Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Kobrea Commences Drilling at El Perdido - Western Malargue Mining District - Mendoza Province, Argentina

KBX · Price

Executive Summary

  • Kobrea Exploration Corp. has commenced Phase 1 diamond drilling at the El Perdido porphyry system, launching three initial drill holes targeting 500 m depths each.
  • The first hole (DD26ELP001) will intersect early quartz‑diorite porphyry and underlying hydrothermal breccia to test copper‑gold‑molybdenum mineralization beneath a leached cap.
  • Kobrea entered a six‑month public‑relations services agreement with Think Ink Marketing for USD 120,000 to provide digital advertising, video distribution, social media coverage, and email marketing.

Key Details

  • Drilling Program
  • Location: El Perdido porphyry system, Western Malargüe Copper Projects, Mendoza Province, Argentina.
  • Scope: Phase 1 – three diamond drill holes (DD26ELP001‑003), each planned to a target depth of ~500 m; rigs capable of >1,000 m and HQ/NQ core sizes.
  • Hole DD26ELP001 orientation: due east, inclination ‑55°, will traverse early quartz‑diorite porphyry, leached cap, and hydrothermal breccia.
  • Objectives: Verify copper, gold, molybdenum grades beneath surface leach; collect geological, alteration, and geochemical data to guide subsequent drilling phases.
  • Public Relations Services Agreement
  • Parties: Kobrea Exploration Corp. & Think Ink Marketing Data and Email Services (“Think Ink”).
  • Effective date: January 19 2026; term: six months (initial).
  • Compensation: USD 120,000 total for services.
  • Services included: native/display advertising on Google/Taboola, video distribution on YouTube, social media coverage on X, TikTok, Meta, and email newsletter distribution.
  • Contact: Claire Stevens, principal – [email protected]; phone 310‑760‑2616; address 3308 W. Warner Ave., Santa Ana, CA 92704.
  • Qualified Person
  • Technical information reviewed and approved by Rory Ritchie, P.Geo., VP – Exploration & Director (NI 43‑101 Qualified Person).

Notable Quotes

“Drilling has begun at the first ever drill program at El Perdido,” said James Hedalen, CEO. “This milestone reflects our commitment to unlock the value in this emerging district and marks the first drill test on these claims in history.” – James Hedalen, CEO & Director


Materiality Assessment: Non‑Material – Positive (the announcement provides operational progress but does not contain financial results or material transactions that would be deemed material to investors).

Read the original news release →

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