Los Cerros Ltd

Los Cerros Ltd

Los Cerros Limited (ASX: LCL) is entirely focussed on the prolific Mid-Cauca gold porphyry belt of Colombia which also hosts many multi-million ounce discoveries.  The Company holds dominant positions in two districts of the Mid-Cauca. The Andes Project is a very large parcel of early stage exploration in Antioquia. Surface work has already identified numerous epithermal and porphyry style gold targets.  The advanced Quinchia project is in Risaralda and centred on the Miraflores established mineral Reserve of 0.46M Oz gold. The Company has seen a ~10x increase in shareprice and market capitalisation this year on the back of spectacular results at the near-surface Tesorito porphyry less than 1km from Miraflores and the proposed plant site described in the Miraflores feasibility study. Tesorito drill results include 384m, 253m and 230m all at 1g/t gold and all from virtually at surface. The Company has a 3 diamond drill rig program at  Quinchia which is expected to continue well into 2021.  Los Cerros is experiencing substantial moment currently with a multi-rig, multi-target drilling program delivering continuous news flow over an extended period.

Los Cerros Ltd