QC Copper and Gold Inc (QCCU)

The City of Chapais and QC Copper & Gold Establish a Framework for Collaboration on Opémiska

Chapais, Quebec – July 24, 2024 – The City of Chapais and the metal exploration company QC Copper & Gold have implemented an official working group to ensure the exploration and development of the Opémiska project within the city limits of Chapais are conducted according to the highest industry standards. The working group, City/Mine Group (CMG) is a forum for constructive dialogue to ensure that the Opémiska project is explored and developed according to the values and expectations of Chapais citizens while maximizing economic benefits.

What is the City/Mine Group?
The CMG allows representatives from QC Copper & Gold and the Chapais leadership team to discuss issues transparently and on an equal footing. Each meeting is facilitated by the advisory company Transfert Environnement et Société, which then produces a report and sets a schedule for each party's commitments to ensure that the meetings yield results.

"We are grateful to the City of Chapais for its initiative and invitation to explore and develop the Opémiska project. Our collaboration with the City of Chapais is essential, and we are committed to maintaining this partnership. We aim for a harmonious approach that benefits both the Opémiska project and the local community. With these objectives in mind, we are committed to presenting a respectful and socially responsible project, considering the proximity to Chapais," said Guy Le Bel, President of QC Copper & Gold.

Conditions for Project Support
Regarding Chapais's interest in mining development, Chapais is clear about its conditions: "We are open to welcoming projects on our territory, but our expectations are high. Thus far, everything suggests that the project proposed by QC Copper & Gold will continue to respect municipal values such as harmony, nature protection, and citizens' well-being. This is our top priority," commented the Mayor of Chapais, Mr. Jacques Fortin.

Commitment to the Local Economy
The City of Chapais also welcomes QC Copper & Gold's commitment to the regional economy through its local procurement policy, a key element in strengthening Chapais's economy. The President of QC Copper & Gold adds: "We are committed to being an active and responsible partner in the development and prosperity of Chapais. Our local procurement policy is designed to encourage job creation and ensure long-term economic growth for the community." The Opémiska mining project is in preparation for its preliminary economic study with further information on Opémiska available on QC Copper & Gold's website.

To consult the work of the CMG, visit the Chapais' website under the "Affaires et économie" section.

About the City of Chapais
Chapais is a city in Northern Quebec, in the James Bay territory, rich in mining history and focused on responsible and sustainable economic development. Nestled in the heart of the boreal forest and bordered by majestic lakes and wild rivers, the Chapais community offers young families of all backgrounds an unparalleled living environment and experience. An open, welcoming, tolerant society that loves life in the great outdoors, Chapais will entirely satisfy any enthusiast of a healthy, safe, and exciting life: hiking, wildlife and flora observation, family bike excursions, sport fishing and hunting, snowmobiling and ATV rides, river kayaking, snowshoeing and cross-country skiing, climbing, community gardens, and picking wild berries and mushrooms.

About QC Copper & Gold
QC Copper is dedicated to advancing its Opémiska copper mining complex, a former producer in the Chapais region of Quebec. The company recently published an updated resource estimate, reporting a robust inventory of Mineral Resource in Measured and Indicated Mineral Resources of 2.1 billion lbs of copper equivalent contained in 97.5 million tonnes and Inferred Mineral Resources of 157 million lbs of copper equivalent contained in 11.0 million tonnes.

QP Statement
The technical information contained in this news release has been reviewed and approved by Charles Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold, a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

Media Contacts :

Mr. Jacques Fortin, Mayor of Chapais :

Phone : 418 745-2511, extension 30227
Email : jfortin@villedechapais.com


Guy Le Bel, President of QC Copper & Gold :

Phone : 514 654-8550
Email : glebel@oregroup.ca

QC Copper Provides Corporate and Technical Update

Highlights:

A Scoping Study is underway as a part of engineering studies that will inform the Opemiska Preliminary Economic Assessment.
Preparation of a drilling program within the MRE pit focused on areas with lower information density
Current historical data compilation at Cooke & Robitaille to understand mineralization and identify high-potential drill targets
QC Copper continues to receive and evaluate potential strategic interests

Toronto, ON – July 2, 2024 – QC Copper and Gold Inc. ("QC Copper" or the "Company") (QCCU:TSXV | QCCUF:OTCQB) is pleased to announce corporate updates and updates about its flagship Opemiska Copper Project (“Opemiska”).

General Corporate Update
Since the release of the MRE in January 2024 and subsequent appointment of Guy Le Bel as President of the Company in February 2024, QC Copper has focused on increasing its presence within the Chapais community, and interactions with Chapais leadership. QC Copper is intent on fostering positive community relationships and be good, socially responsible operators.

Preliminary Economic Assessment
In preparation for a preliminary economic assessment (the “PEA”), QC Copper has commenced initial engineering studies at Springer and Perry, the current extent of Opemiska’s 2.204 billion pound copper equivalent resource. Engineering studies include evaluating mine plan scenarios and optimizing pit shells, production, and processing rates to maximize Opemiska’s economics and mitigate impacts on the town of Chapais.

As part of the studies, QC Copper has prepared a diamond drill program within the MRE pit area to define additional resources and confirm a new structural interpretation in the Saddle Zone.

Cooke & Robitaille
The Company is near the completion of compiling historical drilling and geological data on Cooke & Robitaille, the third and fourth mine that comprises the Opemiska, to further understand the mineralization and geological controls and design a drill program with high-potential targets. Cooke & Robitaille are past-producing mines and represent the potential to increase Opemiska’s current resource, with the Company intersecting 0.72% Copper Equivalent over 22.5 metres in its Winter 2024 drill program.

Location of Cooke & Robitaille

Strategic Partnerships and Growth Opportunities
With the release of the MRE in January 2024, QC Copper has received significant interest from corporates and potential strategic partners. As such, QC Copper will be hosting site visits for interested strategic parties this Summer/Fall 2024. Additionally, the Company continues to evaluate growth opportunities on an asset level as well as a corporate level to establish itself as Canada’s preeminent copper exploration company.

QP Statement
The technical information contained in this news release has been reviewed and approved by Charles Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold, a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

For the latest videos from QC Copper, Ore Group and all things mining, subscribe to our YouTube Chanel: youtube.com/@theoregroup

For information and updates on QC Copper and Gold, please visit: www.qccopper.com

And please follow us on Twitter @qccoppergold

To speak to the Company directly, please contact:
Stephen Stewart, Chief Executive Officer
Phone: 416.644.1571
Email: sstewart@qccopper.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. QC Copper and Gold Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to QC Copper and Gold Inc. Additional information identifying risks and uncertainties is contained in filings by QC Copper and Gold Inc. with Canadian securities regulators, which filings are available under QC Copper and Gold Inc. profile at www.sedarplus.ca.

https://mailchi.mp/e0a9d875fda4/qc-copper-provides-corporate-and-technical-update?e=dd61c235e8

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QC Copper Updates on the Opemiska: Canada's Highest-Grade Open Pit Deposit


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March 2024 Presentation

https://qccopper.com/site/assets/files/2670/qc_copper_investor_presentation_2024_04_27v2.pdf

Developing Canada's Highest Grade Open Pit Copper Deposit | QC Copper and Gold Inc.



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