공지 • Apr 08
Pecoy Copper Corp Reports Assay Results from Drill Hole Pec-25-066 At Pecoy Project in Southern Peru
Pecoy Copper Corp. completed drill hole PEC-25-066 as part of its ongoing Phase 1 diamond drill program at its 100%-owned Pecoy Project in southern Peru. Hole PEC-25-066 was drilled in the South Breccia Zone approximately 195 metres west from hole PEC-25-065 and has returned a broad interval of continuous copper-gold-molybdenum-silver mineralization beginning near surface and extending to the end of hole. Together, holes PEC-25-065 and PEC-25-066 have now returned two consecutive kilometre-scale mineralized intervals in the South Breccia Zone, confirming strong lateral and vertical continuity. PEC-25-066 intersected 1,020.50 m at 0.43% Cu, 0.09 g/t Au, 1.51 g/t Ag and 0.009% Mo from 48 m depth, the second kilometre-scale interval in the South Breccia zone. The hole is located approximately 195 m west from PEC-25-065. The mineralization extends approximately 306 metres below the current resource pit shell and ended in mineralization, remaining open at depth. The 1,020.50 m copper interval grades approximately 26% above the current inferred resource grade of 0.34% Cu. The broad interval includes higher-grade sections: 48 m at 0.94% Cu, 0.21 g/t Au, 3.05 g/t Ag, 0.014% Mo from 54 m; 242 m at 0.73% Cu, 0.10 g/t Au, 2.63 g/t Ag, 0.016% Mo from 386 m; 167.85 m at 0.33% Cu, 0.06 g/t Au, 1.05 g/t Ag, 0.006% Mo from 776 m located below the existing resource pit shell; and 18 m at 0.50% Cu, 0.05 g/t Au, 1.48 g/t Ag, 0.029% Mo from 1050 m to end of hole, indicating the system remains open at depth. These results and higher-grade sections further reinforce management’s view that South Breccia may contain a higher-grade domain that could be relevant to the evaluation of a potential starter-pit style development concept in future studies, subject to additional drilling, resource modelling, metallurgical work and economic analysis. Table 1: Significant Intersections Hole PEC-25-066 0.0 1068.5 1068.5 0.41 0.08 0.009 1.45 incl. 48.0 1068.5 1020.5 0.43 0.09 0.009 1.51 incl. 54.0 102.0 48.0 0.94 0.21 0.014 3.05 incl. 358.0 804.1 446.1 0.60 0.08 0.011 2.10 incl. 386.0 628.0 242.0 0.73 0.10 0.016 2.63 incl. 390.0 524.9 134.9 0.85 0.13 0.016 3.13 Below current pit shell incl. 775.85 943.7 167.85 0.33 0.06 0.006 1.05 incl. 1050.2 1068.5 18.30 0.50 0.05 0.029 1.48 incl. 1060.0 1068.5 8.5 0.57 0.05 0.041 1.52 Note: True thickness and widths of the mineralization are currently unknown. Hole PEC-25-066 targeted the South Breccia Zone, where mineralization is hosted within brecciated and altered intrusive rocks and is characterized by chalcopyrite, gold, silver and molybdenite, consistent with a large porphyry-related system. The hole was designed as a follow-up to PEC-25-065 to test the lateral continuity of the South Breccia system and its depth potential. The results from PEC-25-066 confirm another long run of continuous mineralization in the South Breccia Zone and compare favourably with hole PEC-25-065, which previously returned 1,013.75 m grading 0.37% Cu, 0.13 g/t Au, 1.33 g/t Ag and 0.016% Mo from 17 m, including 297.25 m grading 0.52% Cu, 0.07 g/t Au, 1.94 g/t Ag and 0.033% Mo below the current resource pit shell. Hole 066 was collared approximately 195 m west from hole 065 and provides another strong intercept within the same higher-grade South Breccia domain. Hole PEC-25-066 extended continuous mineralization approximately 306 m below the current resource pit shell and ended in strong mineralization at 1,068.5 m. The final 18.3 m averaged 0.50% Cu and 0.029% Mo, and the final 8.5 m of the hole averaged 0.57% Cu and 0.041% Mo, indicating the South Breccia system remains open at depth. The broad interval from 386.0 m to 628.0 m represents the main higher-grade core of the hole and is interpreted to correspond to a coherent potassic-primary South Breccia zone. Within this broader interval, the 134.9 m interval from 390.0 m highlights a stronger internal core. A second broad zone below the current pit shell, from 775.85 m to 943.70 m, demonstrates that meaningful copper-gold-molybdenum mineralization continues well beneath the current resource constraint. The South Breccia represents one of the most advanced and best-defined mineralized breccia bodies at Pecoy and hosts the higher-grade mineralization encountered to date. Drilling has outlined a coherent geometry with strong continuity, and the breccia remains open laterally and at depth, including toward the west beneath alluvial cover. Hole PEC-25-066 provides further evidence of that continuity and reinforces South Breccia as an emerging higher-grade growth area within the broader Pecoy system. To date, approximately 4,911 metres have been drilled during the Phase 1 program, with three holes completed and two additional holes currently in progress. Drilling has now shifted toward testing the Center of the Pit target and Central Breccia areas. Drilling in the South Breccia area will resume once the rainy season ends which is expected at the end April. As drilling activities continue to ramp up, the Company expects to increase from three to five active drill rigs during the summer. The next group of drill holes will focus on the Center of the Pit target and the Central Breccia areas, where drilling is designed to test additional resource growth and higher-grade mineralization potential within the broader Pecoy system. There is very little historical information for the Center of the Pit and Central Breccia areas, as historical drilling in these zones was limited. The target areas represent a 750 metre long by 300 metre wide zone on surface. Table 2: Drillhole information Hole UTM East UTM North Elev (masl) Azimuth Dip Length Drilled (m) Drill Status PEC-25-065 713977 8267284 1899 N0 -80 1186.25 Complete PEC-25-066 713796 8267252 1832 N0 -75 1068.50 Complete PEC-26-067 713104 8268120 1715 N175 -75 1040.00 Complete PEC-26-068 713630 8268000 2007 N180 -75 1007.10 In Progress PEC-26-069 713710 8268037 1998 N180 -70 609.50 In Progress Pecoy Project Highlights Large copper system with an inferred resource of 865 Mt at 0.34% Cu (~6.5 billion pounds contained copper), plus associated gold, molybdenum and silver credits Surface exposure and multiple breccia centres, including the South Breccia Favourable topography at Pecoy Hill, with extensive mineralization expressed at surface and consistent with potential open-pit style geometry Low elevation (~1,650 m) with year-round access and proximity to infrastructure corridors and deep-water ports Additional district-scale upside at Tororume (~8 km north), where all nine historical drill holes intersected mineralization.
