Pecoy Copper Intersects 1,014 m of 0.37% Cu and 0.13 g/t Au from 17 m, Extending 407 m Below Resource Pit Shell
Globenewswire·2026-02-19 11:45

Core Insights - Pecoy Copper Corp. has reported initial assay results from its Phase 1 drill program at the Pecoy Project in southern Peru, highlighting significant copper-gold-molybdenum-silver mineralization [1][4][18] - The first drill hole, PEC-25-065, intersected approximately 1,186 meters of continuous mineralization, confirming the scale and vertical continuity of the South Breccia system [1][3][4] Summary by Sections Drill Results - Hole PEC-25-065 provided a continuous deep section through the South Breccia system, demonstrating hydrothermal brecciation and stockwork-style veining from surface to approximately 1,186 meters depth [3][9] - The hole ended in a transitional brecciation zone, indicating the presence of a porphyry architecture [3][10] - Significant intersections include: - 1,169.25 meters at 0.33% Cu, 0.11 g/t Au, 1.20 g/t Ag, and 0.013% Mo from 17.00 meters depth [4] - Higher-grade sections include 700 meters at 0.43% Cu, 0.14 g/t Au, 1.49 g/t Ag, and 0.019% Mo from 246 meters [7][10] Resource and Exploration Potential - The current inferred resource at the Pecoy Project is 865 million tonnes at 0.34% Cu, with additional credits from gold, molybdenum, and silver [4][18] - The mineralization encountered in the first hole is approximately 407 meters below the current resource pit shell, with grades exceeding the average of the existing resource [4][11] - The South Breccia is noted for its coherent geometry and strong continuity, remaining open laterally and at depth [11][18] Phase 1 Drilling Progress - Approximately 3,000 meters have been drilled in the Phase 1 program, with two holes completed and two additional holes in progress [12] - The drilling program aims to test and expand the higher-grade ore body and evaluate depth potential [11][12] Project Overview - The Pecoy Project is a large, undeveloped porphyry system located in a prolific copper belt in southern Peru, with favorable topography and year-round access [18][30] - The project benefits from excellent infrastructure, including proximity to highways and deep-water ports, facilitating efficient advancement from exploration to development [30]

Pecoy Copper Intersects 1,014 m of 0.37% Cu and 0.13 g/t Au from 17 m, Extending 407 m Below Resource Pit Shell - Reportify