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Culpeo Minerals Limited (ASX:CPO)

ALERT: Price-sensitive ASX Announcement for CPO
Current share price for CPO : $0.017 0.004 (30.77%)+
Announcement
Release
18 Aug 2026 8:44AM
Price at Release
$0.013
Full Release
download
Summary
Culpeo Minerals Limited announced the identification of two strong chargeability anomalies from an Induced Polarisation (IP) survey at their Fortuna Project in Chile, specifically at the El Quillay North and El Quillay West prospects. These anomalies coincide with surface copper mineralisation and rock-chip sampling has shown assays greater than 1.0% copper. The company has planned initial diamond drilling with one 250m hole at each target, expected to proceed after current drilling activities at El Quillay South. This exploration is part of Culpeo’s strategy to advance their high-grade copper systems in Chile's Coastal Cordillera.
Key Points
  • Identification of two strong chargeability anomalies from IP survey at Fortuna Project.
  • Anomalies coincide with surface copper mineralisation and high copper assays.
  • Planned initial diamond drilling with 250m holes at each anomaly.
  • Drilling to start post current activities at El Quillay South.
  • Project is part of Culpeo's strategy to target high-grade copper systems in Chile.
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.