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Coppernico Metals Provides Drilling Update on the Sombrero Project and Announces Participation in Upcoming Fall Conferences
VANCOUVER, British Columbia, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR) (“Coppernico” or the “Company”), is pleased to provide an upd
About this update from Coppernico Metals Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR) (“Coppernico” or the “Company”), is pleased to provide an update on its ongoing Phase 1 exploration drill program. Drilling is being conducted through its Peruvian subsidiary, Sombrero Minerales SAC, at its Sombrero Project in Peru, which is targeting copper skarn mineralization. To date, the Company has successfully completed three diamond drill holes for a total of 1,161.1 metres at the Corrales zone (Figure 1), where preliminary findings have provided valuable insights into the geological setting and potential of the project. Assay results for the first three holes are pending. Figure 1 – Planned Drill Holes in the Ccascabamba Area (~30 total, with 3 completed and 1 currently in progress) Coppernico is now testing the Hojota target area, located approximately 1 km to the east of Corrales, where the fourth diamond drill hole (24SOM-004) is currently underway (Figure 1). This fourth hole is drilling underneath channel sample 18SRT-09 which intersected 105 m @ 0.23% Cu and 0.13 g/t Au1. The hole is planned to be extended to at least 450 m in order to intersect an area of elevated chargeability (+20 mV) (Figure 2). Figure 2 – Cross-section of hole 4 and planned extension to intersect area of elevated chargeability This fourth hole exhibits significant skarn alteration over long intervals, as well as zones of strong hematite (iron) replacement of original rock (Figure 3). Sulphide minerals including pyrite, chalcopyrite and pyrrhotite are present throughout and several intervals show a complex network of overprinting vein generations more than one of which contains chalcopyrite (Figures 4 and 5). These geological characteristics suggest a robust and multiphase mineralized system and further strengthen the potential for significant copper-gold skarn mineralization at this target. Figure 3 – Zones of strong hematite (iron) replacement of original rock in fourth hole Figure 4 - Zones with high concentrations of sulphide minerals including pyrite, chalcopyrite and pyrrhotite in fourth hole Figure 5 - Zones with high concentrations of sulphide minerals including pyrite, chalcopyrite and pyrrhotite in fourth hole The Company intends to continue its drilling program in this target area, with additional widely spaced holes, to further asses...