Andina Copper Corporation (TSX-V: ANDC | FSE: FIR | OTCQB: PMMCF) is pleased to report an outstanding drill intercept from CDH007, the second hole completed from a new step-out drill pad at the Cobrasco Project in Chocó, Colombia.
Following the high-grade Cu-Mo intersections reported in recent drillholes CDH003 to CDH005 (refer March 24, 2026 News Release), a new step-out drill pad was collared to test the continuity and extension of the Cobrasco Central mineralized system to the northwest. Drillhole CDH006 was drilled to the southwest along this new section line intersecting 232m @ 0.68% Cu, 75ppm Mo, 2 g/t Ag from 38m (refer April 14, 2026 News Release). Hole CDH007 was drilled from the same pad to the northeast, in a section line parallel to previous holes CDH001 and CDH004.
Results from CDH007 further expand the Cobrasco Central Cu-Mo porphyry system to the northwest and closely mirror those of CDH006, with near-surface mineralization commencing at 44m and continuing uninterrupted to 324m where a fault zone terminates the mineralized host unit and grades decrease. Two additional holes have been subsequently drilled from the same platform, with extensive visible mineralization observed in both holes and assay results pending.
HIGHLIGHTS:
- Hole CDH007 intercept confirms a significant extension of shallow Cu-Mo mineralization to the northwest continuous on section with hole CDH006:
292m @ 0.48% Cu, 62ppm Mo, 1.7g/t Ag from 44m
- Additional step-out drillholes CDH008 (completed) and CDH009 (in progress) have been drilled from the same pad to test extensions to mineralization in north and northwest orientations respectively, with assays pending for both holes.
- Ongoing program of scout drilling continues to rapidly expand the mineralized footprint at Cobrasco Central, with every drillhole completed to date reporting significant porphyry Cu-Mo mineralized intercepts from surface or near-surface to depths of ~600m.
- Drillholes completed to date demonstrate a potentially world-class copper porphyry complex, comprising multiple intrusive phases, subvolcanic flow-domes and mineralization events occurring at (or near) surface.
- The current drillhole defined Cu-Mo mineralized footprint now measures approximately 1,000m x 500m, remains open in all directions and is expected to expand further with results from CDH008 and CDH009.
- High-grade intervals reported to date will be targeted with a 2nd drill rig.
Andina Copper’s President and CEO Joseph van den Elsen commented:
“We continue to rapidly advance a wide-spaced scout drilling programme and actively extend the limits of the Cobrasco Central system. Incredibly, after only 7 drillholes the Cu-Mo mineralization footprint already covers an area of 1,000 x 500m, continues to grow with each drillhole and remains open in all directions. Step-out drillholes CDH008 and CDH009 are expected to further extend the drillhole defined mineralization footprint.
Our team will continue to test the limits of mineralization and preparations are underway for the mobilization of a second drill rig. A second drill rig will support both the testing of further mineralized targets and the delineation of the high-grade mineralization intersected in each of the widely spaced scout holes completed to date”.
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