Pecoy Copper Corp. (“Pecoy Copper” or the “Company”) (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) is pleased to announce that the first drill has officially began turning at the Company’s flagship Pecoy Project. A second drill is expected to commence operations within the next few days, with additional drill rigs to mobilize in 2026. This significant milestone marks the beginning of the first drilling exploration program since 2016 at the flagship Pecoy Copper-Gold-Molybdenum-Silver Project (“Pecoy” or the “Project”) located in southern Peru.
Drill Program Overview
- The initial drill hole has commenced in the South Breccia zone. (see Figure 1)
- A second drill rig is mobilizing to target the Center Pit zone. (see Figure 1)
- Multiple drill rigs will enable systematic testing of high-priority targets across multiple identified zones, increasing efficiency and coverage.
- This marks the first drilling at Pecoy since 2016
Vincent Metcalfe, Chief Executive Officer of Pecoy Copper, commented: “We are thrilled to restart drilling at our flagship Pecoy Project after nearly a decade. Historical exploration results, together with our updated geological interpretation, have identified several targets for further evaluation, including areas with potential for resource confirmation, re-classification and expansion. This includes a zone within the South Breccia area that may represent a higher-grade area of interest and will be tested as part of the current program. In addition, the broader porphyry system and land package contain multiple areas that remain underexplored and warrant systematic follow-up. The multi-phased drill program is designed to evaluate these targets while responsibly advancing the Project. The program is supported by established community partnerships, ongoing development of on-site infrastructure, and continued local hiring initiatives.”
The first drill hole (PEC25-065), commenced from a platform located in the South Breccia zone and is targeting high-grade continuity a depth. Assay results will be released once received and validated.
The Company will continue to provide updates on drilling progress, program expansion, and exploration objectives as activities advance.
Full Comprehensive Geological Review
A comprehensive review of the geological model for the Pecoy deposit and the Tororume project was completed by the Pecoy Copper technical team, with support from several porphyry-specialist consultants. The work included extensive re-logging and re-interpretation of the majority of the key historical drill core. This 16-day intensive on-site program was supported by Umberto Brockway, a highly regarded porphyry specialist. This review has materially advanced the Company’s understanding of the Pecoy and of the Tororume systems.
The results will inform the sequencing and tempo of the upcoming drill program and refine exploration targeting across the Project. The updated geological framework will provide a foundation for assessing growth potential, mineralization geometry, and controls at Pecoy, while guiding ongoing and future exploration at Tororume.
Figure 1: Target Zones with Initial Planned Holes – PEC25-065, 066 and 067
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