CA Market News
3月前
CopperCorp Defines Exploration Target of 15-25 Mt at 0.6-0.8% CopperMarch 25, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to announce that the Company has defined an Exploration Target at the Alpine Stellar prospect, part of its 100%-owned AMC Copper Project in western Tasmania, Australia. HighlightsExploration Target* defined at Alpine Stellar of 15-25 Mt grading 0.6-0.8% Cu, containing approximately 120-150 kt of copper (see Table 1 and cautionary statement below).Exploration Target supported by 37 drill holes (9,114 m) defining a mineralized footprint over 600 metres strike length from near surface to at least 440 metres depth, with the system remaining open down dip.High-grade copper zones intercepted near the base of drilling (including 23.0m @ 1.14% Cu from 393m, AP0361) indicate the system remains strong at depth, supporting additional exploration potential.District-scale growth potential with multiple target areas identified along-trend and within a 10-20 km radius of Alpine Stellar Zone (Figure 1), and field exploration programs in progress.Alpine is 100% owned by CopperCorp and benefits from sealed road access, renewable grid power and a mining-supportive jurisdiction in western Tasmania.Alpine Stellar Zone Exploration Target*ProspectTonnage Range
(Million tonnes)Grade Range
(% Copper)Contained Copper Range
(Thousand tonnes)Alpine Stellar 15 - 250.6 - 0.8120 - 150Table 1. Alpine Stellar Exploration Target ranges.*Exploration Target Cautionary StatementThe potential quantity and grade of the Exploration Target at Alpine Stellar are conceptual in nature. There has been insufficient exploration to define a Mineral Resource, and it is uncertain whether further exploration will result in the determination of a Mineral Resource. The Exploration Target has not been evaluated for reasonable prospects of eventual economic extraction.Alpine Stellar is CopperCorp's most advanced exploration prospect within the AMC Project license block area south of the Savage River iron ore mine. It is situated on the western side of the district that contains the largest operating mines in Tasmania including Renison Bell (Sn), Rosebery (Zn-Pb-Cu-Au-Ag), Savage River (Fe) and Henty (Au) which combined are the most significant contributors to the GDP of the state. Alpine Stellar was last reported on by the Company in December 20221. The recent review of Alpine Stellar was undertaken as part of a re-evaluation of all advanced prospects held in the Company's portfolio. Stephen Swatton, President and CEO of CopperCorp commented: "The work completed to establish an Exploration Target at Alpine Stellar reflects a strategic decision to re-evaluate this prospect. The Company is currently evaluating options for infill and expansion drilling at Alpine Stellar. The Company's objective is to evaluate the potential to define a Mineral Resource in accordance with NI 43-101 standards through further exploration. The Company now has two emerging copper opportunities, Alpine and Jukes, the latter is currently being drilled and is located 10 km along strike from the 300 Mt Mount Lyell copper mine.Alpine Stellar is 60km north-west of Jukes and both locations already benefit from substantial technical and infrastructure de-risking. The Alpine Stellar Exploration Target calculation is supported by 37 drill holes, providing a strong foundation for advancing the project through targeted infill drilling. Beyond that, deeper drilling has confirmed strong copper grades at the base of current drilling, highlighting the potential to expand the system at depth.Alpine Stellar also stands out for its location and infrastructural advantages, including sealed road access, renewable power and water, in a low-altitude, mining-supportive jurisdiction. Its occurrence in the Arthur Metamorphic Complex (AMC), now recognized as an overlooked and emerging Proterozoic IOCG belt, provides excellent district-scale exploration potential. The Exploration Target at Alpine Stellar offers a compelling platform for growth as we look to recommence systematic advancement of this emerging copper opportunity." Alpine Stellar Exploration TargetAn 'Exploration Target' under the JORC Code (2012) is a statement or estimate of the exploration potential of a mineral deposit in a defined geological setting where the statement or estimate, related to Exploration Results, cannot be reported as a Mineral Resource.The Exploration Target was defined using block model estimation based on wireframed >0.3% Cu mineralized domains interpreted from drill hole data. The reported potential quantity and grade range reflects grade-tonnage relationships evaluated at 0.3% and 0.45% Cu cut-off grades within the domains, with the upper tonnage/lower grade case derived from the 0.3% cut-off and the lower tonnage/higher grade case derived from the 0.45% cut-off.The Exploration Target comprises a series of mineralized domains defined over approximately 600 metres of strike length (Figure 1). Mineralization has been intersected in drilling from near surface beneath shallow cover (locally 0-40 metres depth) to approximately 440 metres below surface. Interpreted domains extend up to 550 metres below surface, with individual domains varying in size and extent depending on drill density and interpreted geological continuity. Drilling indicates that the system remains open at depth and locally along strike.The Exploration Target was established to provide an early-stage conceptual assessment of the potential quantity and grade of the Alpine Stellar copper system, and to support internal evaluation of further advancement of the project. It is an early-stage assessment that may help guide further exploration, but it is not a Mineral Resource or Mineral Reserve and should not be treated as such. It has not been evaluated for reasonable prospects of eventual economic extraction, and takes no account of geological complexity, possible mining method or metallurgical recovery factors.The Exploration Target is based on current geological understanding of the mineralization geometry, subsurface geochemistry and project geology. This is provided by an exploration drill hole database comprising 37 diamond core drill holes totalling 9,114m completed by CopperCorp and historical operators across the Alpine Stellar prospect area.Further details regarding the methodology used to define the Exploration Target are provided in the "Technical Disclosure and Exploration Target Basis" section below.Next StepsThe Company is evaluating follow-up drill program options to advance the Alpine Stellar Exploration Target. Potential work includes infill and expansion drilling.Within the current Exploration Target, high-grade (>1% Cu) zones have been intersected in multiple drill holes, however, drill spacing remains wide in many parts of the system, limiting the current level of geological confidence but highlighting an opportunity to expand high-grade domains through targeted drilling.The Company is currently assessing several additional target areas along strike within the broader Alpine corridor, with ongoing geological mapping and soil sampling programs aimed at refining and prioritising these opportunities within a 10-20 kilometre radius of Alpine Stellar (Figure 1). The Company looks forward to providing further updates on these targets as work progresses.Figure 1. Map showing location of the Alpine Stellar and adjacent prospects in the Company's southern AMC Project area. Also shown are neighboring tenement holders (mostly ASX listed), and the location of operating mines and other development projects in the district.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/289821_0346a18054355b7c_002full.jpgFigure 2. Plan view map of the Alpine Stellar prospect showing Exploration Target domain shells and drill holes on 1VD magnetic pseudo-colour image. Interpreted mineralized domains based on current drilling. This map does not define a Mineral Resource.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/289821_0346a18054355b7c_003full.jpgFigure 3. 3D oblique view (looking southwest through section line A-A' on Figure 2) showing Alpine Stellar zone Exploration Target domain shells (>0.3% Cu domains) and existing drill holes. Interpreted mineralized domains based on current drilling. Not a Mineral Resource.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/289821_0346a18054355b7c_004full.jpgTechnical Disclosure and Exploration Target BasisInformation on previous exploration activities and results at the Alpine Prospect are included in the Company's Technical Report with an effective date of 18 April 20215, and previous CopperCorp TSX-V News Releases1-4 as listed in the References section. No new exploration drilling results are reported in this announcement.The Exploration Target for the Alpine Stellar Zone was developed using mineralized domains constructed in Surpac software, informed by drillhole geological logging and geochemical assay data. Domain wireframes were interpreted on a sectional basis and constrained by geological understanding of the mineralized system, with consideration given to continuity along strike and down dip.Mineralized domains were defined for various case studies using copper grade thresholds of >0.1%, >0.3% and >0.5% Cu. The Exploration Target is based on the >0.3% Cu domain, which was considered to provide an appropriate and balanced representation of the mineralized system at the current stage of exploration.Domain interpretation was guided primarily by grade continuity, supported by geological observations. Minimum downhole widths of approximately 5 metres at >0.3% Cu and 3 metres at >0.5% Cu were applied, with limited internal dilution incorporated to maintain geological continuity. Domain extents were generally constrained to areas supported by drilling and extended down dip where geological continuity was considered reasonable. Individual domains vary in extent depending on drill density and geological confidence.The Exploration Target is supported by data from 37 diamond drill holes totaling 9,114 metres, completed by CopperCorp and historical operators. Drillhole assay data was composited to 2-meter intervals prior to grade estimation, and bulk density values were assigned using measurements from the drill database.Several interpolation methods, including Ordinary Kriging, Inverse Distance Weighting and Nearest Neighbour estimation, were evaluated. Nearest Neighbour estimation was selected for the Exploration Target as it was considered to best preserve grade distribution between drillholes and provide geologically reasonable results at the current level of drill spacing.Grade-tonnage curves generated from the block model were used to evaluate the range of potential tonnes and grades across a range of copper cut-off grades. The reported potential quantity and grade range of the Exploration Target reflects grade-tonnage relationships evaluated at 0.3% and 0.45% copper cut-off grade scenarios, with the upper tonnage/lower grade case derived from the 0.3% cut-off and the lower tonnage/higher grade case derived from the 0.45% cut-off. The Exploration Target range reported reflects the uncertainty inherent in the current level of drilling and sensitivity to copper cut-off grades.The potential quantity and grade of the Exploration Target on the Alpine Stellar Zone are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Project ("NI 43- 101"), and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource. About the Alpine ProspectThe Alpine prospect was discovered by CRA Exploration in the early 1980's after following up an airborne magnetic survey with gridding, ground magnetics, and soil geochemistry followed by two diamond drill holes in 1985. Stellar Resources drilled a further 19 holes between 2006 and 2008. The historical, wide-spaced drilling intersected significant IOCG style copper mineralization. CopperCorp gained ownership of the prospect in 2019 and between 2020-2022 drilled a further 16 holes for 5,490m in the Alpine Stellar zone.IOCG style mineralization at Alpine is hosted in intensely deformed and metamorphosed amphibolites, mafic and pelitic schists, graphitic phyllites and carbonates belonging to the Bowry Formation of the Arthur Metamorphic Complex. Copper mineralization is associated with multiple sub-parallel magnetite-hematite-siderite-sulphide lenses in strongly silica-siderite altered chlorite schists. Mineralization consists mainly of chalcopyrite with lesser covellite and bornite. Additional chalcopyrite-pyrite breccia, vein and disseminated mineralization is hosted in silica-siderite altered and veined quartzites and schists adjacent to the ironstone lenses. Mineralization remains open at depth, providing an opportunity for deeper drilling to test for extensions of the system below the current limits of drilling. Strong copper intercepts near the base of the current drill footprint, include1:AP034: 5.0m @ 2.06% Cu from 187.0m, within 31.6m @ 0.64% Cu from 177.7mAP035: 18.0m @ 0.90% Cu from 238m, within 45.0m @ 0.62% Cu from 217.0m AP036: 23.0m @ 1.14% Cu from 393m, within 92.0m @ 0.50% Cu from 334.0mGeological interpretation indicates that the host structural and stratigraphic framework at Alpine has the potential for repetition of favourable host sequences related to folding and structural offsets. This provides scope for the identification of additional mineralized zones in close proximity to the current Exploration Target.The Alpine Stellar prospect benefits from excellent infrastructure access, including sealed roads, grid power and water, and is located at low altitude in a stable regulatory environment. These attributes provide a strong foundation for efficient exploration and support the potential for accelerated development pathways.Qualified PersonThe Company's disclosure of technical or scientific information in this news release, including the Alpine Stellar Exploration Target, was prepared and approved by Sean Westbrook, a Qualified Person for the Company as defined in National Instrument 43-101. Mr. Westbrook is a director and technical consultant to the Company. This news release may contain information about adjacent properties on which the Company does not have an interest. The Qualified Person has been unable to verify the information on these adjacent properties, and the information is not necessarily indicative of the mineralization on the properties that are the subject of this news release.About CopperCorpCopperCorp Resources Corp. is an Australian-focused copper exploration and development company with a dominant land position in western Tasmania, a globally recognised mining jurisdiction with a long history of copper production.References1CPER: TSXV News Release 7th December 2022 - CopperCorp Intercepts 92m at 0.50% Cu, including 23.0m at 1.14% Cu at Alpine Stellar Zone.
2CPER: TSXV News Release 3rd October 2022 - CopperCorp Intercepts High Grade Copper at Alpine Stellar Zone.
3CPER: TSXV News Release 8th June 2022 - CopperCorp Intersects Intervals of 54.2m @ 0.49% Cu and 106.0m @ 0.31% Cu in Hole AP027A at Alpine, starting 34m down hole.
4CPER: TSXV News Release 11th May 2022 - CopperCorp Intersects 43.0m at 0.62% Cu in Initial Drilling at Alpine Stellar Zone
5Independent Technical Report on EL2/2018 Tasmania Australia. Prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Properties (NI 43-101). Effective date: 18 April 2021.Contact:
Stephen Swatton
President, CEO & Director
stephen@coppercorpinc.comAdditional information about CopperCorp can be found on its website: www.coppercorpinc.com and at www.sedarplus.ca CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation relating to, among other things, the Alpine Prospect and the Alpine Stellar prospect Exploration Target, the results of previous exploration work, interpretation of the nature of the mineralization at the Company's projects, the Company's plans and expectations regarding future exploration and drilling at Alpine Stellar and nearby prospects and the timing thereof; the merits of the Company's mineral projects and its other plans.Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interprets", "intends", "estimates", "projects", "aims", "suggests", "often", "target", "future", "likely", "pending", "potential", "goal", "objective", "prospective", "possibly", "preliminary" and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and that such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.Factors that could cause future results to differ materially from those anticipated in forward-looking statements include risks associated with the timing and outcome of the approval process for planned drill programs; that the Company may experience difficulties in exploration and drilling and carrying out related work; the timing and content of upcoming work programs; geological interpretations based on geophysical and drilling data that may change with more detailed information; possible accidents; the possibility that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with the Company's expectations; increases in costs; environmental compliance and changes in environmental and other local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.Forward-looking statements are based on a number of assumptions, including management's assumptions about the following: the availability of financing for the Company's exploration activities; operating and exploration costs; the Company's ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental approvals; market competition; and general business and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289821
Original: CopperCorp Defines Exploration Target of 15-25 Mt at 0.6-0.8% Copper
CA Market News
3月前
CopperCorp Delivers Additional High-Grade Copper Intercepts at Jukes, including 13m @ 2.01% CuEqMarch 10, 2026 7:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to provide an exploration update from Jukes, the Company's 100% owned Cu-Au prospect in western Tasmania, Australia, where the Phase 2 drilling program has intersected both broad zones of near-surface mineralization and deeper, higher-grade copper-gold-silver intersections. HighlightsJDD007 intersected a broad zone of near-surface mineralization including:36.0m @ 0.54% Cu, 0.13g/t Au, 1.84g/t Ag (0.64% CuEq) from 66m, including12.0m @ 0.77% Cu, 0.20g/t Au, 1.18g/t Ag (0.92% CuEq) from 69.0m, and4.0m @ 0.98% Cu, 0.17g/t Au, 5.1g/t Ag (1.13% CuEq) from 89.0mAt depth JDD007 intersected multiple high-grade structural Cu-Au lodes including:13.0m @ 1.18% Cu, 1.14g/t Au, 3.93g/t Ag (2.01% CuEq) from 205.0m, including1.0m @ 6.28% Cu, 12.2g/t Au, 9.27g/t Ag (14.91% CuEq) from 206.0m, and1.15m @ 5.34% Cu, 1.72g/t Au, 24.80g/t Ag (6.72% Cu Eq) from 213.85mThe broad zone successfully extends fault-bound chalcopyrite copper mineralization beneath historical adit workings and remains open along strike. Drilling is underway to test the down-dip extension of this near-surface mineralization. High-grade mineralization at depth is associated with semi-massive chalcopyrite breccia veins and supports an emerging high-grade lode model at Jukes. An additional drill site located 100m west of JDD007 is being established. The new drill site will enable step out drilling along strike to the west to further test the shallower, broad zone of chalcopyrite mineralization. Multiple high-grade copper-gold zones are identified within the broader hydrothermal system at Jukes. Drilling to date has confirmed Cu-Au-Ag mineralization over a drilled strike length of at least 350 m and from near surface to depths exceeding 500 m vertically. Importantly, large portions of the Jukes system remain untested.Stephen Swatton, President and CEO of CopperCorp, commented:"This year's drill program (Phase 2) at Jukes has delivered strong results: Phase 1 and Phase 2 drilling have both confirmed that high grade copper-gold-silver mineralization remains open both along-strike and at depth. Accordingly, we are re-opening historical road tracks to access new drill sites west of where CopperCorp has drilled to date, this will enable us to test unexplained IP geophysical targets. It appears that the mineralization east of JDD001 and JDD007 is largely faulted out so the potential for further continuous copper-gold grade is anticipated to be located to the west and north.These results are highly encouraging for Jukes and for the broader portfolio of prospects that we are advancing adjacent and along trend from Mount Lyell, including Linda, Hydes, Sumpters, and Marigold. These are just a few of the many targets within the 25 km-long prospective belt that is 100%-owned by CopperCorp. Our neighbour, Sibanye-Stillwater, recently released an updated mineral reserve estimate and feasibility study for the Mount Lyell deposit1, located along strike from Jukes Prospect. The updated mineral estimate for the Mount Lyell deposit includes proved and probable reserves of 54.6 Mt at 0.88% Cu and 0.2 g/t Au (approximately 478,000 tonnes of in-situ copper and 350,000 ounces of in-situ gold). The Mount Lyell feasibility study envisages a 3 Mtpa operation with an initial 23-year mine life, producing approximately 26,000 tonnes of copper and 16,000 ounces of gold in concentrate annually."Jukes Phase 2 Drilling UpdateCopperCorp has now completed 7 diamond drill holes totaling 2,829m at Jukes that have tested approximately 350m of strike-length to depths of up to 500m below surface (Figure 1). Assays have recently been received for 3 holes (JDD005, JDD006, and JDD007) with significant intercepts shown in Table 1. JDD007 tested beneath the historical Jukes No.3 Main Adit workings along strike from Phase 1 drill hole JDD0016,2. JDD007 successfully intersected a broad zone of copper-gold mineralization from 66m associated with chalcopyrite mineralization in chlorite-siderite alteration adjacent to the bounding Jukes Fault. Additionally, a zone of high-grade gold-copper mineralization was intersected from 205m, hosted within structurally controlled semi-massive chalcopyrite-siderite breccia veins. Photos of both styles of mineralization are shown in Figure 2. These latest drill results from JDD007 continue to demonstrate that favourable structural conditions capable of focusing higher-grade mineralization are developed at multiple positions within the broader Jukes system. In most holes drilled to date, high-grade lode-style mineralization occurs within discrete, structurally controlled zones within broader envelopes of alteration and disseminated sulphides. The potential for multiple depth-extensive high-grade lodes at Jukes is considered a highly encouraging sign this early in the exploration process.Hole NumberFrom (m)To (m)Interval (m)Cu (%)Au (g/t)Ag (g/t)CuEq* (%)JDD00766.0122.056.00.420.101.580.50Including66.010236.00.540.131.840.64Including69.081.012.00.770.201.180.92and89.093.04.00.980.175.101.13JDD007205.0218.013.01.181.143.932.01Including206.0207.01.06.2812.29.2714.91and213.85215.01.155.341.7224.86.72
JDD00533.039.06.00.310.092.460.39JDD00573.090.017.00.130.090.940.20
JDD00614.078.064.00.150.092.150.23including63.078.015.00.200.101.700.28 Table 1: Jukes prospect significant drillhole mineralized intercepts for CopperCorp Phase 2 drilling (new results - this announcement). Reported grades are calculated as down-hole length weighted averages. Intercepts are downhole intervals. *Copper Equivalent CalculationsCopper equivalent (CuEq) values used throughout this announcement have been calculated using the formula CuEq (%) = Cu(%) + Au(g/t) x 0.702 + Ag(g/t) x 0.00695, based on metal prices of US$4.20/lb copper, US$2,600/oz gold and US$30/oz silver. Metallurgical recoveries of 90% for copper, 70% for gold and 60% for silver have been assumed. Recovery assumptions are based on historical metallurgical performance from the nearby Mt Lyell copper-gold mining operations, which exploited mineralization of similar style and broadly comparable mineralogy to that observed at the Jukes prospect. No metallurgical test work has been completed on mineralization from the Jukes prospect, and actual recoveries may differ from those assumed.Copper equivalent values are expressed as percentages and are calculated by converting gold and silver grades to copper equivalent using the stated metal prices and recoveries and summing these with the copper grade. CuEq values are provided for exploration comparison purposes only and should not be interpreted as an estimate of economic value.Jukes Prospect Overview The Jukes prospect represents the most advanced copper-gold target within CopperCorp's 100% owned Razorback property and is located approximately 10 km south of the Sibanye-Stillwater owned Mt Lyell copper-gold mining camp (historical production of ~3 Mt contained copper and ~3 Moz contained gold). Jukes is interpreted to host a large, structurally controlled hydrothermal Cu-Au system with IOCG style affinities developed within the same volcanic host rock package and in a similar structural setting to the Mt Lyell system.The prospect is characterized by strong, coherent IP chargeability, magnetic, and geochemical anomalies that define a prospective footprint of at least 700 m in strike length (open) and approximately 400 m in width. Drilling to date has confirmed Cu-Au-Ag mineralization over a drilled strike length of at least 350 m and from near surface to depths exceeding 500 m vertically. Importantly, mineralization remains open in all directions, and large portions of the interpreted geophysical footprint remain untested.Drilling and sampling completed to date at the Jukes prospect consistently demonstrates that the system is mineralized and capable of generating high-grade copper-gold mineralization. Every drillhole completed by CopperCorp at Jukes to date has intersected Cu-Au-Ag mineralization, a highly encouraging outcome given the limited amount of drilling completed across a large target area.Next StepsPhase 2 drilling at the Jukes prospect will continue into 2026 and drilling of JDD008 has commenced. Drilling will prioritise step-outs along strike and at depth from existing high-grade mineralised intercepts. In parallel, exploration activities are also advancing at the Marigold, Hydes and Linda target areas at Razorback, and the Company looks forward to providing further updates as work progresses at both this prospect and encouraging grassroots exploration on the AMC Project.Contact:
Stephen Swatton
President, CEO & Director
stephen@coppercorpinc.com Additional information about CopperCorp can be found on its website: www.coppercorpinc.com and at www.sedarplus.ca. About CopperCorpCopperCorp is a TSX.V listed (TSXV: CPER) exploration company focused on the exploration and development of its Skyline, and AMC copper-gold-REE projects in western Tasmania. Refer to the CopperCorp website at www.coppercorpinc.com for further information.Qualified Person & National Instrument 43-101 DisclosureThe technical and scientific information in this news release has been reviewed and approved by Sean Westbrook, a Director of CopperCorp, who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.Information on historical and recent prospecting, mining, and exploration activities at the Jukes prospect contained within this news release has been reviewed and verified by the Qualified Person. In the opinion of the Qualified Person, sufficient verification of historical and new data has been undertaken to provide sufficient confidence that past exploration programs were performed to adequate industry standards and the data reported is fit for substantiating the prospectivity of the project in general, supporting the geological model/s proposed, planning exploration programs, and identifying targets for further investigation.This news release may contain information about adjacent properties on which the Company does not have an interest. The Qualified Person has not verified the information, and it is not necessarily indicative of the mineralization on the Company's properties.Sampling, QAQC and Analytical ProceduresThe Jukes diamond core drill holes are drilled at HQ and NQ core diameters using triple tube to maximize recovery. Core recovery was generally good in mineralized zones (95-100%). Sample collection was supervised by CopperCorp geological staff. Mineralized zones are marked up for sampling by an experienced geologist. Half core is split by diamond saw on nominal 1.0m sample lengths while respecting geological contacts. Samples are bagged and ticketed prior to delivery by Company personnel to the ALS commercial laboratories in Burnie, Tasmania, for sample preparation. The half core samples are crushed to 80% passing 3.1mm, rotary split to 750g and then pulverized to pass 75um. Duplicate sampling is conducted every 20 samples to assess variability of the assay pulp. Cu and multi-element assay is by 4-acid digest followed by ICP-MS at ALS laboratories by method ME-ICP61r. Over-range (high-grade) Cu samples are further assayed by method Cu-OG62. Au assay is by 30g fire assay at ALS laboratories by method Au-AA25. Certified reference materials (CRMs), blank and duplicate QAQC samples are included in sample submissions at 20 sample intervals. All QAQC samples were within acceptable limits (2 standard deviations for CRMs, duplicates Figure 1. Jukes prospect results summary site plan with JDD007 and Jukes No.3 Adit Channel Sampling results (see tables attached to this announcement for full intercept details). Copper assay results are shown in percentage for historical drilling, CopperCorp drilling and CopperCorp channel sampling. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/287851_coppercorp1.jpgFigure 2. Mineralization photos of JDD007: A) Broad chalcopyrite chlorite-siderite zone adjacent to Jukes Fault (100.8m, from a 1m intersection that returned 0.93% Cu); B) Chalcopyrite-siderite breccia vein cementing orthoclase-altered wall rock clasts (206.5m, from a 1 m intersection that returned 6.2% Cu) C) chalcopyrite minor-siderite vein (213.85m, from a 0.75 m intersection that returned 6.0% Cu) D) Siderite-chalcopyrite vein (214.6m, from an 0.4 m intersection that returned 4.0% Cu).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/287851_d8a3f9f344f6b977_003full.jpgFigure 3. Southern Skyline Project properties and exploration target areas with magnetics TMI RTP image.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/287851_d8a3f9f344f6b977_004full.jpgFigure 4. Location of the Razorback property and the Jukes Zone target area relative to the Mt Lyell copper-gold mine. Blue outlines are CopperCorp's 100% owned licenses.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/287851_d8a3f9f344f6b977_005full.jpgAppendix A: Jukes Prospect Drill Hole Location Data (CopperCorp Phase 1 and Phase 2 Drilling)Drillhole IDEasting
GDA94Northing GDA94Elevation
mRLLength
(m)DipAzimuthNotesJDD0013836705331179622214.0-50258Phase 1JDD0023836705331179622310.0-75254Phase 1JDD002W13836705331179622530.0-75254Wedge hole off JDD002 at 67.5m downholeJDD0033834915331426562254.9-70280Phase 2JDD0043834845331422562354.4-50119Phase 2JDD0053833795331441545332.8-6545Phase 2JDD0063834845331422562545.3-5082Phase 2JDD0073836755331180622287.5-55276Phase 2 Table 2. Jukes prospect CopperCorp Phase 1 (2024) and Phase 2 (2025) drill hole location and summary data.Appendix B: Jukes Prospect Significant Drill Hole Cu-Au Mineralized Intervals (CopperCorp Phase 1 & 2 Drilling - previously reported)Hole NumberFrom (m)To (m)Interval (m)Cu (%)Au (g/t)Ag (g/t)CuEq* (%)JDD00172.0204.0132.00.350.191.500.49including72.097.025.00.750.41.621.04including85.094.09.00.810.761.601.35and128.5138.610.10.940.694.271.45including135.5138.63.12.172.19.253.71and194.0204.010.00.670.294.430.90JDD002122.2137.014.80.180.010.930.19JDD002W1498.0548.050.00.660.273.570.87including498.0518.020.00.760.173.320.90and529.0548.019.00.860.485.581.24including545.4547.452.054.201.6629.165.57JDD002W1121.0140.019.00.110.020.490.13JDD002W1214.0220.06.00.170.060.480.22JDD002W1400.0424.024.00.170.081.100.23JDD002W1463.0468.05.00.350.085.640.45JDD002W1489.0492.03.00.340.091.670.41JDD003150.0177.227.20.340.142.600.46Including166.0175.09.00.810.216.201.00Including169.0171.02.02.000.5615.82.50JDD00470.075.25.21.320.127.421.46including71.875.23.41.750.179.3319.3JDD00492.0130.038.00.520.102.530.61Including92.693.61.06.950.5323.47.48and109.9122.512.60.750.153.430.88Including109.9111.01.12.050.729.552.62and121.5122.51.05.750.5217.256.23JDD004200.0225.025.00.350.211.920.51Including204.0214.010.00.730.434.111.06Including206.0207.01.02.500.569.642.96and212.0214.02.01.391.1110.072.24 Table 3. Jukes prospect significant drillhole mineralized intercepts for CopperCorp Phase 1 & 2 drilling (previously reported2,5,6). Reported grades are calculated as down-hole length weighted averages. Intercepts are downhole intervals.CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation relating the Company's expectations and plans regarding the Skyline Project, Razorback property and the Jukes and Hydes prospects in Tasmania; plans for future exploration and drilling at the Jukes and Hydes prospects and the timing of same; the merits of the Company's mineral projects and other plans of the Company. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "encouraging", "expects", "plans", "anticipates", "believes", "interpret", "intends", "estimates", "projects", "aims", "suggests", "often", "target", "future", "likely", "pending", "potential", "goal", "objective", "prospective", "possibly", "preliminary" and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and that such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.Factors that could cause future results to differ materially from those anticipated in forward-looking statements include risks associated the timing and outcome of the approval process for planned drill programs; that the Company may experience difficulties in exploration and drilling and carrying out related work; the timing and content of upcoming work programs; geological interpretations based on geophysical and drilling data that may change with more detailed information; possible accidents; the possibility that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with the Company's expectations; increases in costs; environmental compliance and changes in environmental and other local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.Forward-looking statements are based on a number of assumptions, including management's assumptions about the following: the availability of financing for the Company's exploration activities; operating and exploration costs; the Company's ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental approvals; market competition; and general business and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287851
Original: CopperCorp Delivers Additional High-Grade Copper Intercepts at Jukes, including 13m @ 2.01% CuEq
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