CPO 2.08% 4.7¢ culpeo minerals limited

Week of FOMO-CPO, page-259

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    Results are out:

    HIGHLIGHTS
    • First round rock chip sampling at El Quillay South has extended the strike length to 1,200m and
    identified high-grade copper and gold mineralisation
    • Assays returned grades up to 1.33% Cu and 2.40g/t Au, with 11 of the 18 rock chip samples
    collected returning assays greater than 0.5% Cu
    • The El Quillay Fault spans >3km and links the El Quillay South, Central and North Prospects
    where drilling returned an intersection of 26m @ 0.81% CuEq (refer ASX announcement 17th
    January 2024).
    • Mapping and sampling identified an additional parallel mineralised zone, El Quillay East.
    • New breccia targets defined at Lana Corina and Vista Montana are scheduled for drilling in
    the coming weeks.

    Culpeo Minerals’ Managing Director, Max Tuesley, commented:
    “The encouraging surface sampling results at the El Quillay South Prospect confirm significant copper
    and gold mineralisation along a strike length of 1,200m and provide new drill targets for immediate
    follow-up. This sampling program continues to demonstrate that the 3km-long fault structure linking
    the El Quillay North and South Prospects is intimately associated with copper mineralisation and
    provides a highly prospective setting for further exploration within the Fortuna Project.
 
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