Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results

Andina Copper Exploration Update

ANDC · Price

Executive Summary

  • Andina Copper reports over 2,200 m of diamond drilling completed at the Cobrasco Central target, with three holes intersecting significant copper‑molybdenum mineralization.
  • Surface exploration at Cobrasco East has yielded stream sediment Cu values up to 245 ppm and float rock chip Cu grades as high as 0.71 %, indicating additional anomalous zones for follow‑up.
  • The company is advancing geophysical work (drone LiDAR, aerial magnetotelluric and ground IP surveys) and expanding sampling programs across the 1,500 ha northern block.

Key Details

  • Drilling – Cobrasco Central
  • Hole CDH001: 808 m @ 0.42 % Cu, 79 ppm Mo (184–992 m); includes 138 m @ 0.77 % Cu, 164 ppm Mo (768–906 m) and 82 m @ 0.90 % Cu, 199 ppm Mo (774–856 m).
  • Hole CDH002: 754 m @ 0.46 % Cu, 76 ppm Mo (152–906 m); includes 172 m @ 0.74 % Cu, 78 ppm Mo (474–646 m).
  • Hole CDH003 (extended): 144.6 m @ 0.69 % Cu, 155 ppm Mo, 1.4 g/t Ag (156–300.6 m); final depth 774.80 m; last 2.6 m intersected 2.69 % Cu, 151 ppm Mo, 7.3 g/t Ag.
  • Additional holes: CDH004 drilled to 900.25 m; CDH005 to ~700‑900 m (planned).
  • Total drilling completed to date (2025‑2026 campaign): ≈2,275 m.

  • Surface Exploration – Cobrasco East

  • Stream sediment sampling: 54 samples across 2nd/3rd order streams; Cu up to 245 ppm, Mo up to 1.11 ppm.
  • Rock chip sampling: 10 in‑situ outcrop chips (generally subdued) and float samples with Cu up to 0.71 %.

  • Geophysical & Remote Sensing Work

  • Ongoing high‑definition drone LiDAR and aerial photogrammetry survey over the northern 1,500 ha block; second phase planned for southern block.
  • Planned airborne magnetotelluric (AirMT) surveys across the entire concession, complemented by ground induced polarization (IP) surveys targeting identified zones.

  • Future Work

  • Follow‑up drilling and sampling of anomalous Cu‑Mo intervals in Cobrasco East.
  • Geochronology studies on mineralized breccias to clarify relationship with the Mande Batholith.

Notable Quotes

  • “Our comprehensive 2026 exploration programme is rapidly advancing our understanding of the Cobrasco system, and early drilling results are encouraging for the delineation of a major copper deposit.” – Joseph van den Elsen, President & CEO.
Read the original news release →

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