CPO confirms high-grade surface copper and gold mineralisation at Lana Corina, Chile

Project Name: Lana Corina

Project Location: Chile

Project Stage: Exploration

ProjectBank Summary: Culpeo Minerals Limited (ASX: CPO, OTCQB: CPORF) is pleased to announce assay results from the first round of field exploration at the El Quillay South Prospect, part of the Fortuna Project. Rock chip sampling has extended the strike length of El Quillay South to 1,200 meters and confirmed significant surface copper and gold mineralisation. These results significantly enhance the prospectivity of the 3km-long El Quillay Fault zone and add substantial dimension to the Company’s exploration strategy for the project.

Culpeo Minerals Highlights:

• First round rock chip sampling at El Quillay South:

  • Extended the strike length to 1,200m and identified high-grade copper and gold mineralisation.

  • Assays returned grades up to 1.33% Cu and 2.40g/t Au.

  • 11 of the 18 rock chip samples collected returned assays greater than 0.5% Cu.

• El Quillay Fault details:

  • Spans over 3km and links the El Quillay South, Central, and North Prospects.

  • Previous drilling returned an intersection of 26m @ 0.81% CuEq.

• Newly identified targets:

  • Additional parallel mineralised zone, El Quillay East.

  • New breccia targets defined at Lana Corina and Vista Montana, scheduled for drilling soon.

MD/CEO Statement: Max Tuesley, Managing Director of Culpeo Minerals, commented: "The encouraging surface sampling results at the El Quillay South Prospect confirm significant copper and gold mineralisation along a strike length of 1,200m and provide new drill targets for immediate follow-up. This sampling program continues to demonstrate that the 3km-long fault structure linking the El Quillay North and South Prospects is intimately associated with copper mineralisation and provides a highly prospective setting for further exploration within the Fortuna Project."