Excava options Jupiter project to ASX listed Culpeo Minerals
- Francisco Acuña
- Apr 14
- 1 min read
Culpeo Minerals Limited (Culpeo or the Company) (ASX:CPO, OTCQB:CPORF) is pleased toannounce it has entered into a binding staged option agreementwith Excava Holdings SpA(Excava)to acquire up to 100% ofthe highly prospective Jupiter Copper Project (Jupiteror the Project), covering approximately 4,000ha in the low-altitude Coastal Cordilleraregion ofChile(refer Figure 1). Previous surface exploration by Culpeo in 2024 identifiedtwo large zonesof anomalous mineralisation with grab samples returning gradesof up to 4.33% copper and 3.24g/t gold. This acquisition represents a strategic addition to Culpeo’s portfolio, further solidifyingits position as a leading copper explorer in Chile’s prolific coastal belt.
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