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Coppernico Metals Inc. reports exploration and project-development updates for the Sombrero copper-gold project in Peru. The company, through its wholly owned Peruvian subsidiary Sombrero Minerales S.A.C., focuses on skarn-porphyry and epithermal-porphyry targets including Ccascabamba, Nioc, Tipicancha and Antapampa. Recurring news covers geological mapping, channel and soil sampling, geophysical surveys, drill-permit activity, target generation, concession options and community engagement tied to the broader Sombrero land position.
Coppernico Metals (OTCQB: CPPMF, TSX: COPR) closed an upsized Listed Issuer Financing Exemption private placement, issuing 15,714,286 units at C$0.35 for gross proceeds of C$5.5 million. Each unit includes one share and a warrant exercisable at C$0.50 until June 26, 2028.
The financing was oversubscribed, with proceeds to be used as described in the company’s Amended and Restated LIFE Offering Document. Coppernico paid C$282,012 in cash finders’ fees and issued 805,747 finders’ warrants. TSX has conditionally approved listing of the shares and warrant shares, pending customary closing filings.
Coppernico Metals (OTCQB: CPPMF, TSX: COPR) reported voting results from its June 23, 2026 virtual AGM. Shareholders representing 62,554,108 common shares, or 99.42% of outstanding shares, were present or by proxy.
All six director nominees were elected and Davidson & Company LLP was reappointed as auditor.
Coppernico Metals (OTCQB: CPPMF) reported new surface channel sampling results from the Nioc target at its Sombrero copper-gold project in Peru.
A combined channel returned 70.1 m of 0.92% Cu, 0.25 g/t Au and 2.45 g/t Ag, nearly doubling Zone 2’s east-west surface width to about 70 m. Step-out channel 26SRT-111, 120 m north, returned 58.0 m of 0.58% Cu, 0.39 g/t Au and 1.70 g/t Ag. Combined Zone 1 and Zone 2 mineralization overlies a >1.5 km coincident magnetic, gravity and chargeability anomaly, supporting initial drill targeting as permits and community access advance.
Coppernico Metals (OTCQB: CPPMF, TSX: COPR) reported an exploration update for the Tipicancha copper-gold target at the Sombrero Project in Peru.
Mapping now interprets a >4 km by ~1.5 km hydrothermal footprint, with vertically zoned alteration, a laterally extensive pyrite-rich horizon, and localized near-surface copper enrichment up to 0.44% Cu in shallow pits, supporting drill targeting in coming months.
Coppernico Metals (OTCQB: CPPMF) acquired an option on 600 ha (Horizonte Concessions) adjacent to its Tipicancha target at Sombrero, Peru, and staked an additional 1,400 ha in 2025, expanding the Tipicancha footprint to ~2,000 ha of new ground.
The option grants immediate exploration rights, staged US$3.0M in work over five years, total vendor payments of US$2.0M, and a retained 1% NSR (reducible to 0.5% for US$1.0M). Historical surface sampling and three short RC holes show alteration and anomalous metals but are unverified.
Coppernico Metals (OTCQB: CPPMF) reports gravity, magnetic and photogrammetry surveys at its Sombrero Project (Peru) that refine 3D architecture and structural controls of multiple large skarn‑porphyry targets between Antapampa and Tipicancha.
Key highlights: a ~700 m magnetite‑rich skarn at Fierrazo, >1.5 km Nioc skarn‑porphyry target (untested), Tipicancha lithocap with >1.5 km alteration, planned initial drill programs of ~2,000–2,500 m (potential expansion), and advancing permits and community agreements for 2026–2027 drilling.
Coppernico Metals (OTCQB: CPPMF, TSX: COPR) will participate in the Vancouver Resource Investment Conference on January 25-26, 2026 at the Vancouver Convention Centre. The company will staff Booth #124 and host meetings with investors.
On January 26, Chair and CEO Ivan Bebek will deliver a 10-minute corporate presentation at 1:30 p.m. in Workshop 3 covering Coppernico’s strategy and progress at the Sombrero copper-gold project in Peru. Later that day he will join the Copper Forecast Panel at 3:50 p.m. in the Speaker Hall to discuss copper fundamentals, supply/demand dynamics, and the role of new discoveries.
Coppernico Metals (OTCQB: CPPMF) reported surface channel sampling at the Nioc target (Sombrero) that defines an expanded copper skarn footprint of ~170 m east-west by ~200 m north-south, with mineralization remaining open to the north and south. Key composites include a combined 155 m averaging 0.54% Cu, Channel 071: 164 m @ 0.41% Cu, Channel 072: 126 m @ 0.40% Cu, and Channel 068: 54 m @ 0.92% Cu (incl. 12 m @ 2.82% Cu). Results will be integrated with geophysics to define 2026 drill targets.
Coppernico Metals (OTCQB: CPPMF) provided a 2025 recap and a 2026 outlook focused on advancing exploration at the Sombrero project in Peru.
Key 2025 achievements include completion of the inaugural 20-hole diamond drill program (final 8 holes completed), channel sampling results such as 52 m @ 1.06% Cu and 93.5 m @ 0.87% Cu, identification of a multi-kilometre porphyry target at Tipicancha, and filing an expanded EIA-Sd drill permit for 181 platforms (up from 38). The company reported a 56,000-hectare land position, launched large geophysics work, continued community AGROIDEAS programs, and maintained a zero Total Recorded Incident Frequency Rate.
Coppernico Metals (OTCQB: CPPMF) has started a large-scale geophysical program at its Sombrero copper-gold project in Peru to improve drill targeting and define the mineralized system.
Key elements include ~13,000 ha of UAV magnetic coverage (about 760 line-km), a first-ever 7,000 ha ground gravity survey, integration with existing induced polarization (IP) and geological data for 3D modelling, and contractor Deep Sounding EIRL. Data processing and interpretation will occur over the coming months to guide Phase 2 drill targeting with a 2026 objective to expand the advanced Fierrazo target and test new targets.