Sep 1, 2026 · 7 min · 8 segments
Send us Fan Mail ASX Investment Opportunity - Culpeo Minerals Ltd (ASX:CPO) Two fresh IP anomalies, a four-kilometre copper-bearing structure, and…
Geoff McNamaraGuest
Andrew MusgraveHost
Okay, looking at it more at a corporate level, Colpio has also expanded its Chilean land holding by 45% and ran a capital raise this quarter.

So yeah, we expanded our land position both around Fortuna and at Lana Carina.

We did a rights issue of options and So that raised us, you know, a modest $600,000.

But what it does give us is some options that are very close to being in the money.

So those options are at $1.75. There's two sets of options, the ones we did with the rights issue and some options from an earlier cap raise.

So we anticipate with the upcoming news flow, you know, more IP target announcements, drill results and obviously the first couple of holes into that, into Vista Montana, that we'll start to see some of that option money come in and that'll enable us to continue drilling for the rest of the year.

Okay, looking at it more at a corporate level, Colpio has also expanded its Chilean land holding by 45% and ran a capital raise this quarter.

So yeah, we expanded our land position both around Fortuna and at Lana Carina.

We did a rights issue of options and So that raised us, you know, a modest $600,000.

But what it does give us is some options that are very close to being in the money.

So those options are at $1.75. There's two sets of options, the ones we did with the rights issue and some options from an earlier cap raise.

So we anticipate with the upcoming news flow, you know, more IP target announcements, drill results and obviously the first couple of holes into that, into Vista Montana, that we'll start to see some of that option money come in and that'll enable us to continue drilling for the rest of the year.
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