Small float, cashed up, high quality target in elephant country. Will mother nature cooperate?
Kobrea Mobilizes Field Crews and Drill to El Perdido - Western Malargüe Mining District - Mendoza Province, Argentina
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that crews are on site and the drill has been mobilized in preparation for the phase 1 diamond drill program at the El Perdido porphyry system within the Company's Western Malargüe Copper Projects (the "Property"). Kobrea holds the right to earn a 100% interest in 7 projects totaling 733 km2 in southwestern Mendoza Province, Argentina (see the Company's August 19, 2024 news release for details).
"Our crew has worked hard in advance of the first ever drill program at El Perdido," commented James Hedalen, CEO. "We would like to extend our gratitude to everyone who has enabled us to get to this point including our local contractors and crew. We are expecting to begin drilling next week and will provide information on the initial drill program once the drills are at site."
El Perdido Prospect
The 6,878-hectare El Perdido Project is host to a porphyry Cu-Au-Mo system that has been defined at surface but has not seen any drilling to date (Figure 1). The porphyry target is characterized as a 2 x 2-kilometre hydrothermal alteration footprint exhibiting classic porphyry alteration assemblages, anomalous copper-gold-molybdenum rock geochemistry, mapped quartz diorite porphyritic intrusions, extensive hydrothermal breccias and potassic alteration in an area that is otherwise dominated by phyllic alteration. The first ever diamond drill program will test the center of the system at El Perdido where the highest density of quartz stockwork veining associated with a potassic alteration assemblage occurs and which has been intruded by a series of inter-mineral hydrothermal breccias.
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