Highlights
01A World-Class Copper Deposit
- Open-pit inferred mineral resource of over 6.45 billion lbs of copper at a grade 0.34% and open in all directions
- Potential for Low Strip Ratio + Starter Pit
- Low Altitude - ~1,650 Meters ASL
02With District And Growth Optionality
- Significant Exploration Upside
- Pecoy + Tororume Regional Optionality
- Large Land Package
03To Be 100% Consolidated by Pecoy Copper
- Fractured Ownership Impacted Progress
- To Be Fully Consolidated under a Single Operator for the First Time
04Peru: A World-class Mining Jurisdiction
- Stable & Mining-friendly Culture
- Infrastructure, Predictable Permitting
05Strong Fundamentals for Copper and Gold
- The World Needs a Lot More Copper
About
Pecoy Copper recently signed a series of binding acquisition and option agreements with Copper X Mining Corp., Pembrook Copper Corp., and various private third parties to consolidate ownership of the Pecoy copper-gold-molybdenum project located in southern Peru. Upon closing of the Acquisition Agreements and the RTO, the Company, to be rename Pecoy Copper Corp., will directly or indirectly either own, or hold an option to acquire, all of the properties comprising the Pecoy Project. Closing of the RTO is conditional upon receiving approval from the TSX Venture Exchange for the listing of the common shares of the Company on the TSXV, among other approvals standard for transactions of this nature.
The Pecoy Project covers an area of 9,975 hectares across 19 concessions and is located along the northwest extension of the Southern Peru Porphyry Copper Belt that also hosts the large Cuajone, Toquepala, Quellaveco, Cerro Verde, Zafranal, and Cerro Negro porphyry deposits. Mineralization at the Project is associated with a porphyry copper system featuring well-developed supergene and primary zones, where copper occurs mainly as chalcocite and chalcopyrite. At surface, mineralization is almost totally oxidized. Leached, supergene, copper oxide, enrichment and transitional zones of the porphyry copper deposit are leached to a maximum depth of 200 to 240 m. The secondary enrichment zone has an average approximate thickness of 20 m, with a minimum of 2 meters and a maximum of 70 m. The primary mineralization extends to depths greater than 1,000 m, with significant copper and gold values hosted in breccia bodies and porphyritic intrusions that remain open laterally and at depth.
Pecoy – Resource Statement
| Cut-Off | Tonnage | Grade | Contained | |||
|---|---|---|---|---|---|---|
| % Cu | M tonnes | Cu % | Mo % | Au ppm | Ag ppm | B Lbs Cu |
| 0.15 | 2,278 | 0.24 | 0.010 | 0.03 | 1.10 | 12,053 |
| 0.20 | 1,302 | 0.29 | 0.011 | 0.04 | 1.23 | 8,324 |
| 0.23 | 865 | 0.34 | 0.012 | 0.05 | 1.33 | 6,451 |
| 0.25 | 742 | 0.36 | 0.012 | 0.05 | 1.37 | 5,889 |
Notes [ + ]
- Mineral Resources are not Mineral Reserves and have not demonstrated economic viability.
- The MRE has been categorized in accordance with the CIM Definition Standards (CIM, 2014).
- All figures are rounded to reflect the relative accuracy of the estimates. Minor discrepancies may occur due to rounding to appropriate significant figures.
- The Mineral Resource was estimated by Ms. Muñoz QP (MAIG) of Mining Plus, Independent Qualified Person under NI 43-101.
- The effective date of the Mineral Resource Estimate is 30 April 2025.
- The Mineral Resource is reported inside a whittle pit shell with a cut-off grade of 0.23 % copper, estimated using a copper price of US$/lb 3.25, molybdenum price of US$ 8/lb, gold price of US$ 1,400/oz and silver price of US$ 20/oz.
- Mining Plus is not aware of any legal, political, environmental, or other risks that could materially affect the potential development of the Mineral Resource Estimate
To date, the Pecoy Project includes 121 diamond drill holes totaling 48,576 m of drilling. Drilling has consistently intersected porphyry-style mineralization, with copper, gold, silver, and molybdenum values continuously distributed across the drilled area.
See Latest News for additional details.
Latest News
Team
Vincent Metcalfe
President & CEO, Director
Accomplished senior executive with over 20 years of experience building companies and advancing mining projects. Brings deep expertise in M&A, financial management, and raising capital. Co-Founder of Evolve Royalties and former CEO and Chair of Nomad Royalty, sold to Sandstorm. Recipient of the YMP Peter Munk Award for leadership and innovation in mining.
Paul Matysek
Chairman
Serial entrepreneur, M&A specialist, and geologist with over 40 years of experience in the mining industry. Since 2007 as CEO or Chairman, Mr. Matysek has sold six publicly listed companies, in aggregate worth over $3 billion, with two assets going into commercial production: Bethune Mine - Potash One and Lindero Mine - Goldrock Mines. Most recently, he was the CEO of Gold X Mining Corp. that was sold to Grand Columbia Gold Corp. for approximately $365 million. Mr. Matysek is a recipient of the EY Entrepreneur of the Year for Mining & Resources.
Vincent Cardin-Tremblay
Chief Geological Officer
Accomplished geologist with extensive exploration and mining experience across the Americas and Africa. Served as VP–Geology at Nomad Royalty Company prior to its acquisition by Sandstorm Gold. He has also held senior technical roles at Harte Gold, Golden Star, and IAMGOLD, and worked with Freeport-McMoRan and Glencore.
Luis Zapata
Managing Director – Peru, Director
Finance and mining executive with 15 years of experience in resource development. Mr. Zapata has financed and operated numerous mining and energy projects. Currently serves as CEO of a private Peruvian gold producer, and as President & Director of Axcap Ventures. Held senior roles including Head of Latin American Equities at Canaccord Genuity.
Jerrold Annett
Director
Global mining and capital markets specialist, and metallurgist with 29+ years of experience in mining. Most recently responsible for leading Capstone Copper's investor relations, marketing and metal sales activities. Worked at Teck Resources and Falconbridge as a metallurgist and in metal sales, followed by 10 years in capital markets, including with Scotiabank where he was Head of Mining Institutional Sales. He is a P. Eng. and has a Bachelor of Applied Science in Mining and Mineral Engineering from Queen's University.
Jose Luque
Director
Senior executive with over 30 years of experience building shareholder value. Possesses profound insights in mining operations, M&A negotiations, organizational leadership, project management, financial management and business restructuring. Serves as CEO of Gea Mining which promotes the development of underground mines and exploration of copper porphyry targets. Held senior executive positions in several S&P 500 multinational companies in the US and Latin America.
Disclaimer
The technical information on this website is sourced from the technical report prepared by Maria Muñoz, a qualified person under NI 43-101, for Pecoy Copper Corp. entitled “NI 43-101 Technical Report Mineral Resource Estimate – Pecoy Project having an effective date of April 30, 2025” (the “Pecoy 43-101 Report”). The Pecoy 43-101 Report shall be filed on SEDAR+ by July 2025.
All of the scientific and technical information included in this website with respect to Pecoy Copper has been reviewed and approved by Mr. Vincent Cardin-Tremblay, P.Geo. Mr. Cardin-Tremblay has verified the data underlying the information or opinions contained in such report by reviewing original data certificates and monitoring all of the data collection protocols. Mr. Cardin-Tremblay is a “qualified person” for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). In accordance with applicable Canadian securities laws, all Mineral Resource estimates disclosed or referenced herein are presented in accordance with the disclosure standards of NI 43-101. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.