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Kobrea Exploration Corp. ( (TSE:KBX) ) has shared an update.
Kobrea Exploration Corp. reported progress on its initial diamond drilling campaign at the El Perdido porphyry copper-gold-molybdenum system in Argentina, completing three holes to depths of up to 662 metres and partially drilling a fourth before it was abandoned due to unstable faulted ground. All core from the first four holes has been sent to a Mendoza laboratory for analysis, with geological observations confirming a preserved chalcocite enrichment zone that supports the company’s exploration model for the target.
Despite the setback on hole DD26ELP004, management emphasized that drilling continues and that a copper-bearing porphyry system has been intersected at the first regional target tested. Kobrea has engaged Major Drilling Argentina to complete the 2026 program, has started hole DD26ELP005 to pursue the targeted mineralized zone at depth, and is constructing a third drill pad to expand testing of the southwestern portion of El Perdido, steps that could materially advance delineation of the project’s porphyry potential.
More about Kobrea Exploration Corp.
Kobrea Exploration Corp. is a mineral exploration and development company focused on acquiring and exploring base metal projects. The firm holds rights to earn a 100% interest in seven highly prospective porphyry copper and copper-gold projects covering over 733 square kilometres in southwestern Mendoza Province, Argentina.
Average Trading Volume: 141,532
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$25.42M
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