T10 target area at Lana Corina. Source: Culpeo Minerals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Culpeo Minerals (ASX: CPO) has kicked off its maiden diamond drilling campaign at the Vista Montana Prospect in Chile, testing a largely untested extension of the mineralised system at its Lana Corina Project.

The initial programme comprises four diamond holes for 2,000 metres, with the first hole, CMVMD001, planned to reach around 600 metres depth.

Vista Montana sits about 1km north-east of the Lana Corina copper-molybdenum discovery and forms part of the same north-northeast trending structural corridor, which extends for more than 3km.

The company’s previous drilling at Lana Corina has demonstrated the scale of the broader mineralised system, including 454m at 0.96% CuEq from 90m.

Alongside drilling, Culpeo has started a high-resolution TITAN DCIP induced polarisation survey across the Lana Corina and Vista Montana corridor. Six east-west lines covering 9.6 line kilometres are planned at Vista Montana, with a further 1.8km line across Lana Corina.

Two of the Vista Montana lines have already been completed, with the full survey expected to wrap up in mid-September and results to follow shortly after.

The geophysical work is designed to map resistivity and chargeability at depths of more than 500 metres, helping the company identify concealed sulphide mineralisation and refine targets for follow-up drilling.

Culpeo said the Vista Montana programme could be extended depending on geological observations and initial drilling results, giving the company an opportunity to build on the first four hole campaign if the system continues to show scale and continuity.

Join the discussion: See what HotCopper users are saying right now and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

cpo by the numbers
More From The Market Online

AuKing Mining hits multiple high-grade TREO intersections across Nathace Hill in Malawi

AuKing Mining has obtained outstanding TREO intersections from its RC drilling at the Tundulu rare earth…
The Market Online Video

Askari Metals: Setting the Course for What Comes Next

In this video, Askari Metals Executive Director Gino D’Anna outlines the company’s battery metals, copper and gold exploration strategy across Namibia and Ethiopia,
Ivory Coast on a map

Up 180% YTD, Dalaroo Metals keeps the ball rolling with diamond rig to sniff for gold later this month

Dalaroo Metals (ASX:DAL) is emerging as something of a swing trader target up 180% YTD after maiden high-grade gold

Tennant Minerals set to test major extensions with drilling program underway at Bluebird

Tennant Minerals has commenced a multi-stage, diamond drilling program targeting major extensions to the Bluebird deposit…