COLOMBIA – Sabre Metals, which is being taken over by Vancouver’s Cordoba Minerals, drilled a “significant” copper-gold porphyry at the San Matias project in the Department of Cordoba. All four short drill holes at the Montiel target cut high grade copper-gold mineralization below geochemical anomalies and artisanal workings.
Montiel is the first of several porphyry prospects to be drilled along the 13-km San Matias project. Hole 004 returned 101.10 metres grading 1.0% Cu and 0.65 g/t Au; hole 003 returned 46.60 metres grading 1.31% Cu and 0.86 g/t Au; hole 002 returned 73.32 g/t. The best result from a channel sample was 154 metres at 1.60% Cu and 2.6 g/t Au.
Cordoba says nearby infrastructure includes the Caucasia airport 15 kilometers away, paved roads traversing the property and readily available grid power. BHP Billiton‘s large open pit Cerro Matoso nickel mine and Argos Carbon del Caribe coal mine are situated approximately 20 km and 10 km from the properties northern property boundary respectively.
More information about the San Matias project is available at CordobaMineralsCorp.com.