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Infill, Step-out & Regional Drilling: Libero Copper Begins Resource Expansion Campaign in Colombia

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This program, adding 50% more drilling than all previous work at Mocoa, is a major step forward for the project

Vancouver, BC – November 13, 2024 – Global Stocks News – Disseminated on behalf of Libero Copper. On November 6, 2024 Libero Copper and Gold (TSXV: LBC) (OTCQB: LBCMF) announced the details of its ongoing 14,000-metre exploration program at the Mocoa porphyry copper-molybdenum project.

Libero Copper is developing the Mocoa copper-molybdenum porphyry deposit located in Putumayo, Colombia. The deposit is 10 kilometres from the town of Mocoa. Libero Copper’s district scale holdings cover over 1,000 km² – an area 290X bigger than NYC’s Central Park.

“The Mocoa project has an established compliant resource at Mocoa of 4.6 billion pounds of copper and 511 million pounds of molybdenum [1.]” Libero Copper President & CEO Ian Harris told Guy Bennett, the CEO of Global Stocks News (GSN).

“The current exploration program includes infill, step-out, and regional drilling,” continued Harris. “It is designed to expand the resource, enhance geological understanding, and test new target areas.”

On November 6, 2024 Libero Copper published a video providing an overview of the Mocoa project, and a summary of the current exploration program.

“This Jurassic Porphyry Belt starts in Peru, runs through Ecuador and goes all the way up to Colombia,” stated Harris. “It’s known for cluster style deposits, so these additional targets are important.”

“It’s been two years of work to get to this point,” continued Harris. “And now we’re finally doing it. We have a known resource and we intend to expand it.  About eight different targets have been identified.”

Exploration Highlights:

  • Significant Resource Expansion Potential with 14,000 Metres of Drilling: This program increases the total historical drilling at Mocoa by nearly 50%, with a focus on infill and step-out drilling.
  • Exploration of New Target Areas: This program targets new prospective areas—including Silencio, Neblina, and Piedralisa—where initial soil anomalies indicate promising mineralization.
  • Strategic Growth Based on Comprehensive Analysis: This 14,000-metre program is designed to address key questions around Mocoa’s potential, while expanding the resource’s scale.

“This program, adding 50% more drilling than all previous work at Mocoa, is a major step forward for the project,” said Harris. “It reflects the dedication of our team working hand-in-hand with local partners and the backing of Frank Giustra’s Fiore Group. Together, we’re advancing Mocoa at the scale and with the care it deserves.”

14,000-metre Drill Plan

The 14,000-metre drill program at the Mocoa project is designed to refine the understanding of high-grade copper and molybdenum distribution while potentially expanding the resource through targeted infill and step-out drilling.

This multi-purpose exploration strategy integrates drilling on the back of extensive geologic, geophysical, and geochemical groundwork, reflecting Libero Copper’s commitment to advancing Mocoa as a premier copper asset.

Expansion of the Mocoa system

Libero Copper is advancing its resource expansion activities.  The team intends to confirm the extension of high-grade cores and to explore potential areas for resource expansion.

*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 3.33 × Mo (%), utilizing metal prices of Cu – US$3.00/lb, Mo – US$10.00/lb. Metal recoveries utilized for the resource model are 90% for Cu and 75% for Mo.

Historical drilling has intercepted high-grade copper and molybdenum cores, though with wide drill spacing. The in-fill drilling is designed to refine the understanding the Cu and Mo grade distribution in areas of wide-space drilling, and to test the deeper sections of the porphyry system below the existing pit-constrained initial Inferred mineral resource estimate1 at Mocoa.

Step-out drilling is planned to strategically extend the overall mineral resource of the Mocoa project to the north and northeast, aligning with the identified plunge of the high-grade cores. 

Existing drill pads are being used to minimize surface disturbance and preserve the surrounding environment. Libero has built a rainwater collection system that secures water use for drilling, consumption, and sanitation purposes. The exploration program requires no external water sources.  Libero is committed to responsible environmental stewardship and resource efficiency.

Surface Exploration

Exploration work completed up to date shows four highly prospective areas close to the Mocoa Cu-Mo porphyry deposit. Surface exploration planned for the 2024-2025 season will follow-up the Neblina, Piedralisa and Silencio areas.

200 metres x 50 metres spacing soil grid is planned to fully cover the Silencio zone and the northwestern sector of the Neblina area. Additionally, comprehensive Anaconda mapping of the main creeks in these target areas is planned.

1. “Technical Report on the Mocoa Copper-Molybdenum Project, Colombia”, dated January 17, 2022, prepared by Michael Rowland Brepsant, FAusIMM, Robert Sim, P.Geo, and Bruce Davis, FAusIMM. with an effective date of November 01, 2021.

“Since left-wing Gustavo Petro took office as President of Colombia in 2022, he has pledged to move away from oil and gas in favour of green alternatives,” reports Oilprice.com. “Petro has spoken publicly on his aims to curb production in favour of renewable alternatives.”

With copper forming the backbone of all renewable energy initiatives, Petro’s policy creates a positive environment for copper developers like Libero.

On June 14, 2024 Libero Copper announced the approval of a Territorial Development Plan for the Municipality of Mocoa for the period 2024-2028.

The development plan, approved by the Municipal Council of Mocoa, aims to promote the wellbeing and sustainable development of the population of Mocoa.

“Receiving the approval of the Municipal Council is gratifying on a personal level,” Harris told GSN. “It has been our focused objective to earn the trust of the local community. This is an important development milestone for Libero Copper stakeholders.”

“I’ve been living in South America for 15 years,” continued Harris, “I have a Colombian wife, I speak Spanish fluently. During my tenure as CEO, we have initiated multiple partnerships with the local community.”

“For instance, our local team needed steel toe boots. Instead of buying them at a department store in Medellin, we found a local resident who wanted to make boots. And now he’s doing that for us and building his business. There are now 14 women, all heads of households, making uniforms for multiple clients.”

“Mining and Sustainable Energy,” is one of the five pillars of economic development for the Putumayo department.  The policy highlights exploration and production of strategic minerals, specifically calling out copper.

The plans also show that the mining titles of the Mocoa Porphyry Copper-Molybdenum Project are the only titles in Putumayo associated with copper.

In November 2023, the National Mining Agency (ANM) of Colombia issued Resolution No. 1006, which defines the minerals of strategic interest for the country. Copper was listed at the top of the strategic minerals list.

“What makes Libero stand out is a combination of a valuable asset in a supply deficit, a good mining jurisdiction, an experienced team, and the sponsorship of Frank Giustra,” Harris told GSN. “With the launch of this 14,000-meter drill program, we believe we are at the start of a path of significant value creation”.

Edwin Naranjo Sierra, Exploration Manager of Libero Copper, is the designated Qualified Person within the meaning of National Instrument 43-101 and has reviewed and verified the technical information in this news release.

Disclaimer: Libero Copper paid GSN $1,500 for the research, writing and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com 

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The post Infill, Step-out & Regional Drilling: Libero Copper Begins Resource Expansion Campaign in Colombia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Exploring the Revolution of Play-to-Earn Gaming: Empowering Gamers and Developers Worldwide

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United States, 24th Dec 2024 – The gaming industry is entering a transformative era with the rise of Play-to-Earn (P2E) gaming. Combining blockchain technology with engaging gameplay, P2E gaming is revolutionizing how players experience, earn, and interact within digital worlds.

F2P.org, a leading platform for free-to-play and Web3 gaming insights, is dedicated to helping developers and gamers navigate this evolving landscape. By showcasing innovative Play-to-Earn games and fostering global visibility, F2P.org serves as a hub for those looking to discover or share groundbreaking Web3 games.

What Makes Play-to-Earn Gaming Unique?

Unlike traditional gaming, where assets are confined to specific ecosystems, Play-to-Earn games empower players to take ownership of their achievements and digital assets. This emerging model encourages creativity, economic empowerment, and greater player participation through decentralized technologies.

A Call to Web3 Game Developers

F2P.org is offering blockchain game developers the opportunity to feature their Web3 games to a global audience—for free. By submitting their games, developers can gain exposure and connect with an engaged community of gamers and enthusiasts exploring the future of digital gaming.

Submit your Web3 game today at F2P.org/submit-game.

About F2P.org

F2P.org is a premier platform dedicated to the latest trends and innovations in free-to-play and blockchain gaming. With a commitment to fostering growth in the Web3 gaming space, F2P.org provides valuable resources, insights, and opportunities for players and developers alike.

To learn more about the transformative potential of Play-to-Earn gaming, visit:

Join the Future of Gaming

Discover how Play-to-Earn gaming is reshaping the industry and empowering gamers worldwide. For media inquiries, interviews, or additional information, please contact:

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The post Exploring the Revolution of Play-to-Earn Gaming: Empowering Gamers and Developers Worldwide appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Transform Your Business with Cutting-Edge Power Platform Consulting Services

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All you need to know about Power Platform Consulting Services. Read the press release to know more…

United States, 24th Dec 2024 – In today’s fast-paced digital world, businesses are constantly seeking ways to innovate, automate, and simplify operations. To address these demands, Beyond Intranet, a leader in digital transformation and technology consulting, is proud to announce the launch of its Power Platform Consulting Services, designed to empower organizations to build agile, efficient, and scalable solutions.

The Microsoft Power Platform, comprising Power BI, Power Apps, Power Automate, and Power Virtual Agents, is revolutionizing how businesses approach problem-solving. By leveraging these low-code/no-code tools, organizations can create custom applications, automate workflows, and gain actionable insights, enabling them to adapt and thrive in a competitive market.

Key Highlights of Our Power Platform Consulting Services:

  1. End-to-End Support: From ideation to implementation, our team ensures that every solution aligns with your business goals.
  2. Custom App Development: Build tailored applications to address unique challenges without the need for extensive coding expertise.
  3. Process Automation: Streamline repetitive tasks with intelligent automation, improving efficiency and reducing costs.
  4. Data-Driven Insights: Unlock the power of data with intuitive dashboards and analytics, enabling informed decision-making.
  5. Employee Enablement: Empower teams with user-friendly tools and training to harness the full potential of the Power Platform.

“We believe in the transformative power of technology,” said Piyush Goel, CEO at Beyond Intranet. “Our Power Platform Consulting Services are designed to help businesses of all sizes innovate faster, reduce operational complexities, and achieve their digital transformation goals efficiently.”

Who Can Benefit?

Power Platform Consulting Services are ideal for businesses across industries, including:

  • Manufacturing: Optimize supply chains and monitor production efficiency.
  • Healthcare: Simplify patient data management and automate appointment scheduling.
  • Retail: Enhance customer engagement with personalized applications and chatbots.
  • Real Estate: Automate workflows for property management and sales tracking.

Why Choose Beyond Intranet?

With a proven track record in technology consulting, Beyond Intranet is committed to delivering solutions that drive tangible results. Our certified Power Platform consultants bring deep expertise and industry insights to ensure a seamless and impactful digital transformation journey.

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BlockRise OTC Announces Entry into Public Cryptocurrency Market

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Singapore, 24th Dec 2024 – BlockRise, a leading blockchain and cryptocurrency OTC (over-the-counter) trading platform, has officially announced its entry into the public cryptocurrency market, targeting individual investors. Shifting from its existing model focused on institutional and high-net-worth (“whale”) investors, the platform aims to offer a diverse array of investment opportunities tailored for retail participants.

Proven Success in the OTC Market

BlockRise has firmly established itself as one of the top OTC platforms globally, serving institutional investors and high-net-worth individuals. The platform currently generates monthly trading fee revenues of approximately $25 million, reflecting its robust position and reputation in the market. Through its reliable trading environment, liquidity provision, and high levels of trust, BlockRise has become a leader in the OTC space.

New Investment Products for Individual Investors

As part of its expansion into the public market, BlockRise plans to introduce customized investment products for retail investors. These offerings will adapt the company’s institutional-grade services to meet the needs of a broader audience. The upcoming investment products include:

1. Micro-Investment Products: Platforms enabling small-scale investments, catering to individuals with limited capital.
2. Staking and Yield Products: Diverse staking options allowing cryptocurrency holders to generate steady returns.
3. Automated Investment Tools: AI-driven investment strategies designed to simplify entry for beginner investors.

Significance of the Public Market Entry

BlockRise’s move into the public market is expected to accelerate the democratization of cryptocurrency trading. By expanding from an institutional-focused service model to a retail-oriented approach, the company aims to improve investment accessibility and attract a new wave of market participants.

BlockRise spokesperson stated, “With our expertise and track record in the OTC market, we’re committed to delivering a trustworthy and efficient investment environment for individual investors. By offering diverse investment products and user-centric services, we aim to contribute to the broader growth of the cryptocurrency ecosystem.”

Looking Ahead

As the cryptocurrency market continues to grow with increasing participation from retail investors, BlockRise’s entry into the public market could bring significant changes to the industry. Its unique approach and differentiated strategies are expected to further solidify its position in an increasingly competitive landscape.

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Disclaimer: This press release is for informational purposes only and does not constitute financial or investment advice. Investors should conduct their own research and seek professional advice before making investment decisions.

The post BlockRise OTC Announces Entry into Public Cryptocurrency Market appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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