Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

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

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 May 28, 2026 · 06:00

Andina Copper Confirms Third Porphyry System at Piuquenes North, But Assay Data Remains Critical for Valuation

Drill Results May 13, 2026 · 12:28

Cobrasco Porphyry Expansion Validates Scale But Dilution Risks Loom

Drill Results May 13, 2026 · 06:00

Andina Copper Expands Cobrasco Footprint with Consistent Drill Results

Drill Results Apr 14, 2026 · 09:06

Andina Copper Drilling Validates Cobrasco Continuity Amidst Financing Dilution

Drill Results