Kobrea Receives Approval to Drill and Construct Access Road at El Perdido Western Malargue Mining District - Mendoza Province, Argentina
Kobrea Exploration Corp. (OTCQB: KBXFF) has received crucial environmental approvals for its El Perdido mining project in Mendoza Province, Argentina. The company secured Resolution N° 246/25 and Resolution N° 64/25, allowing the construction of a 14-kilometer access road, temporary exploration camp, and diamond drilling activities.
The El Perdido Project, spanning 6,878 hectares, hosts an undrilled porphyry Cu-Au-Mo system with a 2 x 3-kilometer hydrothermal alteration footprint. The project features a 900 x 500-meter area of quartz stockwork veining with copper-gold-molybdenum anomalies. A significant subsurface magnetic anomaly measuring approximately 1,000 meters across and extending 1,000 meters in depth has been identified.
Kobrea Exploration Corp. (OTCQB: KBXFF) ha ottenuto importanti approvazioni ambientali per il suo progetto minerario El Perdido nella provincia di Mendoza, Argentina. La società ha ricevuto la Risoluzione N° 246/25 e la Risoluzione N° 64/25, che autorizzano la costruzione di una strada di accesso lunga 14 chilometri, un campo esplorativo temporaneo e attività di perforazione diamantata.
Il Progetto El Perdido, che si estende su 6.878 ettari, ospita un sistema porfirico Cu-Au-Mo non perforato con un impronta di alterazione idrotermale di 2 x 3 chilometri. Il progetto presenta un'area di 900 x 500 metri caratterizzata da venature di quarzo stockwork con anomalie di rame, oro e molibdeno. È stata inoltre identificata una significativa anomalia magnetica sotterranea di circa 1.000 metri di larghezza e 1.000 metri di profondità.
Kobrea Exploration Corp. (OTCQB: KBXFF) ha recibido aprobaciones ambientales cruciales para su proyecto minero El Perdido en la provincia de Mendoza, Argentina. La empresa obtuvo la Resolución N° 246/25 y la Resolución N° 64/25, que permiten la construcción de un camino de acceso de 14 kilómetros, un campamento temporal de exploración y actividades de perforación diamantina.
El Proyecto El Perdido, que abarca 6,878 hectáreas, alberga un sistema porfírico Cu-Au-Mo sin perforar con una huella de alteración hidrotermal de 2 x 3 kilómetros. El proyecto cuenta con un área de 900 x 500 metros con vetas de cuarzo stockwork y anomalías de cobre, oro y molibdeno. Se ha identificado una importante anomalía magnética subterránea de aproximadamente 1,000 metros de ancho y 1,000 metros de profundidad.
Kobrea Exploration Corp. (OTCQB: KBXFF)는 아르헨티나 멘도사 주에 위치한 엘 페르디도 광산 프로젝트에 대해 중요한 환경 승인들을 받았습니다. 회사는 14km 길이의 접근 도로 건설, 임시 탐사 캠프 및 다이아몬드 시추 활동을 허용하는 246/25호 및 64/25호 결의를 확보했습니다.
엘 페르디도 프로젝트는 6,878헥타르에 걸쳐 있으며, 2 x 3킬로미터의 열수 변질 흔적을 가진 시추되지 않은 Cu-Au-Mo 포피리 시스템을 보유하고 있습니다. 프로젝트에는 구리-금-몰리브덴 이상이 있는 900 x 500미터 크기의 석영 스톡워크 정맥 지역이 포함되어 있습니다. 약 1,000미터 너비에 깊이 1,000미터에 달하는 중요한 지하 자기 이상도 확인되었습니다.
Kobrea Exploration Corp. (OTCQB : KBXFF) a obtenu des approbations environnementales essentielles pour son projet minier El Perdido dans la province de Mendoza, en Argentine. La société a obtenu les résolutions n° 246/25 et n° 64/25, autorisant la construction d'une route d'accès de 14 kilomètres, d'un camp d'exploration temporaire et des activités de forage diamanté.
Le projet El Perdido, qui s'étend sur 6 878 hectares, abrite un système porphyrique Cu-Au-Mo non foré avec une empreinte d'altération hydrothermale de 2 x 3 kilomètres. Le projet comprend une zone de 900 x 500 mètres de veines de quartz en stockwork présentant des anomalies de cuivre, d'or et de molybdène. Une anomalie magnétique souterraine significative, mesurant environ 1 000 mètres de largeur et 1 000 mètres de profondeur, a été identifiée.
Kobrea Exploration Corp. (OTCQB: KBXFF) hat wichtige Umweltgenehmigungen für ihr El Perdido Bergbauprojekt in der Provinz Mendoza, Argentinien, erhalten. Das Unternehmen sicherte sich die Resolution Nr. 246/25 und Nr. 64/25, die den Bau einer 14 Kilometer langen Zufahrtsstraße, eines temporären Erkundungscamps und Diamantbohraktivitäten erlauben.
Das El Perdido Projekt erstreckt sich über 6.878 Hektar und beherbergt ein unerschlossenes porphyrisches Cu-Au-Mo-System mit einem 2 x 3 Kilometer großen hydrothermalen Alterationsfußabdruck. Das Projekt weist ein 900 x 500 Meter großes Gebiet mit Quarz-Stockwerkvererzung und Kupfer-Gold-Molybdän-Anomalien auf. Eine bedeutende unterirdische magnetische Anomalie von etwa 1.000 Metern Breite und 1.000 Metern Tiefe wurde identifiziert.
- First public company to receive drilling approval in Western Malargüe Mining District
- Secured all necessary environmental and water permits for exploration
- Project contains significant porphyry Cu-Au-Mo system with 2 x 3km alteration footprint
- Large magnetic anomaly (1,000m x 1,000m) identified as exploration target
- Project is still in early exploration phase with no prior drilling
- Success of exploration program remains uncertain
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that the Directorate of Mining and the Directorate of Environmental Protection of the Province of Mendoza, Argentina, have issued Resolution Nº 246/25 and Resolution Nº 64/25 approving the Company's Environmental Impact Report update for the El Perdido mining project, which includes the Company's Phase 1 exploration plan to construct approximately 14 kilometres of mining access road, install a temporary exploration camp and complete diamond drilling activities at the El Perdido porphyry copper-gold-molybdenum system. Drilling will commence upon completion of the access road and construction of the exploration camp, which will begin as soon as practicable.
"The approval of the Environmental Impact Report for the El Perdido Project and the ability to drill is a significant milestone for the project and for the Company as a whole," commented James Hedalen, CEO. "Kobrea is the first public company to have drilling activities approved in the Western Malargüe Mining District and we greatly appreciate the efforts from all of those involved with the process. We are excited to conduct the first ever drill program on Kobrea's projects, specifically at the El Perdido porphyry target. I would like to especially thank the Director of Mining, the Minister of Energy and Environment, the Governor of Mendoza Province, the Mayor of Malargüe, Impulsa Mendoza, Kobrea's legal counsel, GT Ingeneria S.A. and the project vendors for their diligent and hard work to get to this permit approved."
The Directors of Impulsa Mendoza stated, regarding the approval of the drilling permit granted by the Mendoza mining authority, "that this is a clear sign both of the consolidation of the advancement of mining activity in the Province of Mendoza and of the legal security that public authorities offer to those, like Kobrea, who have chosen to invest and develop mining projects in this province."
Approval of Environmental Impact Statement
By means of Resolution No. 135/24 of the Directorate of Mining and No. 38/24 of the Directorate of Environmental Protection (the "Resolution"), the Environmental Impact Report of the mining project called "EL PERDIDO" presented by "IMPULSA", ratified by Law No. 9588, is approved as an Environmental Impact Statement. Now, by Article 1 of the Resolutions Nº 246/25 and Nº 64/25, the Directorate of Mining and the Directorate of Environmental Protection states that the update of the Environmental Impact Report, presented by the proponent MINERA AGAUCU S.A., on behalf of Kobrea Exploraciones Argentina S.A., corresponding to the Project called "EL PERDIDO", located in the Department of Malargüe, Province of Mendoza, is hereby approved.
Exploration Plans
The Company's Environmental Impact Report provides for the construction of a 14-kilometre drill access road, construction of a temporary exploration camp and diamond drilling activities at the El Perdido porphyry copper system. A water supply permit, granted by the General Superintendence of Irrigation of Mendoza, has also been secured by the Company to facilitate drilling and camp operations.
The maiden diamond drilling program will test the center of the porphyry copper system at El Perdido where the highest density of A-type quartz stockwork veining associated with a potassic alteration assemblage occurs and which has been intruded by a series of inter-mineral hydrothermal breccias.
El Perdido Project
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. The porphyry target is characterized as a 2 x 3-kilometre hydrothermal alteration footprint exhibiting classic porphyry alteration assemblages with localized potassic alteration coming to surface (Figure 1). A 900 x 500-metre area of quartz stockwork veining coincides with anomalous copper-gold-molybdenum rock geochemistry, mapped quartz diorite porphyritic intrusions, localized biotite breccias and potassic alteration in an area that is otherwise dominated by phyllic alteration. Interpretation of ground magnetometer data collected in 2013 outlines a subsurface magnetic anomaly measuring roughly 1,000 metres across and extending 1,000 metres to depth that is surrounded by a decreased magnetic signature, representing an attractive geophysical target in the context of porphyry Cu-Au-Mo exploration.
Figure 1. 3-dimensional representation of the porphyry Cu-Au-Mo exploration target at El Perdido.
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., Chief Geologist and Director of Kobrea and a Qualified Person under National Instrument 43-101.
About Kobrea
Kobrea Exploration Corp. is a mineral exploration & 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 Company's phase 1 exploration plan; timing for commencement of drilling at El Perdido; the approval of the Company's Environmental Impact Report update signaling the consolidation of advancement of mining activity in the Province of Mendoza and the legal security that public authorities offer to those who have chosen to invest and develop mining projects in the province; and the scope and purpose of the maiden drill program at El Perdido. 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.
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