Kobrea forms exploration alliance with BHP Metals Exploration on Argentina copper projects

• Kobrea entered an exploration alliance with BHP Metals Exploration for its Western Malargüe copper projects in Mendoza, Argentina.
• BHP will pay an upfront US$3 million to fund project advancement at the start of the agreement.
• BHP committed to fund at least US$5 million of exploration over a two-year project generation phase operated by Kobrea.
• BHP can select up to four projects for earn-ins, funding at least US$40 million per project to earn 75% over eight years.
• Earned-in projects would move into 75/25 joint ventures, with BHP able to take operatorship once the initial phase ends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kobrea Exploration Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608050700NEWSFILECNPR____20260805_308007_1) on August 05, 2026, and is solely responsible for the information contained therein.