Interra Copper Announces Mobilization for Its Upcoming Drilling Program at the Tres Marias Copper Project in Chile
CSE: IMCX WWW.INTERRACOPPERCORP.COM
INTERRA COPPER ANNOUNCES MOBILIZATION FOR ITS UPCOMING DRILLING
PROGRAM AT THE TRES MARIAS COPPER PROJECT IN CHILE
May 24, 2023, VANCOUVER, British Columbia – Interra Copper Corp. (CSE: IMCX, OTCQB:
IMIMF, FRA: 3MX) (“Interra” or the “ Company” ) i s p l e a s e d t o a n n o u n c e t h a t i t h a s
commenced drill and crew mobilization at its Tres Marias Copper Project (the “Project”), located
approximately 40 km southwest of the city of Calama in the Antofagasta Region of Chile. Close
to other major mining operations like Codelco’s Chuquicamata mine and BHP’s Spence mine, the
Company has easy access to infrastructure, services, and labour to simplify the program. Sociedad
Perforaciones E Inginiería Chile Limitada (“PerfoChile”), a local business and experienced drilling
contractor that services many of the large pr oducing mines in Chile, has been contracted to
perform the first phase of the Reverse-Circulat ion (“RC”) drilling campaign, designed to test
several high priority geological and geophysical anomalies located on the 16,250 ha Project.
Chris Buncic, Interra Copper’s President and CEO, commented, “ With drill pad construction
complete and contractors now on site, we look forward to seeing the results of our efforts thus
far at Tres Marias. Drill hole evidence, co upled with our geophysical and geological
interpretations, suggest a potential copper porphy ry system to the west-southwest of historical
work. Our geological team theorize that the Gu acate East and Guacate West faults may have
allowed for the transfer of mineralizing fluids from a deeper intrusive target, and the location of
geophysical anomalies and surface alteration support this idea.”
Investors are encouraged to visit our website at www.interracoppercorp.com, Press Releases of
April 17, 2023 and May 4, 2023, and our corporate presentation for a more detailed summary of
the drilling program and expectations.
Technical Disclosure/Qualified Person
The scientific and technical information in this press release has been reviewed and approved by
Dr. Scott Jobin-Bevans (P.Geo., PhD, PMP), Principal Geoscientist and Managing Director at
Caracle Creek Chile SpA and an independent cons ultant and Qualified Person as defined in
National Instrument 43-101.
About Interra Copper Corp.
Interra Copper Corp. is focused on building shareholder value through the exploration and
development of its portfolio of highly prospective/early-stage exploration copper assets located
in Chile and Northern British Columbia.
The Company’s portfolio includes three copper projects located the Central Volcanic Zone, within
a prolific Chilean Copper belt: Tres Marias an d Zenaida in Antofagasta Region, and Pitbull in
Tarapaca Region. The Company now holds a significant land package covering an area of 20,050
ha with the projects situated amongst several of the world’s largest mines owned by the largest
global mining companies including Glencore, Anglo American, Teck Resources and BHP among
others. The Company also owns two exploration projects in Northern British Columbia: Thane and
Chuck Creek. The Thane Project is located in the Quesnel Terrane of Northern BC and spans over
20,658 ha with 6 high-priority targets identified demonstrating significant copper and precious
metal mineralization.
Interra Copper’s leadership team is comprised of senior mining industry executives who have a
wealth of technical and capital markets experien ce and a strong track re cord of discovering,
financing, developing, and operating mining projects on a global scale. Interra Copper is
committed to sustainable and responsible business ac tivities in line with industry best practices,
supportive of all stakeholders, including the local communities in which we operate. The
Company's common shares are principally listed on the Canadian Stock Exchange under the
symbol "IMCX". For more information on In terra Copper, please visit our website at
www.interracoppercorp.com.
On behalf of the Board and Interra Copper Corp.
Chris Buncic
President & CEO, Director
For further information
Katherine Pryde
Investor Relations Contact
Forward Looking Information
Forward-Looking Statements: This news release contains certain “forward-looking statements”
within the meaning of Canadian securities legislat ion, relating to exploration on the Company’s
Tres Marias Copper Project, and the potential results of exploration work on the project. Although
the Company believes that such statements are reasonable, it can give no assurance that such
expectations will prove to be corr ect. Forward-looking statements are statements that are not
historical facts; they are genera lly, but not always, identified by the words “expects,” “plans,”
“anticipates,” “believes,” “intends,” “estimat es,” “projects,” “aims,” “potential,” “goal,”
“objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,”
“may,” “can,” “could” or “should” occur, or are those 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 they involve a number of risks and uncertainties. Consequently, there can be no assurances
that such statements will prove to be accurate an d actual results and futu re events could differ
materially from those anticipated in such statements. Except to the extent required by applicable
securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no
obligation to update these forw ard-looking statements if mana gement’s beliefs, estimates or
opinions, or other factors, should change. Factors that could cause future results to differ
materially from those anticipated in these forw ard-looking statements include risks associated
with mineral exploration operations, the risk that the Company will encounter unanticipated
geological factors, the possibility that the Comp any 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 regulatory or legal changes that might interfere with the Company’s business and
prospects. The reader is urged to refer to the Company’s reports, publicly available on SEDAR at
www.sedar.com and the Company’s website. We seek safe harbor.