Coppernico Reports Significant Surface Channel Sampling Results at Tipicancha Epithermal-Porphyry Target
Coppernico Metals Inc. (CPPMF) has announced significant surface channel sampling results from its Tipicancha target, revealing notable findings including 22 metres of 0.65% copper and 0.77 g/t silver, with a higher-grade section of 10 metres containing 1.14% copper. The company has expanded the alteration footprint by 500m, now spanning approximately 2 kilometres by 400m.
The Tipicancha target displays classic epithermal-style alteration and geochemistry, with potential links to a subsurface porphyry intrusion. Recent geological mapping and systematic rock sampling have demonstrated elevated values of pathfinder elements, suggesting a transition zone from an epithermal to a porphyry environment. The target is expected to be included in the company's Phase 2 drilling program, for which permit applications are in progress.
Coppernico Metals Inc. (CPPMF) ha annunciato risultati significativi dai campionamenti superficiali a canale del suo obiettivo Tipicancha, rivelando scoperte importanti tra cui 22 metri con 0,65% di rame e 0,77 g/t di argento, con una sezione a più alta concentrazione di 10 metri contenente l'1,14% di rame. L'azienda ha ampliato l'area di alterazione di 500 m, arrivando ora a coprire circa 2 chilometri per 400 m.
Il target Tipicancha presenta una classica alterazione e geochimica di tipo epiterma, con possibili collegamenti a un'intrusione porfirica sotterranea. Recenti mappature geologiche e campionamenti sistematici delle rocce hanno mostrato valori elevati di elementi indicatori, suggerendo una zona di transizione da un ambiente epiterma a uno porfirico. Si prevede che il target sarà incluso nel programma di perforazione di Fase 2 dell'azienda, per il quale sono in corso le richieste di permesso.
Coppernico Metals Inc. (CPPMF) ha anunciado resultados significativos de muestreos superficiales en canal de su objetivo Tipicancha, revelando hallazgos notables que incluyen 22 metros con 0,65% de cobre y 0,77 g/t de plata, con una sección de mayor ley de 10 metros que contiene 1,14% de cobre. La compañía ha ampliado la huella de alteración en 500 m, abarcando ahora aproximadamente 2 kilómetros por 400 m.
El objetivo Tipicancha muestra una alteración y geoquímica clásica de tipo epitermal, con posibles vínculos a una intrusión porfírica subterránea. Los recientes mapeos geológicos y muestreos sistemáticos de roca han demostrado valores elevados de elementos trazadores, sugiriendo una zona de transición de un ambiente epitermal a uno porfírico. Se espera que el objetivo sea incluido en el programa de perforación Fase 2 de la compañía, para el cual están en trámite las solicitudes de permisos.
Coppernico Metals Inc. (CPPMF)는 Tipicancha 목표 지점에서의 중요한 지표면 채널 샘플링 결과를 발표했으며, 구리 0.65% 및 은 0.77 g/t을 포함한 22미터 구간과 구리가 1.14%인 10미터의 고등급 구간을 확인했습니다. 회사는 변질대 면적을 500m 확장하여 현재 약 2킬로미터 x 400미터에 이릅니다.
Tipicancha 목표 지점은 전형적인 에피서멀 스타일 변질과 지구화학적 특징을 보이며, 지하의 포피리(intrusion porphyry)와 연관될 가능성이 있습니다. 최근의 지질 매핑과 체계적인 암석 샘플링에서 탐사 지시 원소의 높은 값이 나타나 에피서멀 환경에서 포피리 환경으로의 전이 구역임을 시사합니다. 이 목표 지점은 회사의 2단계 시추 프로그램에 포함될 예정이며, 허가 신청이 진행 중입니다.
Coppernico Metals Inc. (CPPMF) a annoncé des résultats significatifs d'échantillonnage en surface sur son cible Tipicancha, révélant des découvertes notables incluant 22 mètres à 0,65% de cuivre et 0,77 g/t d'argent, avec une section à plus haute teneur de 10 mètres contenant 1,14% de cuivre. La société a étendu la zone d'altération de 500 m, couvrant désormais environ 2 kilomètres par 400 m.
La cible Tipicancha présente une altération et une géochimie typiques de style épithermal, avec des liens potentiels à une intrusion porphyrique en profondeur. Les récentes cartographies géologiques et les échantillonnages systématiques de roches ont montré des valeurs élevées d'éléments traceurs, suggérant une zone de transition d'un environnement épithermal à un environnement porphyrique. La cible devrait être incluse dans le programme de forage de phase 2 de la société, pour lequel les demandes de permis sont en cours.
Coppernico Metals Inc. (CPPMF) hat bedeutende Ergebnisse von Oberflächen-Kanalmessungen an seinem Tipicancha-Ziel bekannt gegeben, darunter 22 Meter mit 0,65% Kupfer und 0,77 g/t Silber, wobei ein höherer Abschnitt von 10 Metern 1,14% Kupfer enthält. Das Unternehmen hat das Alterationsgebiet um 500 m erweitert und umfasst nun etwa 2 Kilometer mal 400 m.
Das Tipicancha-Ziel zeigt klassische epithermale Alterationen und Geochemie mit möglichen Verbindungen zu einer unterirdischen Porphyrintrusion. Jüngste geologische Kartierungen und systematische Gesteinsproben haben erhöhte Werte von Wegweiser-Elementen gezeigt, was auf eine Übergangszone von einem epithermalen zu einem porphyrischen Umfeld hindeutet. Das Ziel soll in das Bohrprogramm der Phase 2 des Unternehmens aufgenommen werden, für das die Genehmigungsanträge in Bearbeitung sind.
- Discovery of significant copper mineralization with 22m of 0.65% Cu and 0.77 g/t Ag
- Expansion of alteration footprint by 500m, now measuring 2km by 400m
- Target to be included in Phase 2 drilling program
- Active surface access agreement in place with Huancasancos community
- Evidence suggesting potential for deeper porphyry copper system
- True widths of mineralization currently unknown
- Early-stage exploration with no defined resource yet
- Pending permit approval required for expanded drilling program
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) (“Coppernico” or the “Company”), is pleased to announce initial surface channel sampling results from the Tipicancha target, a large-scale epithermal system with potential for a porphyry source at depth. Notable results include 22 metres (“m”) of
Recent geological mapping and systematic rock sampling have extended the alteration footprint at Tipicancha by 500 m, now measuring approximately 2 kilometres by 400 m (Figures 1 and 2). The system displays classic epithermal-style alteration and geochemistry, with potential links to a subsurface porphyry intrusion. Ongoing fieldwork continues to extend and refine key alteration and mineralization features, including a semi-continuous pyrite horizon.
Figure 1: A) General geologic map of the Tipicancha target. B) Quartz-kaolinite altered volcanics with ferricrete ledges and subcrops of pyrite. C) Massive pyrite with copper-rich sulfates. D) Native sulfur and copper-rich sulfates coating unconsolidated sediments. E) Pyrite with chalcocite rims.
Ivan Bebek, Chair and CEO of Coppernico, stated, “As we continue to actively explore the extensive and highly prospective land position of our Sombrero Project, we are identifying new compelling targets like Tipicancha. This target is expected to be included in the permitted areas of our Phase 2 drilling program, for which the permit application is underway. Further exploration across Tipicancha and additional areas is ongoing as we advance our growing pipeline of robust copper and precious metals exploration targets.”
Figure 2: Interpreted Geochemical and Alteration mineral assemblage maps at Tipicancha.
Figure 3: Interpreted geologic map showing location of channel samples at Tipicancha
Table 1. Tipicancha Channel Sampling Highlights
| Channel Sample ID | From (m) | To (m) | Interval (m) | Cu % | Ag (g/t) |
| 25SRT-054 | 34.00 | 40.00 | 6.00 | 0.15 | 0.08 |
| 62.00 | 84.00 | 22.00 | 0.65 | 0.77 | |
incl. | 64.00 | 74.00 | 10.00 | 1.14 | 0.20 |
| 25SRT-060 | 0.00 | 34.00 | 34.00 | 0.42 | 4.00 |
| 25SRT-061 | 0.00 | 10.00 | 10.00 | 0.29 | 0.25 |
| Length weighted assay composites. True thickness unknown at time of reporting. No more than 6 m internal dilution (reported values below | |||||
In addition to expanding the Tipicancha alteration and pyrite footprint, Coppernico geologists completed a surface channel sampling program over a 200 m by 200 m area (Figure 3), to define the geochemical character of the pyritic horizon. Channels were completed where outcrops were available and oriented to maximize sample continuity, as the horizon currently shows no preferred orientation. Most samples returned trace to anomalous concentrations of precious metals and copper (Table 1). The sampling results notably also demonstrated elevated values of pathfinder elements such as, molybdenum (Mo), arsenic (As), antimony (Sb) and tin (Sn), typical of the deeper levels of epithermal systems. This suggests that the current surface exposure may represent a transition zone from an epithermal to a porphyry environment consistent with porphyry copper systems1,2 (Figure 4). Copper mineralization within the pyrite horizon is primarily hosted in secondary copper sulfide minerals. Further work is ongoing to determine the dimensions of the pyrite body, and refine the interpretation of the geochemical zonation, and structural and lithologic controls.
Tim Kingsley, VP Exploration, commented, “At Tipicancha we are mapping zonation in an oxidized and leached lithocap environment. Alteration and geochemistry continue to define a vertical transition zone from epithermal to porphyry system with potential to find precious metal-bearing lode structures at depth. The high copper values at this level of the system are significant and demonstrate the potential for more extensive porphyry-related copper mineralization. Tipicancha highlights the presence of multiple mineralization events within the Company’s large land package and the significant exploration potential on the property, which the Company is beginning to reveal with a growing pipeline of targets.”
Figure 4: Generalized alteration-mineralization zoning pattern for telescoped porphyry copper deposits modified from Sillitoe, 20101 and Hedenquist and Arribas, 20222
Importantly, Tipicancha represents a younger and potentially porphyry-epithermal related system compared to the nearby Eocene-aged porphyry-skarn deposits at Ccascabamba, Nioc, and Good Lucky. The alteration and porphyritic dikes at Tipicancha cut through younger volcanic rocks, the same rock units that lie above known skarn mineralization elsewhere on the property.
Tipicancha is located within the Huancasancos community, where Coppernico has an active surface access agreement. The Company is working toward a permit to expand the current drill area, increase the number of drill holes to around 200, and provide for more drill rigs. These latest findings further support advancing Tipicancha as an additional target for the Phase 2 drill program and highlight the strong potential of Coppernico’s portfolio of copper-gold discovery opportunities.
Technical Disclosure and Qualified Person
The scientific and technical information contained in this news release was reviewed and approved by Tim Kingsley, M.Sc., CPG, Coppernico’s VP of Exploration, who is a “Qualified Person” (as defined in NI 43-101).
Quality Control
Analytical samples were taken by chisel and hammer in continuous horizontal lines, typically samples were composited over up to 5 metre lengths per sample, however this may be reduced to 0.5 metres where lithological or significant mineralogical changes were observed in order to accurately reflect the apparent width of mineralisation. Typical sample weights were 1 kg per metre. Samples were collected in cotton bags and given a unique reference number. Approximately 2-3kg of material was collected for analysis and sent to the ALS Lab in Lima, Peru for preparation and analysis. Preparation included crushing the sample to
ON BEHALF OF THE BOARD OF DIRECTORS
Ivan Bebek
Chair & CEO
For further information, please contact:
Coppernico Metals Inc.
Phone: +1 778 729 0600
Email: info@coppernicometals.com
Website: www.coppernicometals.com
Twitter: @CoppernicoMetal
LinkedIn: www.linkedin.com/company/coppernico-metals/
About Coppernico
Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company's objective is to become a leading advanced copper explorer, and through its wholly owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, while regularly reviewing additional premium projects to consider for acquisition.
The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characterized by copper-gold skarn and porphyry systems, and precious metal epithermal systems. The Company’s NI 43-101 technical report, with an effective date of April 17, 2024, and as filed on SEDAR+ on May 23, 2024, focuses on the Ccascabamba and Nioc target areas of the Sombrero Project.
Coppernico Metals Inc. is listed on the Toronto Stock Exchange under the symbol "COPR" and trades on the OTCQB Venture Market under the symbol “CPPMF”. More information about the Company can be found on the Company’s profile on SEDAR+ (www.sedarplus.ca).
Cautionary Note
No regulatory organization has approved the contents hereof.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”). Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend” and similar expressions and include, but are not limited to, statements with respect to: the Company’s drill plans, the interpretation of assay results, identifying targets for future exploration, the potential of the mineralization, the progress and approval of permits, the potential expansion of the mineralization beyond currently permitted areas, and the temporary suspension of drilling and its anticipated resumption. No certainty can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s 2024 Annual Information Form and other continuous disclosure filings with the Canadian Securities Administrators, available at www.sedarplus.ca. These factors are not, and should not be construed as being, exhaustive. Accordingly, readers should not place heavy reliance on forward-looking statements. The forward-looking statements contained in this new release are expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. The Company does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in the Company’s expectations except as otherwise required by applicable legislation.
1 Richard H. Sillitoe (2010); Porphyry Copper Systems. Economic Geology, v. 105, pp. 3-41
2 Jeffrey W. Hedenquist, Antonio Arribas (2022); Exploration Implications of Multiple Formation Environments of Advanced Argillic Minerals. Economic Geology, v. 117, no. 3, pp. 609-643
Photos accompanying this announcement are available at:
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FAQ
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