October 12, 2022
Culpeo Minerals Ltd. (ASX:CPO, Not Rated, Taylor Combaluzier) announced sampling and mapping results from the Anico porphyry target at its Quelon Cu-Au project located in Chile. Recent sampling returned up to 1.88% Cu and 4.10 g/t Au in surface outcrops, expanding the mineralization 500m to the south. Surface mineralization at Anico now covers an area of 800m X 1,000m and is adjacent to the previously defined IP target. A shallow drilling program (3 holes or 1,200m) is planned to test the coincident geochemical and geophysical target, which suggests the presence of a deeper mineralized body. These positive results affirm our view that Quelon is prospective for IOCG or porphyry Cu-Au mineralization and we believe the project warrants a maiden drilling program. Read more
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Culpeo Minerals Ltd. – ASX:CPO – NA
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