One drill hole at Pecoy Copper’s project in southern Peru returned mineralized copper and gold across 804 meters, more than three-quarters of a kilometer of continuous core. The company has drilled roughly a fifth of its planned meterage for the year, and it just got its third look at a zone that keeps growing every time a new hole goes into it.
Pecoy Copper Extends South Breccia With an 804-Meter Copper-Gold Intercept
Pecoy Copper Corp. (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) reported assay results on September 1 from six diamond drill holes at its 100%-owned Pecoy Copper-Gold-Molybdenum-Silver Project in southern Peru’s Arequipa region. Hole PEC26-072 intersected 804.0 meters grading 0.34% copper and 0.08 g/t gold from 24.0 meters, including 485.2 meters at 0.40% copper and 0.09 g/t gold, and a higher-grade core of 100.8 meters at 0.56% copper and 0.13 g/t gold. The hole was collared roughly 166 meters west of a previously reported hole, and together with two earlier results, it marks the third widely spaced hole at the South Breccia zone to return a broad copper-gold intercept, supporting the case for westward expansion. The company is careful to note that additional drilling and three-dimensional modeling are still required to confirm continuity and true thickness between the three holes; the reported intervals are downhole lengths, not true widths.
Outside South Breccia, hole PEC26-067 returned the strongest near-surface result in this batch at the Northwest target: 209.0 meters at 0.40% copper from just 15.0 meters depth, including 42.3 meters at 1.01% copper and 11.1 meters at 1.90% copper. The same hole also hit a separate, deeper interval of 296.0 meters at 0.24% copper below the historical resource pit shell, extending known mineralization at Northwest both near surface and at depth. CEO Vincent Metcalfe called the combination of shallow position, width and grade a compelling second priority behind South Breccia.
A 6.5-Billion-Pound Copper System With Room Left to Grow
Pecoy already carries a substantial base to build on. The project hosts a current inferred mineral resource of 865 million tonnes at 0.34% copper, equivalent to roughly 6.5 billion pounds of contained copper, plus associated gold, molybdenum, and silver credits, based on an NI 43-101 technical report with an effective date of April 30, 2025. The current 2026 program targets approximately 35,000 meters, compared with roughly 49,000 meters of historical drilling completed before this campaign began; as of this release, just over 16,000 meters had been drilled, with 16 holes completed and three more in progress, putting the company at roughly the halfway point by meterage and earlier in terms of holes reported.
Peru carries real jurisdiction risk around permitting timelines and community relations that applies to any exploration asset there, though Pecoy’s specific site has some practical advantages: it sits at a relatively low elevation of about 1,650 meters, has year-round road access, and is within roughly 240 kilometers of the deep-water port of Matarani. The company also points to a district-scale target at Tororume, roughly 8 kilometers north, where all nine historical drill holes intersected mineralization but which has seen no drilling under the current program.
The Remaining Meters, 3D Modeling at South Breccia, and Northwest Follow-Up Drilling to Watch
Pecoy Copper has roughly 19,000 meters left in its 35,000-meter 2026 program, with three holes currently in progress. The company says it will prioritize lateral expansion drilling to test how far South Breccia extends to the west, along with follow-up drilling at Northwest to define the geometry and continuity of both the shallow and deeper mineralized intervals reported this week. Results from the Centre-of-Pit and North-Central target areas reported in the same release will feed into an updated three-dimensional geological model as drilling continues.
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Editorial Disclosure
This article is based entirely on publicly available information, specifically Pecoy Copper Corp.’s own press release distributed via GlobeNewswire and its underlying NI 43-101 technical report filed on SEDAR+. The only security discussed is Pecoy Copper Corp. (TSXV: PCU; FSE: D5E; OTCQB: PCUUF). aktiego.com has not received any compensation from Pecoy Copper, its management, investor relations representatives, or any third party. No staff member or principal of aktiego.com holds a position in this security at the time of publication.
All drill intervals reported in this article are downhole lengths; true widths have not yet been determined, per the company’s own release. The company explicitly states that its six reported holes do not establish that separate target areas (South Breccia, Northwest, Centre-of-Pit, North-Central) form one continuous mineralized body, and that additional drilling and three-dimensional modeling are required to confirm continuity and true thickness even within South Breccia itself. The 865-million-tonne inferred resource cited in this article is entirely in the Inferred category, the lowest-confidence classification under National Instrument 43-101 (“NI 43-101”); Inferred resources carry a higher level of geological uncertainty than Measured or Indicated resources and are not assured to be upgraded to a higher-confidence category or to be economically mineable. Mineral resources are not mineral reserves and have not been demonstrated to have economic viability. The qualified person named in the underlying release, Vincent Cardin-Tremblay, P.Geo., is Pecoy Copper’s own Chief Geological Officer, a related-party relationship worth noting.
Pecoy’s project is located in Peru, a jurisdiction that carries permitting, community-relations, and broader operating-environment risk applicable to any exploration or development asset there, independent of the specific site advantages described in this article. Statements regarding the remaining 2026 drill program, follow-up drilling priorities, and future modeling are forward-looking and not guaranteed; actual results, timing, and future resource or economic outcomes could differ materially, including due to exploration, financing, permitting, and market risks described in the company’s continuous-disclosure filings on SEDAR+.
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