Culpeo Minerals Limited (ASX: $CPO) reports high-grade copper mineralisation at Fortuna Project

Culpeo Minerals Limited (ASX: $CPO) has reported high-grade copper mineralisation grading up to 2.19% CuEq at the Vaca Muerta and El Quillay North Prospects within its 80%-owned Fortuna Project in Chile. The reconnaissance drilling program has intersected multiple zones of shallow, high-grade copper mineralisation, with mineralisation hosted within broad zones of favourable host rocks. The Company's Managing Director, Max Tuesley, expressed optimism about the significant potential of the target area and the ongoing exploration success at El Quillay, indicating the potential for a major copper discovery.

Executive Commentary on Fortuna Project

To drill and intersect multiple zones of shallow copper mineralisation on our first pass reconnaissance drilling program at Vaca Muerta is extremely positive and highlights the significant potential of the target area. This result coupled with the ongoing exploration success at El Quillay indicates that the Fortuna Project continues to provide potential for a major copper discovery with three distinct targets now identified that include: breccia hosted copper mineralisation at El Quillay and Vaca Muerta, porphyry copper and gold at La Florida and high- grade structurally controlled copper and gold at Piedra Dura.

Summary of Culpeo Minerals' Announcement

Culpeo Minerals' reconnaissance drilling at the Vaca Muerta and El Quillay North Prospects within the Fortuna Project has delivered promising results, with high-grade copper mineralisation intersected. The Company's Managing Director, Max Tuesley, expressed optimism about the significant potential of the target area and the ongoing exploration success at El Quillay, indicating the potential for a major copper discovery. The Company's active exploration program for 2024 continues at the Lana Corina and Fortuna Projects, with a focus on extending high-grade, broad zones of copper and molybdenum 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.