Cordoba studying new copper mine in Colombia

TSX-V-listed Cordoba Minerals is studying the potential of a new copper mine in Colombia that will produce an average of 18 100 t/y over more than two decades.

The San Matias copper/gold/silver project preliminary economic assessment (PEA), unveiled on Monday, outlines a plan for a conceptual 8 000 t/d conventional openpit mining operation, increasing to 16 000 t/d after a processing plant expansion, underpinned by 119.1-million tonnes of mill feed grading 0.45% copper, 0.26 g/t gold and 2.41 g/t silver, supporting a 23-year life.