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Pecoy Copper Corp. ( (TSE:PCU) ) has shared an announcement.
Pecoy Copper Corp. reported assay results from follow-up drill hole PEC-25-066 at its Pecoy Project in southern Peru, intersecting 1,020.5 meters grading 0.43% copper, 0.09 grams per tonne gold, 1.51 grams per tonne silver and 0.009% molybdenum from 48 meters depth. The hole, collared about 195 meters west of a previous kilometre-scale intercept, confirms broad, continuous mineralization in the South Breccia Zone and includes several higher-grade sections.
Management highlighted that PEC-25-066 extends mineralization roughly 306 meters below the current resource pit shell and ends in strong mineralization, indicating the system remains open at depth. Together with prior hole PEC-25-065, the results demonstrate strong lateral and vertical continuity and support the interpretation of a large, coherent higher-grade domain that could be significant for evaluating a potential starter-pit style development concept in future technical studies.
The most recent analyst rating on (TSE:PCU) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Pecoy Copper Corp. stock, see the TSE:PCU Stock Forecast page.
More about Pecoy Copper Corp.
Pecoy Copper Corp. is a mineral exploration company focused on advancing its 100%-owned Pecoy copper project in southern Peru. The company is targeting large-scale copper, gold, silver and molybdenum mineralization within a porphyry-related system, with current drilling centered on the South Breccia Zone to define higher-grade domains and support potential phased mine development.
Average Trading Volume: 335,685
Technical Sentiment Signal: Strong Buy
See more insights into PCU stock on TipRanks’ Stock Analysis page.