09:19 AM EDT, 03/28/2025 (MT Newswires) -- CUPANI Metals ( ICPLF ) , which jumped 25% on Thursday, said on Friday that its 2025 fieldwork will mainly consist of heliborne exploration programs like geological, geochemical and geophysical surveys, and drilling and trenching programs.

The company said several drilling contractors have been contacted of whom four have submitted bids based upon 4,000 meters initial phase drilling.

CUPANI received approval from the Kativik Regional Government for its planned 2025-2026 fieldwork program inclusive of trenching and drilling, last week. The company expects ATI and forest intervention permits to be issued in the upcoming weeks and added that permits for additional exploration camp sites are being reviewed by the government, including an application for the lease to buy the Retty camp.

Exploration work assessment report of 2024 will be filed shortly to the MRNF and will be available on SIGEOM and on Cupani's website in the next weeks.