Culpeo Minerals Limited (“Culpeo”) is an Australian public company (ASX:CPO, OTCQB:CPORF) which has recently made a new discovery at the Lana Corina Copper Molybdenum project in Chile with significant high-grade diamond drill intercepts including 257 metres @ 1.10% CuEq.

Culpeo recently acquired an 80% interest in the Fortuna Project which hosts numerous historic surface and underground mines over a strike length of >6kms. The project contains multiple outcropping copper prospects with four drill-ready targets.
Culpeo Minerals’ progress and updates can be found on their official website and social media channels such as Twitter and LinkedIn. They regularly share news and announcements regarding their exploration activities, drilling results, and the overall progress of the Lana Corina and Fortuna Copper Projects.

Culpeo Minerals Copper Development for a Clean Energy Future!
What motivated the founders of Culpeo to establish the company and focus on copper exploration and development in Chile?
Chile has a significant mineral endowment, including the world’s largest reserves of copper, Chile is the world’s largest producer of copper. It’s a Tier 1 mining jurisdiction, with 4 out of 10 of the world’s largest copper mines, but remains under explored especially in the Coastal Cordillera region where Culpeo is focused. Copper will play a critical role in the move to a zero emissions economy and is integral to electrification.
Can you provide an overview of the Projects and their significance to Culpeo’s operations?
Lana Corina is a new high-grade copper molybdenum discovery approximately 400kms north of the capital city Santiago. A paved highway runs across the property and there is grid power 3kms away. The recently acquired Fortuna project host numerous historic surface and underground mines over a strike length of >6kms. Historic channel samples returned 150 metres @ 1.31% CuEq, 102 metres @ 1.25% CuEq and 173 metres @ 0.86% CuEq.
What are the key achievements and milestones Culpeo accomplished since it listed in 2021?
Discovered the new high-grade Lana Corina copper molybdenum project and defined mineralisation over 500 metres long and up to 700 metres deep. Diamond drilling intercepts include 257 metres @ 1.10% CuEq, 173 metres @ 1.09% CuEq and 169 metres @ 1.21% CuEq.
Acquired the Fortuna project which has copper at surface for over 6km and up to 500 metres wide. Historic channel samples returned 150 metres @ 1.31% CuEq, 102 metres @ 1.25% CuEq and 173 metres @ 0.86% CuEq.

How does Culpeo approach exploration and drilling activities to identify and define copper resources?
Culpeo’s local workforce undertake extensive mapping, rock chip sampling and trenching. Once the data is collected, they collate and interpret this data, then undertake diamond drilling. The team has a high drilling success rate, with >80% of diamond drillholes intersecting mineralisation.
Can you share any recent drilling updates or significant findings from Lana Corina project?
Some of the better diamond drill result to date include: 257 metres @ 1.10% CuEq, 173 metres @ 1.09% CuEq, 169 metres @ 1.21% CuEq and 81 metres @ 1.16% CuEq. There is also a zone of high-grade molybdenum and rhenium including 4 metres @ 8,845ppm Mo (3.48% CuEq) and 1 metres @ 15,000ppm (6.09% CuEq).
What are the growth strategies and future plans for Culpeo in terms of expanding its copper assets and advancing its projects?
The Lana Carina discovery remains open in all directions, mineralisation extends >3 kilometres to the north-east where the company has identified the Vista Montana prospect which is analogues to the Lana Corina discovery.
Drilling is about to commence at the newly acquired Fortuna project targeting the >6 kilometre zone of outcropping copper mineralisation, followed by drilling at the Vista Montana prospect.
What role does technology and innovation play in Culpeo’s exploration and resource development processes?
Culpeo uses drones for reconnaissance, exploration, social and environmental management and is exploring the use of technology for more efficient drilling and sampling methodologies.
How does Culpeo engage with local communities and stakeholders in Chile to ensure positive relationships and mutually beneficial outcomes?

>90% of employees are Chilean, most or our service producers are local businesses and all staff stay in the local town of Combarbala a 15 minute drive from site.
Can you provide insights into the market conditions and trends in the copper exploration sector and how Culpeo positions itself within the industry?
Current market conditions for copper equities are challenging. This has meant that very few new green fields discoveries, like Culpeo’s Lana Corina project have been made, but that is the opportunity that Culpeo identified and why the company acquired Lana Corina and Fortuna. The successful maiden drilling program at Lana Corina (257m @ 1.10% CuEq, 173m @ 1.09% CuEq, 169m @ 1.21% CuEq and 81m @ 1.16% CuEq) has validated the company’s approach.
What are the key factors that differentiate Culpeo from other copper exploration companies operating in Chile or globally?
The successful maiden drilling program at Lana Corina (257m @ 1.10% CuEq, 173m @ 1.09% CuEq, 169m @ 1.21% CuEq and 81m @ 1.16% CuEq). One of Culpeo’s founders is Chilean and the founders have previously made discoveries, sold mining projects and made significant returns for investors in Chile.
How does Culpeo plan to attract and retain investors and what potential value does the company offer to its shareholders?
Culpeo has made a new high-grade copper discovery at Lana Corina in the coastal cordillera region of Chile. Very few junior copper companies make discoveries with their maiden drilling programs and the large diamond drilling intercepts and high grades show strong potential for a large copper deposit.
Culpeopl Minerals Contact Details
Culpeo Minerals Ltd
Level 48, 152-158 St Georges Terrace
PERTH WA 6000
Phone
+61 (08) 6311 9160
Email: info@culpeominerals.com.au
LinkedIn: https://www.linkedin.com/company/culpeo-minerals/
Twitter: https://twitter.com/CulpeoMinerals