VANCOUVER, BC, Feb. 7, 2023 /CNW/ – Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (“Libero Copper”) is pleased to announce that the ongoing field program has identified new occurrences of leached cap in outcrop which is consistent with the leached cap that occurs directly over the Mocoa deposit. The newly identified leached cap outcrops extend more than 500 meters to the east-northeast and more than 300 meters to the east of previous drill collar locations. In addition, other new areas of leached cap outcrop have been mapped extending more than 500 meters to the south and more than 1,000 meters to the southeast of previous drill collar locations, known as Target 1. Another area of leached cap is mapped approximately 2,000 meters southeast of the Mocoa deposit immediately north of Target 5 (Figure 1).
Highlights
- Leached cap in outcrop is consistent with the leached cap outcrops directly over the Mocoa deposit recently mapped to extend more than 500 meters to the east-northeast and 300 meters east of previous drill collars (Figures 1 to 5).
- Leached cap also mapped extending 500 meters to the south and more than 1,000 meters to the southeast of previous drill collars in Target 1.
- Leached cap mapped more than 2,000 meters southeast of the Mocoa deposit immediately north of Target 5.
- The ongoing field work provides additional support for expanding the Mocoa resource and the potential for new undiscovered porphyry related mineralization in the immediate area. Libero Copper previously identified 9 additional porphyry targets in the area (possible clustered porphyry system) supported by geophysics and rock sample geochemistry (news release dated May 3, 2022).
Read the full press release here 
LIBERO COPPER CONTINUES TO EXPAND THE POTENTIAL OF THE MOCOA PORPHYRY COPPER MOLYBDENUM PROJECT
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
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/December2024/12/c2090.html %SEDAR: 00027216E
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.