Kobrea Mobilizes Field Crews and Drill to El Perdido - Western Malargüe Mining District - Mendoza Province, Argentina
Rhea-AI Summary
Kobrea Exploration (OTCQB: KBXFF) has mobilized field crews and a diamond drill to begin a phase 1 drill program at the El Perdido porphyry system in the Western Malargüe copper projects, Mendoza Province, Argentina.
El Perdido is a 6,878-hectare prospect with a 2 x 2 km hydrothermal alteration footprint, anomalous Cu-Au-Mo surface geochemistry, quartz diorite porphyritic intrusions, hydrothermal breccias and potassic alteration. This will be the first-ever drilling into the defined porphyry target; drilling is expected to begin next week. Technical information was reviewed by the company Qualified Person Rory Ritchie, P.Geo.
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News Market Reaction – KBXFF
On the day this news was published, KBXFF gained 4.23%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that crews are on site and the drill has been mobilized in preparation for the phase 1 diamond drill program at the El Perdido porphyry system within the Company's Western Malargüe Copper Projects (the "Property"). Kobrea holds the right to earn a
"Our crew has worked hard in advance of the first ever drill program at El Perdido," commented James Hedalen, CEO. "We would like to extend our gratitude to everyone who has enabled us to get to this point including our local contractors and crew. We are expecting to begin drilling next week and will provide information on the initial drill program once the drills are at site."
El Perdido Prospect
The 6,878-hectare El Perdido Project is host to a porphyry Cu-Au-Mo system that has been defined at surface but has not seen any drilling to date (Figure 1). The porphyry target is characterized as a 2 x 2-kilometre hydrothermal alteration footprint exhibiting classic porphyry alteration assemblages, anomalous copper-gold-molybdenum rock geochemistry, mapped quartz diorite porphyritic intrusions, extensive hydrothermal breccias and potassic alteration in an area that is otherwise dominated by phyllic alteration. The first ever diamond drill program will test the center of the system at El Perdido where the highest density of quartz stockwork veining associated with a potassic alteration assemblage occurs and which has been intruded by a series of inter-mineral hydrothermal breccias.
Figure 1. Plan maps of the El Perdido porphyry system. A) Geological map showing extents of potassic and phyllic alteration. B) 2025 Reduced to Pole magnetics. C) 2025 ASTER data showing sericite-clay alteration
To view an enhanced version of this graphic, please visit:
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Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Rory Ritchie, P.Geo., VP - Exploration and Director of Kobrea and a Qualified Person under National Instrument 43-101.
About Kobrea
Kobrea Exploration Corp. is a mineral exploration and development company focused on the acquisition and exploration of base metal projects. Kobrea holds the right to earn a
For more information, please consult the Company's filings, available at www.sedarplus.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "James Hedalen"
James Hedalen
CEO & Director
Contact Information
James Hedalen
CEO & Director
Mobile: (778) 322-9066
Email: James@kobreaexploration.com
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company, including statements respecting: the mobilization and commencement of a phase 1 diamond drill program at the Property; the timing of drilling; and the targets for the drill program. These forward-looking statements generally are identified by words such as "believe," "project," "aim," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279756
FAQ
When will Kobrea (KBXFF) start drilling at El Perdido?
What size and type of target is Kobrea testing at El Perdido (KBXFF)?
Has El Perdido been drilled before by Kobrea (KBXFF)?
Who approved the technical information for Kobrea's (KBXFF) drilling announcement?
What geological evidence supports the porphyry target at El Perdido for Kobrea (KBXFF)?
