Coppernico advances Tipicancha copper-gold target ahead of initial drilling

VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3) (“Coppernico” or the “Company”) is pleased to provide an exploration update on the Tipicancha epithermal-porphyry copper-gold target at its Sombrero Project in Peru. Geological mapping has defined a large hydrothermal alteration footprint containing locally developed advanced argillic cores (Figure 1), now extending over more than four kilometres (“km”), consistent with a district-scale hydrothermal framework with potential for a porphyry-related source at depth (Figure 2). Shallow excavation sampling has confirmed near-surface copper enrichment and further refined the continuity of the sulfide-rich hydrothermal horizon.

Ongoing mapping increasingly defines vertical and lateral alteration zonation and structural controls which will inform the upcoming drill program. Highlights Hydrothermal Footprint Expansion and Definition: Systematic mapping is materially refining the scale, geometry and structural framework of the Tipicancha hydrothermal footprint, now interpreted to extend over more than 4 km in length. Continuous Pyrite Horizon and Copper Enrichment Confirmed: Shallow excavation sampling has further defined continuity of a laterally extensive pyrite-rich hydrothermal horizon and confirmed localized copper enrichment within mixed oxide-sulfide zones.

Geochemistry Supports Potential Porphyry Mineralization at Depth: Multi-element geochemistry (Cu-Mo-Se-S) and pathfinder enrichment characteristic of high-sulfidation environments continue to support interpretation of a vertically zoned magmatic-hydrothermal system with potential for deeper porphyry-related mineralization. Structural Corridors Provide Drill Targeting Vectors: Structural interpretation identifies ENE-WSW corridors and intersecting NNE-trending structures that appear to focus alteration, sulfide development, and copper enrichment, providing explicit vectors for initial drill targeti