Canada One Acquires 4,836 Ha Copper-GOLD Property Adjacent to Copper Mountain MINE
CANADA ONE MINING CORP.
#250 – 750 West Pender St.
Vancouver, British Columbia, V6C 2T7
CANADA ONE ACQUIRES 4,836 ha COPPER-GOLD PROPERTY ADJACENT TO
COPPER MOUNTAIN MINE
Vancouver, British Columbia, October 7, 2025 – Canada One Mining Corp. (“Canada
One” or the “Company”) (TSXV: CONE) (OTC: COMCF) (FSE: AU31) announce s it has
agreed to acquire a 4,836 -hectare copper-gold property contiguous to the northwest of
Hudbay Minerals’ Copper Mountain Mine, to be known as “Copper Dome North” (the
“Property”).
Under the property purchase agreement, dated October 6, 2025, (the “Agreement”), the
Company will acquire a 100% interest in the Property, from an arm’s-length vendor (the
“Acquisition”). The Acquisition increases the Company’s flagship Copper Dome Project
(“Copper Dome”) size by ~60%, to 12,833 ha (from 7,997 ha) (see Figure 1: Copper Dome Project
Map with Newly Acquired Copper Dome North).
Peter Berdusco, President and CEO , commented: “Though outside the formal Copper
Dome footprint, the Property’s proximity to Copper Mountain and its continuity within the
district’s geologic setting warrant the designation ‘Copper Dome North.’ In addition, the
Property is adjacent to our 100% -owned Goldrop, an un der-explored, historical small -
scale producer of high-grade gold and silver. Together, these factors make the Acquisition
compelling and well suited to a systematic exploration program.”
Copper Dome North Acquisition Terms
The Agreement provides for the 100% acquisition of the Property with no net smelter
return royalty (NSR) in consideration for 250,000 common shares of the Company (the
“Consideration Shares”), valuing the transaction at $12,500 based on a deemed price of
$0.05 per share. The Consideration Shares will be subject to a statutory hold period of
four months and one day from the closing of the Acquisition.
Completion of the Acquisition is subject to customary closing conditions and acceptance
by the TSX Venture Exchang e (the “Exchange”). The Acquisition does not involve any
Non-Arm’s Length Parties (as defined in Exchange policies) . The Company will not
devote the majority of its working capital or resources to the development of Copper Dome
North. The primary focus of the Company remains the exploration and future drilling at
Copper Dome. As a result, the Acquisition does not constitute a “fundamental acquisition”
for the Company within the policies of the Exchange. No finders’ fees or commissions are
payable in connection with the Acquisition.
Figure 1: Copper Dome Project Map with Newly Acquired Copper Dome North
About Copper Dome
Copper Dome is located in the lower Quesnel Trough porphyry belt, one of British
Columbia’s most prolific mining districts. It directly adjoins Hudbay Minerals Inc.’s (TSX:
HBM) producing Copper Mountain Mine to the north which hosts Proven and Probable
Reserves of 702 million tonnes grading 0.24% Cu, 0.09 g/t Au, and 0.72 g/t Ag
(hudbayminerals.com). Multiple mineralized zones have been identified across the Property, with
historical drilling confirming high -grade copper associated with northeast -trending
structures similar to those hosting mineralization at Copper Mountain.
The Project benefits from excellent infrastructure, enabling year -round access, cost -
efficient exploration, and a stable, low-risk jurisdiction.
Historical Work Completed
• Geophysics: 51 km of induced polarization (IP); airborne magnetic and
electromagnetic (EM) coverage over ~50% of the Property
• Sampling: 2,253 soils and 378 rocks collected
• Drilling: 8,900+ m of diamond drilling
• Trenching: Over 1 km excavated
With a five-year drill permit in place, the Company is focused on advancing the Project
toward drill-ready target definition.
About Canada One
Canada One Mining Corp. is a Canadian junior exploration company focused on copper—
the critical metal powering the global energy transition. The Company advances projects
from discovery through resource definition with disciplined, data -driven exploration and
responsible practices. Its flagship Copper Dome Project, located in the well -established
Quesnel Trough Porphyry Belt, targets multiple porphyry copper-gold systems. Canada
One aims to deliver sustainable growth and long -term value for shareholders and local
communities.
Acknowledgement
Canada One acknowledges that Copper Dome is located within the traditional, ancestral
and unceded territory of the Smelqmix People. We recognize and respect their cultural
heritage and relationship to the land, honoring their past, present and future.
Qualified Person
The technical information contained in this news release has been reviewed and
approved by David Mark, P.Geo., an independent Qualified Person for the purposes of
National Instrument 43-101.
Contact Us
For further information, interested parties are encouraged to visit the Company’s website
at www.canadaonemining.com, or contact the Company by email at
[email protected], or by phone at 1.877.844.4661.
On behalf of the Board of Directors of
CANADA ONE MINING CORP.
Peter Berdusco
President
Chief Executive Officer
Interim Chief Financial Officer
Forward-Looking Statements
This press release includes certain "forward -looking information" and "forward -looking statements" (collectively "forward -looking
statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact,
included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward
looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates",
"believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions , or results
"will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this press release relate to, among other things:
statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future res ults may differ materially.
There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially
from those anticipated in such statements. Forward looking statements reflect the beliefs, op inions and projections on the date the
statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective
parties, are inherently subject to significant business, technical, economic, and compet itive uncertainties and contingencies. Many
factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made
assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion
and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements
and information contained in this news release concerning these times. Except as required by law, the Company does not assume
any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except
as required by law.
TSX Venture Exchange Disclaimer
Neither the 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.