- Culpeo Minerals is an Australian exploration and development company focusing on its copper assets in underexplored copper districts in Chile.
- Chile contributes 28 percent of the world’s copper production and has mining-friendly regulations.
- The company’s flagship Lana Corina asset contains high-grade copper and molybdenum deposits. The presence of molybdenum further enhances the asset’s value and potential.
- Assays from Lana Corina’s completed drill campaigns indicate grades up to 1 percent copper equivalent. More than 7,000 meters have already been drilled.
- Molybdenum is a strategic mineral necessary for manufacturing high-strength steel and is generally 10 times the price of copper.
- Culpeo’s additional assets are highly prospective for copper-gold and iron oxide.
- The company holds 80-percent interest in the Fortuna project, located 10 kilometers north of Lana Corina.
- Much of the company’s portfolio is within the Coastal Cordillera Belt, which hosts medium-sized, high-grade copper deposits.
- A management team with decades of experience throughout the natural resources industry leads the company towards fully capitalizing on its prospective assets.
Culpeo Minerals (ASX:CPO, OTCQB:CPORF) is a copper-focused Australian exploration and development company with a portfolio of Chilean assets. The company’s projects are focused on Chile’s Coastal Cordillera Belt, where the Lana Corina, Culpeo’s flagship asset, presents significant opportunities for further exploration with high-grade copper and molybdenum mineralization. The company's two additional projects - Quelon and Las Petacas - are in early-stage exploration, which have defined several exciting targets. Lastly, the newly acquired Fortuna Project, which now spans 4,025 hectares, is located 10 kilometers north of Lara Corina.
Chile leads the world in copper production by a wide margin, contributing 28 percent of global copper production. Comparatively Peru, in second place, contributes less than half as much at 11 percent. Earning the top spot is partially a result of Chile’s natural deposits, but the country’s significant output is a testament to its mining-friendly regulations.