Andina Copper Reports 620 m @ 0.45% Cu, 79 ppm Mo from 62 m, including 146 m @ 0.76% Cu, 107 ppm Mo

Core Insights - Andina Copper Corporation has reported significant drill intercepts from its Cobrasco copper-molybdenum project in Chocó, Colombia, highlighting the potential for a globally significant deposit [1][3]. Drill Results - Drillhole CDH004 has shown wide intercepts of copper-molybdenum mineralization, with results including 620 m at 0.46% Cu and 79 ppm Mo, and notable inclusions of higher grades [2][25]. - The drillhole CDH003 previously reported 352 m at 0.68% Cu and 112 ppm Mo, indicating strong mineralization in the area [2][25]. Geological Observations - The geological composition of CDH004 includes multiple phases of mineralized rhyolite and porphyry, with the strongest copper grades found in intensely fractured magmatic-hydrothermal breccias [8][9]. - Anomalous gold mineralization of up to 1.06 g/t was also noted, suggesting a possible gold-rich intrusive phase within the Cobrasco system [4]. Future Exploration Plans - The company plans to mobilize a second drill rig to expedite exploration and evaluation, with ongoing step-out drilling aimed at expanding the mineralized footprint [3]. - Drillhole CDH005 is currently underway, targeting the southern extensions of the mineralized system, with results expected shortly [4][17]. Company Overview - Andina Copper Corporation is focused on copper exploration in South America, holding significant discoveries along the Andean porphyry belt in Argentina and Colombia, as well as a copper-gold target in Chile [27].