Coppernico Reports Significant Surface Channel Sampling Results at Tipicancha Epithermal-Porphyry Target
Coppernico Reports Significant Surface Channel Sampling
Results at Tipicancha Epithermal-Porphyry Target
Vancouver, Canada – May 21, 2025 – Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) (“Coppernico” or
the “Company”), is pleased to announce initial surface channel sampling results from the Tipicancha target,
a large-scale epithermal system with potential for a porphyry source at depth. Notable results include 22
metres (“m”) of 0.65% copper (“Cu”) and 0.77 g/t silver (“Ag”) including 10 m of 1.14% Cu and 0.20 g/t
Ag; true widths unknown (Table 1). These results further demonstrate the mineral potential of Coppernico’s
consolidated land position as the Company advances a growing pipeline of high-quality exploration targets.
Recent geological mapping and systematic rock sampling have extended the alteration footprint at
Tipicancha by 500 m, now measuring approximately 2 kilometres by 400 m (Figures 1 and 2). The system
displays classic epithermal-style alteration and geochemistry, with potential links to a subsurface porphyry
intrusion. Ongoing fieldwork continues to extend and refine key alteration and mineralization features,
including a semi-continuous pyrite horizon.
Figure 1: A) General geologic map of the Tipicancha target. B) Quartz-kaolinite altered volcanics with
ferricrete ledges and subcrops of pyrite. C) Massive pyrite with copper-rich sulfates. D) Native sulfur and
copper-rich sulfates coating unconsolidated sediments. E) Pyrite with chalcocite rims.
Ivan Bebek, Chair and CEO of Coppernico, stated, "As we continue to actively explore the extensive and
highly prospective land position of our Sombrero Project, we are identifying new compelling targets like
Tipicancha. This target is expected to be included in the permitted areas of our Phase 2 drilling program,
for which the permit application is underway. Further exploration across Tipicancha and additional areas is
ongoing as we advance our growing pipeline of robust copper and precious metals exploration targets."
Figure 2: Interpreted Geochemical and Alteration mineral assemblage maps at Tipicancha.
Figure 3: Interpreted geologic map showing location of channel samples at Tipicancha.
Table 1. Tipicancha Channel Sampling Highlights
Channel Sample ID From (m) To (m) Interval (m) Cu % Ag (g/t)
25
SRT-054
incl.
34.00 40.00 6.00 0.15 0.08
62.00 84.00 22.00 0.65 0.77
64.00 74.00 10.00 1.14 0.20
25SRT-060 0.00 34.00 34.00 0.42 4.00
25SRT-061 0.00 10.00 10.00 0.29 0.25
Length weighted assay composites. True thickness unknown at time of reporting. No more than 6 m internal dilution
(reported values below 0.1% Cu). Minimum reporting length of 6 m.
In addition to expanding the Tipicancha alteration and pyrite footprint, Coppernico geologists completed a
surface channel sampling program over a 200 m by 200 m area (Figure 3) , to define the geochemical
character of the pyritic horizon. Channels were completed where outcrops were available and oriented to
maximize sample continuity , as the horizon currently shows no preferred orientation. Most samples
returned trace to anomalous concentrations of precious metals and copper (Table 1). The sampling results
notably also demonstrated elevated values of pathfinder elements such as, molybdenum (Mo), arsenic (As),
antimony (Sb) and tin (Sn), typical of the deeper levels of epithermal systems. This suggests that the current
surface exposure may represent a transition zone from an epithermal to a porphyry environment consistent
with porphyry copper systems 1,2 (Figure 4). Copper mineralization within the pyrite horizon is primarily
hosted in secondary copper sulfide minerals. Further work is ongoing to determine the dimensions of the
pyrite body, and refine the interpretation of the geochemical zonation , and structural and lithologic
controls.
Tim Kingsley, VP Exploration, commented, “At Tipicancha we are mapping zonation in an oxidized and
leached lithocap environment. Alteration and geochemistry continue to define a vertical transition zone
from epithermal to porphyry system with potential to find precious metal-bearing lode structures at depth.
The high copper values at this level of the system are significant and demonstrate the potential for more
extensive porphyry -related copper mineralization. Tipicancha highlights the presence of multiple
mineralization events within the Company’s large land package and the significant exploration potential
on the property, which the Company is beginning to reveal with a growing pipeline of targets.”
Figure 4: Generalized alteration-mineralization zoning pattern for telescoped porphyry copper deposits
modified from Sillitoe, 20101 and Hedenquist and Arribas, 20222
1 Richard H. Sillitoe (2010); Porphyry Copper Systems. Economic Geology, v. 105, pp. 3-41
2 Jeffrey W. Hedenquist, Antonio Arribas (2022); Exploration Implications of Multiple Formation Environments of Advanced
Argillic Minerals. Economic Geology, v. 117, no. 3, pp. 609-643
Importantly, Tipicancha represents a younger and potentially porphyry-epithermal related system
compared to the nearby Eocene-aged porphyry-skarn deposits at Ccascabamba, Nioc, and Good Lucky. The
alteration and porphyritic dikes at Tipicancha cut through younger volcanic rocks, the same rock units that
lie above known skarn mineralization elsewhere on the property.
Tipicancha is located within the Huancasancos community, where Coppernico has an active surface access
agreement. The Company is working toward a permit to expand the current drill area, increase the number
of drill holes to around 200, and provide for more drill rigs. These latest findings further support advancing
Tipicancha as an additional target for the Phase 2 drill program and highlight the strong potential of
Coppernico’s portfolio of copper-gold discovery opportunities.
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 chisel and hammer in continuous horizontal lines, typically samples were
composited over up to 5 metre lengths per sample, however this may be reduced to 0.5 metres where
lithological or significant mineralogical changes were observed in order to accuratel y reflect the apparent
width of mineralisation. Typical sample weights were 1 kg per metre. Samples were collected in cotton bags
and given a unique reference number. Approximately 2-3kg of material was collected for analysis and sent
to the ALS Lab in Lima, Peru for preparation and analysis. Preparation included crushing the 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-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 metho d (Cu-OG62). QA/QC
programs for 2025 channel 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 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 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 regular ly
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 ar eas of the
Sombrero Project.
Coppernico Metals Inc. is 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.
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, and the temporary suspension of drilling and its anticipated resumption. 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 t o 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.