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Culpeo Minerals (ASX: CPO) managing director Max Tuesley joins Small Caps to discuss the company’s acquisition of the high-grade Lana Corina copper project in Chile. Located 40km north of the company’s Quelon project in Chile’s coastal Coquimbo region, the 5.5sq km Lana Corina project contains about 1 million tonnes of historic mine production grading at 1.5-2.5% copper. Most importantly, Lana Corina is considered a drill-ready project with Culpeo anticipating the start of drilling in the “coming days”. Drilling will target near-surface copper mineralisation and aim to extend mineralisation to the south and at depth. Under an option agreement with tenement holder SCM Antares, Culpeo can purchase up to 80% of the project over four earn-in stages. Article: https://smallcaps.com.au/culpeo-minerals-expands-chile-copper-portfolio-lana-corina-acquisition/ For more information on Culpeo Minerals: https://smallcaps.com.au/stocks/CPO/ |