Culpeo Minerals Ltd. (ASX:CPO, BUY (S), Taylor Combaluzier) - Maiden Drill Hole From El Quillay Returns Shallow Cu Mineralization - Culpeo Minerals announced results from the first hole completed as part of its maiden four-hole (1,000m) drill program at the El Quillay prospect of its recently acquired 80%-owned Fortuna Cu-Au project in Chile (read notable). The hole encountered wide, near-surface copper mineralization with highlights of 0.78% CuEq over 5.8m from 15.2m and 0.81% CuEq over 26m from 29m, including 1.87% CuEq over 4m from 51m. Assays from the second hole of the program, which intersected visible mineralization (read notable), are anticipated in the coming weeks. Additional drilling is planned to test the 3km-long El Quillay host structure. Visible bornite mineralization was also reported from the second hole (CVMVMD002) currently being drilled at the Vaca Muerta prospect. Other plans for 2024 include regional mapping programs and follow-up drilling for the El Quillay, La Florida, Piedra Dure and Lucero prospects as well as drill testing of new breccia targets at the Lana Corina and Vista Montana prospects of the flagship Lana Corina project. We are encouraged by the initial assays from drilling at El Quillay as they confirm prior sampling results and suggest the presence of a larger copper mineralizing system. We believe that additional follow up work is warranted to delineate additional copper mineralization.
https://lnkd.in/gcfWi2_h
#copper #gold #chile #exploration Geoff McNamara Zeff Reeves Paul Schmiede Sergio Uribe Valdés Rob Hallam Niv Dagan Susan Kerr
Today’s Rocks Daily newsletter covers news on the following companies: F3 Uranium Corp., Lotus Resources Ltd., Seabridge Gold Inc., Aris Mining Corp., Aurion Resources Ltd., Bradda Head Lithium Ltd., Culpeo Minerals Ltd., Noram Lithium Corp., Titan Minerals Ltd., Visionary Metals Corp., Karora Resources Inc., and Patriot Battery Metals Inc.
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President Parilla Investment Group
9moTudor looks like a Home Run….