|By Marketwired .||
|August 5, 2014 04:30 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/05/14 -- Cordoba Minerals Corp. (TSX VENTURE:CDB) ("Cordoba" or the "Company") is pleased to announce that the first phase of the ongoing RAB (rotary air blast) drilling program has located widespread copper-gold mineralization associated with diorite porphyry intrusions at the Costa Azul prospect. The shallow drilling program has better defined the porphyry copper-gold mineralization at the Montiel West prospect and higher-grade vein and breccia style mineralization adjacent to the Pirita artisanal underground workings, located immediately north of Montiel West.
Copper-gold (chalcopyrite-pyrite-bornite) mineralization at both Costa Azul and Montiel West is associated with quartz-magnetite stockwork and sheeted veining within diorite porphyry intrusions and adjacent country rocks. Higher-grade, gold-rich vein and breccia (quartz-pyrrhotite-chalcopyrite) mineralization has been located in a number of parallel structures at the Pirita prospect. Costa Azul and Montiel West are the first targets to be tested by RAB in an ongoing drilling program that has currently focused on the northern-most 3 kilometres of strike of the San Matias Project. Surface exploration is underway along the highly prospective additional 10 km of strike of the major north-south structure that hosts the varying styles of porphyry, vein and replacement styles of mineralization located to date within the project tenure. Currently the RAB drill is testing the Iguana target, a copper-gold soil anomaly, located approximately 800 m north of Montiel West. From there the RAB rig will test the large copper-gold soil anomaly that stretches between the Montiel West and Montiel East porphyry targets, some 800 m of strike, and adjacent to the Montiel East artisanal mine workings.
RAB drilling is proving to be highly effective in the assessment of mineralization at shallow depths and although the results cannot be used in resource estimates, each of the targets outlined by the RAB program will be drilled in the current deeper diamond drilling program.
The Costa Azul target is a 800 m x 800 m copper-gold soil anomaly in which 112 shallow RAB drill holes, to average depth of 30 metres, have been completed on a roughly 50 m x 50 m grid. RAB drilling has outlined porphyry copper-gold mineralization in both diorite porphyry intrusions, mafic volcanic country rocks and tonalite intrusions. Maximum down-hole copper and gold results (Figures 1 and 2) show significant, copper and gold mineralization (greater than 0.3 % Cu and/or greater than 0.3 g/t Au) over dimensions of approximately 300 m east-west by 200 m north-south, with mineralization remaining open to the west and southwest towards areas previously trenched.
Highlights of RAB intercepts include:
-- CARAB013: 19m @ 0.74 g/t Au and 0.32% Cu, from 6 to 25 metres -- CARAB014: 31m @ 0.78 g/t Au and 0.36% Cu, from 9 to 40 metres -- CARAB078: 24m @ 0.16 g/t Au and 0.54% Cu, from 0 to 24 metres -- CARAB079: 12m @ 0.20 g/t Au and 0.65% Cu, from 0 to 12 metres -- CARAB081: 24m @ 0.53 g/t Au and 0.35% Cu, from 22 to 46 metres -- CARAB082: 32m @ 0.54 g/t Au and 0.59% Cu, from 6 to 38 metres -- CARAB083: 31m @ 0.33 g/t Au and 0.53% Cu, from 0 to 31 metres -- CARAB084: 12m @ 0.64 g/t Au and 0.39% Cu, from 0 to 12 metres -- CARAB085: 22m @ 0.43 g/t Au and 0.50% Cu, from 0 to 22 metres -- CARAB087: 30m @ 0.22 g/t Au and 0.70% Cu, from 0 to 30 metres -- CARAB107: 30m @ 0.51 g/t Au and 0.43% Cu, from 0 to 30 metres -- CARAB108: 31m @ 0.25 g/t Au and 0.61% Cu, from 0 to 31 metres -- CARAB109: 27m @ 0.52 g/t Au and 0.38% Cu, from 0 to 27 metres -- CARAB110: 23m @ 0.73 g/t Au and 0.35% Cu, from 0 to 23 metres
(Intervals calculated with a 0.30 g/t Au and/or 0.30% Cu cut-off with no internal zones of dilution, true-widths are unknown).
Diamond drilling of the RAB outlined targets has commenced at Costa Azul.
Montiel West and Pirita
The Montiel prospect is a 1 km x 800 m porphyry cluster with associated vein and breccia systems in which 78 RAB drill-holes, with an average depth of 25 metres, have been drilled on a roughly 50 m x 50 m grid. This drilling and also trenching has outlined porphyry copper-gold mineralization in both feldspar-hornblende porphyry intrusions and mafic volcanic country rocks tracking north to the Pirita underground mine workings where higher grade gold with copper mineralization is defined by a series of parallel vein and breccia structures.
At Montiel West maximum down-hole copper and gold results (Figures 3 and 4) show significant copper and gold mineralization (greater than 0.3 % Cu and/or greater than 0.3 g/t Au) at shallow depths over dimensions of approximately 250 m east-west by 200 m north-south. Mineralization remains open to the south and also to the west where significant trench anomalies are evident. At Pirita a number of parallel northwest trending veins have been located that host significant gold and copper mineralization over strike lengths of over 250 m that are open to the north-west and south-east. Given the shallow depth of the RAB drilling at Pirita, more parallel vein and associated breccia structures are interpreted as being present and will be tested with deeper diamond drilling along with Montiel West. The majority of the significant intersections at Pirita remains open down-hole and incorporates significant down-hole widths indicating a potential larger tonnage target style adjacent to the Montiel West porphyry copper-gold target.
Highlights of RAB intercepts at Montiel West include:
-- MWRAB001: 12m @ 0.67 g/t Au and 0.60% Cu from 0 to 12 metres -- MWRAB002: 15m @ 0.40 g/t Au and 0.63% Cu from 0 to 15 metres -- MWRAB003: 9m @ 1.04 g/t Au and 0.46% Cu from 0 to 9 metres -- MWRAB004: 6m @ 0.76 g/t Au and 0.60% Cu from 0 to 6 metres -- MWRAB005: 15m @ 0.40 g/t Au and 0.59% Cu from 0 to 15 metres -- MWRAB007: 27m @ 0.61 g/t Au and 0.44% Cu from 0 to 27 metres -- MWRAB008: 9m @ 0.47 g/t Au and 0.54% Cu from 0 to 9 metres -- MWRAB009: 9m @ 0.62 g/t Au and 0.43% Cu from 0 to 9 metres -- MWRAB012: 5m @ 32.64 g/t Au and 1.09% Cu from 0 to 5 metres -- MWRAB013: 18m @ 0.38 g/t Au and 0.77% Cu from 0 to 18 metres -- MWRAB015: 24m @ 0.50 g/t Au and 0.56% Cu from 0 to 24 metres -- MWRAB016: 21m @ 0.42 g/t Au and 0.59% Cu from 0 to 24 metres -- MWRAB020: 13m @ 0.26 g/t Au and 0.77% Cu from 21 to 34 metres -- MWRAB023: 24m @ 0.69 g/t Au and 0.37% Cu from 0 to 24 metres -- MWRAB040: 24m @ 0.50 g/t Au and 0.50% Cu from 0 to 24 metres
Highlights of RAB intercepts at Pirita include:
-- MWRAB035: 21m @ 1.29 g/t Au and 0.17% Cu from 0 to 21 metres Incl. 3m @ 4.39 g/t Au and 0.24% Cu from 15 to 18 metres -- MWRAB036: 24m @ 1.91 g/t Au and 0.19% Cu from 0 to 24 metres Incl. 3m @ 7.05 g/t Au and 0.24% Cu from 3 to 6 metres -- MWRAB051: 33m @ 1.76 g/t Au and 0.09% Cu from 0 to 33 metres Incl. 3m @ 12.38 g/t Au and 0.14% Cu from 6 to 9 metres -- MWRAB057: 12m @ 0.55 g/t Au and 0.13% Cu from 6 to 18 metres -- MWRAB068: 27m @ 0.80 g/t Au and 0.08% Cu from 0 to 27 metres -- MWRAB069: 12m @ 1.12 g/t Au and 0.07% Cu from 12 to 24 metres -- MWRAB070: 19m @ 0.50 g/t Au and 0.05% Cu from 18 to 37 metres
(Intervals calculated with a 0.30 g/t Au and/or 0.30% Cu cut-off with no internal zones of dilution, true-widths are unknown).
The Montiel West and Pirita targets will be diamond drilled on completion of the Costa Azul drilling in the current program.
"We are extremely pleased with the progress we have made in exploration this year," commented Mario Stifano, CEO of Cordoba. "The RAB drilling has provided us with a quick and effective method of evaluating our multiple copper-gold porphyries. With the information we have received, we can strategically plan our diamond drilling program to explore the targets the RAB drill has identified. As we continue to identify new mineralization in the various targets in our land package, it supports our belief that we are exploring a new copper-gold district in Colombia."
To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig1.pdf.
To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig2.pdf.
To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig3.pdf.
To view Figure 4, please visit the following link: http://media3.marketwire.com/docs/cdb0805fig4.pdf.
The technical information has been reviewed, verified and compiled by Christian J. Grainger, PhD, a Qualified Person for the purpose of NI 43-101. Dr. Grainger is a geologist with +15 years in the minerals mining, consulting, exploration and research industries. Dr. Grainger is a Member of the Australian Institute of Geoscientists and Australian Institute of Mining and Metallurgy. Results from RAB drilling are not permissible for the purpose of NI 43-101 resource estimates.
About Cordoba Minerals
Cordoba Minerals Corp. is a Toronto-based mineral exploration company focused on the exploration and acquisition of copper and gold projects in Colombia. Cordoba currently owns 100% of the highly prospective San Matias Project located near operating open pit mines with ideal topography in the Department of Cordoba. For further information, please visit www.cordobamineralscorp.com.
ON BEHALF OF THE COMPANY
Mario Stifano, President and CEO, Cordoba Minerals Corp.
Symbol: (TSX VENTURE:CDB)
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the potential of the Company's properties are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company's expectations include actual exploration results, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements which speak only as of the date of this news release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SYS-CON Events announced today that Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Luxoft’s software development services consist of core and mission-critical custom software development and support, product engineering and testing, and technology consulting.
Oct. 7, 2015 01:15 AM EDT Reads: 498
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Oct. 7, 2015 12:45 AM EDT Reads: 111
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Oct. 7, 2015 12:00 AM EDT Reads: 238
Data loss happens, even in the cloud. In fact, if your company has adopted a cloud application in the past three years, data loss has probably happened, whether you know it or not. In his session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how common and costly cloud application data loss is and what measures you can take to protect your organization from data loss.
Oct. 7, 2015 12:00 AM EDT Reads: 502
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 6, 2015 11:15 PM EDT Reads: 358
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
Oct. 6, 2015 10:00 PM EDT Reads: 655
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value. In turn, Tony will analyze how the key components of IoT ...
Oct. 6, 2015 08:00 PM EDT Reads: 311
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
Oct. 6, 2015 05:00 PM EDT Reads: 254
SYS-CON Events announced today that Cloud Raxak has been named “Media & Session Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Raxak Protect automates security compliance across private and public clouds. Using the SaaS tool or managed service, developers can deploy cloud apps quickly, cost-effectively, and without error.
Oct. 6, 2015 04:40 PM EDT Reads: 108
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
Oct. 6, 2015 03:00 PM EDT Reads: 124
“All our customers are looking at the cloud ecosystem as an important part of their overall product strategy. Some see it evolve as a multi-cloud / hybrid cloud strategy, while others are embracing all forms of cloud offerings like PaaS, IaaS and SaaS in their solutions,” noted Suhas Joshi, Vice President – Technology, at Harbinger Group, in this exclusive Q&A with Cloud Expo Conference Chair Roger Strukhoff.
Oct. 6, 2015 02:45 PM EDT Reads: 370
Scott Guthrie's keynote presentation "Journey to the intelligent cloud" is a must view video. This is from AzureCon 2015, September 29, 2015 I have reproduced some screen shots in case you are unable to view this long video for one reason or another. One of the highlights is 3 datacenters coming on line in India.
Oct. 6, 2015 02:00 PM EDT Reads: 229
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
Oct. 6, 2015 01:00 PM EDT Reads: 580
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 6, 2015 01:00 PM EDT Reads: 740
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”
Oct. 6, 2015 12:45 PM EDT Reads: 459