Coppernico Metals Expands Concessions at Sombrero

Executive Summary

• Coppernico Metals announced the staking of an additional 2,400 hectares in Peru covering a newly identified lithocap‑epithermal‑porphyry target (“Rumi”) within its Sombrero Project.
• Early reconnaissance mapping and geochemical sampling reveal extensive advanced argillic alteration (≈4 km²) with elevated As, Bi, Sb, Mo (up to 10 ppm) and Cu (up to 101 ppm), supporting a high‑sulphidation epithermal/lithocap system.
• The expansion brings the company’s land position to 56,400 hectares and adds a 17th standalone target to its pipeline, with follow‑up sampling and drill‑ready work planned for Phase 2.

Key Details

• Concession Expansion: 2,400 ha application filed by wholly owned subsidiary Sombrero Minerales SAC; first‑year concession fees paid at US$3/ha.
• Target Size & Geology: Rumi target covers ~2.3 km × 2.5 km (≈4 km²) of continuous kaolinite, alunite, silica alteration; occasional dickite and disseminated pyrite.
• Geochemical Highlights (16 samples):
• Arsenic (As), Bismuth (Bi), Antimony (Sb) – elevated across the zone.
• Molybdenum (Mo) up to 10 ppm.
• Copper (Cu) up to 101 ppm.
• Sulfur > 3 % consistent with pyrite‑rich zones.
• Structural Setting: Alteration aligns with intersections of NE‑trending and E‑W trending structural corridors, suggesting fluid pathways.
• Regional Context: Rumi joins existing lithocap targets (Tipicancha, Macha Machay, Ccello) within the Miocene metallogenic belt overlaying the older Andahuaylas‑Yauri porphyry province.
• Future Work: Planned follow‑up mapping and sampling to refine target scale; Phase 2 drill program to define drill‑ready targets.
• Quotes:
• Ivan Bebek, Chair & CEO: “The Rumi target is our 17th standalone target… Additional permitting updates and channel sampling results are expected in the coming weeks.”
• Tim Kingsley, VP Exploration: “Early fieldwork … has revealed a large, continuous alteration system… supporting the potential for a copper‑gold porphyry system at depth.”
• Technical Review: Information reviewed and approved by Tim Kingsley, M.Sc., CPG (Qualified Person, NI 43‑101).

Notable Quotes

“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.” – Ivan Bebek, Chair & CEO

All boilerplate, forward‑looking statements and company background sections have been omitted for brevity.