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The latest announcement is out from Kobrea Exploration Corp. ( (TSE:KBX) ).
Kobrea Exploration Corp. has identified a sizeable 1,250-metre by 500-metre hydrothermal breccia body at its KBX-17 target within the Cuprum trend of the Western Malargüe Copper Projects in Argentina, a previously unrecognized prospect that has seen no historical drilling. Geological mapping and rock-chip sampling show the breccia to be anomalous in copper, with nearby diorite host rocks returning grades of up to 1.6% copper, and several additional smaller breccia bodies mapped in the surrounding diorite stock, reinforcing the company’s interpretation of a vertically zoned, sulphide-cemented hydrothermal breccia linked to a porphyry system at depth. The discovery underscores the broader exploration potential of Kobrea’s land package and supports its thesis that significant additional copper mineralization remains to be found, as the company advances target development, plans an induced polarization survey over KBX-17, and continues systematic mapping and geochemical work across multiple porphyry-scale prospects in the district.
More about Kobrea Exploration Corp.
Kobrea Exploration Corp. is a mineral exploration company focused on copper assets in southwestern Mendoza Province, Argentina. The company holds the right to earn a 100% interest in seven copper projects covering 733 square kilometres in the Western Malargüe mining district, targeting porphyry and related deposit styles through mapping, sampling and drilling programs.
Average Trading Volume: 108,173
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$27.69M
For an in-depth examination of KBX stock, go to TipRanks’ Overview page.