Interra Completes the Stars Copper Project Acquisition
CSE: IMCX WWW.INTERRACOPPERCORP.COM
INTERRA COMPLETES THE STARS COPPER PROJECT ACQUISITION
January 9, 2025, VANCOUVER, British Columbia – Interra Copper Corp. (CSE: IMCX; OTCQB: IMIMF;
FRA: 3MX) (“Interra” or the “Company”) is pleased to announce that subject to exchange approval it
has completed the purchase of mineral claims from Aurwest Resources Corporation (CSE: AWR)
("Aurwest") and has acquired the 100% right, title, and interest in the Stars Property (the “Property”),
a post discovery porphyry copper-molybdenum project, covering 3,761 hectares (“ha”) in central
British Columbia (the “Acquisition”). Terms of the Acquisition can be viewed in the Company’s
October 7, 2024, press release.
Highlights of the Stars Property:
• Road accessible, 3,761 ha property in a top tier exploration and mining district, the Bulkley
Porphyry Belt.
• A 230 X 180 metre (“m”) domain (the “Tana Zone”) of chalcopyrite-molybdenite-bornite quartz
stockwork that has been intersected from surface to greater than 350 m depth. The zone is
open in two directions as well as to depth. Drill Intersection highlights include:
o 0.466% Cu over 195.07 m* in drill hole DD18SS004 from 23.47 m
o 0.200% Cu over 396.67 m* in drill hole DD18SS010 from 29.37 m
o 0.205% Cu over 207.27 m* in drill hole DD18SS015 from 163.98 m
• A highly prospective, approximately 5 X 2.5 kilometre (“km”), annular magnetic anomaly that
is interpreted to represent an altered monzonite intrusion and surrounding hornfels (Fig. 1).
• Numerous underexplored soil and induced polarization geophysical targets within the larger
magnetic anomaly (Fig. 1).
Brian Thurston, President & CEO of Interra, commented : "Completion of the Stars Property
acquisition is transformative for Interra and we welcome Aurwest as a new strategic investor with an 18.73%
position in the Company. Interra now controls 9,693 ha covering the Stars Property and prospective
surrounding area with two complementary exploration upsides being an established zone of higher-grade
mineralization that Interra can grow and define, and a much broader under -explored area with high
potential for new discovery. Combined with the recently acquired and contiguous 5,389 ha Stellar Property,
Interra has assembled a dominant land position and created a unique opportunity that unlocks a district
scale copper porphyry project in the Bulkley Porphyry Belt."
New Board Member
Cameron MacDonald, CEO of Aurwest, has joined the Board of Interra. Mr. MacDonald has over 18
years of Capital Markets public company experience as founder and CEO of the Macam Group of
Companies specializing in Capital Markets, M&A, banking, financial management, and operations. He
has been investing in start-up companies since 2002 and has helped raise over $300 million in equity
and over $650 million in debt financings. Mr. MacDonald is currently the President and CEO of Tenth
Avenue Petroleum Corp. (TSXV:TPC), Director of Pacific Bay Minerals Ltd. (TSXV:PBM), and serves as
an investor and board member for several other businesses.
Cameron MacDonald, CEO of Aurwest, commented: "I am looking forward to assisting Interra in
financing exploration of the Stars Property and exposing the Aurwest shareholders to the upside potential
of advancing the Stars Property. Given the global movement towards electrification, environmental
concerns, infrastructure development, and the forecasted demand for copper, the combined properties of
Interra make a very compelling exploration package."
The Stars Property
The 3,761.7-ha, road-accessible Stars Property is situated in central British Columbia, Canada, 40 km
west of Houston. It hosts porphyry copper-molybdenum mineralization associated with a Bulkley
Suite monzonite stock. The Bulkley Suite is linked to mineralization at Imperial Metals' past-producing
Huckleberry mine, 60 km to the south, and other porphyry deposits in the region. Three drilling
campaigns on the Stars Property, totaling 9,016 m, have identified a broad area of anomalous copper,
and molybdenum within the monzonite stock. The most important drilling to date is at the Tana Zone
(Fig. 1), where the contact between the stock and surrounding volcanic rock contains chalcopyrite,
molybdenite and bornite bearing quartz stockwork veining. Tana Zone drilling has defined an
approximately 230 x 180 m domain with significant copper and molybdenum grades (Table 1).
Table 1 Highlights of Tana Zone Intersections*
Drill Hole From
(m) To (m) Length
(m) Cu (%) Mo
(ppm) CuEq (%)**
DD18SS004 23.47 218.54 195.07 0.466 50 0.489
DD18SS010 29.37 426.04 396.67 0.200 82 0.239
DD18SS013 8.53 163.98 155.45 0.209 58 0.236
DD18SS014 29.57 185.01 155.44 0.218 46 0.240
DD18SS014 236.83 370.94 134.11 0.193 48 0.216
DD18SS015 163.98 371.25 207.27 0.205 109 0.257
CS-07 58.51 170.38 111.87 0.255 54 0.281
Outside the Tana Zone, most drilling on the property encountered altered and anomalous mineralized
monzonite within an approximately 1.8 x 1.0 km area marked by a broad magnetic low (Fig. 1). While
there is potential for an undiscovered porphyry deposit within the monzonite intrusion, Interra's
future exploration will concentrate on the contact zones. Several historical drill holes are believed to
have approached this contact, with assays at their bottoms showing increased copper and
molybdenite values (Table 2). Their drill logs also indicate an increase in quartz-chalcopyrite-
molybdenite ± bornite veins with pink K-feldspar altered selvages, similar to those found in the Tana
Zone.
Table 2 Drill intersections indicating grassroots exploration opportunities*
Drill Hole From
(m) To (m) Length
(m) Cu (%) Mo
(ppm) CuEq (%)**
DD18SS006 245.98 303.89 57.91 0.086 42 0.105
DD18SS005 279.50 370.95 91.45 0.153 54 0.179
DD18SS007 593.09 676.55 83.46 0.023 202 0.119
DD18SS009 87.17 108.51 21.34 0.134 25 0.146
DD18SS009 203.00 227.38 24.38 0.088 91 0.131
* The true width of historical drill intersections referenced in this news release are not known.
Historical drill data in this news release is derived from previous exploration activities conducted by
other parties. While this data may provide insights into the mineralization potential on the property,
it should not be relied upon as conclusive evidence of mineral potential or project viability.
** Copper equivalent ("CuEq"), is used for illustrative purposes, to express the combined value of
copper and molybdenum, as a percentage of copper. No allowances have been made for recovery
losses that would occur in a mining scenario. CuEq is calculated on the basis of US$4.20 per pound of
copper and US$20.00 per pound of molybdenum.
*** Expenditures are calculated from expenditure reports within publicly available British Columbia
Department of Energy, Mines, and Low Carbon Emissions Property Assessment Reports. Expenditures
are not adjusted for inflation and do not include work that was not filed with the government,
including the collection and analysis of 817 soil samples.
Stock Options
The Company has granted stock options to a Director of the Company to acquire an aggregate of
200,000 common shares in the capital of the Company, pursuant to the Company’s Equity Incentive
Plan. The stock options are each convertible into a common share of the Company at an exercise price
of $0.12 until December 30, 2029.
Qualified Person
Tony Barresi, Ph.D., P.Geo., the Company’s technical advisor and a qualified person as defined by
National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved
the technical information in this news release.
Figure 1 Map of Exploration targets on the Stars Property. Datum: NAD83 UTM Zone 9. Historical drilling and
exploration vectors on total-magnetic-intensity geophysical map.
About Interra Copper Corp.
Interra Copper Corp. is focused on building shareholder value through the exploration and
development of its early-stage copper exploration assets located in British Columbia, Canada.
Interra has a 100% interest in the Stars Property, an early-stage porphyry copper-molybdenum
discovery, covering 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt. Contiguous to
the Stars Property Interra has a 100% interest in the 5,389 ha Stellar Property, and Interra has an earn-
in option up to 80% and joint-venture agreement on the porphyry copper-molybdenum Rip Project,
also in the Bulkley Porphyry Belt. Interra has a 100% interest in the Thane Project located in the
Quesnel Terrane of Northern BC spans over 20,658 ha with 10 high -priority targets identified
demonstrating significant copper and precious metal mineralization.
Interra’s leadership and advisory teams are comprised of senior mining industry executives who have
a wealth of technical and capital markets experience and a strong track record of discovering,
financing, developing, and operating mining projects on a glo bal scale. Interra is committed to
sustainable and responsible business activities in line with industry best practices, supportive of all
stakeholders, including the local communities in which it operates. The Company's common shares
are principally listed on the Canadian Stock Exchange under the symbol "IMCX". For more information
on Interra, please visit the Company’s website at www.interracoppercorp.com.
On behalf of the Board of Interra Copper Corp.
Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829
For further information contact:
Kelly Abbott
Investor Relations
Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements”
(collectively “forward-looking statements”) within the meaning of applicable securities legislation.
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.
All statements, other than statements of historical fact, included herein, without limitation, relating to
the Rip Copper Project, including the Phase One drilling program, the exploration potential thereof,
and the expected satisfaction of the Company’s 2024 and 2025 earn-in obligations are forward-looking
statements. 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, opinions and projections on the date the statements are made
and are based upon a number of assumptions and estimates that, while considered reasonable by
Interra, are inherently subject to significant business, economic, competitive, political and social
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, risks associated with possible accidents and other risks associated
with mineral exploration operations, the risk that the Company will encounter unanticipated
geological factors, risks associated with the interpretation of exploration results, the possibility that
the Company may not be able to secure permitting and other governmental clearances necessary to
carry out the Company's exploration plans, the risk that the Company will not be able to raise
sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or
legal changes that might interfere with the Company's business and prospects. Readers should not
place undue reliance on the forward-looking statements and information contained in this news
release concerning these items. Interra 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 applicable securities laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this
press release, and does not accept responsibility for the adequacy or accuracy of this release.