Kobrea Mobilizes Field Crews and Drill to El Perdido - Western Malargue Mining District - Mendoza Province, Argentina

Executive Summary

• Kobrea Exploration Corp. has mobilized crews and equipment to the El Perdido porphyry system in Argentina, preparing for its first ever phase‑1 diamond drill program.
• The 6,878‑hectare El Perdido Project hosts a surface‑defined Cu‑Au‑Mo porphyry system that has not yet been drilled; the upcoming program will target the central zone with the highest density of quartz stockwork veining and potassic alteration.
• Drilling is expected to commence next week, after which initial results will be released.

Key Details

• Project Scope: 6,878 ha (≈68.78 km²) El Perdido porphyry system within Kobrea’s Western Malargüe Copper Projects, part of a portfolio of seven projects covering ~733 km² in southwestern Mendoza Province, Argentina.
• Target Characteristics: 2 × 2 km hydrothermal alteration footprint; classic porphyry alteration assemblages; anomalous Cu‑Au‑Mo geochemistry; quartz‑diorite intrusions; extensive breccias; potassic overprint on phyllic background.
• Drill Program: Phase 1 diamond drilling to test the central zone where quartz stockwork veining and potassic alteration are most concentrated, intersected by hydrothermal breccias.
• Timeline: Mobilization complete; drilling anticipated to begin next week (early January 2026).
• Qualified Person: Rory Ritchie, P.Geo., VP – Exploration & Director, reviewed and approved technical content under NI 43‑101.
• CEO Comment: “Our crew has worked hard in advance of the first ever drill program at El Perdido… We are expecting to begin drilling next week and will provide information on the initial drill program once the drills are at site.” – James Hedalen, CEO.

Notable Quotes

“Our crew has worked hard in advance of the first ever drill program at El Perdido,” commented James Hedalen, CEO. “We would like to extend our gratitude to everyone who has enabled us to get to this point… We are expecting to begin drilling next week and will provide information on the initial drill program once the drills are at site.”