
- WORLD EDITIONAustraliaNorth AmericaWorld
June 06, 2023
Culpeo Minerals Limited (“Culpeo” or the “Company”) (ASX:CPO, OTCQB:CPORF) is pleased to announce detailed mapping has identified a new 800m x 700m outcropping copper bearing sheeted vein and breccia system at the Vista Montana Prospect, within the Lana Corina Copper and Molybdenum Project (the “Project”) in Chile.
HIGHLIGHTS
- Outcropping chalcopyrite copper mineralisation has been identified at the Vista Montana Prospect from detailed surface mapping,
- Outcropping copper mineralisation is coincident with geochemical anomalies defined by the recent geochemical survey (ASX announcement 3 April 2023).
- Extensive stockwork / breccia zone associated with copper bearing sheeted vein system observed (Figure 1).
- Drillhole planning is currently underway, with drill rig to be mobilised in the 3rd Quarter.


Culpeo Minerals’ Managing Director, Max Tuesley, commented:
“This new, outcropping, copper bearing vein and breccia system is associated with a large stock-work alteration zone providing a shallow drill target. This new target area is 800m by 700m and further demonstrates the sheer scale of the copper mineralising system at the Lana Corina Project offering exploration potential for additional near surface, high grade copper mineralisation to occur similar to what we have already drilled at the Lana Corina. Geological mapping is continuing, and the company is planning a maiden drill program at Vista Montana to commence in Q3 2023."
Detailed Mapping Program
Following the previously reported generation of multiple exploration targets at Vista Montana from a recently completed geochemical survey (ASX announcement 3 April 2023) the company instigated an additional detailed mapping program over the area prior to the finalisation of drilling program design.
This mapping program has identified outcropping copper mineralisation associated with an extensive sheeted vein system and a stockwork / breccia zone over an area of 800m x 700m (Figure 3 and 4).
Mapping has identified an extensive network of copper bearing sheeted veins that covers an area of 400m x 300m in dimensions and appears to be related to the possible porphyry intrusive centers identified in the area, from the interpretation of geophysical and geochemical data over the zone (ASX announcement 3 April 2023).
Proximal to the sheeted vein system the mapping also identified a large stockwork alteration zone and associated breccia zone 400m x 400m in size. These breccias are highly silicified and contain significant copper sulfide mineralisation in the form of chalcopyrite.
Click here for the full ASX Release
This article includes content from Culpeo Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
CPO:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
03 April 2024
Culpeo Minerals
Exploring High-grade Outcropping Copper-Gold Projects in Chile
Exploring High-grade Outcropping Copper-Gold Projects in Chile Keep Reading...
13h
Lundin Cuts Copper Target After Another Storm Hits Chile
Lundin Mining (TSX:LUN,OTCPL:LUNMF) lowered its full-year copper production guidance after a second winter storm in Chile's Atacama region damaged infrastructure and disrupted operations at the Caserones mine.Severe weather re-damaged a transmission tower serving Caserones that repair crews had... Keep Reading...
18 August
Wired in Metal: AI and the Changing Copper Cycle
The world is witnessing the start of a new copper supercycle.Copper supply and demand have long been dependent on electricity and industrial sectors, with the previous mining cycle cemented by infrastructure projects, manufacturing expansion and rapid city growth. The growing focus on generative... Keep Reading...
17 August
Antofagasta Cuts Guidance Amid Global Copper Squeeze
Antofagasta (LSE:ANTO,OTCPL:ANFGF) has slashed its annual copper guidance following historic winter storms at its flagship mine in Chile, compounding a global supply squeeze that has pushed prices to record highs.The company lowered its 2026 copper output forecast to between 625,000 and 655,000... Keep Reading...
17 August
Korea's Export-Import Bank Lends Glencore US$1 Billion for Copper Supply
The Export-Import Bank of Korea will extend US$1 billion in financing to Glencore (LSE:GLEN,OTCPL:GLCNF) in exchange for guaranteed supply of copper for South Korean industrial companies, Bloomberg reported.The state-run lender notes that Glencore’s mining operations in Chile and Peru offer... Keep Reading...
12 August
Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters in DDH WD-26-09
Including 4.03% Cu-Eq over 16.50m and 5.22% Cu-Eq over 6.50m Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce certified assay results for DDH WD-26-09, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick. 3.49%... Keep Reading...
10 August
Copper in Power: How AI-Driven Data Centers Affect Copper Demand
Data centers are electricity-dependent, and electricity requires copper.Copper is known as the second best conductor of electricity among all metals, second to silver. It holds about 95 percent of silver’s conductivity, yet remains the popular option for electrical wiring given its proven... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






