The Western Malargue Mining District is located in Mendoza Province.
By Panorama Minero
Kobrea Exploration Corp. announced that the Directorate of Mining and the Directorate of Environmental Protection of the Province of Mendoza, have issued Resolution Nº 246/25 and Resolution Nº 64/25 approving the Company's Environmental Impact Report update for the El Perdido mining project, which includes the Company's Phase 1 exploration plan to construct approximately 14 kilometres of mining access road, install a temporary exploration camp and complete diamond drilling activities at the El Perdido porphyry copper-gold-molybdenum system. Drilling will commence upon completion of the access road and construction of the exploration camp, which will begin as soon as practicable.
"The approval of the Environmental Impact Report for the El Perdido Project and the ability to drill is a significant milestone for the project and for the Company as a whole," commented James Hedalen, CEO. "Kobrea is the first public company to have drilling activities approved in the Western Malargüe Mining District and we greatly appreciate the efforts from all of those involved with the process. We are excited to conduct the first ever drill program on Kobrea's projects, specifically at the El Perdido porphyry target. I would like to especially thank the Director of Mining, the Minister of Energy and Environment, the Governor of Mendoza Province, the Mayor of Malargüe, Impulsa Mendoza, Kobrea's legal counsel, GT Ingeneria S.A. and the project vendors for their diligent and hard work to get to this permit approved."
The Directors of Impulsa Mendoza stated, regarding the approval of the drilling permit granted by the Mendoza mining authority, "that this is a clear sign both of the consolidation of the advancement of mining activity in the Province of Mendoza and of the legal security that public authorities offer to those, like Kobrea, who have chosen to invest and develop mining projects in this province."
Exploration Plans
The Company's Environmental Impact Report provides for the construction of a 14-kilometre drill access road, construction of a temporary exploration camp and diamond drilling activities at the El Perdido porphyry copper system. A water supply permit, granted by the General Superintendence of Irrigation of Mendoza, has also been secured by the Company to facilitate drilling and camp operations.
El Perdido Project
The 6,878-hectare El Perdido Project is host to a porphyry Cu-Au-Mo system that has been defined at surface but has not seen any drilling to date. The porphyry target is characterized as a 2 x 3-kilometre hydrothermal alteration footprint exhibiting classic porphyry alteration assemblages with localized potassic alteration coming to surface.
