Coppernico Unlocks Sombrero's Potential: Drill Permits Secured!
Share- Nishadil
- September 26, 2025
- 0 Comments
- 2 minutes read
- 2 Views

Vancouver, BC – September 25, 2025 – Coppernico Metals Inc. (TSX-V: CPN) is thrilled to announce a monumental leap forward for its high-potential Sombrero Project in Peru: the successful acquisition of full drill permits. This pivotal achievement follows a strategic amendment to the company's option agreement, a move designed to fast-track exploration and unlock the project's significant copper-gold potential.
The journey to this milestone involved a shrewd re-negotiation of the option agreement with the Peruvian owner.
Recognizing the urgent need to advance exploration, Coppernico Metals and its partner revised the terms, effectively waiving certain cash payments and share issuances originally scheduled for 2024. In their place, the company committed to an accelerated work program, focusing a minimum of US$2,000,000 specifically on drilling and associated costs by December 31, 2024.
This proactive financial realignment was instrumental in streamlining the permitting process.
"Securing full drill permits for Sombrero marks a transformational moment for Coppernico and our shareholders," stated Ivan Bebek, CEO of Coppernico Metals. "This critical step is the culmination of strategic planning and dedicated execution, setting the stage for what we believe could be a game-changing exploration campaign.
The amended agreement allowed us to prioritize on-the-ground work, leading directly to this success. We are now poised to systematically test the high-priority targets that have made Sombrero such a compelling prospect."
The Sombrero Project, located in Peru’s highly prospective Andahuaylas-Yauri belt, has long been identified as a prime location for significant copper-gold porphyry and skarn discoveries.
Historical sampling and geophysical surveys have revealed compelling anomalies, including a substantial 13 km by 6 km magnetic anomaly associated with high-grade copper-gold mineralization at surface. The project's geological setting and prior exploration results strongly indicate the presence of a large-scale mineral system.
With drill permits now in hand, Coppernico is ideally positioned to initiate its maiden drill program.
This program will systematically test the most promising targets, aiming to define the extent and grade of the mineralization. The company’s commitment to responsible exploration, combined with its strong local relationships, ensures that the upcoming work will be conducted with the highest environmental and social standards.
This achievement underscores Coppernico Metals' dedication to maximizing shareholder value through the diligent advancement of its core assets.
The company continues to focus on unlocking the potential of world-class copper-gold porphyry deposits, and the Sombrero Project stands at the forefront of this exciting strategy. Investors can anticipate further updates as Coppernico mobilizes for what promises to be an impactful drilling campaign at Sombrero.
.Disclaimer: This article was generated in part using artificial intelligence and may contain errors or omissions. The content is provided for informational purposes only and does not constitute professional advice. We makes no representations or warranties regarding its accuracy, completeness, or reliability. Readers are advised to verify the information independently before relying on