Coppernico Completes Gravity and Magnetic Surveys and Refines Large Skarn-Porphyry Targets
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Coppernico Completes Gravity and Magnetic Surveys and
Refines Large Skarn-Porphyry Targets
Vancouver, Canada – February 25, 2026 – Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3)
(“Coppernico” or the “Company ”), is pleased to report initial results from the recently completed gravity,
magnetic, and high -resolution photogrammetry surveys covering the area between Antapampa and
Tipicancha at its Sombrero Project in Peru (Figure 1). These high-resolution datasets significantly increase
confidence in subsurface geological interpretation and refine the three-dimensional (“3D”) architecture and
structural controls of several large-scale skarn and porphyry targets. The Company is now integrating these
results into a multi-target drill program planned for 2026 through 2027.
Highlights:
• Datasets from the n ew gravity and magnetic surveys significantly improve definition of multiple
large-scale skarn and porphyry systems beneath cover , and more specifically , better define key
targets, including:
o Fierrazo: Magnetite-rich skarn body extending approximately 700 metres (“m”) under cover,
with only approximately 200 m strike length historically drilled;
o Nioc: Skarn-porphyry system measuring more than 1.5 kilometres (“km”) long with
coincident magnetic, gravity and chargeability anomalies; completely untested by drilling;
o Tipicancha: Lithocap environment supported by well-defined magnetic low data and strong
structural controls, with a large alteration footprint of at least 1.5 km signaling porphyry
potential.
• Datasets materially enhance targeting confidence by filtering and focusing drill testing within the
existing systems, positioning Coppernico to focus its next phase of drilling, planned for 2026 through
2027, subject to additional financing, on the most prospective portions of multiple major skarn -
porphyry areas.
• Entering 2026 with technical momentum, advancing permits, and strong community alignment to
support a multi-target discovery-focused drill campaign.
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Figure 1: Extents of magnetic, photogrammetry, gravity and IP surveys at the Sombrero Project.
Ivan Bebek, Chair and CEO of Coppernico Metals, commented, “The new gravity and magnetic datasets
represent a major advancement in our understanding of the geology between Antapampa and Tipicancha,
and have highlighted several large-scale targets that remain untested. With this technical foundation in
place, Coppernico is now strongly positioned to launch a comprehensive, multi -target drill program that
could deliver several opportunities for a transformational discovery.
In parallel, we have made meaningful progress with our key community partnerships in the region and are
advancing permitting and technical targeting across the broader Sombrero land position. Our long-term
vision is to extend the highly endowed Andahuaylas–Yauri belt which hosts multiple significant operating
mines approximately 200 kilometres to the east, by potentially unlocking multiple new high-grade copper-
gold discoveries as the outlook for copper prices continues to strengthen.”
2026 Exploration Program Targeting Discovery at Sombrero
The refinement gained from these new geophysical datasets provides the Company with increased
technical confidence and a clearer framework for drill targeting, enabling a more focused and capital -
efficient approach to testing this large and complex system.
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With a strengthened exploration pipeline, expanding community partnerships, and active drill permitting
over multiple target areas within the Sombrero district, the Company is positioned to execute its first full-
scale, high-impact, discovery-focused drill program, with multiple large and high priority targets advancing
simultaneously.
New Geophysical Data Improves Target Definition
The recently completed surveys provide greatly improved data resolution across several key target areas.
This new work includes:
• Magnetics: Enhanced detection of magnetite -rich skarn fronts, feeder dykes, structures and
demagnetized porphyry centers.
• Gravity: Clear density contrasts distinguishing limestone, intrusive centers, and dense skarn
alteration.
• Photogrammetry: High-resolution topography supporting refined structural and lithologic
interpretation.
Integration of these datasets is being used to update 3D geological modeling and to improve confidence
in drill targeting beneath post-mineral cover by mapping key structural corridors and the 3D architecture
of the mineralized systems (Figure 2). This integrated approach is particularly important in a district of
Sombrero’s scale, where multiple intrusive and skarn centers may coexist and mineralization may be
vertically and laterally zoned.
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Figure 2: 3D inversions of gravity, magnetic, and chargeability (IP) datasets filtered to highlight
anomalous values (gravity >2.71 g/cm³, magnetics >0.1 SI, and chargeability >20 mv/V). Areas where these
anomalies overlap represent priority zones of exploration interest. The inversions also refine the 3D
geological architecture of the system, improving subsurface interpretation and guiding drill targeting.
Dataset Interpretation of High-Priority Targets
Recent interpretation has highlighted several priority targets between Antapampa and Tipicancha having
scale and geological characteristics that are consistent with significant porphyry-skarn systems:
Chumpi and Corrales (within Ccascabamba) | Covered, mixed sulphide-magnetite skarn target
This area is nearly 100% covered by shallow volcanic rock. The new geophysical data defines an elongated
northeast-trending magnetic anomaly overlapping and on the margin of a very large gravity anomaly with
similar orientation. Intermixed within this area are zones of elevated chargeability. This is an extensive target
zone which likely represents a strongly skarn altered and potentially mineralized (magnetite +/- sulphides)
contact zone consistent with mixed sulphide-magnetite skarn (Figure 3).
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Figure 3: Nioc and Ccascabamba geophysical results: Side by side magnetics, gravity and chargeability
maps showing DIA and SD drill permits, previous drill holes, and select trenching results.
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Fierrazo (within Ccascabamba) | Brownfield magnetite-rich skarn target with historical drill holes
Fierrazo represents a brownfield skarn target and will be an early focus of the upcoming 2026/2027 drill
program. The new data support s an approximately 700 m long magnetite -rich skarn body extending to
depth, with only 200 m of strike length historically drilled (Figure 4). The system extends along a clear
intrusive–limestone contact and is open along strike and at depth. An initial drill program of approximately
2,500 m is planned, with the potential to expand to over 5,000 m based on results.
Figure 4: Geologic map and cross-section of Fierrazo including planned drill holes, and outline of gravity
feature and chargeability feature at approximately 3,800 m elevation.
Nioc | Second major skarn/porphyry system
Surface mapping and robust channel sampling combined with elevated chargeability had already
identified Nioc as another priority drill target. The new magnetic and gravity data further refine this target,
with extensive (more than 1.5 km) zones of elevated gravity and magnetic features overlapping the elevated
chargeability (Figures 2 and 3). These geophysical characteristics are suggestive of a dense, magnetite-rich
skarn system with associated disseminated sulphide mineralization. Nioc is a priority target with potential
for a large -scale mineralized skarn system that is completely untested by drilling. The company is in the
advanced process of pursuing a community access agreement which will be followed by permit
applications for drilling once achieved.
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Tipicancha | Lithocap/porphyry target
The magnetic survey outlines a well -defined low-magnetic corridor that correlates with mapped altered
andesitic volcanics. This “quiet” magnetic signature is characteristic of lithocap environments, where
intense hydrothermal alteration destroys magnetic minerals. Structural analysis has identified ENE–WSW
corridors and NNE–SSW intersections that appear to have focused mineralizing fluids (Figure 5). An initial
2,000 m drill program has been designed to establish subsurface geometry and vectoring within this large
hydrothermal system.
Figure 5: Tipicancha lithocap alteration, magnetic low and recently mapped structures.
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Table 1: Characteristics of Key Sombrero Targets1
Target Deposit Style
(Interpretation) Key Features Geophysical
Signature
Planned Drilling
(2026/2027)
Fierrazo Magnetite rich
skarn
~700 m long gravity
feature on margin of
larger dense body; ~200
m historically drilled;
open in all directions
Strong gravity and
magnetic high—
classic magnetite
skarn response
Part of
Huancasancos EIA-
Sd permit
(~2,500 m initial
program; potential
expansion to
5,000+ m)
Chumpi -
Corrales
Mixed magnetite
sulphide- skarn +
porphyry
3.5 km broad skarn
system with multiple
structural corridors;
largely undrilled
Moderate–high
magnetics and gravity,
locally elevated
chargeability (IP)
Within existing DIA
permit and
expanded EIA-Sd
permit (meterage
TBD)
Nioc
Mixed magnetite
sulphide-skarn
system +
porphyry
> 1.5 km skarn system
with magnetite rich
copper mineralization
on surface, multiphase
intrusive center
Overlapping, strong
magnetic, gravity and
chargeability
anomalies
Drilling as part of
second community
agreement and
separate permit
(meterage TBD)
Tipicancha
Lithocap /
porphyry
environment
> 1.5 km lithocap
altering andesitic
volcanics; strong
structural control
Pronounced magnetic
low matching
mapping alteration
Part of
Huancasancos EIA-
Sd permit
(~2,000 m initial
program)
Antapampa
Mixed magnetite
sulphide-skarn +
porphyry
~1 km skarn/intrusive
complex. Magnetite and
sulphide skarn on
surface
Southern and eastern
portion of target show
elevated gravity and
magnetic
Drilling as part of
second community
agreement and
separate permit
(meterage TBD)
1. High-level geologic and geophysical characteristics of priority targets for 2026/2027 drill program.
Tim Kingsley, VP Exploration of Coppernico Metals, commented, “We are very pleased with the outcome
of the surveys. Initial results are being used to provide clearer definition of these significant, multi-kilometre-
scale skarn and porphyry targets which remain mostly untested by drilling.
The initial 20 holes from our inaugural Phase 1 drill program provided critical subsurface perspective,
enabling us to calibrate and prioritize the appropriate technical studies to target within the largely covered
skarn and porphyry systems. With the addition of these new gravity , magnetic and photogrammetry
datasets, we now have a much stronger technical framework to prioritize drill locations and focus on the
most prospective portions of each system within Sombrero.
The Sombrero Project is large and geologically complex, with extensive yet shallow volcanic and post -
mineral cover obscuring much of the underlying mineral systems. Individual mineralizing centers such as
the Nioc, Ccascabamba, and Tipicancha targets repre sent broad systems that will require systematic
vectoring to mineralization, which may occur in multiple locations and at multiple depths within each
target.”