 metres (see Table 3), with results expected to be available in batches over the next several months.
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About Libero Copper & Gold
Libero Copper is unlocking the value of a collection of porphyry copper deposits throughout the Americas in prolificand stable jurisdictions. The portfolio includes Big Red (a new grassroots discovery) and Big Bulk in the GoldenTriangle, Canada; Esperanza in San Juan, Argentina; and Mocoa in Putumayo, Colombia. These assets areadvanced by a highly disciplined and seasoned professional team with successful track records of discovery,resource development, and permitting in the Americas.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements ofhistorical fact, are to be considered forward looking. Although the Company believes the expectations expressed insuch forward-looking statements are based on reasonable assumptions, such statements are not guarantees offuture performance and actual results or developments may differ materially from those in forward-lookingstatements. Factors that could cause actual results to differ materially from those in forward-looking statementsinclude the Company not receiving the necessary regulatory approvals in respect of the Offering, market prices,exploitation and exploration successes, continued availability of capital and financing, and general economic, marketor business conditions and regulatory and administrative approvals, processes and filing requirements. There can beno assurances that such statements will prove accurate and, therefore, readers are advised to rely on their ownevaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.
SOURCE Libero Copper & Gold Corporation.
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For further information: Ian Harris, Chief Executive Officer, +1 604 294 9039, harris@liberocopper.com; TetianaKonstantynivska, Investor Relations, +1 778 372 0179, konstantynivska@liberocopper.com
CO: Libero Copper & Gold Corporation.