Drill Results
Pecoy Copper Intersects 1,020.50 m of 0.43% Cu and 0.09 g/t Au from 48 m in Follow-Up Hole, a Second Consecutive Kilometre-Scale Intercept within South Breccia
“Kilometre‑Scale Intercept Confirms Higher‑Grade Core, Boosting Pecoy’s Upside”

Executive Summary
- Drill hole PEC‑25‑066 intersected 1,020.5 m @ 0.43 % Cu, 0.09 g/t Au, with several higher‑grade sub‑intervals (e.g., 48 m @ 0.94 % Cu).
- The intercept starts at 48 m depth and extends to the bottom of the hole (1,068.5 m total depth), continuing mineralization >300 m below the current pit‑shell resource model.
- Grades are ~26 % above the inferred resource average (0.34 % Cu) and comparable to the previous hole (PEC‑25‑065) that returned 1,014 m @ 0.37 % Cu.
- The company emphasizes continuity of the South Breccia system and suggests a potential higher‑grade domain that could be targeted for “starter‑pit” development.
- Phase 1 drilling now totals ~4,911 m across three holes; five rigs are planned for the summer to focus on Central Breccia and other priority targets.
Material Impact
- Positive materiality: The result is a new kilometre‑scale intercept that exceeds the resource grade and confirms depth extension beyond the pit‑shell constraint. While it follows the earlier February hole, the consistency of >1 km continuous mineralization with higher‑grade pockets materially upgrades the geological model and de‑risks the prospect of a higher‑grade core.
- Market expectation: Prior announcements (Feb 19 drill results) already signaled strong continuity; however, the April 8 data adds a second consecutive long intercept, reducing uncertainty around lateral and vertical continuity. This moves the news from “expected” to “materially positive.”
- Catalyst for valuation: If subsequent drilling validates a coherent higher‑grade zone, Pecoy could justify a larger pit or earlier transition to pre‑feasibility work, potentially unlocking significant upside relative to its current market cap.
PCU · Price
Company Overview
Pecoy Copper Corp. focuses on the Pecoy Copper‑Gold‑Molybdenum‑Silver Project in southern Peru (~9,975 ha). The current NI 43‑101 inferred resource is 865 Mt @ 0.34 % Cu (~6.5 bn lbs Cu) with by‑product credits. The project benefits from low elevation (~1,650 m), year‑round road access, proximity to power lines and deep‑water ports (Matarani, Ilo). Exploration is centered on the South Breccia Zone, with additional targets in Central Breccia, EDM Vein, West Pampa, and Northwest sectors.
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May 26, 2026 · 06:30