Cordoba Minerals takes big step forward on Alacran Project with $100 million arrangement

2023-06-02 / @thenewswire

 

(NewsDirect)

Cordoba Minerals CEO Sarah Armstrong-Montoya joined Steve Darling from Proactive to share news the company has closed on a $100 million strategic arrangement with JCHX Mining Management for the joint-development of the Alacran Project in Colombia. This capital influx will allow the company to get the FS technical work program, in-fill drilling campaign, and repayment of the short-term loans taken care of.

Armstrong-Montoya also shared with Proactive the latest assay results received from the ongoing in-fill drilling program at the project that showed high-grade mineralization in the north and central parts of the Alacran Deposit, which the company feels could be accessible during the early mining years.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok