Highlights

  • Drillhole PEC-25-065 intersected 1,014 metres grading 0.37% Cu, 0.13 g/t Au, 1.33 g/t Ag, and 0.015% Mo from just 17 metres depth, confirming broad, near-surface mineralization.
  • The intercept extends mineralization approximately 624 metres below the current resource pit shell, highlighting significant depth expansion potential.
  • Mineralization remains open at depth, with the hole ending in chalcopyrite-bearing intrusive rock, indicating continued system strength.
  • PCU Share Price Structure Turns Positive Following Rebound from Key Horizontal Trendline Support.

Pecoy Copper Corp. (TSXV: PCU) surged approximately 10% after reporting initial assay results from its ongoing Phase 1 drill program at its 100%-owned Pecoy Project in southern Peru. The company’s first diamond drill hole, PEC-25-065, intersected roughly 1,186 metres of continuous copper-gold-molybdenum-silver mineralization starting near surface. The results confirm the scale and strong vertical continuity of the South Breccia system, significantly extending mineralization below the current resource pit shell and reinforcing the project’s expansion potential.

PCU Stock Rebounds into Spotlight Following Drill Update

Pecoy Copper Corp. reported that hole PEC-25-065 delivered the first continuous deep section through the South Breccia system, intersecting 1,186 metres of continuous copper-gold-molybdenum-silver mineralization from near surface and extending roughly 407 metres below the current pit shell constraint. The hole ended in chalcopyrite-bearing intrusive rocks, supporting a large porphyry-related system that remains open at depth.

Higher-grade intervals were recorded within the broader zone, reinforcing vertical continuity and system scale. The Pecoy Project hosts an inferred resource of 865 Mt at 0.34% Cu (approximately 6.5 billion pounds contained copper), with gold, molybdenum, and silver credits. Phase 1 drilling has completed about 3,000 metres, with further assays pending and additional targets being tested across the property.

Pecoy Copper Tests Structural Base — Bulls Eye Potential Recovery

From a technical standpoint, PCU continues to trade above its key horizontal trendline support, with the recent gap-up open further strengthening an already constructive chart structure. The sharp upside move, supported by elevated trading volumes, reflects robust buying interest and strengthening bullish momentum. This rising trendline now acts as reliable dynamic support, underpinning current price action. As long as PCU maintains levels above this zone, the broader uptrend remains intact, preserving a positive near-term outlook and leaving scope for additional upside extension.

Price action remains constructive, with the stock holding firmly above its 50-period Simple Moving Average (SMA), underscoring sustained near-term strength and an improving trend structure. The 14-period Relative Strength Index (RSI), currently at 54.61, signals building bullish momentum following the recent rebound. On the upside, immediate resistance is seen near CAD 1.95, followed by a stronger hurdle around CAD 2.05, where profit-taking or renewed selling pressure may emerge and temporarily cap further gains unless supported by a decisive increase in trading volume.

Support Zone Defended, Positive Structure Remains

Pecoy Copper Corp. (TSXV: PCU) maintains a constructive outlook supported by strong Phase 1 drill results, which confirmed deep, continuous mineralization and reinforced the scale potential of its porphyry system. Technically, the stock holds above key horizontal support and its 50-period SMA, with improving momentum and strong volume validating the recent rebound. A sustained move above the CAD 1.95–2.05 resistance zone could trigger further upside, while holding current support levels keeps the broader bullish structure intact.