Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) announced today that drillhole CDH008 at its Cobrasco Project in Choco, Colombia, intersected near-surface porphyry copper-molybdenum mineralization, confirming the northwest extension of the mineralized system. The hole returned 272 meters at 0.50% copper, 75 ppm molybdenum, and 1.92 g/t silver from 52 meters downhole, including a higher-grade interval of 152 meters at 0.67% copper, 68 ppm molybdenum, and 1.90 g/t silver from 54 meters.
Drillhole CDH008 was collared from the same platform as CDH006 and CDH007 and drilled due north to test the northern continuity of the shallow mineralized zone. The hole reached a depth of 652.25 meters and intersected multiple mineralized porphyry phases and magmatic-hydrothermal breccias. The strongest mineralization is associated with potassic and sericite-altered hydrothermal breccias, where chalcopyrite occurs as matrix infill and cross-cutting veinlets. Bornite was locally observed, suggesting a later higher-sulphidation event.
Two additional drillholes, CDH009 and CDH010, have been completed from the same platform, with assays pending for CDH009 and drilling in progress for CDH010. Visual logging indicates sulfide mineralization consistent with the broader Cobrasco Central system in both holes. The company is also preparing to mobilize a second diamond drilling rig to support definition drilling at Cobrasco Central and test new porphyry centers.
The Cobrasco mineralized footprint now extends approximately 1,100 meters along strike and 550 meters laterally, remaining open in all directions. Surface geochemistry and field observations suggest mineralization continues to the north and northwest, with further expansion potential toward the northwest and west-southwest pending results from the ongoing step-out drilling.
Andina Copper’s President and CEO Joseph van den Elsen commented: "We continue to systematically advance a wide-spaced scout drilling program, actively testing the limits of the Cobrasco system with wide fans of significant step-out drillholes. The system continues to grow with each successive drillhole, with the mineralization footprint already covering an area of ~1,100m x 550m, and results from CDH009 and CDH010 expected to further extend."
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Francisco Montes, a consultant of Andina Copper Corp and a qualified person under NI 43-101, has reviewed and approved the technical information in this release.
