Coppernico Files Expanded Drill Permit at its Copper-Gold Sombrero Project in Peru
Coppernico Files Expanded Drill Permit at its Copper-Gold
Sombrero Project in Peru
Vancouver, Canada – November 24, 2025 – Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF , FSE: 9I3)
(“Coppernico” or the “Company”), through its wholly owned private Peruvian subsidiary, Sombrero Minerales
SAC, is pleased to announce that , having completed all required environmental studies, it has formally
submitted an Environmental Impact Assessment – Semi-detailed ("EIA-Sd") drill permit application (the
"Application") for its Sombrero Project in Peru. The permit, once granted, will facilitate expanded exploration
opportunities across multiple high-priority copper-gold targets within and beyond the Ccascabamba target
area, where the Company’s previous drilling was focused.
The Application proposes a considerable expansion of the currently permitted drill area by approximately 2,120
hectares (ha), for a total area of 3,024 ha (Figure 1), incorporating additional highly prospective targets. It also
seeks to increase the number of drill platforms from 38 to 181, as well as the ability to deploy additional drill
rigs. Targets covered by the Application include Fierrazo, Corrales, Tipicancha, Chumpi, and Escondida South,
which are characterized by compelling geophysical and geochemical signatures (Figure 1), including strong
historical drill data from Fierrazo (Figure 2).
Figure 1: Map of the currently permitted drill area, and the proposed 2025 drill permit expansion, illustrating
key targets and the geochemical and geological context within Sombrero.
Ivan Bebek, Chair and CEO of Coppernico, commented, “The submission of this expanded permit
application is a big step forward for our Sombrero Project, as it will provide access to multiple additional key
targets and allow for a greater number of drill pads as we finalize our plans for Phase 2 drilling.
Our initial drill results announced earlier this year vectored our targeting beyond our current permit
boundaries. The new permit will open up key areas of the project including our most advanced Fierrazo target,
where historical drilling has already revealed significant copper mineralization in the third dimension, and our
new Tipicancha target.
This expanded permit will not only enhance access to several key targets, but once obtained, it will also enable
us to provide the local communities with additional employment opportunities. The Company is financed into
the middle of 2026 with numerous milestones planned for over the next six months, including results from
ongoing surface exploration, permit advancements, and additional community access agreements within our
concessions.”
Figure 2: Historical drilling, channel samples and planned drill holes at the Fierrazo target.
The submission of this permit follows extensive baseline environmental and social studies, as well as
continued engagement with local communities , reinforcing the Company's commitment to responsible
exploration and stakeholder collaboration.
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).
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 premier copper-gold
deposits in the Americas. The Company’s management 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 and gold explorer, and through its wholly owned private 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 Company’s drill plans, identifying targets
for future exploration, the potential of the mineralization, the likely progress and ultimately approval of ,
permits and other authorizations, and the potential discovery, viability or expansion of any mineralization. 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 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 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 results or to
changes in the Company’s expectations except as otherwise required by applicable legislation.