Culpeo Minerals: Extends mineralisation at Quelon, Chile

Culpeo Minerals Extends mineralisation at Quelon, Chile

  • Culpeo Minerals (CPO) extends surface copper and gold mineralisation at its Quelon project in Chile
  • Sampling work extended the mineralised zone by 500 metres south of the Anico prospect, and it now covers an 800-metre-by-1000-metre area
  • This work returned assays grading 1.88 per cent copper, 4.1 g/t gold and 97.5 g/t silver
  • The company says the extended mineralisation is coincident with a geophysical anomaly, and a three-hole drilling program is planned to test it further
  • CPO shares are trading 7.14 per cent higher at 15 cents at 2:50 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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