Coppernico Amends Option Agreement at Sombrero to Advance Drill Permits

About this update from Coppernico Metals Inc.

[{"type":"text","content":"Coppernico Amends Option Agreement at Sombrero to Advance Drill Permits\n\n\n\n VANCOUVER, British Columbia, Sept. 25, 2025 (GLOBE NEWSWIRE) --\n \n Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3)\n \n (“Coppernico” or the “Company”), through its wholly owned Peruvian subsidiary, Sombrero Minerales SAC, is pleased to announce that it has amended agreements (the “Amendments”) in relation to its existing option with Aceros Arequipa S.A. (“Aceros”) (the “Aceros Option”), which includes three key concessions covering Nioc and Fierrazo, two cornerstone targets in the unfolding district-scale copper-gold Sombrero Project in Peru (Figure 1).\n \n\n\n Key Highlights of the Amendments\n \n\n\n\n The term of the Aceros Option has been extended, providing the Company until December 13, 2029 to complete the remaining work expenditures required under the first phase of the agreement.\n \n\n The Amendments give the Company the opportunity to now fully explore, and importantly, once permitted, drill the Fierrazo target.\n \n\n Historical drilling at Fierrazo returned values including 116 metres (“m”) of 0.42% copper (“Cu”) and 0.24 g/t gold (“Au”), 90.4 m of 0.48% Cu and 0.05 g/t Au, and 51 m of 0.43% Cu and 0.16 g/t Au (Table 1 – see news release dated June 13, 2019, issued by predecessor Auryn Resources, now Fury Gold Mines, for related technical disclosures).\n \n\n\n\n The Company has assumed responsibility for rehabilitating historical and future environmental disturbances at Fierrazo, with a reclamation plan underway.\n \n\n\n With the Amendments in place, the Company plans to initiate surface exploration at Fierrazo and continues to advance permits for drilling with the imminent filing of its Environmental Impact Assessment – Semi-detailed (“EIA-Sd”) permit application.\n \n\n\n Ivan Bebek, Chair and CEO of Coppernico, commented,\n \n “We are pleased to have amended our option agreement with Aceros, reflecting the collaborative nature of the relationship. This Amendment is an important step toward securing drill permits for our Fierrazo target, which we are advancing.\n \n\n Engaging with local communities and stakeholders has been a top priority for the Sombrero Project since its ...

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