Can 40,000m of Drilling Turn a Big Copper Deposit Into a Mine? | Pecoy Copper Interview

Why It Matters

Validating Pcoy’s size and grade could unlock a low‑cost copper mine, attracting major capital and reshaping Peru’s copper supply landscape.

Key Takeaways

• 40,000‑meter drill program targets five zones at Pcoy copper project
• Consolidated land ownership unlocks 6.5 Mt inferred resource at 34% Cu
• Low strip ratio and high grade enable potential starter pit economics
• Metallurgical tests show 88% Cu recovery, 70% Mo, 45% Au
• Additional drilling aims to define higher‑grade core and expand resource

Summary

The interview focuses on Pecoy Copper’s flagship Pcoy project in southern Peru, where the company has launched a 40,000‑meter drilling campaign across five targets to test the scale and continuity of its newly announced 6.5 million‑ton inferred resource averaging 34% copper. Management highlighted that fragmented ownership once stalled development, but recent land‑package consolidation now allows the resource to be fully evaluated and potentially upgraded. Key data points include a low strip‑ratio, hill‑top geometry that favors open‑pit mining, and metallurgical results indicating 88% copper recovery, roughly 70% molybdenum, and 45% gold recovery. The company also plans a parallel metallurgical program to improve gold recovery and to confirm the feasibility of producing separate copper and molybdenum concentrates. During the discussion, executives emphasized that the current resource is entirely inferred and open‑ended, with drill results already suggesting a higher‑grade core that could support a starter pit delivering early cash flow. They noted that lowering the cut‑off grade to 2% copper expands the tonnage to over 1.3 billion tons, underscoring significant upside potential. If the drilling validates a larger, higher‑grade body, Pcoy could become an attractive acquisition target for major miners seeking low‑cost, high‑grade copper assets in a geopolitically stable region. The upcoming results will likely drive the next financing round and shape the company’s path toward a definitive feasibility study.

Original Description

❗PECOY COPPER HAS PAID FOR THIS VIDEO. Terrahutton doesn't only make the invisible, investable, they also sponsored this video, making it free of YouTube ads: https://www.terrahutton.io/.

Watch all Pecoy Copper CEO Interviews here: https://youtube.com/playlist?list=PLUxgfzcPuWKsxfKw6QuDNGx2md3Y44wxm&si=GOuUrD96nF40_GyQ

By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.

In general, viewers, listeners, and readers are encouraged to understand that this YouTube channel is a business that aims to receive compensation for the creation & publication of content. Viewers, listeners, and readers should should always assume there is a conflict of interest, as well biases. Viewers, listeners, and readers cannot and should not rely on anything said herein and are encouraged to conduct their own research as seek professional help.

The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.

By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.

Nobody involved in the production of this publication is a licensed investment advisor.

The views and opinions expressed in this interview are those of the guest and do not represent the views of Resource Talks and/or its affiliates and/or their personnel.

No recommendations are being made to buy or sell any securities in this video.

The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it.

The minimum risk on anything mentioned in this publication is 100% loss of capital.

Read official company filings on www.SedarPlus.ca.

Timestamps:

00:00:00 Chapters

00:00:13 Very Important Warning

00:01:11 Pecoy Copper Company Overview

00:04:17 Why is the Pecoy project not yet developed?

00:06:48 What size/grade works at Pecoy?

00:10:58 What recoveries are they assuming?

00:12:26 What concentrate would Pecoy produce?

00:13:28 Is this shape actually mineable?

00:16:11 What is the current drilling trying to add?

00:20:04 How big could Pecoy get?

00:22:26 How repeatable are Pecoy's latest grades?

00:22:55 Could those grades lift the average?

00:25:32 How important are the veins?

00:26:55 What drives the highest copper grades?

00:27:54 Where is the gold?

00:28:44 How uniform is grade across the breccias?

00:29:33 How do the breccias differ?

00:30:38 Does the potassic alteration improve the grade?

00:31:38 How deep does the potassic zone start?

00:31:58 What does moly at depth say about zoning?

00:33:34 Does higher moly complicate metallurgy?

00:34:52 Could some zones behave differently metallurgically?

00:35:50 Where is the source intrusion?

00:38:26 Are the breccias feeders?

00:39:38 How is the breccia-intrusive transition interpreted?

00:40:57 Is chasing depth worth it?

00:41:52 What underground grade would Pecoy need?

00:42:59 How much does 2026 depend on a higher-grade core?

00:46:33 What is a drillable target at Pecoy?

00:48:18 Is 40,000 metres enough for a resource update?

00:49:09 How tight must drill spacing be?

00:50:10 When should Pecoy start a PEA?

00:54:57 Are Pecoy and Tororume connected?

00:56:26 What would success at Tororume look like?

00:58:18 When will Tororume results come?

00:58:47 How many rigs will both projects use?

00:58:58 How long will 40,000 metres take?

00:59:09 Will weather stop drilling?

01:01:40 What worries them most geologically?

01:03:23 What is the biggest program risk?

01:04:20 How efficient is the program?

01:13:49 Very Important Warning - DO NOT SKIP

This is a Pecoy Copper interview with CEO, Vincent Metcalfe & Chief Geological Officer, Vincent Cardin-Tremblay.