Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Andina Copper Intersects 292m at 0.48% Cu from 44m

Andina Copper Expands Cobrasco Footprint as Drill Results Confirm Porphyry Continuity; Shares Consolidate Near Offering Price

By The Northwire Desk — AI Analysis Apr 21, 2026 · 06:00 ANDC · 1.04 Andina Copper Corporation
Executive Summary
  • Andina Copper Corporation reported drill intercepts from hole CDH007 at the Cobrasco Project in Colombia on April 21, 2026.
  • The intercept is 292m @ 0.48% Cu, 62ppm Mo, 1.7g/t Ag from 44m depth.
  • This result mirrors previous high-grade results from hole CDH006 (reported April 14), confirming continuous mineralization in the northwest extension of the Cu-Mo porphyry system.
  • The defined copper-molybdenum footprint has expanded to approximately 1,000m x 500m and remains open in all directions.
  • Hole CDH008 is completed with assays pending; hole CDH009 is currently in progress.
  • Management plans to mobilize a second drill rig to support testing of further targets and delineation of high-grade zones.
Material Impact
  • The news confirms the continuity of mineralization established by holes CDH003 through CDH006, validating the exploration thesis for Cobrasco Central.
  • As hole CDH007 was announced as completed with assays pending in the March 24 release (NewsId 101822), this result is expected rather than unexpected market-moving information.
  • The expansion of the footprint to 1,000m x 500m is significant for resource potential but follows a predictable progression from previous announcements regarding step-out drilling.
  • Given the recent $27.5M financing closed in March at $0.80/share and current trading price of ~$1.04, this news supports the capital deployment strategy without introducing new dilution or surprise upside that would drastically alter valuation models immediately.
  • The classification is Routine - Positive because it reinforces existing expectations rather than exceeding them with a paradigm-shifting discovery (e.g., resource definition or major strategic partner).
ANDC · Price
Company Overview
  • Company: Andina Copper Corporation (TSX-V: ANDC).
  • Flagship Project: Cobrasco Cu-Mo Porphyry Project in Chocó, Colombia.
  • Other Projects: Piuquenes Cu-Au Porphyry (Argentina) and Mantau Cu-Au (Chile).
  • Development Stage: Exploration/Discovery. No mineral resource estimate has been declared yet; focus is on defining the size and grade of the discovery.
  • Geology: Cobrasco Central features chalcopyrite, bornite, and magmatic breccias with phyllic and sericite alteration. The system remains open in all directions.
Read the original news release →

More from Andina Copper Corporation

Nov 05, 2026 · 06:01

Andina confirmed high-grade copper core in CDH013, although the intercept width was narrower than previous results.

Drill Results Sep 23, 2026 · 07:00

Andina confirms 0.51% copper at a new pad, expanding the deposit footprint by 100 metres.

Drill Results Aug 25, 2026 · 06:00

Andina’s Cobrasco depth confirmation aligns with expectations, with no lateral step-out to re-rate the deposit.

Drill Results Aug 11, 2026 · 06:00

Andina Copper Intersects 264m at 0.63% Cu from 36m within 504m at 0.48% Cu, Further Expands Mineralized Footprint

Drill Results Jul 08, 2026 · 06:00

Andina’s Piuquenes North assays confirm a third porphyry with 468m at 0.50% Cu and a high-grade core.

Drill Results Jun 24, 2026 · 06:00

Andina Copper drilled wide, low-grade copper-molybdenum intercepts at the Cobrasco Porphyry project, expanding its northwest zone.

Drill Results