Culpeo Minerals

Culpeo Minerals Discovers Additional Surface Copper At Vista Montana

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.

Figure 1: Plan view - Vista Montana (Total Magnetic Intensity Overlay, ASX announcement 18 May 2022), showing Cu bearing sheeted vein system (green lines), stockwork and breccia zones identified from mapping.

Figure 2: Defined targets over >3km of strike (background image is the VOXI 3D magnetic inversion model) (Refer ASX announcement 31 August 2022) and showing location of Vista Montana relative to Lana Corina.

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
The Conversation (0)
Culpeo Minerals (ASX:CPO, OTCQB:CPORF)

Culpeo Minerals

Exploring High-grade Outcropping Copper-Gold Projects in Chile

Exploring High-grade Outcropping Copper-Gold Projects in Chile Keep Reading...
Harmony Greenlights US$1.75 Billion Eva Copper Mine Bildout

Harmony Greenlights US$1.75 Billion Eva Copper Mine Bildout

Harmony Gold Mining (NYSE:HMY,JSE:HAR) announced that it has approved development of its Eva Copper project in Queensland after completing an updated feasibility study, with an estimated capital of US$1.75 billion across a three-year window.The South African miner said Monday (November24) that... Keep Reading...
Critical Mineral Resources

Diamond Core Rig Arrived on Site

Critical Mineral Resources plc (“CMR”, “Company”) is delighted to announce the arrival of its diamond core drilling rig at Agadir Melloul, marking a major step forward that puts the project in an excellent position to accelerate drilling activity. The team is now focused on commissioning the rig... Keep Reading...
Critical Mineral Resources

Drilling results confirm new copper discovery with district scale potential

Critical Mineral Resources plc (“CMR”, “Company”) is delighted to announce extremely encouraging results from its maiden core drilling programme at Agadir Melloul, confirming a significant new, shallow copper discovery and establishing the foundations for a potential district scale sediment... Keep Reading...
Nick Hodge, gold bars.

Nick Hodge: Copper is My Top 2026 Pick, but Gold, Silver Run Not Done

Nick Hodge, publisher at Digest Publishing, is most bullish on copper and uranium in 2026, but also believes gold and silver prices have further to go despite recent gains. "We are in the middle of a precious metals bull market," he said. "Silver hasn't had its day yet, so I think that's a... Keep Reading...
 Adam Woolridge, CEO of Cobre.

Cobre Advances Botswana Copper Project as Market Rerates Company

Cobre (ASX:CBE) CEO Adam Wooldridge says investor enthusiasm for the company has been driven by significant progress at its Ngami copper project in Botswana. “Investors are starting to see it as a real development opportunity,” he said, noting that Cobre has achieved in-situ copper recoveries of... Keep Reading...

Latest Press Releases

Related News