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Cordoba Minerals Corp.: Cordoba Minerals Provides Update on Pre-Feasibility Study Work at the 100%-Owned Alacran Copper-Gold-Silver Project


Cordoba Minerals Corp.: Cordoba Minerals Provides Update on Pre-Feasibility Study Work at the 100%-Owned Alacran Copper-Gold-Silver Project
94%
Table 1: Current status of drilling and test pits required for the Alacran PFS work program.
Drilling is now complete in the areas outside the Alacran village and the drill rigs have been demobilized. Work is scheduled to restart at the end of May in the areas near to the Alacran village with the support of the Colombian authorities.
Metallurgical Test Work Delivers Positive Results
Metallurgical studies completed by Blue Coast Metallurgy & Research have achieved stable copper recoveries at around 90% from samples of fresh material. Gold recoveries of around 83% have been achieved. For the PFS metallurgical plant, a semi-autogenous grinding ( SAG ) mill circuit has been chosen with two Knelson concentrators for gold recovery and column flotation to maximize concentrate grade. ....

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Cordoba Minerals Corp.: Cordoba Minerals Closes Final Tranche of Fully-Subscribed Non-Brokered Private Placement


Cordoba Minerals Corp.: Cordoba Minerals Closes Final Tranche of Fully-Subscribed Non-Brokered Private Placement
Vancouver, British Columbia (Newsfile Corp. - February 19, 2021) -
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ( Cordoba or the Company ) announces today that it has closed the second and final tranche of its previously announced fully-subscribed non-brokered private placement (the Offering ) (refer to Cordoba s news releases dated December 4, 2020 and December 24, 2020). In connection with the closing of this final tranche of the Offering, the Company has issued an aggregate of 452,975 units of the Company (the Units ) to JCHX Mining Management Co., Ltd. ( JCHX ), Cordoba s second largest shareholder, at a price of $1.275 per Unit for gross proceeds of $577,543.13. Upon completion of the second and final tranche, the Company has received total gross proceeds of approximately $5.2 million from the Offering. ....

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