LBCMF

Libero Copper & Gold Corporation

In the mining industry, a compliant Mineral Resource Estimate (MRE) is the key document that transforms a geological discovery into a recognized asset with measurable value. So, when an updated MRE reveals meaningful growth in both scale and grade, it naturally captures investor attention. Today, one miner released an upgraded estimate, impressing shareholders and sending its stock higher.</p></p>Copper Giant Resources Corp. <a href="https://www.allpennystocks.com/stockquote/CGNT:CA" target="_blank"><strong>(TSX-Venture: CGNT)</strong></a> <a href="https://www.allpennystocks.com/stockquote/LBCMF" target="_blank"><strong>(OTCQB: LBCMF)</strong></a> released earlier this morning an updated Mineral Resource Estimate for its 100%-owned Mocoa copper-molybdenum project in southern Colombia, showing a significant expansion in scale and grade. The new inferred resource totals 1.12 billion tonnes at 0.51% CuEq* (0.31% copper, 0.039% molybdenum), representing a 76% increase in tonnage, a 14% increase in grade, and a 101% increase in contained CuEq* metal compared to the 2022 estimate. The high-grade core of the deposit includes 190 million tonnes at 0.94% CuEq* (0.53% copper, 0.077% molybdenum) at a 0.70% CuEq* cut-off, while the resource remains near-surface and within a conservative 0.65 Revenue Factor shell, demonstrating Mocoa&#8217;s position among the world&#8217;s large, high-grade copper deposits.</p></p>The updated MRE reflects the impact of 9,525 metres of drilling completed since 2022, adding 671,000 pounds of CuEq* per metre drilled, with all new drilling focused on the margins of the existing model. The system remains open laterally and at depth, with multiple nearby porphyry targets yet to be tested. Mocoa also now hosts over one billion pounds of molybdenum, making it one of the largest undeveloped molybdenum resources globally, a mineral critical for high-strength steels, energy infrastructure, and defense applications. The entire resource lies outside forestry reserves or community lands. Drilling continues with two rigs as part of a 14,000-metre program, supported by updated geological, metallurgical, and long-term price assumptions in accordance with NI 43-101 standards.</p></p>"Mocoa has now joined a very small group of near-surface copper systems worldwide that exceed a billion tonnes &#8212; and we're still drilling at the edges. Add strong grades, clean metallurgy, proximity to infrastructure, and a community that has been actively engaged since day one, and you have a project being advanced exactly as a major, long-life asset should be. This milestone comes at a time of structural copper deficits and accelerating global demand. Mocoa is precisely the kind of asset the world needs. We've been drilling continuously for twelve months, and we'll keep expanding the system while advancing toward economic studies to build something with meaningful global and local impact" stated Ian Harris, President &amp; CEO.</p></p>Shares of CGNT are currently up 35.71% at $0.285, while U.S. listed shares (LBCMF) are trading 30.62% higher at $0.1999 in early-afternoon trading.</p> <p>Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.</p><p>View <a href='https://www.allpennystocks.com/specialreportsUS/4017/junior-miner-reports-massive-resource-growth-stock-pops'>more of this article</a> on AllPennyStocks.com.</p><p><strong>About AllPennyStocks.com Media, Inc.:</strong></p> <p>Founded in 1999, AllPennyStocks.com Media, Inc. is North America's largest and longest running website dedicated exclusively to micro-cap and small-cap insights.</p> <p>Catering to both Canadian and U.S. markets, AllPennyStocks.com provides a wealth of resources and expert content designed for everyone, from beginner investors to seasoned traders.</p> <p>AllPennyStocks.com's content is prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals.</p> <p>Contact:</p> <p>AllPennyStocks.com Media, Inc.</p> <p>Email: <a href="mailto:ads@allpennystocks.com">ads@allpennystocks.com</a></p> <p>Phone: (800) 558-4560 Ext: 101</p>