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Coppernico Confirms Large-Scale Copper Skarn System and Expands Pipeline of Priority Targets at Sombrero
GlobeNewswire·2025-05-14 11:15

Core Insights - Coppernico Metals Inc. has reported positive assay results from its Phase 1 drill program at the Sombrero Project in Peru, confirming broad intervals of copper-gold mineralization and supporting the geological model [1][6][9] - The company is currently seeking expanded permits to access priority targets as drilling is temporarily paused [1][15] Phase 1 Drill Program Highlights - The Phase 1 drill program included 8,232.9 meters of diamond drilling across 20 holes, targeting geophysical and geochemical anomalies [1][3] - Results indicate continuity of copper-gold mineralization across multiple zones, particularly at the Ccascabamba target area [3][9] - Notable intercepts include 9.85 meters at 0.26% copper and 0.46 g/t gold, and 21.85 meters at 0.22% copper [5][10] Geological Insights - The drilling has revealed a complex network of causative intrusions, particularly around the Hojota area, indicating a robust skarn alteration system exceeding 300 meters in width [5][9] - Mineralization is influenced by proximity to intrusions, favorable host lithologies, and structural complexities [5][7] - Geological indicators suggest the potential for significant extensions of the mineralized system beyond the current permit boundaries [6][9] Regional Exploration and Target Pipeline - The company is expanding its pipeline of exploration targets through ongoing mapping and sampling programs beyond the Ccascabamba area [4][11] - New targets identified include the Nioc target area and the Antapampa target, which may represent extensions of existing systems or new discoveries [13][14] - The company is actively advancing permitting efforts to access high-priority targets located beyond current drill permit boundaries [15] Future Plans - The company aims to secure key permits to facilitate drilling in high-grade skarn and porphyry targets in the next phase [6][15] - Additional updates on exploration results and permit advancements are expected in the coming months [4][11]