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Culpeo Minerals Limited (ASX:CPO)

ALERT: Price-sensitive ASX Announcement for CPO
Current share price for CPO : $0.010 -0.004 (-28.57%)+
Announcement
Release
30 Oct 2025 11:26AM
Price at Release
$0.014
Full Release
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Summary
Culpeo Minerals Limited reported on its activities for the quarter ending 30 September 2025, highlighting the completion of its maiden diamond drilling program at the La Florida Prospect which confirmed the presence of significant high-grade copper mineralization. The prospect is considered to be part of a structurally controlled porphyry system. Preparations are also underway for a 4,000m drilling program at the Vista Montana Prospect. Financially, the company reported a cash balance of A$1.2 million and announced the appointment of Michaela Stanton-Cook as Joint Company Secretary. A General Meeting of Shareholders was conducted successfully with all resolutions passed.
Key Points
  • Culpeo Minerals completed its maiden diamond drilling program at the La Florida Prospect.
  • Significant high-grade copper mineralization was identified in multiple zones.
  • The La Florida Prospect showed potential for a structurally controlled porphyry system.
  • Culpeo Minerals is preparing for a fully funded 4,000m drilling program at the Vista Montana Prospect.
  • The company maintains a cash balance of A$1.2 million.
  • Michaela Stanton-Cook was appointed as Joint Company Secretary.
  • A General Meeting of Shareholders was held with all resolutions passed.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.