King Copper Advances Drilling Contract for Initial Phase of the 36,000m Diamond Drilling Program at Colquemayo
King secures a contractor and DIA for a 36,000-metre step-out program at its Peruvian copper project.
King Copper Discovery Corp. has completed the technical review and site visits for its fully-funded 36,000-metre diamond drilling program at the Colquemayo Project in Peru. The company secured the necessary Declaración de Impacto Ambiental (DIA) permit, authorizing 36,000 metres of drilling across 59 holes from 40 platforms.
Priority porphyry targets, including Amata-Cairani, Coripuquio, and Yanarico, were defined through a reinterpretation of approximately 20,000 metres of historical drilling data. A contractor selection process involving site visits and technical evaluations has concluded, with the winner chosen based on technical capability, experience, and local employment commitments. The program is designed to step out from known high-grade intersections and test down-dip targets where spectral data indicates potential porphyry intrusion.
Historical context highlights significant prior intersections, including:
- 237.3 metres of 2.4% Cu from 306.2 metres at Amata-Cairani
King Copper Discovery Corp. (KCP) announced a direct follow-up to its July 6, 2026 DIA approval, confirming that regulatory hurdles have been cleared and the company is moving into the execution phase of its flagship drill program. The program is explicitly stated as fully funded, removing immediate capital raise concerns for this phase.
The news is incremental and expected. The market was already aware of the DIA approval and the planned 36,000m scope. Contractor selection and site readiness are standard operational next steps. No new financial metrics, revised guidance, or unexpected geological surprises are disclosed.
King Copper Discovery Corp. is an exploration-stage company focused on copper, gold, and silver projects in South America. Its flagship project, Colquemayo, is located in southern Peru, covering 6,600 hectares and offering road accessibility. The geological model features high-sulphidation epithermal mineralization hosted in breccias below a lithocap, extending approximately 12 km in strike length and 3-4 km in width. This exploration model draws similarities to linked epithermal and porphyry systems, such as Filo del Sol in Argentina.
Historical drilling has demonstrated extensive copper mineralization, with high-grade intersections reaching up to 15.15 metres of 27% Cu. The current program aims to test underlying porphyry potential and step out from known zones. The company also holds a secondary project, San Francisco in Argentina, which is currently undergoing desk-top evaluation and surface sampling. High-grade gold intercepts have been reported at the Veta Rica vein within this property.