10:44 AM EDT, 10/16/2024 (MT Newswires) -- Libero Copper & Gold ( LBCMF ) was at last look on Wednesday up 4.8% as it reported a "significant milestone" in advancing the resource expansion, with the start of hole MD-044, at its flagship Mocoa project in Colombia.

In a statement it said the program of up to 14,000 metres "marks the culmination of over two years of extensive groundwork in establishing a sustainable and responsible base for ongoing project development and follows up on recent mobilization activities".

Among highlights, Montclar Bridge construction is "advancing on schedule", expected to be complete by the end of November 2024.

Libero Copper added while additional permits may be required for future activities, such as the establishment of new pads, it believes that all necessary permits are currently in place to execute the initial phase.

LBC was up 0.015 or 4.8% at 0.325.

Price: 0.33, Change: +0.02, Percent Change: +4.84