Mr. James Hedalen reports

KOBREA COMMENCES DRILLING AT EL PERDIDO - WESTERN MALARGUE MINING DISTRICT - MENDOZA PROVINCE, ARGENTINA

The phase 1 diamond drilling program is under way at 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 seven projects totalling 733 square kilometres in southwestern Mendoza province, Argentina (see the company's Aug. 19, 2024, news release for details).

"Drilling has begun at the first ever drill program at El Perdido," commented James Hedalen, chief executive officer. "The initial holes are based on geological and alteration mapping, vein density mapping, rock chip sampling, and geophysical data collected by both historical operators and Kobrea. The first three drill holes will test the interpreted core of the system under the leached cap into the early quartz diorite porphyry and hydrothermal breccia outlined at surface. The leached cap at surface is anomalous in copper, gold and molybdenum mineralization. This milestone reflects our commitment to unlock the value in this emerging district and marks the first drill test on these claims in history."

El Perdido phase 1 drilling

The initial three diamond drill holes at El Perdido porphyry copper-gold-molybdenum prospect have target depths of 500 metres each. The diamond drill rigs employed by the drilling contractor have the capability to drill to depths of over 1,000 metres, with both HQ and NQ sized drill core.

The first drill hole, DD26ELP001, will collar into one of two phases of early quartz diorite porphyry with high-density quartz stockwork veining, as evidence by geological studies in the field. The surficial rocks have been subjected to well-developed mineral leaching. Drilling beneath the leached cap is necessary to ascertain the grade of copper mineralization. This hole is expected to proceed through one or two early mineral quartz diorite porphyry phases for several hundred metres before encountering the vertically emplaced hydrothermal breccia that has been outlined at surface. The hydrothermal breccia is interpreted to have intruded into roughly the centre of the hydrothermal system. DD26ELP001 is oriented due east at an inclination of minus 55 degrees to a target depth of 500 metres.

The second and third holes are expected to encounter the same geological units as the first hole with similar degrees of hydrothermal alteration and mineralization. The geological observations and analytical results from the first three holes will aid in planning subsequent drill holes allowing company geologists to vector toward higher-temperature alteration and early porphyry phases that are typically host to higher proportions of quartz stockwork veining with associated copper plus or minus gold plus or minus molybdenum mineralization.

Public relations services agreement

The company is also pleased to announce that it has entered into a public relations service agreement dated Jan. 19, 2026, with Think Ink Marketing Data and Email Services, an arm's-length party with respect to the company. Pursuant to the agreement, Think Ink Marketing has agreed to provide public relations services to the company for an initial term of six months in exchange for an aggregate amount of $120,000 (U.S.). The services will include native/display advertising on platforms such as Google and Taboola, video content distribution on platforms such as YouTube, social media coverage on platforms such as X, TikTok and Meta, and e-mail distribution to subscribers of various newsletters.

Claire Stevens is the principal of Think Ink Marketing and will be responsible for all services provided by Think Ink Marketing to the company.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Rory Ritchie, PGeo, vice-president, exploration, and director of Kobrea, 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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