Copper and Gold Assets

Search documents
Coppernico Advances New Copper-Gold Alteration Systems at Sombrero
Globenewswireยท 2025-08-18 11:15
Core Viewpoint - Coppernico Metals Inc. is advancing its Sombrero Project in Peru, focusing on surface exploration results and optimizing land holdings while preparing for Phase 2 drilling [1][3][4]. Exploration and Development - Extensive groundwork has been conducted across the Sombrero land package, leading to the identification of large-scale targets and streamlining of property portfolio to focus on geologically prospective areas [3][4]. - Initial prospect level mapping has been completed at Macha Machay and Milpoc targets, revealing distinct copper-gold hydrothermal alteration zones indicative of epithermal-style systems [6][7][8]. Macha Machay and Milpoc Targets - At Macha Machay, two distinct hydrothermal alteration systems have been identified, with the East prospect showing a broad alteration footprint and geochemical anomalies [7][10]. - The Milpoc target has shown sporadic copper oxide mineralization with historical rock sampling returning copper values up to 8.45% and silver values up to 101 g/t [12][13]. Land Optimization - The company has relinquished 58 claim blocks totaling 50,099 hectares to focus on high-impact targets, reducing the Sombrero Project land position to approximately 53,800 hectares [16]. - This strategic rationalization aims to enhance exploration efficiency and reduce holding costs associated with non-core claims [16]. Future Plans - Coppernico is actively pursuing additional property acquisitions in the U.S. to diversify its project pipeline and enhance exposure to copper and gold assets [4][18]. - The company aims to maintain operational activity and exploration momentum in a mining-friendly jurisdiction while focusing on the Sombrero Project as its core asset [18].