Libero Copper & Gold Corp


Primary ticker: TSXV:LBC, OTCQB:LBCMF, DE:29HA
Stage of development: Exploration
Primary minerals: Copper and Molybdenum
Project to promote: Mocoa, Esperanza and Big Red
Project location: Argentina, Canada and Colombia

Libero Copper is a mineral exploration company that holds a collection of porphyry copper deposits throughout the Americas in prolific but stable jurisdictions. The portfolio includes Mocoa, a porphyry copper-molybdenum deposit located in Putumayo, Colombia; Esperanza, a porphyry copper-gold and epithermal gold project in San Juan, Argentina and Big Red, a new greenfield discovery in the Golden Triangle, a project located in British Columbia, Canada.

Cash: CAD$2M
Debt: NIL

Major shareholders:

Anglo Asian – 19.8%
Institutional – 28.5%
Retail – 37%
B2GOLD 3.2%
HNW 6.5%
Management Ownership – 5.2%

Management Profile

Ian Harris – President & CEO
Mr. Harris is a mining engineer with over 25 years of experience leading mining projects worldwide including over 15 years working and living in South America. Previously, he served as Chief Executive Officer of AMAK Mining and Para Resources. Mr. Harris was also Senior Vice President and Country Manager of Corriente Resources through feasibility, initial engineering, and commencement of construction at the Mirador mine in Ecuador. He successfully led the push to reactivate Corriente’s mining projects in Ecuador by building national and local support and navigating through a new constitution and a new mining law, leading to the sale of Corriente for $690 million. Mr. Harris is bilingual in Spanish and English.

What is your rationale for taking part in 121 Mining Investment?

We are looking for exposure to institutional and private investors.

What recent news would you like to highlight to investors attending?

(0.62% CU and 0.083% MO) AT MOCOA FROM FIRST HOLE

What are your key goals in 3 months, 6 months, 12 months?

3 months:

Expansion drilling at Mocoa – Colombia

6 months: 

Start companies maiden drill programme at Esperanza, San Juan – Argentina.

12 months:

Updated resource at Mocoa – Colombia

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Geopolitical perceptions, and expect significant copper supply deficit versus short-term world economy concerns. For this reason, the company focuses extensively on social and environmental excellence and focusing on developing cycle-independent quality assets.

What do you think makes your company such a compelling investment?

1. We have strong Management, Technical, and Board teams with a proven track record in the Americas of raising money and leading projects from discovery to production.
2. Each project has the size, scale, and grade to become a future mine.
3. Each project has a clear pathway of growth.

What are the top 3 key investor takeaways?

1. Our portfolio includes three porphyry copper deposits with resource and exploration targets with exceptional potential in prolific but stable jurisdictions.
2. We have experienced Management, Technical, and Board teams driven to advance assets while minimizing dilution and maximizing shareholder value.
3. One of the most undervalued copper explorers underpinned by over 2 million tonnes of copper in resource (inferred).