Coppernico Receives Approval for Major Drill Permit Expansion at Sombrero
Coppernico’s permit approval unlocks a 3,100-hectare drill expansion at Peru’s Sombrero project.
Coppernico Metals Inc. has received approval for its Environmental Impact Assessment – Semi-detailed (EIA-Sd) for an expanded drilling permit at its Sombrero Project in Peru. The approved permit expands the exploration area from 904 hectares to approximately 3,122 hectares. Authorized drill capacity increases from 38 platforms/49 holes to 181 platforms/300 holes. The Category II approval allows for multiple drill rigs and operational flexibility to adjust targets based on new geological data.
The expanded area covers high-priority targets including Fierrazo, Corrales, Chumpi, Escondida, Huachana, and Tipicancha. The company is now awaiting the final start-of-activities authorization from the Peruvian Ministry of Energy and Mines (MINEM) before drilling can commence. Drilling is expected to commence in the coming months with a phased program planned across 2026 and 2027.
Coppernico Metals Inc. (COPR) has received approval for a permit expansion initially filed in November 2025, a development that removes a key regulatory hurdle and aligns with the company’s previously communicated roadmap. The approval materially de-risks the near-term exploration program by legally enabling the company to deploy multiple rigs across a significantly larger land package. The announcement contains no unexpected financial terms, new strategic partnerships, or surprise exploration results, serving as a necessary precursor to the planned Phase 2 drilling campaign.
Coppernico Metals Inc. is an exploration-stage company focused on the Sombrero Project in Peru, a ~57,000-hectare copper-gold skarn and porphyry system. Flagship targets include Fierrazo, Nioc, Tipicancha, and Chumpi-Corrales. Historical drilling at Fierrazo returned 116m of 0.42% Cu and 0.24 g/t Au. Recent surface channel sampling at Nioc intersected 70.1m of 0.92% Cu and 0.25 g/t Au, confirming continuous high-grade skarn mineralization. The company is advancing from surface exploration and geophysical surveys toward Phase 2 diamond drilling.