Coppernico Defines 155 m of Continuous Copper Mineralization Averaging 0.54% at Sombrero’s Nioc Target
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Coppernico Defines 155 m of Continuous Copper
Mineralization Averaging 0.54% at Sombrero’s Nioc Target
Vancouver, Canada – January 12, 2026 – Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3)
(“Coppernico” or the “Company ”), is pleased to announce results from recent geological mapping and
channel sampling at Zone 1 within the Nioc target area, which continue to confirm the presence of a laterally
extensive copper skarn system. Channel sampling has now defined a continuous surface footprint of copper
mineralization measuring approximately 170 metres (“m”) east-west by approximately 200 m north-south,
characterized by broad intervals of consistent copper grades and localized higher -grade zones. These
results significantly expand the known extent of surface mineralization and reinforce the scale potential of
the Nioc system.
Highlights
• Zone 1 surface footprint expanded to approximately 170 m by 200 m, defined by continuous channel
sampling and geological mapping.
• Broad, continuous copper mineralization confirmed across Zone 1, with multiple channel intervals
exceeding 0.4% copper (“Cu”):
o Channel 071: 164 m averaging 0.41% Cu, including 30 m of 0.87% Cu
o Channel 072: 126 m averaging 0.40% Cu, including 62 m of 0.50% Cu
o Channels 029, 065 and 066 combined: 155 m averaging 0.54% Cu
• High-grade copper intervals developed within the broader mineralized envelope, including:
o Channel 068: 54 m of 0.92% Cu, including 12 m of 2.82% Cu and 2.12 g/t silver (“Ag”)
o Channel 070: 25.5 m of 0.53% Cu, including 9.5 m of 1.04% Cu and 1.81 g/t Ag
• Mineralization remains open to the north and south, coincident with a large chargeability anomaly
interpreted to extend beneath post-mineral cover.
Ivan Bebek, Chair and CEO of Coppernico Metals, commented, “The Nioc target area continues to deliver
outstanding surface results, with strong copper grades and widths that align closely with our mapping and
geophysical data.
Sombrero hosts multiple large-scale copper skarn and porphyry targets, and our two key advanced targets,
Fierrazo and Nioc, are distinguished by impressive historical drilling and exciting new surface results.
The Sombrero Project also contains numerous slightly buried or concealed targets, which our recently
completed geophysical programs are helping to further define as we advance toward our planned 2026
drill campaigns. Our permitting is progressing well, and we continue t o expand and strengthen our
partnerships with local communities.”
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Figure 1: Overview map of channel sampling Zones 1 and 2 at the Nioc target area, including interpreted
skarn alteration halos. The figure illustrates the cluster of intrusions formed by the Nioc and
Ccascabamba target areas at a broader scale within the Sombrero Project.
Technical Summary
Recent channel sampling at Zone 1 extended mineralization laterally and along strike. Channels 065 and
066 expanded on Channel 029, previously reported by the Company on September 4, 2025, which returned
52 m of 1.06% Cu. In combination, Channels 029, 065 and 066 define a continuous mineralized envelope and
indicate an east-west width of approximately 155 m averaging 0.54% Cu, based on detailed mapping and
channel sampling results (Figure 2). Furthermore, Channels 071 and 072 similarly confirmed broad
mineralization over 164 m and 126 m , respectively. Collectively, the results to date define a continuous
mineralized surface footprint of approximately 170 m east-west by 200 m north-south, with mineralization
remaining open in both directions beneath post mineral cover.
Channels 073 and 074 returned short, isolated copper intervals from sulphide bearing structures near the
southern margin of the Nioc intrusive complex. Additional work is required to determine whether this
mineralization relates to Zone 1 or Zone 2 footprints, nearly 600 m to the north (Figure 3). The table below
summarizes the key composite channel sample results reported in this press release.
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Table 1: Channel Sampling Results at Nioc1
Channel ID Interval (m) Cu (%) Au (g/t) Ag (g/t)
Combined: 25SRT-029,
-065 and -066 155.00 0.54
25SRT-065
(extension of -029)
37.0 0.25 0.01 0.34
Including 14.0 0.40 0.01 0.31
25SRT-066
(extension of -029)
15.0 0.37 0.28 1.60
66.0 0.33 0.05 0.28
Including 38.0 0.49 0.07 0.32
25SRT-068
54.0 0.92 0.08 0.93
Including 28.0 1.51 0.12 1.30
Including 12.0 2.82 0.26 2.12
25SRT-070
25.5 0.53 0.07 1.01
Including 9.5 1.04 0.10 1.81
25SRT-071
164.0 0.41 0.10 0.65
Including 59.0 0.42 0.08 0.54
Including 30.0 0.87 0.22 1.18
25SRT-0722
37.0 0.27 0.12 0.57
126.0 0.40 0.08 0.51
Including 56.0 0.33 0.10 0.42
Including 62.0 0.50 0.07 0.63
25SRT-073 10.5 0.31 0.21 0.27
25SRT-074 3.3 0.32 0.05 0.54
1. Length and density weighted assay composites. True thickness is unknown, the highlighted channels are oriented generally
perpendicular to rock outcrop and are considered most representative at time of reporting. No more than 6 consecutive
meters of internal dilution (defined as reported values below 0.2% Cu). Minimum reporting length of 6 m. Channels 067 and
069 did not return significant copper mineralization.
2. Channel 072, the 126 m interval, includes 8 m of unsampled material which was given a 0% Cu value in the composite.
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Figure 2: Channel sample highlights at Nioc, demonstrating strong copper grades in Zone 1 over broad
intervals.
Channel sampling was completed by hand to a maximum depth of approximately 1.5 m. Orientations in the
area of Channels 068 and 070 had to be modified in order to consistently reach bedrock, extending
mineralization by approximately 20 m to the north. Further northward extensions remain untested due to
thicker post -mineral cover that exceeds the depth achievable by hand channel sampling. As a result,
mineralization at Zone 1 remains open to the north, where it is interpreted to continue beneath cover.
Channels 071 and 072 extended Zone 1 mineralization nearly 100 m to the south over broad east -west
intervals. Zone 1 remains completely open to the south ; however, additional sampling work here would
require the assistance of heavy equipment.
These results build on previously reported high-grade channel sampling at Zones 1 and 2 (see Coppernico
press release dated September 4, 2025 ). The combination of high -grade channel sample intervals and
broad, continuous channel intersections reinforce the potential for a large copper skarn system (a copper-
rich system formed where intrusions interact with limestone) capable of hosting both high -grade zones
and extensive mineralized envelopes.
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Geological Interpretation
Copper skarn mineralization at Zone 1 displays strong similarities to mineralization observed at the Fierrazo
target, where historical drilling returned values including 116 m of 0.42% Cu and 0.24 g/t Au, 90.4 m of 0.48%
Cu and 0.05 g/t Au, and 51 m of 0.43% Cu and 0.16 g/t Au ( see news release dated June 13, 2019, issued by
predecessor Auryn Resources, now Fury Gold Mines, for related technical disclosures) , supporting a
consistent district -scale geological model. Mineralization is controlled by a favorabl e combination of
reactive carbonate host rocks, intrusive contacts, and structural permeability. The strongest copper grades
are developed within magnetite -rich exoskarn, spatially associated with a quartz monzonite intrusion
interpreted as the causative intrusive phase.
The broad distribution of moderate -grade copper mineralization, combined with localized higher -grade
zones, is consistent with local skarn zonation developed outward from intrusive contacts. Importantly, the
mineralized skarn at Zone 1 lies directly above a portion of a large, coherent chargeability anomaly,
reinforcing the interpretation that mineralization may continue beneath cover a nd highlighting the
potential for additional mineralized zones at depth (Figure 3).
These results will be integrated with recent geophysical surveys and mapping programs to prioritize drill
targets and advance the Nioc target area toward initial drilling. Channel sample results are surface
exposures only and are not necessarily indicative of mineralization at depth.
Figure 3: Chargeability map at 3,800 m elevation. Large high chargeability features indicate potential
continuity of mineralization at depth.
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Tim Kingsley, VP Exploration of Coppernico Metals, commented, “The latest channel sampling results
reinforce our interpretation of Nioc as a large, well-mineralized skarn system. We are observing continuous
copper mineralization at surface over meaningful widths and strong associations with magnetite and
intrusive contacts, which are coincident geophysical anomalies, all key indicators of a robust mineralized
system with potential at depth. With the recent geophysical survey work now complete, we plan to advance
geologic interpretation to define drill-ready targets at Nioc.”
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 Vice President of Exploration, who is a “Qualified Person” as defined in
NI 43-101. Mr. Kingsley supervised the sampling program and verified the data disclosed herein.
Quality Control
A total of 496 continuous channel samples were collected from 10 channel sampling lines over a combined
(total) sample length of 902.5 m. Samples were typically between 1 and 2 metres in length; however, sample
lengths could be reduced to as little as 0.5 metres where lithological or significant mineralogical changes
were observed, in order to accurately reflect the apparent width of mineralization. Analytical samples were
collected by cutting a continuous channel into bedrock with a portable rock saw. Ind ividual samples
weighed between 3 and 7 kilograms . Samples were collected in plastic bags , given a unique reference
number and sent to the ALS Laboratories in Lima, Peru for preparation and analysis. Preparation included
crushing the sample to 90% < 2 mm 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 a four-acid digest ICP-AES/ICP-MS method (ME-MS61). Where MS61 results
were greater than or near 10,000 ppm Cu, or 10,000 ppm Zn, assays were repeated using an ore-grade four-
acid digest method (Cu -OG62). QA/QC programs for 2025 channel samples included internal standard
samples, blanks, and duplicates, lab duplicates, lab standards, and laboratory 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 large-scale high-grade
copper-gold deposits in the Americas. The Company’s management and technical teams have a successful
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track record of raising capital, discovery and the monetization of exploration successes. The Company's
objective is to become a leading advanced copper and gold explorer, and through its wholly owned
Peruvian subsidiary 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 56,400 hectares (564 square kilometres) located
in the north -western margins of the world -renowned Andahuaylas-Yauri trend in Peru. It consists of a
number of prospective exploration targets characterized 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”, trades
on the OTCQB Venture Market under symbol “CPPMF” and is quoted over the counter by certain dealers in
the Unofficial Market of the Frankfurt Stock Exchange under the symbol “9I3”. More information about
Coppernico can be found on the Company’s profile on SEDAR+ (www.sedarplus.ca).
Cautionary Note
No regulatory organization has approved the contents hereof.
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 interpretation of geological
mapping and channel sampling results, the prospective nature of identified targets for future exploration,
and the potential of the interpreted mineralized systems. 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
heavily relied upon. Forward-looking statements are based on a number of assumptions and are subject to
a number of 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 a t
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 caut ionary 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 results or to changes
in the Company’s expectations except as otherwise required by applicable legislation.