Coppernico Metals Advances Drilling and Conference Engagements

Drilling Progress at the Sombrero Project

Coppernico Metals Inc. (TSX: COPR) is making strides in its exploration efforts at the Sombrero Project. This ambitious initiative is spearheaded through its Peruvian subsidiary, Sombrero Minerales SAC. The current Phase 1 exploration drill program aims to target copper skarn mineralization in the region, promising potential boon for the company and its investors.

Current Drilling Achievements

As it stands, the company has successfully completed three diamond drill holes, totaling 1,161.1 meters at the Corrales zone. These preliminary exploration efforts are yielding valuable insights that enhance understanding of the geological setting. While the company awaits assay results from these drill holes, the excitement continues to build as they embark on deeper exploration.

Testing New Target Areas

Currently, Coppernico is delving into the Hojota target area, located just 1 km east of the Corrales zone. The fourth diamond drill hole, designated as 24SOM-004, is underway and aims to reach depths of at least 450 meters. This particular target is significant as it sits beneath a channel sample that previously yielded promising results—105 meters at 0.23% copper and 0.13 grams per tonne gold.

Geological Insights and Mineralization Potential

The ongoing drilling of hole 4 is revealing extensive skarn alteration over prolonged intervals and intriguing zones of hematite replacement within the original rock. Throughout the drilling activities, various sulphide minerals such as pyrite, chalcopyrite, and pyrrhotite have been observed extensively. The presence of these minerals, along with the complex network of vein generations, suggests that a robust, multiphase mineralized system is in play, enhancing the prospect of finding significant copper-gold skarn mineralization.

Continued Drilling Strategy

The company’s intention is to persist with the drilling program in the Hojota area, implementing additional widely spaced holes to assess the continuity and scale of the mineralization effectively. The results gained thus far enhance confidence in the models being developed, and ongoing updates will be shared as they progress.

Expert Insights and Future Plans

Tim Kingsley, Coppernico's Vice President of Exploration, conveyed enthusiasm regarding the current exploration efforts. He emphasized the impressive pace at which the team is uncovering geological insights that refine their models. These insights are critical for making informed decisions about the exploration strategy moving forward.

Chair and CEO Ivan Bebek expressed a sense of excitement about this critical phase in the company’s development. He noted the importance of the upcoming quarter filled with results and conference engagements to keep stakeholders informed and invested in the company’s discoveries.

Engagement in Upcoming Fall Conferences

Coppernico is actively engaging in the investment community through a series of conferences this fall. Ivan Bebek will be attending key events to offer updates and meet face-to-face with investors and analysts. This outreach is designed to bolster transparency and communication regarding the progress of the Sombrero Project.

Details of Upcoming Conferences

The following conferences are on Coppernico's agenda:

• **Precious Metals Summit Beaver Creek** - September 10-13, 2024
• **Capital Event Conference Muskoka** - September 27-29, 2024
• **Precious Metals Conference Zurich** - November 11-12, 2024

Presentations from these conferences will be made available on Coppernico's website, allowing a broader audience to access the information shared.

Conclusion

Coppernico continues to make progress in its mission to identify world-class copper-gold deposits in South America. With the ongoing success of the Sombrero Project and upcoming national and international conferences, the company is well-positioned to share its findings and attract further interest from potential investors.

Frequently Asked Questions

What is Coppernico Metals Inc. focusing on with its exploration efforts?

The company is centered on exploring copper-gold skarn deposits at the Sombrero Project in Peru.

What are the upcoming conferences Coppernico will be attending?

Coppernico will take part in the Precious Metals Summit in Beaver Creek, the Capital Event Conference in Muskoka, and the Precious Metals Conference in Zurich.

How many drill holes have been completed at the Sombrero Project?

Three diamond drill holes have been successfully completed so far, with additional drilling ongoing.

What minerals have been observed during the drilling operations?

The drilling has revealed several sulphide minerals, including pyrite, chalcopyrite, and pyrrhotite.

Who is leading the exploration efforts for Coppernico?

Tim Kingsley serves as the Vice President of Exploration, guiding the company's drilling endeavors.

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