Cupani Metals starts winter drill program at Blue Lake

Executive Summary

• Cupani Metals Corp. has launched its 2026 winter drill program at the Blue Lake project in Quebec, targeting 15‑25 holes and 3,000‑4,000 m of drilling.
• The program aims to test the southeast extension of known mineralization along a high‑potential corridor using surface geology and geophysical anomalies as guides.
• Drilling may continue beyond April 2026 if the rig is retained on site for later phases.

Key Details

• Program Scope: 15–25 drill holes; total depth 3,000–4,000 m planned.
• Objective: Test interpreted extension of Blue Lake copper‑nickel‑PGE mineralization to the southeast along a high‑potential corridor.
• Target Depth: Sufficient to intersect the ultramafic/sediment contact for each hole.
• Geophysical Basis: Hole locations selected based on mineralized ultramafics, aeromagnetic anomalies, electromagnetic responses, and gravity anomalies.
• Potential Extension: Rig may remain on‑site beyond April 2026 for additional drilling later in the year.
• Project Overview: 100 % owned Blue Lake project covers 682 km² of exploration claims; historic work by La Fosse Platinum in the 1980s included hundreds of holes, a 350‑m adit, and extensive surveys.
• Copper Equivalent Calculations: Utilized CAD metal prices as of 2025‑09‑08 (Cu $6.20/lb, Ni $9.52/lb, Pt $1,921.60/oz, Pd $1,566.82/oz) with the formula Cu eq = Cu% + 1.54·Ni% + 0.45·Pt(g/t) + 0.37·Pd(g/t). Only values >0.4 % shown; multiplied by an assumed ≥80 % recovery factor.
• Qualified Person: Jacquelin Gauthier, P.Geo., Vice‑President of Exploration, certified under NI 43‑101.

Notable Quotes

(No direct quotes provided in the release.)