Infill Drilling At The Alacran Copper-Gold-Silver Project


VANCOUVER - Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. said, "As we move towards the end of the in-fill drilling program, I am pleased that the assay results continue to demonstrate the quality of the Alacran mineral resource model. We continue to see high-grade mineralization in the north and central parts of the Alacran Deposit, which could be accessible during the early mining years."

Highlights: ACD174 - 140.9 meters ("m") from 15.6 m to 156.5 m with 0.42% copper ("Cu"), 0.50 g/t gold ("Au") and 2.71 g/t silver ("Ag"), or 0.70% copper equivalent1 ("CuEq"), including: 13.80 m from 59.0 m to 72.8 m with 1.34% Cu, 4.05 g/t Au and 7.95 g/t Ag, or 3.74% CuEq; ACD177 - 223.00 m from 27.00 m to 250.00 m with 0.47% Cu, 0.25 g/t Au and 3.85 g/t Ag, or 0.60% CuEq, including: 90.25 m from 79.25 m to 169.50 m with 0.80% Cu, 0.33 g/t Au and 6.84 g/t Ag, or 0.98% CuEq, and 27.50 m from 222.5 m to 250.00 m with 0.36% Cu, 0.28 g/t Au and 2.01 g/t Ag, or 0.52% CuEq; ACD181 - 104.45 m from 61.55 m to 166.00 m with 0.58% Cu, 0.23 g/t Au and 2.40 g/t Ag, or 0.69% CuEq, including: 44.11 m from 101.54 m to 145.65 m with 0.86% Cu, 0.42 g/t Au and 3.61 g/t Ag, or 1.08% CuEq.

Additional drill holes further confirm the overall life of mine resource grades at the Alacran Deposit. ACD174 and ACD177 tested the central part of the Alacran Deposit, and returned grades that are typical of the overall life of mine resource grade.

ACD174 returned 0.7% CuEq over 140.9 m from 15.6 m to 156.5 m. The hole demonstrates the local enrichment caused by the north-south trending structures. These structures intersect carbonate rich parts of the "Unit 2" stratigraphy, and result in preferential replacement of carbonates by sulfides, resulting in higher grades of 1.39% Cu, 0.46 g/t Au and 8.85 g/t Ag between 62 m and 63.8 m.

ACD177 returned 0.60% CuEq1 over 223.00 m from 27.00 m to 250.00 m, and further demonstrates both the broad intercept and local enrichment in the north-south trending structures, which intersected the carbonate rich portions of the "Unit 2" stratigraphy.

Drill holes ACD181, ACD187, and ACD189 have identified a 20 m thick sill in the east end of the Alacran Deposit. Although these drill holes intersected the sill, each drill hole also intersected the lower and higher grade mineralization on either side of the sill. The local volumes of mineralized material may be affected.

The ongoing drilling program will focus on the peripheral in-fill areas in the south of the Alacran Deposit where lower grades are expected as predicted by the Pre-Feasibility block model.