Cordoba Minerals Awards US$19 Million Detailed Design Engineering Contracts for Flagship Alacran Project in Colombia

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Algemeen advies 29/07/2024 06:05
VANCOUVER, BRITISH COLUMBIA – 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 the awards of the detailed design engineering contracts for the Alacran Project in Colombia.

Cordoba has awarded JCHX Mining Management Co., Ltd. (“JCHX”) a US$15.8 million contract for the detailed engineering design and procurement of the processing and on-site facilities at the Alacran Project. In addition, detailed engineering design for the open-pit mine has awarded to consulting engineering firm, BBA, for US$1.3 million, and detailed engineering design for the waste and water management facility has awarded to Knight Piésold Consulting for US$1.9 million. The work program is expected to commence in August 2024.

“We look forward to kicking off the detailed engineering design process next month with the selected engineering groups. JCHX has a proven track record in mine development and construction, and their familiarity with the Company and the Alacran Project as both a cornerstone investor and a reliable joint venture partner has made it a logical decision for them to lead the program. BBA and Knight Piésold were instrumental in delivering the robust 2023 Feasibility Study for Alacran,” commented Ms. Sarah Armstrong-Montoya, President and CEO of Cordoba. “We have confidence in their capacities and experience to advance the Alacran Project towards the construction stage, which is anticipated to commence next year.”

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 51% interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture and Earn-In Agreement. For further information, please visit www.cordobaminerals.com.

ON BEHALF OF THE COMPANY
Sarah Armstrong-Montoya, President and Chief Executive Officer




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