SYS-CON MEDIA Authors: Xenia von Wedel, Peter Silva, Glenn Rossman, Ava Smith, Elizabeth White

News Feed Item

Cordoba Minerals Discovers Copper-Gold Porphyry Mineralization at Costa Azul and Better Defines the Montiel West and Pirita Prospects

TORONTO, ONTARIO -- (Marketwired) -- 08/05/14 -- Cordoba Minerals Corp. (TSX VENTURE:CDB) ("Cordoba" or the "Company") is pleased to announce that the first phase of the ongoing RAB (rotary air blast) drilling program has located widespread copper-gold mineralization associated with diorite porphyry intrusions at the Costa Azul prospect. The shallow drilling program has better defined the porphyry copper-gold mineralization at the Montiel West prospect and higher-grade vein and breccia style mineralization adjacent to the Pirita artisanal underground workings, located immediately north of Montiel West.

Copper-gold (chalcopyrite-pyrite-bornite) mineralization at both Costa Azul and Montiel West is associated with quartz-magnetite stockwork and sheeted veining within diorite porphyry intrusions and adjacent country rocks. Higher-grade, gold-rich vein and breccia (quartz-pyrrhotite-chalcopyrite) mineralization has been located in a number of parallel structures at the Pirita prospect. Costa Azul and Montiel West are the first targets to be tested by RAB in an ongoing drilling program that has currently focused on the northern-most 3 kilometres of strike of the San Matias Project. Surface exploration is underway along the highly prospective additional 10 km of strike of the major north-south structure that hosts the varying styles of porphyry, vein and replacement styles of mineralization located to date within the project tenure. Currently the RAB drill is testing the Iguana target, a copper-gold soil anomaly, located approximately 800 m north of Montiel West. From there the RAB rig will test the large copper-gold soil anomaly that stretches between the Montiel West and Montiel East porphyry targets, some 800 m of strike, and adjacent to the Montiel East artisanal mine workings.

RAB drilling is proving to be highly effective in the assessment of mineralization at shallow depths and although the results cannot be used in resource estimates, each of the targets outlined by the RAB program will be drilled in the current deeper diamond drilling program.

Costa Azul

The Costa Azul target is a 800 m x 800 m copper-gold soil anomaly in which 112 shallow RAB drill holes, to average depth of 30 metres, have been completed on a roughly 50 m x 50 m grid. RAB drilling has outlined porphyry copper-gold mineralization in both diorite porphyry intrusions, mafic volcanic country rocks and tonalite intrusions. Maximum down-hole copper and gold results (Figures 1 and 2) show significant, copper and gold mineralization (greater than 0.3 % Cu and/or greater than 0.3 g/t Au) over dimensions of approximately 300 m east-west by 200 m north-south, with mineralization remaining open to the west and southwest towards areas previously trenched.

Highlights of RAB intercepts include:


--  CARAB013: 19m @ 0.74 g/t Au and 0.32% Cu, from 6 to 25 metres 
--  CARAB014: 31m @ 0.78 g/t Au and 0.36% Cu, from 9 to 40 metres 
--  CARAB078: 24m @ 0.16 g/t Au and 0.54% Cu, from 0 to 24 metres 
--  CARAB079: 12m @ 0.20 g/t Au and 0.65% Cu, from 0 to 12 metres 
--  CARAB081: 24m @ 0.53 g/t Au and 0.35% Cu, from 22 to 46 metres 
--  CARAB082: 32m @ 0.54 g/t Au and 0.59% Cu, from 6 to 38 metres 
--  CARAB083: 31m @ 0.33 g/t Au and 0.53% Cu, from 0 to 31 metres 
--  CARAB084: 12m @ 0.64 g/t Au and 0.39% Cu, from 0 to 12 metres 
--  CARAB085: 22m @ 0.43 g/t Au and 0.50% Cu, from 0 to 22 metres 
--  CARAB087: 30m @ 0.22 g/t Au and 0.70% Cu, from 0 to 30 metres 
--  CARAB107: 30m @ 0.51 g/t Au and 0.43% Cu, from 0 to 30 metres 
--  CARAB108: 31m @ 0.25 g/t Au and 0.61% Cu, from 0 to 31 metres 
--  CARAB109: 27m @ 0.52 g/t Au and 0.38% Cu, from 0 to 27 metres 
--  CARAB110: 23m @ 0.73 g/t Au and 0.35% Cu, from 0 to 23 metres 

(Intervals calculated with a 0.30 g/t Au and/or 0.30% Cu cut-off with no internal zones of dilution, true-widths are unknown).

Diamond drilling of the RAB outlined targets has commenced at Costa Azul.

Montiel West and Pirita

The Montiel prospect is a 1 km x 800 m porphyry cluster with associated vein and breccia systems in which 78 RAB drill-holes, with an average depth of 25 metres, have been drilled on a roughly 50 m x 50 m grid. This drilling and also trenching has outlined porphyry copper-gold mineralization in both feldspar-hornblende porphyry intrusions and mafic volcanic country rocks tracking north to the Pirita underground mine workings where higher grade gold with copper mineralization is defined by a series of parallel vein and breccia structures.

At Montiel West maximum down-hole copper and gold results (Figures 3 and 4) show significant copper and gold mineralization (greater than 0.3 % Cu and/or greater than 0.3 g/t Au) at shallow depths over dimensions of approximately 250 m east-west by 200 m north-south. Mineralization remains open to the south and also to the west where significant trench anomalies are evident. At Pirita a number of parallel northwest trending veins have been located that host significant gold and copper mineralization over strike lengths of over 250 m that are open to the north-west and south-east. Given the shallow depth of the RAB drilling at Pirita, more parallel vein and associated breccia structures are interpreted as being present and will be tested with deeper diamond drilling along with Montiel West. The majority of the significant intersections at Pirita remains open down-hole and incorporates significant down-hole widths indicating a potential larger tonnage target style adjacent to the Montiel West porphyry copper-gold target.

Highlights of RAB intercepts at Montiel West include:


--  MWRAB001: 12m @ 0.67 g/t Au and 0.60% Cu from 0 to 12 metres 
--  MWRAB002: 15m @ 0.40 g/t Au and 0.63% Cu from 0 to 15 metres 
--  MWRAB003: 9m @ 1.04 g/t Au and 0.46% Cu from 0 to 9 metres 
--  MWRAB004: 6m @ 0.76 g/t Au and 0.60% Cu from 0 to 6 metres 
--  MWRAB005: 15m @ 0.40 g/t Au and 0.59% Cu from 0 to 15 metres 
--  MWRAB007: 27m @ 0.61 g/t Au and 0.44% Cu from 0 to 27 metres 
--  MWRAB008: 9m @ 0.47 g/t Au and 0.54% Cu from 0 to 9 metres 
--  MWRAB009: 9m @ 0.62 g/t Au and 0.43% Cu from 0 to 9 metres 
--  MWRAB012: 5m @ 32.64 g/t Au and 1.09% Cu from 0 to 5 metres 
--  MWRAB013: 18m @ 0.38 g/t Au and 0.77% Cu from 0 to 18 metres 
--  MWRAB015: 24m @ 0.50 g/t Au and 0.56% Cu from 0 to 24 metres 
--  MWRAB016: 21m @ 0.42 g/t Au and 0.59% Cu from 0 to 24 metres 
--  MWRAB020: 13m @ 0.26 g/t Au and 0.77% Cu from 21 to 34 metres 
--  MWRAB023: 24m @ 0.69 g/t Au and 0.37% Cu from 0 to 24 metres 
--  MWRAB040: 24m @ 0.50 g/t Au and 0.50% Cu from 0 to 24 metres 

Highlights of RAB intercepts at Pirita include:


--  MWRAB035: 21m @ 1.29 g/t Au and 0.17% Cu from 0 to 21 metres
    Incl. 3m @ 4.39 g/t Au and 0.24% Cu from 15 to 18 metres 
--  MWRAB036: 24m @ 1.91 g/t Au and 0.19% Cu from 0 to 24 metres
    Incl. 3m @ 7.05 g/t Au and 0.24% Cu from 3 to 6 metres 
--  MWRAB051: 33m @ 1.76 g/t Au and 0.09% Cu from 0 to 33 metres
    Incl. 3m @ 12.38 g/t Au and 0.14% Cu from 6 to 9 metres 
--  MWRAB057: 12m @ 0.55 g/t Au and 0.13% Cu from 6 to 18 metres 
    
--  MWRAB068: 27m @ 0.80 g/t Au and 0.08% Cu from 0 to 27 metres 
    
--  MWRAB069: 12m @ 1.12 g/t Au and 0.07% Cu from 12 to 24 metres 
    
--  MWRAB070: 19m @ 0.50 g/t Au and 0.05% Cu from 18 to 37 metres 

(Intervals calculated with a 0.30 g/t Au and/or 0.30% Cu cut-off with no internal zones of dilution, true-widths are unknown).

The Montiel West and Pirita targets will be diamond drilled on completion of the Costa Azul drilling in the current program.

"We are extremely pleased with the progress we have made in exploration this year," commented Mario Stifano, CEO of Cordoba. "The RAB drilling has provided us with a quick and effective method of evaluating our multiple copper-gold porphyries. With the information we have received, we can strategically plan our diamond drilling program to explore the targets the RAB drill has identified. As we continue to identify new mineralization in the various targets in our land package, it supports our belief that we are exploring a new copper-gold district in Colombia."

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig1.pdf.

To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig2.pdf.

To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig3.pdf.

To view Figure 4, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig4.pdf.

Technical Information

The technical information has been reviewed, verified and compiled by Christian J. Grainger, PhD, a Qualified Person for the purpose of NI 43-101. Dr. Grainger is a geologist with +15 years in the minerals mining, consulting, exploration and research industries. Dr. Grainger is a Member of the Australian Institute of Geoscientists and Australian Institute of Mining and Metallurgy. Results from RAB drilling are not permissible for the purpose of NI 43-101 resource estimates.

About Cordoba Minerals

Cordoba Minerals Corp. is a Toronto-based mineral exploration company focused on the exploration and acquisition of copper and gold projects in Colombia. Cordoba currently owns 100% of the highly prospective San Matias Project located near operating open pit mines with ideal topography in the Department of Cordoba. For further information, please visit www.cordobamineralscorp.com.

ON BEHALF OF THE COMPANY

Mario Stifano, President and CEO, Cordoba Minerals Corp.

Symbol: (TSX VENTURE:CDB)

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release includes certain "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the potential of the Company's properties are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements which speak only as of the date of this news release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...