Cupani Metals Corporation has commenced its summer drilling program at the Blue Lake copper-nickel-platinum group metals project, located 65 kilometres northeast of Schefferville, Quebec.

The 100% owned property covers 682 square kilometres of exploration claims. The summer campaign is planned for approximately 12 holes totaling between 2,000 and 3,000 metres. Work focuses on testing the up-dip of mineralization intersected in discovery hole CUP26-06 and targeting the area between that collar and nine known copper-nickel-PGM bearing magmatic sulphide lenses located nearly 1.5 kilometres to the northwest.

The first hole, CUP26-07, is being drilled from the same location as discovery hole CUP26-06 with a 50-degree dip and a 030 azimuth. Since early July, Cupani has carried out prospecting and mapping across the area for surface indications, such as favourable host rocks with sulphide blebs and net textured sulphides, to integrate with geophysics for drill targeting.

“Cupani is testing its mineralisation models on where to find more copper nickel mineralisation in trend with the known lenses. Copper is priced at record highs with a supply shortage predicted. The time is right for exploration.”

— Brian Bosse, CEO

Prior to the drilling launch, Cupani staked one new claim near the project on 23 June 2026.

In connection with early warning requirements, President, CEO and Director Brian Bosse indirectly acquired 225,000 common shares of the company. The transaction brings his total control and direction to 37,723,805 shares and 1,700,000 convertible securities, representing 21.66% of the issued and outstanding shares, or 22.41% on a partially diluted basis.

Trading volume on 11 August 2026 reached 197,020 shares, compared to the 50-day average of 108,819 shares.

Read the full announcement: Drilling has begun at Blue Lake Copper Nickel PGM project and Early Warning Disclosure