(NewsDirect)
Cordoba Minerals CEO Sarah Armstrong-Montoya joined Steve Darling from Proactive to share news the company has closed on a $100 million strategic arrangement with JCHX Mining Management for the joint-development of the Alacran Project in Colombia. This capital influx will allow the company to get the FS technical work program, in-fill drilling campaign, and repayment of the short-term loans taken care of.
Armstrong-Montoya also shared with Proactive the latest assay results received from the ongoing in-fill drilling program at the project that showed high-grade mineralization in the north and central parts of the Alacran Deposit, which the company feels could be accessible during the early mining years.
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