KOBREA EXPL CORP Stock Price, News & Analysis

Kobrea Exploration Corp (OTCQB: KBXFF) has commissioned a comprehensive heli-borne magnetic and radiometric survey for its Western Malargüe Copper Projects in Argentina. The survey will be conducted by New-Sense Geophysics in partnership with GeoEnergia Argentina.

The 2,245 line-kilometre survey will cover 7 projects spanning 733 km² in southwestern Mendoza Province, where Kobrea has rights to earn 100% interest. The initiative aims to better define existing porphyry targets and identify new ones, particularly at the El Perdido and El Destino sites.

At El Destino, the survey will investigate a 1-kilometer by 3-kilometer hydrothermal alteration system believed to extend under Pleistocene-aged ignimbrites. The collected data will help measure rock properties beneath younger cover rock and outline additional areas of potassic alteration. At El Perdido, the survey will expand upon historical geophysics that indicate potential for a large copper-bearing system.

Kobrea Exploration Corp (OTCQB: KBXFF) has provided an update on its Western Malargüe Copper Projects in Argentina's Mendoza Province. The company has identified significant hydrothermal breccia formations at multiple sites, with the most notable discovery at El Perdido spanning 1,700m x 250m.

Key developments include:

• Diamond drill hole locations determined at El Perdido
• Preparations for drill access road construction underway
• Multiple varieties of hydrothermal breccias observed, including late-mineral breccias with A-veined clasts and inter-mineral breccias
• Potential for preserved supergene enrichment horizon identified

The presence of these breccias is particularly significant as they are characteristic of major copper deposits in the Late Miocene - Early Pliocene porphyry belt, including world-class deposits like El Teniente and Los Bronces.

Kobrea Exploration Corp (CSE: KBX, OTCQB: KBXFF) has completed its next payment under the Option Agreement dated August 14, 2024, for the Western Malargüe Copper Projects in Argentina. The payment included USD$187,500 in cash and 70,000 common shares, representing the first portion of the second payment.

The Option Agreement grants Kobrea the exclusive right to earn a 100% interest in seven projects covering over 733 km² in southwestern Mendoza Province. To acquire full interest, Kobrea must issue 3.5 million common shares and make cash payments totaling USD$6.76 million over five years, subject to a 1.5% net smelter return royalty for the optionors. The issued shares are subject to a four-month and one-day hold period.

Kobrea Exploration Corp. (OTCQB: KBXFF) has initiated its 2025 exploration program at the Western Malargüe Copper Projects in Argentina's Mendoza Province. The company has mobilized field crews to explore multiple porphyry prospects across their 733 km² property, where they hold rights to earn 100% interest in 7 projects.

The exploration program will begin with geological mapping, rock chip sampling, and talus sampling, followed by geophysical surveys. A key focus is the El Perdido prospect, a 6,878-hectare area featuring a porphyry Cu-Au-Mo system with a 2x3 kilometer hydrothermal alteration footprint. This prospect has never been drilled despite showing promising characteristics including quartz stockwork veining and anomalous copper-gold-molybdenum rock geochemistry.

Two of Kobrea's projects, El Perdido and Elena, have received environmental approval for mineral exploration activities, including drilling, as part of the Western Malargüe Mining District initiative.

Kobrea Exploration Corp (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) has appointed Paul Johnston, PhD, P.Geo., as Chief Geologist, while current Chief Geologist Rory Ritchie has been promoted to Vice President of Exploration. Johnston brings 37 years of experience, including 18 years at Teck Resources where he served as Regional Chief Geoscientist-South America. His expertise focuses on porphyry copper deposits, with significant experience in South America, Indonesia, China, and Australia. Johnston holds an MSc and PhD from Queen's University and will lead exploration activities at the company's Western Malargüe Copper Projects.

Kobrea Exploration Corp. has received approval from Mendoza Province, Argentina, for mineral exploration activities, including drilling, at its El Perdido and Elena projects in the Western Malargüe Mining District. The approval covers 34 mining projects following extensive public hearings and technical analysis. El Perdido Project features a 2x3km hydrothermal alteration footprint with a porphyry Cu-Au-Mo system. Elena Project encompasses a 5x7km trend with three porphyry prospects: Las Cargas, Tiburcio, and Cerro Bayo. This marks the first-ever drilling approval for Kobrea's projects, with five more projects awaiting approval.

Kobrea Exploration (CSE: KBX, OTCQB: KBXFF) has appointed Axemen Resource Capital and Darren Pylot as strategic advisors. Cal Everett, representing Axemen, and Pylot will assist Kobrea's growth as a copper exploration company, providing access to financial networks and advising on capital raising, corporate introductions, and M&A strategy. The advisors will support Kobrea's Western Malargüe Copper Projects in Argentina, where 12 major porphyry targets have been identified, with El Perdido being drill-ready. Both advisors bring significant experience: Everett has raised over $1 billion in resource markets, while Pylot led Capstone Mining's growth from a single-asset company to a leading intermediate copper producer.

Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) has completed the first payment under an option agreement to acquire up to 100% interest in the Western Malargüe Copper Projects in Argentina. The payment included USD$250,000 in cash and 100,000 common shares. To fully acquire the properties, Kobrea must issue 3.5 million shares and pay USD$6.76 million over five years, subject to a 1.5% net smelter return royalty. The company plans to conduct exploration activities, including a district-scale ZTEM survey to define hydrothermal alteration footprints and outline additional copper porphyry targets. Geological, geochemical, and geophysical surveys will follow to advance priority targets.

Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) has entered into an exclusive option agreement to acquire up to a 100% interest in the Western Malargüe Copper Projects in Argentina's Mendoza province. The portfolio comprises seven projects totaling 73,334 hectares within the Neogene Porphyry Belt, known for world-class copper deposits. Key highlights include:

- Two mapped Cu-Au-Mo porphyry systems previously explored by Vale
- 12 identified porphyry targets with no historical drilling
- Neighboring projects recently granted first-time drill permits
- Five-year option agreement structure
- 1.5% NSR royalty to optionors, with buyback options

The deal involves share issuances totaling 3.5 million and cash payments of up to USD $6.76 million over five years. Kobrea can earn partial interests at different stages and has flexibility regarding permit-related delays.