Northwire Canada EditionMonday, August 10, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Kobrea starts phase 1 exploration at El Perdido

KBX · Price

Executive Summary

  • Kobrea Exploration Corp. has commenced Phase 1 exploration activities at its El Perdido project in Argentina, specifically starting the construction of a drill access road for its first-ever diamond drilling program at the porphyry copper-gold-molybdenum system.
  • The company has entered into an investor relations agreement with Capital Analytica for $150,000 to provide communications and capital markets services.
  • The El Perdido project, covering 6,878 hectares, has not been drilled previously; the maiden program will target the center of the system where high-density quartz stockwork veining and potassic alteration are present.

Key Details

  • Drill Access Road: Construction has commenced on an engineered and permitted road to safely access the El Perdido porphyry copper-gold-molybdenum system.
  • Exploration Camp: Installation of an exploration camp will follow the road construction.
  • Drilling Program: The maiden diamond drilling program will test the center of the El Perdido system, targeting the area with the highest density of quartz stockwork veining associated with potassic alteration and intermineral hydrothermal breccias.
  • Project Geology: The 6,878-hectare El Perdido project features a two-by-two-kilometre hydrothermal alteration footprint with classic porphyry alteration assemblages, anomalous Cu-Au-Mo rock geochemistry, quartz diorite porphyritic intrusions, and extensive hydrothermal breccias.
  • Concurrent Activities: Field crews are commencing target development activities at other porphyry prospects across the property while road construction proceeds.
  • Investor Relations Agreement: Kobrea signed an agreement with Triomphe Holdings Ltd. (d/b/a Capital Analytica) on Nov. 4, 2025, for an initial six-month term.
  • IR Services Cost: The aggregate cost for investor relations and communications services is $150,000.
  • Scope of IR Services: Services include capital markets and social media consultation, social sentiment and engagement reporting, dissemination of news releases, and corporate video dissemination.
  • IR Contact: Jeff French is the principal responsible for services; Capital Analytica has no interest in Kobrea securities.
  • Qualified Person: Technical information reviewed by Rory Ritchie, PGeo, VP of Exploration and Director.

Notable Quotes

  • "The commencement of road construction at El Perdido is a significant milestone for Kobrea... This engineered and permitted road has been designed to safely and effectively access El Perdido, where we will be drilling the very first holes at the El Perdido porphyry copper-gold-molybdenum system." — James Hedalen, Chief Executive Officer
Read the original news release →

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