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Kobrea Exploration Corp. ( (TSE:KBX) ) has shared an announcement.
Kobrea Exploration Corp. has mobilized field crews and a drill rig to its El Perdido porphyry system in Argentina’s Western Malargüe mining district, preparing to launch a phase one diamond drilling program on a copper-gold-molybdenum target that has been defined at surface but never drill-tested. The initial campaign will focus on the central part of the 6,878-hectare El Perdido project, where extensive quartz stockwork veining, potassic alteration, hydrothermal breccias and anomalous Cu-Au-Mo geochemistry suggest potential for a significant porphyry system, marking a key technical and de-risking milestone for Kobrea’s broader copper portfolio in Mendoza Province.
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 systems. The company holds rights to earn a 100% interest in seven highly prospective projects covering more than 733 square kilometres in southwestern Mendoza Province, Argentina, and also owns the Upland Copper Project in British Columbia, Canada.
Average Trading Volume: 96,736
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$18.45M
For an in-depth examination of KBX stock, go to TipRanks’ Overview page.