Pecoy Copper Adds Third Broad South Breccia Intercept; Northwest Returns 42.3 Metres at 1.01% Cu Near Surface and Expands Mineralized Footprint

Pecoy Copper Corp. (PCU) reported assay results for six diamond drill holes, PEC26-067 through PEC26-072, adding 5,678.3 metres to its planned approximately 35,000-metre 2026 exploration program. According to the company, the assay results received to date represent only about 20% of the planned 2026 program.

The South Breccia hole, PEC26-072, returned 804.0 metres grading 0.34% Cu, 0.08 g/t Au, 1.19 g/t Ag and 0.007% Mo from 24.0 metres. This interval includes 485.2 metres at 0.40% Cu, 0.09 g/t Au, 1.36 g/t Ag and 0.007% Mo from 244.8 metres; 100.8 metres at 0.56% Cu and 0.13 g/t Au from 608.5 metres; and 52.0 metres at 0.67% Cu and 0.10 g/t Au from 656.0 metres. PEC26-072 was collared approximately 166 metres west of PEC25-066 and approximately 360 metres west of PEC25-065.

In the Northwest area, PEC26-067 returned 209.0 metres at 0.40% Cu from 15.0 metres, including 137.0 metres at 0.50% Cu, 42.3 metres at 1.01% Cu and 11.1 metres at 1.90% Cu. The hole also returned a deeper interval of 296.0 metres at 0.24% Cu and 0.009% Mo from 744.0 metres to the end of the hole at 1,040.0 metres.

At the Centre-of-Pit, PEC26-069 returned 119.0 metres at 0.30% Cu from 29.0 metres, while PEC26-071 returned 101.4 metres at 0.34% Cu from 130.0 metres. In the North-Central zone, PEC26-070 returned 345.0 metres at 0.25% Cu from 424.0 metres.

Seven additional holes, PEC26-073 through PEC26-082, are listed as assays pending or in progress.

Pecoy Copper Corp. (PCU) remains an explorer and developer with an existing 865 Mt inferred resource grading 0.34% Cu, though it currently holds no reserves or production. Recent drilling has confirmed lateral continuity at the South Breccia target, with hole PEC26-072 identifying a third broad intercept. While this result aligns with resource-grade expectations rather than the higher grades observed in holes PEC25-066 and PEC25-065, it reinforces the geological model.

More notably, the Northwest target delivered differentiated results. Hole PEC26-067 identified a new high-grade zone near the surface, comprising 42.3 m at 1.01% Cu and 11.1 m at 1.90% Cu. This discovery presents a potential starter-pit optionality if the zone is confirmed.

The company’s shares experienced significant volatility following earlier announcements. The stock re-rated sharply from approximately C$0.84 in September 2025 to C$2.24 in March 2026 on the back of the first two South Breccia holes, before round-tripping to C$1.51 by August 31, 2026. With the prior valuation premium largely unwound, the current release does not appear to be priced against overly optimistic embedded expectations.

While the latest results are not transformational in isolation, they provide positively differentiated data by adding a third pierce point at South Breccia and a new high-grade near-surface target at Northwest. Pecoy Copper Corp. holds C$46.8 million in cash with no material debt reported, providing the company with the funding necessary to follow up on both targets.

Pecoy Copper Corp. is a Canadian junior advancing its 100%-owned Pecoy Copper-Gold-Molybdenum-Silver Project in southern Peru’s Arequipa region. The 9,975-hectare property sits at a low elevation of approximately 1,650 meters, benefiting from road access and proximity to power, water, and Pacific ports. The project hosts an inferred resource of 865 million tonnes at 0.34% copper, containing approximately 6.5 billion pounds of copper, along with gold, molybdenum, and silver credits. Nearby, the Tororume district-scale target lies about 8 km to the north and features historical drilling.

As of the second quarter of 2026, the company held approximately C$46.8 million in cash with no reported material debt, providing funding for its 2026 drill program. Management includes President and CEO Vincent Metcalfe and Chief Geological Officer Vincent Cardin-Tremblay.