financetom
Business
financetom
/
Business
/
Coppernico Metals Reports Remaining Assays From Phase One Drilling at Sombrero Project in Peru
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Coppernico Metals Reports Remaining Assays From Phase One Drilling at Sombrero Project in Peru
May 26, 2025 7:37 AM

08:14 AM EDT, 05/14/2025 (MT Newswires) -- Coppernico Metals ( CPPMF ) provided Wednesday the remaining assays from its phase one drill program at the Sombrero project in Peru.

Results include 9.85 meters at 0.26% copper and 0.46 grams per tonne gold, and 9.40 meters at 0.19% copper. According to Coppernico, drilling to date has not yet defined the limits of the skarn system, with mineralization and alteration vectoring high-priority opportunities well beyond the currently permitted area.

Meanwhile, surface mapping, geophysical data and historical drilling suggest continuity and highlights the potential for the discovery of major extensions in future phases, the company said.

"As we deepen our understanding of the Sombrero system, our confidence in the size and potential of the broader district continues to grow," said Ivan Bebek, chair and CEO of Coppernico. "These early drill results confirm our belief that we are only beginning to unlock the value of this largely underexplored, yet highly promising, land package."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved