Production / Operations Routine +

Pecoy Copper Completes Magnetotelluric Survey to Optimize High-Priority Targeting and Resource Expansion

Unlocking a New Copper District in Southern Peru

By The Northwire Desk — AI Analysis Apr 22, 2026 · 07:15 PCU · 1.79 Pecoy Copper Corp.

Executive Summary

Pecoy Copper completed a large-scale magnetotelluric (MT) geophysical survey at its 100%-owned Pecoy Project in southern Peru.
The survey covered approximately 760 hectares using 85 MT stations to generate a high-resolution 3D resistivity model targeting depths exceeding 2,000 metres.
Final inversion and interpretation of the survey data are expected during the second quarter of 2026 to inform future drilling and target generation.
The Board granted 105,000 common share options to directors and consultants at an exercise price of $1.79 per share; options vest equally over three years and expire in five years.
This follows the April 8th announcement of a kilometre-scale drill intercept (1,020.5m @ 0.43% Cu) which reinforced the continuity of the South Breccia system.

Material Impact

The MT survey completion is an operational milestone within the existing 2026 exploration program rather than a standalone valuation driver like a resource update or financing closure.
It serves to de-risk future drilling by identifying concealed targets beneath cover, aligning with the company's stated goal of optimizing capital allocation for upcoming drilling.
The news confirms management is executing on the Phase 1 drill program outlined in January 2026 and following up on positive drill results from early April.
While positive for long-term project definition, it does not immediately alter the resource estimate or revenue potential, making it incremental rather than transformative at this stage.

PCU · Price

Company Overview

Company Name: Pecoy Copper Corp. (TSXV: PCU, OTCQB: PCUUF).
Flagship Project: Pecoy Copper-Gold-Molybdenum-Silver Project in southern Peru.
Project Status: Development / Exploration; fully funded Phase 1 drill program initiated late 2025.
Resource Estimate: Inferred mineral resource of 865 Mt at 0.34% Cu (~6.5 billion pounds of contained copper), with associated gold, molybdenum, and silver credits.
Infrastructure: Located ~1,650m elevation with year-round access; close to highways, power lines, water sources, and deep-water ports (Matarani & Ilo).
Secondary Asset: Tororume Project (~8 km north-east of Pecoy) planned for 5,000m drilling in 2026.

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