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Kobrea Exploration Corp. ( (TSE:KBX) ) has provided an announcement.
Kobrea Exploration Corp., a base metals-focused explorer with a portfolio of porphyry copper and copper-gold prospects in Argentina and a copper project in British Columbia, is advancing its regional strategy in southwestern Mendoza Province. Its properties host multiple large-scale alteration systems and geochemical anomalies indicative of significant porphyry potential.
The company has expanded its Phase 1 diamond drill program at the El Perdido porphyry copper-gold-molybdenum system after drilling 1,739 metres across three holes, which returned encouraging geological observations. A fourth hole, targeting 600 metres, has been added to test strong stockwork veining and extend the mineralized zone at depth, underscoring El Perdido’s importance within Kobrea’s emerging Andean exploration portfolio and providing early technical validation for the project.
More about Kobrea Exploration Corp.
Kobrea Exploration Corp. is a mineral exploration and development company focused on acquiring and exploring base metal projects, particularly porphyry copper and copper-gold deposits. The company holds the right to earn a 100% interest in seven highly prospective projects totaling over 733 square kilometres in southwestern Mendoza Province, Argentina, and also owns the Upland Copper Project in British Columbia, Canada.
Average Trading Volume: 137,836
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$32.84M
See more data about KBX stock on TipRanks’ Stock Analysis page.