VANCOUVER, BC, May 25, 2021 /CNW/ – Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to provide an update on recent advances on its Esperanza porphyry copper-gold project located in San Juan, Argentina. Work compiling and assessing the historic data of the Esperanza project and detailed relogging of all Canyon Stock holes has been completed, including Latin Metal’s 2018 discovery hole 18-EP-025. The results have substantially enhanced the understanding of the rocks in the Canyon Stock area, where porphyry phases with strong copper mineralization exhibit exceptionally low levels of oxidation. In addition, the recent drilling success at Filo Mining Corp.’s Filo del Sol project has provided additional insight into the potential geological model of Esperanza.
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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.