|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.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Oct. 22, 2016 07:45 PM EDT Reads: 1,812
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
Oct. 22, 2016 07:00 PM EDT Reads: 757
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Oct. 22, 2016 06:45 PM EDT Reads: 609
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 22, 2016 06:00 PM EDT Reads: 8,955
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
Oct. 22, 2016 05:30 PM EDT Reads: 479
Established in 1998, Calsoft is a leading software product engineering Services Company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. The company's deep domain knowledge of Storage, Virtualization, Networking and Cloud verticals helps in delivering ...
Oct. 22, 2016 05:30 PM EDT Reads: 967
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Oct. 22, 2016 04:00 PM EDT Reads: 3,843
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Oct. 22, 2016 04:00 PM EDT Reads: 3,655
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Oct. 22, 2016 04:00 PM EDT Reads: 3,582
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Oct. 22, 2016 03:45 PM EDT Reads: 1,441
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 22, 2016 03:45 PM EDT Reads: 650
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, will discuss the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docke...
Oct. 22, 2016 03:30 PM EDT Reads: 2,244
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Oct. 22, 2016 03:00 PM EDT Reads: 3,894
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, will contrast how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He will show the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He will also have live demos of building immutable pipe...
Oct. 22, 2016 02:45 PM EDT Reads: 1,501
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, you'll learn about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how Docke...
Oct. 22, 2016 02:45 PM EDT Reads: 1,541