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Kobrea Exploration Corp. (KBXFF) reports exploration and project-development activity for base metal properties in Argentina and Canada. The company holds the right to earn a 100% interest in seven projects covering 733 square kilometers in southwestern Mendoza Province, Argentina, within the Western Malargüe Mining District, and holds a 100% interest in the Upland Copper Project in British Columbia.
Recurring updates focus on porphyry copper and copper-gold-molybdenum targets, including El Perdido drilling, El Destino geophysical interpretation, Cuprum breccia mapping and sampling, access-road and camp work, and environmental approvals for mineral exploration and drilling.
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.
Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) has commenced trenching activities at its Upland Copper Project in south-central British Columbia. The 5,300-hectare project, located 20 km northeast of Barriere and 20 km south of Taseko Mines 's Yellowhead Project, hosts a copper-dominant, remobilized polymetallic volcanogenic massive sulphide deposit.
The company plans to complete up to 1,000 metres of trenching to assess copper mineralization continuity at surface and define higher-grade domains for future drill targeting. Additional passive seismic surveys have been conducted to identify areas where bedrock can be reached over priority cross-sections of the deposit.
Kobrea has also engaged Black Swan Solutions Inc. (VHLA Media) for a two-month digital marketing campaign, including social media content development and distribution across various online platforms, for a fee of C$50,000 plus GST.
Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) has received exploration permits for its Upland Copper Project in south-central British Columbia. The project, spanning 5,300 hectares, is located 20 km northeast of Barriere and 20 km south of Taseko Mines 's Yellowhead Project. The British Columbia Ministry of Energy, Mines and Low Carbon Innovation has approved Kobrea's exploration plan, allowing for diamond drilling, trenching, and construction of excavated trails.
Crews are currently conducting additional passive seismic surveys on the project site to prepare for upcoming trenching activities. The Upland Copper Project hosts a copper-dominant, remobilized polymetallic volcanogenic massive sulphide deposit with potential for expansion.
Kobrea Exploration Corp. (CSE: KBX, OTCQB: KBXFF) has announced promising soil geochemical results from its Upland Copper Project in British Columbia. The survey revealed a 1,400 m by 800 m soil anomaly, with a highly anomalous portion measuring 600 m x 600 m. Key findings include:
- 19% of samples in the highly anomalous area contained over 1,000 ppm copper
- 54% of samples showed more than 500 ppm copper
- Gold-in-soil samples reached up to 1.73 gpt gold, untested by drilling
The results confirm the need for additional drilling, particularly in areas with historical high-grade copper findings and coinciding gold anomalies. The project's potential for both copper and precious metals expansion is highlighted, with plans for infill drilling and depth extension exploration.
Kobrea Exploration has started field work at its Upland Copper Project, a 5,300-hectare site located in south-central British Columbia. This project is adjacent to Taseko Mines' Yellowhead Project and hosts a copper-dominant, polymetallic deposit. Exploration includes soil geochemical surveys to build upon previous data and provide new multi-element and precious metal analyses, and passive seismic surveys to measure overburden depth for future trenching and drilling activities. These efforts aim to target higher-grade copper and precious-metal-rich domains.
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