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Pecoy Copper Corp. ( (TSE:PCU) ) has issued an update.
Pecoy Copper Corp. reported initial results from its Phase 1 drill program at the Pecoy Project in southern Peru, with first hole PEC-25-065 cutting 1,014 metres of 0.37% copper and 0.13 g/t gold from 17 metres depth. The hole confirms substantial vertical continuity of copper-gold-molybdenum-silver mineralization in the South Breccia system and extends known mineralization about 407 metres below the existing resource pit shell at grades above the current resource average.
The drill hole, which ended in mineralization at 1,186 metres, indicates that the system remains open at depth and supports the interpretation of a large porphyry center beneath the South Breccia Zone. These results strengthen the project’s exploration upside and suggest potential for resource growth and higher-grade zones as the fully funded 2026 drill program focuses on step-out drilling and further delineation of the South Breccia ore body.
The most recent analyst rating on (TSE:PCU) stock is a Buy with a C$2.00 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 copper, gold, molybdenum and silver, advancing its 100%-owned Pecoy Project in southern Peru. The project is centered on a large porphyry-related system, with current work targeting the higher-grade South Breccia Zone to expand and upgrade its existing inferred resource base.
Average Trading Volume: 316,366
Technical Sentiment Signal: Strong Buy
Learn more about PCU stock on TipRanks’ Stock Analysis page.