VANCOUVER, BC, April 22,
2022 /CNW/ - Libero
Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF)
(DE: 29H) would like to offer clarification and correction of the
article published on April 21, 2022
by the Mining Journal, titled "Judge orders Libero to stop Mocoa
exploration".
Based on a request for prior consultation with ancestral
indigenous communities in the Reserve of the Inga of Condagua,
Libero has received an order by the Second Circuit Penal Judge of
Mocoa, to notify the suspension of exploration work in its
title FJT-131. Libero Copper
would like to clarify that it has NO current exploration activities
in FJT-131. All exploration activities are currently taking place
in title FJT-141 and are not affected by the injunction.
The Ministry of Interior is the competent authority for
certification, authorization, supervision, and participation in
prior consultations with indigenous communities within the area of
impact of projects. Libero
Copper has already received the "Certificacion No
1025 de 31 de diciembre de 2019" from the Ministry of Interior
which states that no indigenous communities are within the
exploration plans of the company and therefore, no previous
consultation is required. The company has submitted its official
reply regarding the injunction on April 21,
2022, which includes the receipt of certification along with
additional supporting details.
Libero Copper, is the holder of
four mining concession contracts, located in the municipality of
Mocoa, department of Putumayo. These concession contracts are
valid, in good standing, in force and are bilateral contracts that
possess a presumption of legality signed by the competent authority
in Colombia.
About Libero Copper & Gold
Libero Copper is unlocking the
value of a collection of porphyry copper deposits throughout the
Americas in prolific and stable jurisdictions. The portfolio
includes the Mocoa deposit in Putumayo, Colombia; Esperanza in San Juan, Argentina; and Big Red and Big Bulk in the
Golden Triangle, BC, Canada. These
assets are being advanced by a highly disciplined and seasoned
professional team with successful track records of discovery,
resource development, and permitting in the Americas.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release includes
forward-looking statements that are subject to risks and
uncertainties. All statements within, other than statements
of historical fact, are to be considered forward looking. Although
the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include market prices, exploitation and exploration successes,
continued availability of capital and financing, and general
economic, market or business conditions and regulatory and
administrative approvals, processes and filing requirements. There
can be no assurances that such statements will prove accurate and,
therefore, readers are advised to rely on their own evaluation of
such uncertainties. We do not assume any obligation to update any
forward-looking statements.
SOURCE Libero Copper & Gold
Corporation.