JCHX will Invest C$11M to Advance the San Matias Copper-Gold-Silver Project in Colombia; JCHX to Acquire a 19.9% Stake in Cordoba Minerals Cordoba Minerals Corp. announced today that JCHX Mining Management Co., Ltd. has agreed to make a strategic investment in the Company, acquiring a 19.9% stake in Cordoba to advance the San Matias Copper-Gold-Silver Project in Colombia. Under the terms of the strategic cooperation and [...]
Cordoba Minerals Corp. announced today that the Company has arranged for a short-term loan of US$425,000 from its majority shareholder, High Power Exploration Inc. . The Loan is in addition to the US$500,000 short-term loan provided by HPX in September 2019 . The Loan has been provided in the form of a grid promissory note and bears interest at 10%, compounding only at maturity. The interest rate will increase to 12% per [...]
Cordoba Minerals Corp. announced today that the Company has arranged for a short-term loan of US$500,000 from its majority shareholder, High Power Exploration Inc. . The Loan has been provided in the form of a grid promissory note and bears interest at 10%, compounding only at maturity. The interest rate will increase to 12% per annum in the event that Cordoba does not repay the amount owing upon the December 31, 2019 [...]
Cordoba Minerals Corp. announced today that the Company, and its majority shareholder High Power Exploration Inc. , have agreed to convert the principal and interest owed to HPX under short-term indebtedness obligations into common shares of the Company . The total owed to HPX is US$2.94 million , arising from advances under a promissory note and deferral of the fourth payment instalment under the Alacran option. As such [...]
Cordoba Minerals Corp. announced today that, further to its news release dated July 29, 2019, the Company has filed a National Instrument 43-101 technical report and Preliminary Economic Assessment for the San Matias Copper-Gold-Silver Project in Colombia. The NI 43-101 technical report and PEA was independently prepared for Cordoba by Nordmin Engineering Ltd. with the assistance of Environmental Applications Group Inc [...]
Cordoba Minerals Corp. today announces that it has granted an aggregate of 1,384,614 Deferred Share Units and 461,538 stock options to non-executive directors pursuant to the Company's Deferred Share Unit Plan and Stock Option Plan. The stock options are exercisable at a price of C$0.065 per share and will vest as to one third on each of August 20, 2020, August 20, 2021 and August 20, 2022. The stock options expire on [...]
Cordoba Minerals Corp. announced today that, further to its news release dated July 3, 2019, the Company has filed a National Instrument 43-101 technical report detailing the Mineral Resource estimate for the San Matias Copper-Gold-Silver Project in Colombia. The NI 43-101 technical report was independently prepared for Cordoba by Nordmin Engineering Ltd. The report, titled: "NI 43-101 Technical Report And Resource [...]
Cordoba Minerals Corp. today provides a progress update on security at its San Matias Project in Colombia. Following the Company's news release dated May 9, 2019 , Cordoba submitted a request to the National Mining Agency to temporarily suspend all obligations of the Company relating to the El Alacran title . The ANM and Ministry of Defense subsequently conducted a review of safety at El Alacran, determined that the [...]
Total Estimated Production: 417,300 Tonnes of Copper, 724,500 Ounces of Gold, 5,930,000 Ounces of Silver Estimated $347.0 million Pre-Tax NPV8% and 26.8% Pre-Tax IRR; $210.7 million After-Tax NPV8% and 20.3% After-Tax IRR High-Grade Gold and Porphyry Copper Upside at San Matias Cordoba Minerals Corp. today reported results from an independent Preliminary Economic Assessment for its San Matias Copper-Gold-Silver Project in [...]
Significant Tonnage and Copper and Gold Grade Increases at Alacran Deposit; Preliminary Economic Assessment to be Completed in July Cordoba Minerals Corp. is pleased to announce a positive updated Mineral Resource estimate for the San Matias Project, including the Alacran replacement copper-gold deposit, in Colombia. The updated Mineral Resource estimate, prepared in accordance with the National Instrument 43-101 [...]
Cordoba Minerals Corp. today announces that at its Annual and Special Meeting of Shareholders held on June 28, 2019, all Directors nominated as listed in the Management Information Circular dated May 15, 2019 were elected. Shareholders voted to set the number of Directors at four for the ensuing year. The detailed results are as follows: Director Votes For % Votes Withheld % Eric Finlayson 214,256,884 97.32% 5,908,489 [...]
Updated Mineral Resource Estimate in Progress; HPX provides Loan to Cordoba to Facilitate PEA Completion Cordoba Minerals Corp. today announced that the Company has restarted work on the Preliminary Economic Assessment for the Alacran copper-gold deposit, located within the 100%-owned San Matias copper-gold project in Colombia. Cordoba has engaged Nordmin Engineering Ltd. to complete the PEA. As part of the PEA, Nordmin [...]