Coppernico Completes Gravity and Magnetic Surveys and Refines Large Skarn-Porphyry Targets
Coppernico sharpening its Sombrero drill-ready pipeline as geophysics refine large-scale copper-gold targets in Peru, with Teck-backed financing and expanding permitting in view of a multi-year drill program
Executive Summary
- Completed high‑resolution gravity, magnetic and photogrammetry surveys across the Antapampa–Tipicancha corridor of the Sombrero Project, markedly improving subsurface target definition.
- Identified multiple large‑scale skarn and porphyry targets (Fierrazo, Nioc, Tipicancha, Chumpi‑Corrales, Antapampa) with strong geophysical anomalies that remain largely untested by drilling.
- Announced a multi‑target drill program for 2026‑2027 (initial 2,500 m at Fierrazo; ~2,000 m at Tipicancha; additional meters TBD), contingent on financing and permitting.
Key Details
- Survey Coverage: Gravity, magnetic, IP and high‑resolution photogrammetry datasets now available for the Antapampa–Tipicancha area.
- Target Highlights:
- Fierrazo: ~700 m magnetite‑rich skarn body; only ~200 m historically drilled; open in all directions. Planned initial drill program ≈2,500 m (potential to expand >5,000 m).
- Nioc: >1.5 km skarn‑porphyry system with coincident magnetic, gravity and chargeability anomalies; completely untested by drilling. Drill permitting pending community agreement.
- Tipicancha: Lithocap environment with a ≥1.5 km alteration footprint and pronounced magnetic low; initial drill program ≈2,000 m to define geometry.
- Chumpi‑Corrales: Covered mixed sulphide‑magnetite skarn target; elongated NE‑trending magnetic anomaly overlapping large gravity anomaly; extensive chargeability zones.
- Technical Impact: Integrated datasets refine 3D geological models, improve confidence in drill targeting, and enable a more capital‑efficient exploration approach.
- Financing & Permitting: Drill program subject to additional financing and the finalization of EIA‑Sd permits covering Fierrazo, Tipicancha, and Chumpi; multi‑community agreements under negotiation.
- Community & ESG: Ongoing community partnership development and permitting progress across the Sombrero land package; CEO highlighted alignment with AGROIDEAS social framework.
- PDAC 2026 Participation: Company will present at Red Cloud Pre‑PDAC Mining Showcase (Feb 26‑27) and PDAC Convention (Mar 1‑4), including a sustainability session led by CEO Ivan Bebek.
Notable Quotes
“The new gravity and magnetic datasets represent a major advancement in our understanding of the geology… we are now strongly positioned to launch a comprehensive, multi‑target drill program that could deliver several opportunities for a transformational discovery.” – Ivan Bebek, Chair & CEO
“We are very pleased with the outcome of the surveys. Initial results are being used to provide clearer definition of these significant, multi‑kilometre‑scale skarn and porphyry targets which remain mostly untested by drilling.” – Tim Kingsley, VP Exploration