CPO commences drilling at Lana Corina, Chile

Project Name: Lana Corina Project
Project Location: Chile
Project Stage: Exploration

ProjectBank Summary:
Culpeo Minerals Limited (ASX: CPO) is pleased to announce that extensional drilling has commenced at the Lana Corina Project in Chile. Building on the achievements of the 2023 program, the new diamond drilling campaign aims to extend the high-grade copper and molybdenum mineralisation along a significant corridor.

Culpeo Minerals Highlights:

• Diamond drilling program underway at the Lana Corina Prospect.

• The program is scheduled for 2,000m of drilling to extend broad zones of high-grade copper and molybdenum mineralisation along a >3km prospective corridor, including:

  • 257m @ 1.10% CuEq in CMLCD002 from 170m

  • 173m @ 1.09% CuEq in CMLCD003 from 313m

  • 169m @ 1.21% CuEq in CMLCD010 from 239m

• High-grade copper and molybdenum mineralisation defined over a surface area of 500m x 400m, extending to over 700m deep and open in all directions.

MD/CEO Statement:
Max Tuesley, Managing Director, commented: "Following the success of the 2023 program and the exceptional results we have delivered from Lana Corina, it is exciting to have commenced another significant drilling campaign at the Project in 2024. The commencement of this extensional exploration program is an important step in realising the Company’s growth strategy, and we look forward to sharing progress updates with our shareholders over the coming months as we continue to drill our Lana Corina and Fortuna Projects."