Cobrasco Project – Colombia

Outstanding drill intercepts from first three holes: porphyry Cu–Mo mineralization commencing near surface and extending to depth.

CDH001:

• 808 m @ 0.42% Cu, 79 ppm Mo (from 184 m to 992 m).
• Including 138 m @ 0.77% Cu, 164 ppm Mo.
• High-grade: 82 m @ 0.90% Cu, 199 ppm Mo.

CDH002:

• 70 m @ 0.29% Cu, 50 ppm Mo (near surface).
• 754 m @ 0.46% Cu, 76 ppm Mo (from 152 m to 906 m).
• High-grade: 172 m @ 0.74% Cu, 78 ppm Mo.

CDH003 (drilling paused at 300.6 m):

• 60 m @ 0.27% Cu, 57 ppm Mo (from 8 m to 80 m).
• 144.6 m @ 0.69% Cu, 155 ppm Mo (from 156 m to 300.6 m).
• High-grade: 100.6 m @ 0.72% Cu, 210 ppm Mo.

Geological significance:

• Large, underexplored segment of the Andean porphyry belt.
• Bornite-dominant mineralisation indicates potential for a higher-grade core.
• Multi-phase intrusive system with potassic alteration.

Exploration upside:

• Multiple untested porphyry centres remain open for discovery.
• 3 km² Cu–Mo soil anomaly aligns with drill intercepts.
• System remains open laterally and at depth (drilling paused at only 300 m in CDH003).

Drill-ready status:

• Community agreements, camp, and infrastructure are in place.
• Permits secured, program poised to restart—expected to resume in 2026.