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Culpeo Minerals Limited (ASX:CPO)
ALERT: Price-sensitive ASX Announcement for CPO
Current share price for CPO : $0.013 0.001 (8.33%)+
Announcement
Release
21 Jul 2025 8:52AM
Price at Release
$0.012
Full Release
Summary
Culpeo Minerals Limited announced high-grade copper and silver results from recent surface sampling at the La Florida Prospect, located within the Lana Corina Project in Chile. The sampling program identified significant copper mineralisation at surface, with grades up to 5.36% Cu and 101g/t Ag, confirming the potential for substantial mineralised systems. The results highlight two main mineralised trends with strong copper oxide mineralisation associated with breccia-hosted and vein-hosted systems, extending the known mineralisation footprint. The company plans follow-up drilling to further define the extent and continuity of the high-grade mineralisation, supporting its strategy to advance the Lana Corina Project as a significant copper deposit in a highly prospective region.
Key Points
- High-grade copper and silver surface results returned from La Florida Prospect in Chile.
- Surface sampling recorded up to 5.36% copper and 101g/t silver.
- Results confirm presence of significant copper mineralised trends at surface.
- Mineralisation associated with breccia-hosted and vein-hosted systems.
- Expansion of the known mineralisation footprint at La Florida.
- Sampling results support the prospectivity of Lana Corina for major copper discoveries.
- Company intends to carry out follow-up drilling to define extent and continuity of mineralisation.
- Lana Corina Project is located in a highly prospective region for copper in Chile.
- Surface program included systematic channel and grab sampling.
- Culpeo Minerals' strategy is to advance Lana Corina as a significant copper project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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