Mobilisation Support For Exploration Activities At Mocoa Porphyry Copper-Molybdenum Deposit

VANCOUVER - Libero Copper & Gold Corporation announced the mobilization to support exploration activities at its Mocoa Porphyry Copper-Molybdenum Deposit, located in Colombia's Jurassic Copper Belt, near the town of Mocoa, Putumayo. This phase of mobilization marks the final preparatory steps ahead of a 14,000-metre drill program designed to expand the resource and test new high-priority porphyry targets across the region.

The team is in the final stages of planning a 14,000-metre drill program for Q4-2024 through H1-2025 focused on infill, resources expansion, and testing of new targets. Upcoming drilling will focus on follow-up of i) the high-grade core of MD-043 that intercepted 250.8m at 1.12% copper equivalent (CuEq) [0.74% copper (Cu) and 0.114% molybdenum (Mo) and ii) a 2 kilometre by 800-1,000 metre copper-molybdenum soil anomaly surrounding the resource area. Fieldwork will focus on prioritizing and preparing for drill tests on nine additional porphyry targets identified in the area, supported by geophysical data and geochemistry of rock samples.

”We're at an exciting milestone at the Mocoa Porphyry Copper-Molybdenum Deposit, built on a foundation of extensive geological work and strong relationships. We are preparing to follow up on the impressive copper intersections from MD-043. Detailed fieldwork has only reinforced what we believed all along: Mocoa Deposit holds immense potential," said Ian Harris, President and CEO. "But this moment is about more than just geology—it's about the foundation we've built through close collaboration with local communities, key partnerships and government. I'm particularly proud of the commitment shown by our team and local stakeholders. Together, we are unlocking the full potential of Mocoa Deposit for the benefit of Mocoa, Putumayo, and Colombia."