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Coppernico Metals Expands Concessions at Sombrero

Mergers & Acquisitions

COPPERNICOMETALS.COM

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Coppernico Metals Expands Concessions at

Sombrero

Vancouver, Canada – October 29, 2025 – Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF , FSE: 9I3)

(“Coppernico” or the “Company”), is pleased to announce that, through its wholly owned private Peruvian

subsidiary, Sombrero Minerales SAC, it has expanded its concessions through an application covering 2,400

hectares over a newly identified lithocap-epithermal-porphyry target at its Sombrero Project in Peru.

The concessions were pursued after receiving encouraging early-stage geological and geochemical

sampling results from what the Company is referring to as the Rumi target, located east-southeast of the

Tipicancha target within the general Sombrero Project area (Figure 1). Mapping and reconnaissance rock

sampling have outlined a continuous footprint of approximately 2.3 kilometres (km) by 2.5 km of advanced

argillic alteration developed within a Miocene or younger volcanic package, indicative of a potential high-

sulphidation epithermal or lithocap-style system.

Highlights

• Large-scale lithocap: Approximately 4 square km of continuous kaolinite, alunite and silica

alteration with a few occurrences of dickite and disseminated pyrite, mapped by field

observations and Short-Wave Infrared (SWIR) spectroscopy verification.

• Pathfinder anomalism: Initial reconnaissance sampling shows elevated arsenic (As), bismuth

(Bi) and antimony (Sb), with sporadic elevated values of molybdenum (Mo) up to 10 ppm and

copper (Cu) up to 101 ppm. High sulfur (S) values, greater than 3%, are consistent with mapped

pyrite rich zones, and acid sulphate alteration is consistent with high sulphidation systems.

• Multiple systems: Displays features similar to the Tipicancha and Ccello targets, suggesting a

regionally significant younger magmatic-hydrothermal event superimposed over the

Ccascabamba-Nioc skarn targets.

Ivan Bebek, Chair and CEO of Coppernico, commented, “As our exploration efforts are ongoing at various

targets at our Sombrero Project, we continue to review opportunities in the region aiming to expand our

pipeline of prospective discovery targets. The Rumi target is our 17th standalone target in our 56, 400-

hectare land position supporting our goal of pursuing multiple significant discoveries on the western side

of the Andahuaylas-Yauri belt. Additional permitting updates and channel sampling results are expected in

the coming weeks.”

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Figure 1: Sombrero Project footprint

Reconnaissance mapping and initial sampling have outlined a large zone of advanced argillic alteration at

the Rumi target, measuring approximately 2.3 km by 2.5 km. The alteration is characterized by kaolinite,

alunite, and vuggy to residual silica, with dickite occurring locally. Disseminated pyrite and native sulfur are

common throughout the area (Figure 2).

This distinctive mineral assemblage and texture point to an acid -sulfate environment, typical of high -

s u l fi d a t i o n e p i t h e r m a l s y s t e m s a n d l i t h o c a p s t h a t o f t e n d e v e l o p a b o v e p o r p h y r y c o p p e r-gold (Cu -Au)

centers. Early geochemical results from sixteen samples collected, included elevated As, Bi and Sb, further

supporting this interpretation. Samples also included sporadic elevated values of Mo up to 10 ppm and Cu

up to 101 ppm (Figure 2).

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Figure 2: Target scale geologic map showing contours of kaolinite, alunite and silica, with arsenic sample

values.

Early structural mapping shows that the alteration coincides with intersections between northeast and

east-west trending corridors. These structures and their intersections may have played an important role in

focusing and channeling magmatic fluids. On the strength of these findings, Coppernico has staked

approximately 2,400 hectares of new concessions. A follow-up mapping and sampling program is planned

to better define the scale and context of this emerging system.

This new discovery expands Coppernico’s growing pipeline of younger “lithocap” exploration targets within

Peru’s Miocene metallogenic belt, which now incorporates the Rumi, Tipicancha, Macha Machay, and Ccello

targets:

• Tipicancha: 1 km by 2 km epithermal alteration with Cu-bearing zones returning up to 22 m of 0.65%

Cu, including 10 m of 1.14% Cu (true widths unknown, see Coppernico press release dated May 21,

2025).

• Macha Machay: Newly mapped 4 km by 1 km alteration zone supported by broad geochemical

anomalies (additional exploration results pending, see Company press release dated August 18,

2025).

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• Ccello: Approximately 2 km by 1.5 km silver-kaolinite lithocap with silver mineralization associated

with quartz-alunite alteration and massive silica structures (see press release dated September 30,

2019 by Auryn Resources, Coppernico’s predecessor).

These Miocene -aged targets are superimposed over the westward extension of the older Eocene–

Oligocene Andahuaylas-Yauri Belt, an established porphyry Cu-Au province hosting the Company’s large-

scale skarn-porphyry Ccascabamba and Nioc target areas and the Good Lucky target. These overlapping

mineralizing events are likely indicating long-lived and multi-phase magmatic and hydrothermal activity,

suggesting the presence of deep -seated, crustal-scale structures and potential for concealed porphyry

centers at d epth. Regionally, the Miocene Belt of Peru hosts numerous productive epithermal -porphyry

systems. Notable examples include Morococha-Toromocho, located approximately 375 km to the north of

Sombrero, and Inmaculada-Pallancata-Selene, nearly 150 km to the south.

In connection with the application o f t h e s e c o n c e s s i o n s , t h e C o m p a n y p a i d t h e fi r s t y e a r o f a n n u a l

concession validity fees equal to US$3 per hectare. Final granting of the concessions is expected to be

completed within the coming months, subject to customary administrative proceedings, including a public

notice period and confirmation from INGEMMET and filing with the public registry.

Tim Kingsley, VP Exploration commented, “ Early fieldwork at the Rumi target has revealed a large,

continuous alteration system with characteristics typical of high-sulphidation and lithocap environments,

supporting the potential for a copper -gold porphyry system at depth. As we advance community

partnerships toward drill permitting, we continue to refine our land position and prioritize high-impact drill

targets across Sombrero.”

The recognition of this new target strengthens Coppernico’s district -scale exploration pipeline for the

Sombrero Project. Systematic mapping and sampling continue to refine multiple Cu -Au prospects, with

ongoing work aimed at defining drill-ready targets for the upcoming Phase 2 drill program.

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/

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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

S o m b r e r o M a i n ) a n d N i o c t a r g e t a r e a s w i t h i n t h e S o m b r e r o P r o j e c t i n P e r u , i t s fl a g s h i p p r o j e c t , w h i l e

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 sampling results, the prospective nature of identifi ed targets for future exploration, the

potential of the interpreted mineralized systems, the progress and approval of permits , the granting of

concessions, and the Company’s drill plans. 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

c ontai ned in this new re le a se are exp re ss ly qu alifi ed by this c autionary 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.