Coppernico Confirms Large-Scale Copper Skarn System and Expands Pipeline of Priority Targets at Sombrero
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 1
Coppernico Confirms Large-Scale Copper Skarn System
and Expands Pipeline of Priority Targets at Sombrero
Vancouver, Canada – May 14, 2025 – Coppernico Metals Inc. (TSX: COPR , OTCQB: CPPMF )
(“Coppernico” or the “Company”) , is pleased to report the remaining assay results from its Phase 1
drill program at its Sombrero Project in Peru . The program , conducted through its wholly owned
Peruvian subsidiary, Sombrero Minerales SAC , included 8,232.9 metres (“m”) of diamond drilling
over 20 holes designed to test large -scale geophysical and geochemical anomalies within the
Ccascabamba target area . The results confirm broad intervals of copper -gold mineralization
supporting the technical team’s skarn-porphyry geological model and reinforcing the district-scale
potential of the Sombrero Project . Drilling is now temporarily paused as the Company pursues
expanded permits for access to priority targets.
Phase 1 Drill Program Highlights:
• Large System: Drilling to date has not yet defined the limits of the skarn system, with
mineralization and alteration vectoring high -priority opportunities well beyond the
currently permitted area. Surface mapping, geophysical data and historical drilling suggest
continuity and highlights the potential for the discovery of major extensions in future
phases.
• Notable Intercepts from Drill Holes 6-20:
o 25SOM-013 – 9.85 m @ 0.26% copper (“Cu”) and 0.46 g/t gold (“Au”)
o 25SOM-016 – 9.40 m @ 0.19% Cu
o 25SOM-017 – 18.10 m @ 0.18% Cu and 0.7 g/t Au
o 25SOM-018 – 21.85 m @ 0.22% Cu
o 24SOM-007 – 9.15 m @ 0.21% Cu
• Intrusive Igneous Rock Architecture: Drilling to date has defined a complex network of
causative intrusions, particularly around the Hojota area, where much of the Phase 1 drill
program was focused.
• Zonation and Controls: Mineralization appears to be controlled by an interplay of factors
including proximity to causative intrusions, favorable host lithologies and zones of
impermeability and structural complexity, including intersecting fault sets.
• Robust Skarn Alteration: Alteration zones exceeding 300 meters in width have been
defined, characterized by multiple skarn-forming events and broad breccia zones.
• High-Priority Targets Beyond Current Permits: Several compelling targets lie outside the
currently permitted drill polygon, where the data is pointing to even more prospective zones
for future drilling.
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 2
Geological and geochemical results from the Phase 1 drill program (Table 1) demonstrate continuity
of copper-gold mineralization across broad intervals and multiple zones. Prospective contact zones
between intrusive rocks and limestone, highlighted by magnetic data (Figure 1), indicate strong
exploration potential beyond the current drill permitted area (particularly at Chumpi and at
Fierrazo, where historical drill holes show strong potential) which supports the decision to advance
an expanded permit application that is actively progressing. Within the existing drill permit (notably
at Hojota and Corrales), the intrusion –limestone contact zone has been only partly tested with
widely spaced holes, these areas will remain targets for future drill phases.
Additionally, r egional exploration programs are underway, designed to optimize the Company's
land position and advance a growing pipeline of high-impact exploration targets across the broader
Sombrero Project. Further updates on this work are expected to be announced in the coming
months as additional data becomes available.
Figure 1: Plan map of Phase 1 drilling at the Ccascabamba target area showing drill hole
locations. Magnetics highlight prospective intrusion-limestone contacts, guiding follow-up at
Fierrazo, Chumpi, Hojota and Corrales, pending data interpretation.
Ivan Bebek, Chair and CEO of Coppernico, stated, "As we deepen our understanding of the
Sombrero system, our confidence in the size and potential of the broader district continues to grow.
These early drill results confirm our belief that we are only beginning to unlock the value of this
largely underexplored, yet highly promising, land package. Although our initial permitted polygon
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 3
was quite limiting, we have been able to develop a strong pipeline of drill-ready targets across the
property and eagerly await the surface data collection on new, high -grade skarn and porphyry
targets. Our priority is to secure key permits which are underway, in order to position ourselves to
drill the most robust outcropping areas in the next phase of drilling. We are looking forward to
additional exploration results and permit advancements as we prepare for a busy second half of
2025.”
Drill holes 6 through 20 confirm the presence of an extensive, high-temperature copper-gold skarn
system in the Ccascabamba target area. The results mark a major advancement in the Company’s
understanding of this large target, which is predominantly covered by shallow overburden ,
revealing a robust and laterally continuous system with significant vertical extent. Importantly,
geological and geophysical indicators beyond the current mineralized footprint suggest that the
system may extend beyond the current permit boundary, reinforcing the potential for a district-
scale discovery.
At Hojota, broad intervals of copper anomalism - such as +30-meter zones averaging approximately
0.1% Cu - have been encountered within massive garnet-pyroxene skarn. These zones appear to be
laterally continuous over 1 kilometer with significant vertical continuity. Results are interpreted to
reflect high -temperature mineralization proximal to causative intrusions, with localized grade
enhancements near structural and lithologic traps, such as impermeable hornfels and faults (Figure 2).
Figure 2: Interpreted geologic cross-section through drill holes 7 and 18 looking NE.
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 4
“Initial drilling around the Ccascabamba target area has confirmed a significant skarn system, with
mineralized alteration extending over 300 meters from the intrusion-limestone contact and vertical
continuity of more than 400 meters,” said Tim Kingsley, VP Exploration . “These early indications
confirm the presence of a large -scale system, comparable to some of Peru’s most prominent
porphyry-skarn deposits, such as Antamina and Las Bambas. With an improved geological model
in place, the technical team is no w leveraging insights from Phase 1 drilling to refine targets and
guide future systematic testing across this highly prospective system.”
Table 1: Length and Density Weighted Composited Drill Hole Highlights at Hojota Target
Hole ID From (m) To (m) Interval (m) Cu % Au (g/t) Ag (g/t)
24SOM-007
112.2 119.9 7.7 0.24 0.05 1.42
239.9 249.05 9.15 0.21 0.03 0.27
25SOM-013 33.65 43.5 9.85 0.26 0.46 1.42
25SOM-016 187.45 196.85 9.4 0.19 0.03 1.08
25SOM-017
221.5 239.6 18.1 0.18 0.7 1.93
298.5 305.7 7.2 0.21 0.03 0.49
25SOM-018 17 38.85 21.85 0.22 0.05 0.92
Length and specific gravity (density) weighted assay results. True thickness unknown at time of reporting.
Nearly all other drill holes intersected geochemically anomalous intervals which are useful for understanding the larger
mineralizing system, however they did not meet the Company's minimum reporting guidelines. No more than 6 m internal
dilution (reported values below 0.2% Cu and/or 0.2 g/t Au). Minimum reporting length of 7 m.
Regional Target Pipeline Expands
Coppernico continues to grow its pipeline of copper targets through ongoing mapping and
sampling programs beyond the Ccascabamba target area (Figure 3). These efforts are refining the
Company's understanding of the broader Sombrero Property potential and informing the strategic
advancement of exploration activities. Results of this work are expected to be released in the near
future.
Nioc target area: Early results indicate scale and grade potential on par with the Ccascabamba
target area. Recent fieldwork has identified a previously unrecognized skarn system approximately
1.5 kilometers north of Nioc, referred to as the Antapampa target, which may represent either an
extension of the Nioc system or a new standalone discovery , underscoring the prospectivity of the
area.
Tipicancha target: Grassroots exploration southwest of the Ccascabamba target area has outlined
a newly recognized copper-mineralized hydrothermal system. This epithermal / porphyry target is
being rapidly advanced toward drill-ready status.
Macha Machay and Cello targets: Early stage, 1:10,000 scale mapping has identified multiple, new
sulphide bearing alteration systems within these claim groups and additional work is planned to
reveal the scale and potential of these new epithermal / porphyry targets.
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 5
Figure 3: Identified target pipeline at various stages of exploration across the Sombrero Project,
underscoring a target-rich district beyond Ccascabamba.
Permitting Progress: To support the next phase of drilling, t he Company is actively advancing its
permitting efforts to access high -priority targets located beyond the current drill permit
boundaries. These expanded permits will enable broader systematic testing across both newly
defined and previously identified highly prospective target areas.
Technical Disclosure and Qualified Person
The scientific and technical information contained in this news release was reviewed and approved
by Tim Kingsley, M.Sc., CPG, Coppernico’s VP of Exploration, who is a “Qualified Person” (as defined
in NI 43-101).
Quality Control
Analytical samples were taken by sawing HQ or NQ diameter core into equal halves on site and one
of the halves was sent to the ALS Lab in Lima, Peru for preparation and analysis. Preparation
included crashing core sample to 90% < 2mm and pulverizing 1,000 g of crushed material to better
than 95% < 106 microns. All samples are assayed using 30 g nominal weight fire assay with atomic
absorption finish (Au-AA23) and multi-element using four acid digest ICP-AES/ICP-MS method (ME-
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 6
MS61). Where MS61 results were greater or near 10,000 ppm Cu, or 10,000 ppm Zn the assays were
repeated with ore grade four acid digest method (Cu -OG62). QA/QC programs for 2024 core
samples using internal standard samples, blanks, and duplicates, lab duplicates, lab standards, and
lab blanks indicate good overall accuracy and precision.
ON BEHALF OF THE BOARD OF DIRECTORS
Ivan Bebek
Chair & CEO
For further information, please contact:
Coppernico Metals Inc.
Phone: +1 778 729 0600
Email: [email protected]
Website: www.coppernicometals.com
Twitter: @CoppernicoMetal
LinkedIn: www.linkedin.com/company/coppernico-metals/
About Coppernico
Coppernico is a mineral exploration company focused on creating value for shareholders and
stakeholders through diligent project evaluation and exploration in pursuit of the discovery of
world-class copper -gold deposits in the Americas. The Company’s manag ement and technical
teams have a successful track record of raising capital, discovery and the monetization of
exploration successes. The Company's objective is to become a leading advanced copper explorer ,
and through its wholly owned private Peruvian sub sidiary Sombrero Minerales S.A.C., is currently
focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas
within the Sombrero Project in Peru, its flagship project, while regularly reviewing additional
premium projects to consider for acquisition.
The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres)
located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists
of a number of prospective exploration targets character ized by copper -gold skarn and porphyry
systems, and precious metal epithermal systems. The Company’s NI 43-101 technical report, with an
effective date of April 17, 2024, and as filed on SEDAR+ on May 23, 2024, focuses on the Ccascabamba
and Nioc target areas of the Sombrero Project.
Coppernico Metals Inc. is currently listed on the Toronto Stock Exchange under the symbol "COPR"
and trades on the OTCQB Venture Market under the symbol “CPPMF”. More information about the
Company can be found on the Company’s profile on SEDAR+ (www.sedarplus.ca).
Cautionary Note
No regulatory organization has approved the contents hereof.
COPPERNICOMETALS.COM
TSX: COPR | OTCQB: CPPMF 7
This news release contains forward-looking statements and forward-looking information within the
meaning of Canadian securities legislation (collectively, “ forward-looking statements”). Forward-
looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”,
“intend” and similar expressions and include, but are not limited to, statements with respect to: the
Company’s drill plans, the interpretation of assay results, identifying targets for future exploration ,
the potential of the mineralization, the progress and approval of permits, the potential expansion
of the mineralization beyond currently permitted areas, the temporary suspension of drilling and
its anticipated resumption , and its financial position in the future . No certainty can be given that
these expectations will prove to be correct and such forward -looking statements included in this
news release should not be unduly relied upon. Forward-looking statements are based on a number
of assumptions and are subject to a number o f risks and uncertainties, many of which are beyond
the Company’s control, which could cause actual results and events to differ materially from those
that are disclosed in or implied by such forward -looking statements. Readers should refer to the
risks discussed in the Company’s 2024 Annual Information Form and other continuous disclosure
filings with the Canadian Securities Administrators, available at www.sedarplus.ca. These factors are
not, and should not be construed as being, exhaustive. Accordingly, readers should not place heavy
reliance on forward -looking statements. The forward -looking statements contained in this new
release are expressly qualified by this cautionary statement. Any forward -looking information and
the assumptions made with respect thereto speaks only as of the date of this news release. The
Company does not undertake any obligation to publicly update or revise any forward -looking
information after the date of this news release to conform such information to actual resu lts or to
changes in the Company’s expectations except as otherwise required by applicable legislation.