Pecoy Copper to Commence Drilling Activities Shortly

Executive Summary

• Pecoy Copper Corp. announced that drilling at its flagship Pecoy Copper‑Gold‑Molybdenum‑Silver Project in southern Peru will begin in the coming weeks, marking the first drill campaign since 2016.
• The program follows renewal of all required permits, updated environmental approvals and new community agreements, enabling a consolidated, data‑driven exploration strategy to expand the mineralized footprint.
• Management highlighted strong copper and gold market fundamentals and expects the drilling to demonstrate the full potential of the unified Pecoy deposit, supporting long‑term value creation.

Key Details

• Program Timing: Drilling activities are scheduled to start within weeks of the release (Nov 2025).
• Project Context: First drilling at Pecoy since 2016; follows consolidation of multiple historic operators and completion of Pecoy Copper’s go‑public transaction in Sep 2025.
• Objectives:
• Expand known mineralized zones, define high‑grade intervals, and extend the deposit both laterally and at depth.
• Fill historical data gaps and integrate previous disparate drilling results into a unified model.
• Permitting & Approvals: All drilling and access permits have been renewed; environmental approvals updated; community agreements secured.
• Resource Summary (as of NI 43‑101 report dated Apr 30 2025): Inferred copper resource of 865 Mt at 0.34% Cu, with significant gold, molybdenum and silver credits.
• Infrastructure Advantages: Project located ~1,650 m elevation with year‑round access; close to highways, power lines, water sources, and deep‑water ports (Matarani ≈240 km, Ilo).
• Management Quote: CEO Vincent Metcalfe emphasized strengthening copper and gold markets, the timing of the drill program, and the importance of community collaboration.
• Technical Review: Information reviewed and approved by Vincent Cardin‑Tremblay, P.Geo., Chief Geological Officer (Qualified Person under NI 43‑101).

Notable Quotes

“With copper and gold markets strengthening, this is a timely moment to initiate drilling at Pecoy… This next phase of development will allow us to realize the full potential of the Pecoy deposit and significantly advance one of the most exciting undeveloped copper assets in the Americas.” – Vincent Metcalfe, CEO

Materiality Assessment: Material – Positive (the announcement signals a significant operational milestone that could materially affect the company’s future valuation).