Coppernico Metals (COPR.TO) plans to drill test the Tipicancha copper-gold target at its Sombrero project in Peru, the company said Monday.
Systematic mapping is materially refining the scale, geometry and structural framework of the target, which is now interpreted to extend over more than 4 kilometers in length, the company said.
"The partially outcropping Tipicancha target is emerging as one of our most compelling exploration targets at Sombrero, which we plan to drill test in the coming months," Chair and Chief Executive Officer Ivan Bebek said.
"The strong correlation between surface sampling in areas of limited bedrock exposure, recent geophysical studies, and these latest results continues to strengthen our confidence in the near-surface continuity of the pyrite-copper horizon," Bebek added.