Northwire Canada EditionSunday, November 1, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results

Copper Giant's First Directional Daughter Holes Beat Resource Model at Mocoa, Returning 0.97% CuEq (0.70% Cu and 0.051% Mo) Over 68m Within 371m of 0.53% CuEq (0.40% Cu and 0.02% Mo), While Continuing to Identify Higher Grades at the Southern Margin of Mo

Mocoa Drilling Validates PEA Path but Inferred Resources Remain Speculative

By The Northwire Desk — AI Analysis Apr 14, 2026 · 07:30 LBC · 0.225 Libero Copper & Gold Corporation
Executive Summary
  • The most recent release (April 14, 2026) reports results from the first directional daughter holes at the Mocoa project.
  • Hole MD-060 returned 68m @ 0.97% CuEq within a broader interval of 371m @ 0.53% CuEq.
  • Hole MD-058 intersected mineralization in areas previously modeled as waste, expanding the footprint toward La Estrella.
  • The company confirms two drill rigs are operating and a third is mobilizing to test new targets (La Estrella, Piedralisa).
  • This follows an updated Mineral Resource Estimate (MRE) filed in January 2026 showing 12.7 billion lbs CuEq at 0.51% grade.
  • Previous news from December 2025 confirmed a $10 million private placement led by Frank Giustra to fund working capital and exploration.
Material Impact
  • The results validate the geological model used for the January 2026 MRE update, reducing technical risk for the upcoming Preliminary Economic Assessment (PEA).
  • Grades exceeding the resource average (0.97% vs 0.51%) are positive but expected given the company's stated goal to test high-grade cores identified in mother holes (MD-056/057) earlier in 2026.
  • The directional drilling strategy, announced in February 2026, is confirmed as effective for increasing data density at lower cost.
  • While positive, this news does not fundamentally alter the investment thesis established by the January MRE update; it confirms execution of the existing plan.
  • Risk-averse view: Inferred resources remain speculative until converted to Indicated/Measured categories through further infill drilling. The PEA is still pending, meaning economic viability is unproven at this stage.
LBC · Price
Company Overview
  • Copper Giant Resources Corp. (formerly Libero Copper & Gold) focuses on the Mocoa copper-molybdenum porphyry project in Putumayo, Colombia.
  • Flagship Project: Mocoa is a Jurassic-age Cu-Mo porphyry system with over 1,000m vertical continuity.
  • Current Status: Exploration and resource definition phase; advancing toward PEA.
  • Land Package: 1,324 km² district-scale tenure covering multiple porphyry targets (Mocoa, La Estrella, Piedralisa).
Read the original news release →

More from Libero Copper & Gold Corporation

Jun 22, 2026 · 07:30

Multi-center porphyry Cu-Mo system advancing toward PEA with validated depth continuity and third corridor

Drill Results May 20, 2026 · 07:30

Copper Giant Advances Mocoa PEA Timeline with Drill Confirmation; Inferred Resource Expansion Validates Connector Zone Strategy

Drill Results May 05, 2026 · 07:30

Copper Giant Initiates PEA on 12.7Blb CuEq System Following Resource Surge

Technical Study Apr 28, 2026 · 07:30

Copper Giant Secures Title Framework and Drilling Momentum at Mocoa, Yet Inferred Resources Remain Key Valuation Constraint

Production / Operations Apr 08, 2026 · 07:30

“Third drill rig adds depth to Mocoa’s multi‑centered porphyry push”

Drill Results Mar 16, 2026 · 07:30

Copper Giant Intersects 257 Metres of 0.63% CuEq* (0.47% Cu and 0.03% Mo) in Infill Drilling and Identifies Higher Grades at Depth Along the Southern Margin of Mocoa

Drill Results