Mr. James Hedalen reports

KOBREA MOBILIZES FIELD CREWS AND DRILL TO EL PERDIDO - WESTERN MALARGUE MINING DISTRICT - MENDOZA PROVINCE, ARGENTINA

Crews are on site and the drill has been mobilized in preparation for the phase 1 diamond drill program at the El Perdido porphyry system within Kobrea Exploration Corp.'s Western Malargue copper projects. Kobrea holds the right to earn a 100-per-cent interest in sevem projects totalling 733 square kilometres in southwestern Mendoza province, Argentina (see the company's Aug. 19, 2024, news release for details).

"Our crew has worked hard in advance of the first-ever drill program at El Perdido," commented James Hedalen, chief executive officer. "We would like to extend our gratitude to everyone who has enabled us to get to this point, including our local contractors and crew. We are expecting to begin drilling next week and will provide information on the initial drill program once the drills are at site."

El Perdido prospect

The 6,878-hectare El Perdido project is host to a porphyry copper-gold-molybdenum system that has been defined at surface but has not seen any drilling to date. The porphyry target is characterized as a two-kilometre-by-two-kilometre hydrothermal alteration footprint exhibiting classic porphyry alteration assemblages, anomalous copper-gold-molybdenum rock geochemistry, mapped quartz diorite porphyritic intrusions, extensive hydrothermal breccias and potassic alteration in an area that is otherwise dominated by phyllic alteration. The first-ever diamond drill program will test the centre of the system at El Perdido, where the highest density of quartz stockwork veining associated with a potassic alteration assemblage occurs and which has been intruded by a series of intermineral hydrothermal breccias.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Rory Ritchie, PGeo, vice-president, exploration, and a director of Kobrea and a qualified person under National Instrument 43-101.

About Kobrea Exploration Corp.

Kobrea is a mineral exploration and development company focused on the acquisition and exploration of base metal projects. Kobrea holds the right to earn a 100-per-cent interest in seven projects totalling over 733 square kilometres in southwestern Mendoza province, Argentina (see the company's Aug. 19, 2024, news release for details). The properties are considered highly prospective for porphyry copper and porphyry copper-gold deposits. Numerous porphyry copper targets have been outlined to date, exhibiting multikilometre hydrothermal alteration footprints, anomalous copper-plus-or-minus-gold-plus-or-minus-molybdenum geochemistry, quartz stockwork veining, localized hydrothermal breccias, and Miocene-aged dacitic-to-dioritic porphyry intrusions. Kobrea also holds a 100-per-cent interest in the Upland copper project in British Columbia, Canada.

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