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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Production / Operations

Kobrea Receives Approval to Conduct Mineral Exploration at El Destino, Sofi and Cuprum Projects - Western Malargue Mining District - Mendoza Province, Argentina

By The Northwire Desk — AI Analysis Dec 11, 2025 · 08:02 KBX · 0.47 Kobrea Exploration Corp.
KBX · Price

Executive Summary

  • The Senate and Chamber of Deputies of Mendoza Province ratified Environmental Impact Statements for an additional 27 Kobrea exploration projects in the Western Malargüe Mining District, granting full approval for mineral exploration activities, including drilling.
  • Construction of access infrastructure (road and camp) at the El Perdido Project is underway in preparation for a maiden diamond‑drilling program slated to start within weeks.
  • The approvals underscore provincial government support for mining and clear a path for Kobrea’s planned exploration and development activities in Argentina.

Key Details

  • Regulatory Approval: On December 9, 2025 the Provincial Legislature approved Environmental Impact Statements for 27 mineral‑exploration projects, including all of Kobrea’s holdings in the Western Malargüe Mining District (WMMD).
  • Project Scope: Approvals cover the El Destino Project and other WMMD projects, allowing exploration and development activities such as drilling.
  • El Perdido Project: Ongoing construction of an access road to the drill site and an exploration camp; maiden diamond‑drilling program expected to commence in the coming weeks.
  • San Jorge Project: Separate approval for the San Jorge porphyry copper project (Uspallata, Las Heras District) was also announced, highlighting broader provincial support for mining development.
  • Strategic Impact: The approvals remove a key permitting barrier, enabling Kobrea to advance its exploration agenda and potentially generate drill‑hole data that could lead to resource delineation.
  • CEO Comment: James Hedalen emphasized the significance of the legislative ratifications as evidence of Mendoza’s support for mining and the economic opportunities it brings.

Notable Quotes

“These approvals clearly demonstrate that the provincial government and the people of Mendoza support mining and believe in the economic opportunities that sustainable exploration and development will bring.” – James Hedalen, CEO & Director

Read the original news release →

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