Business: Mendoza

Key Facts

—Alliance. Kobrea Exploration Corp. announced on 5 August 2026 an exploration alliance with BHP Metals Exploration Pty Ltd. It covers Kobrea’s Western Malargüe Copper Projects in Mendoza Province, Argentina.

—Ground. The alliance applies to a land position of 73,334 hectares in western Mendoza. The scale is why the deal is framed as a multi-project alliance rather than a single-asset transaction.

—Payment. BHP Metals Exploration makes a one-time advance cash payment of US$3 million to Kobrea when the alliance commences.