PECOY COPPER CORP. O.N.

Pecoy Copper released results from six diamond drill holes (5,678.3 m) on the 100% company‑owned Pecoy project in southern Peru. Hole PEC26-072 returned 804.0 m at 0.34% copper and 0.08 g/t gold, including 485.2 m at 0.40% Cu and 100.8 m at 0.56% Cu; PEC26-067 showed intervals up to 1.90% Cu. To date in the current campaign more than 16,000 m have been drilled, 16 holes completed and three more in progress, as part of a 35,000-meter program planned for 2026. The project hosts a derived resource of 865 million tonnes at 0.34% copper. » Mere på de.investing.com

Pecoy Copper has appointed Javier del Rio, Senior Vice President of Hudbay Minerals’ U.S. unit, to its board of directors effective immediately. The appointment is intended to bring operational and strategic expertise to the development of the Pecoy copper‑gold‑molybdenum‑silver project in Arequipa and is subject to approval by the TSX Venture Exchange. The board granted del Rio options on 40,000 common shares at an exercise price of $1.66 per share, with a three‑year vesting schedule and a five‑year term. Pecoy Copper noted strong share price gains (over 104% in the past year; +31% in six months), while analysts point to possible overvaluation relative to fair‑value estimates. » Mere på de.investing.com