
Libero Copper & Gold Corp. (TSXV:LBC) – Expansion and New Discovery Potential at Mocoa
Libero has identified nine new porphyry targets at its 100%-owned Mocoa porphyry Cu project in Colombia, in the immediate vicinity of the current Mocoa deposit. These targets were identified based on the results of detailed airborne magnetic and radiometric surveys completed at the end of 2021, along with recently compiled geochemical data. We view this announcement positively, as we believe management is improving its understanding of Mocoa’s mineralized system. The geophysical and geochemical data suggest to us that Mocoa could be host to a clustered porphyry system, which could provide good potential for further discoveries and resource expansion – two factors we believe are key to a potential re-rating of Libero’s stock price.