202614 releases
Coppernico Announces Upcoming Investor Conference Schedule Ahead of Phase 2 Drilling at Sombrero
Chair and CEO Ivan Bebek will present at five investor events: Kinvestor Day 2026 on October 22, the Curzio One Wealth Forum in Fort Lauderdale on October 26, Red Cloud's Fall Mining Showcase in Toronto October 28–29, the Precious Metals Summit in Zurich November 9–11, and 121 Mining Investment London November 23–24. Following approval of its expanded EIA-Sd and a drilling contract with AK Drilling International S.A., Coppernico is seeking the start-of-activities authorization needed to begin Phase 2 drilling at the Sombrero copper-gold project in Peru, with drill pad construction underway.
CorporateCoppernico Signs Drill Contract for Phase 2 Drill Program at Sombrero
Peruvian subsidiary Sombrero Minerales S.A.C. has signed an agreement with AK Drilling International S.A. for the Phase 2 drill program at the Sombrero copper-gold project in Ayacucho, Peru, committing to a minimum of 5,000 metres of diamond drilling, subject to receipt of start-of-activities authorization from Peru's Ministry of Energy and Mines, anticipated in the coming months. Drilling is expected to begin at Fierrazo, followed by targets in the Ccascabamba and Tipicancha areas and Huachana. The initial stages are funded by C$6.5 million raised in two recent financings.
Drill resultsCoppernico Receives Approval for Major Drill Permit Expansion at Sombrero
Peru's authorities approved the Environmental Impact Assessment – Semi-detailed, filed in November 2025, for an expanded drilling permit at Coppernico's Sombrero Project in Peru, enlarging the permitted drill area from 904 hectares to approximately 3,122 hectares, authorized platforms from 38 to 181, and drill holes from 49 to 300. Drilling still requires a start-of-activities authorization from Peru's Ministry of Energy and Mines. The first target planned is Fierrazo, a copper-gold skarn target within Ccascabamba with historical intervals including 116 m of 0.42% Cu and 0.24 g/t Au.
CorporateCoppernico Metals Secures Approximately C$1 Million Strategic Financing
A non-brokered private placement closed for gross proceeds of C$995,349.60 through the issuance of 2,843,856 units at C$0.35 per unit, each unit comprising one share and one warrant exercisable at C$0.50 until August 6, 2028. Teck Resources bought 1,843,856 units for C$645,349.60, taking its holding to 19,390,436 shares, or 9.9% on a non-diluted basis, and retaining participation and matching rights for two years. Proceeds will fund drill permitting and community agreements at the Sombrero Project in Peru, with drilling planned for the second half of this year.
FinancingCoppernico Metals Closes $5.5 Million LIFE Offering
An upsized LIFE private placement closed for gross proceeds of C$5,500,000 through the issuance of 15,714,286 units at C$0.35 per unit, each unit comprising one common share and one warrant exercisable at C$0.50 until June 26, 2028. Coppernico paid cash finders' fees of C$282,012 and issued 805,747 compensation warrants on the same terms. The TSX has conditionally approved listing of the unit shares and warrant shares, with final approval expected upon filing of closing documents.
FinancingCoppernico Metals Announces the Voting Results of its 2026 Annual General Meeting
All director nominees listed in the Company's Information Circular dated May 5, 2026 were elected at the virtual Annual General Meeting held June 23, 2026, and the auditor was reappointed. A total of 62,917,248 common shares were present or represented by proxy, representing 35.49% of outstanding common shares, with 12,497,489 non-votes recorded for each director. Detailed voting results have been filed on SEDAR+.
CorporateCoppernico Metals Announces Upsized LIFE Offering
The size of its previously announced LIFE private placement, first disclosed June 11, 2026, has been increased to up to 15,714,286 units at C$0.35 per unit for gross proceeds of up to C$5,500,000, subject to a minimum C$5,000,000 first closing expected on or before June 26, 2026 and TSX approval. Each unit comprises one common share and one warrant exercisable at C$0.50 for 24 months from closing. Coppernico's flagship asset is the Sombrero Project in Peru.
FinancingCoppernico Metals Announces C$5 Million LIFE Offering
A C$5,000,000 private placement has been launched under the listed issuer financing exemption, comprising 14,285,714 units at C$0.35 per unit, each unit consisting of one common share and one warrant exercisable at C$0.50 for 24 months from closing. Net proceeds are intended to advance drill permitting and additional community agreements supporting future exploration at the Sombrero Project in Peru, and for general corporate and working capital purposes. Closing is targeted on or about June 26, 2026, subject to TSX approval.
FinancingCoppernico Options Key Concessions at Sombrero
An option has been acquired on the 600-hectare Horizonte Concessions adjacent to the Tipicancha target at the Sombrero Project in Peru, with purchase requiring US$3.0 million in staged work expenditures over five years and US$2.0 million in total payments, leaving the optionor a 1% NSR that can be reduced to 0.5% for US$1.0 million. Coppernico staked a further 1,400 ha of surrounding concessions in 2025 and is seeking drilling permits at Tipicancha.
AcquisitionCoppernico Completes Gravity and Magnetic Surveys and Refines Large Skarn-Porphyry Targets
Gravity, magnetic and high-resolution photogrammetry surveys between Antapampa and Tipicancha at the Sombrero Project in Peru have been completed, refining several skarn-porphyry targets: Fierrazo, a magnetite-rich skarn body extending approximately 700 m under cover with only about 200 m historically drilled; Nioc, a skarn-porphyry system over 1.5 km long untested by drilling; and Tipicancha, a lithocap with an alteration footprint of at least 1.5 km. Initial drilling of about 2,500 m at Fierrazo and 2,000 m at Tipicancha is planned for 2026 through 2027, subject to additional financing.
Drill resultsCoppernico Metals to Participate in Vancouver Resource Investment Conference 2026
Participation in the Vancouver Resource Investment Conference, held January 25-26, 2026 at the Vancouver Convention Centre, where team members will be at Booth #124. Chair and CEO Ivan Bebek will give a 10-minute corporate presentation on January 26 at 1:30 p.m. in Workshop 3 covering the Sombrero copper-gold Project in Peru, and will join the Copper Forecast Panel at 3:50 p.m. in the Speaker Hall with Rick Rule and Lobo Tiggre.
CorporateCoppernico Defines 155 m of Continuous Copper Mineralization Averaging 0.54% at Sombrero’s Nioc Target
Channel sampling and mapping at Zone 1 of the Nioc target, Sombrero Project, Peru, defined a continuous surface footprint of roughly 170 m east-west by 200 m north-south. Combined Channels 029, 065 and 066 returned 155 m averaging 0.54% Cu, Channel 071 returned 164 m of 0.41% Cu including 30 m of 0.87% Cu, and Channel 068 returned 54 m of 0.92% Cu including 12 m of 2.82% Cu and 2.12 g/t Ag. Mineralization remains open north and south, coincident with a chargeability anomaly; results will guide drill targeting ahead of planned 2026 drilling.
Drill results
20255 releases
Coppernico Provides 2025 Recap and Outlook for 2026
A year-end update on the Sombrero Project in Peru reported completion of the final 8 holes of a 20-hole inaugural diamond drill program at Ccascabamba, confirming a large mineralized skarn system, plus channel sampling at Nioc of 52 m of 1.06% Cu and 93.5 m of 0.87% Cu, including 6 m of 2.98% Cu, and a multi-kilometre porphyry target at Tipicancha with 22 m of 0.65% Cu and 0.77 g/t Ag. An expanded EIA-Sd drill permit application for 181 platforms was filed, up from 38, with 2026 plans covering refined drill targeting across the 56,000-hectare position.
CorporateCoppernico Files Expanded Drill Permit at its Copper-Gold Sombrero Project in Peru
An Environmental Impact Assessment – Semi-detailed drill permit application has been submitted for the Sombrero copper-gold project in Peru through subsidiary Sombrero Minerales SAC. The application would expand the permitted drill area by about 2,120 hectares to 3,024 hectares and increase drill platforms from 38 to 181, covering the Fierrazo, Corrales, Tipicancha, Chumpi and Escondida South targets. The company states it is financed into the middle of 2026.
Drill resultsCoppernico Commences Field Exploration at Nioc and Antapampa Targets at Sombrero
A field exploration program has begun at the Nioc and Antapampa targets within the Sombrero Project in Peru, through subsidiary Sombrero Minerales SAC, comprising soil geochemistry on a 200 m x 200 m grid, channel sampling, geological mapping and rock sampling to define drill-ready targets. Nioc hosts roughly 2 km by 3 km of mapped skarn alteration over an IP chargeability anomaly of about 1.8 km by 1.4 km modelled to at least 400 m depth. Prior channel results included 93.5 m of 0.87% Cu, 0.19 g/t Au, 0.60 g/t Ag.
Drill resultsCoppernico Metals Expands Concessions at Sombrero
An application covering 2,400 hectares has been staked over the newly identified Rumi lithocap-epithermal-porphyry target at the Sombrero Project in Peru, following mapping and reconnaissance rock sampling that outlined roughly 2.3 km by 2.5 km of advanced argillic alteration, about 4 square km of kaolinite, alunite and silica. Sixteen samples returned elevated arsenic, bismuth and antimony, with molybdenum up to 10 ppm, copper up to 101 ppm and sulfur above 3%. Coppernico paid first-year validity fees of US$3 per hectare, with granting expected within coming months. Rumi is the 17th target in the 56,400-hectare land position.
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