Culpeo Minerals Limited (Culpeo or the Company) (ASX: $CPO, OTCQB:CPORF) has announced the intersection of significant widths of visible copper mineralisation at very shallow depth at the El Quillay Prospect, Fortuna Project in Chile. The broad zone of shallow visible copper mineralisation was intersected over 40m from 15m downhole in CMEQD002 and over 23m from 20m downhole in CMEQD001. The intersected copper mineralisation in both diamond holes remains open in all directions, expanding the potential of the El Quillay corridor where outcropping copper mineralisation and historical mining is present over a strike length of more than 3km. Samples have been dispatched for laboratory analysis, with assay results expected in January 2024.
'It is a fantastic result to immediately intersect visible copper SO near to surface with our first two diamond holes at El Quillay North. This validates our initial work and confirms the prospectivity of this very exciting target. It also highlights the vast potential of the extensive El Quillay mineralised corridor, dominated by a wide, approximately 3km long zone, of outcropping copper mineralisation, the majority of which remains undrilled.'
Culpeo Minerals has reported the intersection of significant widths of visible copper mineralisation at the El Quillay Prospect, Fortuna Project in Chile. The company's Managing Director, Max Tuesley, expressed excitement over the immediate intersection of visible copper near the surface with the first two diamond holes at El Quillay North. The intersected copper mineralisation in both diamond holes remains open in all directions, expanding the potential of the El Quillay corridor. The company anticipates the release of assay results in January 2024, which will provide further insights into the actual widths and grade of the visible mineralisation. Culpeo Minerals aims to create value for its shareholders through exposure to the acquisition, discovery, and development of mineral properties featuring high-grade, near-surface copper mineralisation.