Mining Stock Education · Tuesday, August 11, 2026
Coppernico Metals has obtained a significant environmental impact assessment permit for its Sombrero copper-gold project in Peru, a process that was expedited to 7-8 months, well ahead of the typical 12-18 months. CEO Ivan Bebek stated this permit is the last one needed for potential mine development and allows for drilling from 181 designated pads. Drilling is anticipated to begin in September or October.
“Generally takes about 12 to 18 months to get this permit. We got it in about 7 to 8 months.”
“This is the last permit we would need in the event that there is a mine there being discovered. They would, this would give us the flexibility to drill off the entire deposit.”
“So we are speculating that we'll get it sometime in September and be ready to drill by September of October of this year.”