Cordoba Minerals Receives Approval of Mining Technical Work Plan (PTO) Application for the Alacran Copper-Gold-Silver Project in Colombia
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) has received approval for its Mining Technical Work Plan (PTO) application for the Alacran Copper-Gold-Silver Project in Colombia. The approval, granted by the Colombian National Mining Agency (ANM) on August 27, 2024, marks a significant milestone towards the project's construction stage. The PTO is one of two required permits for mine construction licensing in Colombia.
CEO Sarah Armstrong-Montoya expressed satisfaction with the approval, highlighting it as a important step towards building the next copper-gold mine in Colombia. Construction is anticipated to commence in Q2 2025, subject to financing. The company submitted the PTO application in November 2021 and is now progressing towards full-speed development of the Alacran project.
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ha ricevuto l'approvazione per il suo Piano di Lavoro Tecnico Minerario (PTO) per il Progetto di Rame-Oro-Argento Alacran in Colombia. L'approvazione, concessa dall'Agenzia Nazionale Mineraria Colombiana (ANM) il 27 agosto 2024, rappresenta una tappa significativa verso la fase di costruzione del progetto. Il PTO è uno dei due permessi richiesti per la concessione di licenze per la costruzione della miniera in Colombia.
Il CEO Sarah Armstrong-Montoya ha espresso soddisfazione per l'approvazione, sottolineando che rappresenta un passo importante verso la realizzazione della prossima miniera di rame-oro in Colombia. Si prevede che la costruzione inizi nel Q2 2025, soggetta a finanziamento. L'azienda ha presentato la domanda di PTO nel novembre 2021 e sta ora procedendo verso uno sviluppo a pieno ritmo del progetto Alacran.
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ha recibido la aprobación de su Plan de Trabajo Técnico Minero (PTO) para el Proyecto de Cobre-Oro-Plata Alacran en Colombia. La aprobación, concedida por la Agencia Nacional Minera de Colombia (ANM) el 27 de agosto de 2024, marca un hito significativo hacia la etapa de construcción del proyecto. El PTO es uno de los dos permisos requeridos para la concesión de licencias de construcción de minas en Colombia.
La CEO Sarah Armstrong-Montoya expresó satisfacción por la aprobación, destacándola como un paso importante hacia la construcción de la próxima mina de cobre y oro en Colombia. Se anticipa que la construcción comience en el Q2 2025, sujeta a financiamiento. La empresa presentó la solicitud del PTO en noviembre de 2021 y ahora avanza hacia un desarrollo a plena velocidad del proyecto Alacran.
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF)는 콜롬비아의 알라크란 구리-금-은 프로젝트에 대한 광업 기술 작업 계획(PTO) 신청 승인을 받았습니다. 이 승인은 2024년 8월 27일 콜롬비아 국가 광업청(ANM)에서 부여되었으며, 프로젝트 건설 단계로 나아가는 중요한 이정표가 됩니다. PTO는 콜롬비아에서 광산 건설 허가를 위한 두 가지 요구 허가 중 하나입니다.
CEO인 사라 암스트롱-몬토야는 이 승인에 대한 만족감을 표명하며, 이는 콜롬비아에서 다음 구리-금 광산을 건설하기 위한 중요한 단계로 강조했습니다. 건설은 2025년 2분기에 자금 조달에 따라 시작될 것으로 예상됩니다. 회사는 2021년 11월에 PTO 신청서를 제출했으며, 이제 알라크란 프로젝트의 전면 개발을 향해 나아가고 있습니다.
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) a reçu l'approbation de son Plan de Travail Technique Minier (PTO) pour le Projet de Cuivre-Or-Argent Alacran en Colombie. L'approbation, accordée par l'Agence Nationale des Mines de Colombie (ANM) le 27 août 2024, marque une étape significative vers la phase de construction du projet. Le PTO est l'un des deux permis requis pour la délivrance de licences de construction de mines en Colombie.
Le PDG Sarah Armstrong-Montoya a exprimé sa satisfaction quant à cette approbation, la soulignant comme un pas important vers la construction de la prochaine mine de cuivre et d'or en Colombie. La construction devrait commencer au deuxième trimestre 2025, sous réserve de financement. L'entreprise a soumis la demande de PTO en novembre 2021 et progresse maintenant vers un développement à plein régime du projet Alacran.
Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) hat die Genehmigung für seinen technischen Arbeitsplan für Bergbau (PTO) für das Alacran Kupfer-Gold-Silberprojekt in Kolumbien erhalten. Die Genehmigung wurde von der kolumbianischen Nationalen Bergbauagentur (ANM) am 27. August 2024 erteilt und stellt einen bedeutenden Meilenstein auf dem Weg zur Bauphase des Projekts dar. Der PTO ist eine von zwei erforderlichen Genehmigungen für die Lizenzierung des Bergbaus in Kolumbien.
CEO Sarah Armstrong-Montoya äußerte Zufriedenheit über die Genehmigung und hob sie als wichtigen Schritt zur Errichtung der nächsten Kupfer-Gold-Mine in Kolumbien hervor. Der Baubeginn wird für Q2 2025 erwartet, vorbehaltlich der Finanzierung. Das Unternehmen reichte die PTO-Antrag im November 2021 ein und entwickelt nun das Alacran-Projekt mit voller Geschwindigkeit weiter.
- Approval of Mining Technical Work Plan (PTO) for Alacran Copper-Gold-Silver Project
- PTO approval is a key milestone towards construction stage
- Construction anticipated to commence in Q2 2025, subject to financing
- Project construction still subject to financing
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) (otherwise "Cordoba" or the "Company"), is pleased to announce that the Mining Technical Work Plan (Programa de Trabajo y Obras or "PTO") for the Alacran Copper-Gold-Silver Project was approved by the Colombian National Mining Agency (Agencia Nacional de Minería or "ANM") on August 27, 2024.
The PTO is one of the two required permits in Colombia to license the Project for construction of the mine, and the permit application was submitted to the authorities in November 2021 (refer to Cordoba news release dated November 18, 2021). Approval of the PTO represents another key milestone towards construction stage, which is anticipated to commence in Q2 2025, subject to financing.
"I'm very pleased to obtain approval of the PTO application, and would like to take this opportunity to thank Colombian National Mining Agency for their support, and my team for their hard work," commented Sarah Armstrong-Montoya, President and CEO of Cordoba. "The approval means we are one step closer to build the next copper-gold mine in Colombia. We look forward to continuing our collaboration and engagement with our stakeholders as Alacran progressing forward with full speed."
About Cordoba
Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Cordoba is jointly developing the Alacran Project with JCHX Mining Management Co., Ltd., located in the Department of Cordoba, Colombia. Cordoba also holds a
ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, President and Chief Executive Officer
Information Contact
Ran Li +1-604-689-8765
info@cordobamineralscorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "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.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Cordoba operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. 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. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration results, interpretation of metallurgical characteristics of the mineralization, 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, uncertainties relating to epidemics, pandemics and other public health crises, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned not to put undue reliance on these forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221466
FAQ
What permit did Cordoba Minerals receive for the Alacran project?
When is construction expected to begin for Cordoba's Alacran project (CDBMF)?
How many permits are required for mine construction licensing in Colombia?
When did Cordoba Minerals (CDBMF) submit the PTO application for Alacran?
