Majuba Hill Copper Equivalent Values Returns up to 755 feet of 0.3% CuEq and 540 feet of 0.456% CuEQ
1
*Press Release September 7, 2022
Majuba Hill Copper Equivalent Values
Returns up to 755 feet of 0.3% CuEq
and 540 feet of 0.456% CuEQ
VANCOUVER, BC — September 7, 2022 — Majuba Hill Copper Corp. (CSE: JUBA /
OTC: JUBAF / FWB:4NP) (“Majuba Hill Copper” or the “Company”) is pleased to report
Copper Equivalent (“CuEQ”) values for the drilling completed at the Majuba Hill
Porphyry Copper Project in Pershing County Nevada. CuEQ was calculated by
combining Cu, Ag, Au, Mo, Pb, and Zn assay values for significant intervals that were
initially determined from copper assays.
Two conclusions can be drawn from the CuEQ results.
1. The copper equivalent values and the thick mineralized CuEQ intervals support
the previous drilling, geophysics, and geology suggesting that thick Majuba
has a very large tonnage potential that could be mined by open pit methods.
CuEQ values increased the drill interval results by an average of 40% when
compared to the copper- only values and make these thick intervals very
significant.
2
2. Majuba contains base and precious metals commonly associated with porphyry
copper deposits.
Highlights
Comparing the CuEQ results from a lower grade 0.06% copper composite model with
the higher grade 0.16% copper composite demonstrates Majuba has a broad area of
robust copper mineralization that starts at the surface and extends over 1450 feet
below the top of Majuba Hill. Significant CuEQ intervals are shown on the tables
below. Drill Hole MHB -5 and MHB -10 are particularly significant because they
demonstrate the robust nature of the copper equivalent values.
MHB-5 returned 330 feet (100.6 m) of 0.45% CuEQ from 325 to 655 feet using the
0.16% Cu composite model. Using the 0.06% Cu composite model returns:
• 755 feet (262.7 m) of 0.30% CuEQ from 45 to 800 feet
MHB-10 returned four intervals using the 0.16% Cu composite model:
• 30 feet (9.1 m) of 0.34% CuEQ from 325 to 355 feet
• 55 feet (16.8 m) of 0.32% CuEQ from 400 to 455 feet
• 120 feet (36.6 m) of 0.28% CuEQ from 535 to 655 feet
• 50 feet (15.2 m) of 0.39% CuEQ from 795 to 845 feet).
Using the 0.06% Cu composite model MHB-10 returns:
• 540 feet (164.6 m) of 0.456% CuEQ from 215 to 755 feet
David Greenway, President and CEO, commented: “The copper equivalent values are
very encouraging and provide another key element indicating Majuba Hill will be one
of the major new porphyry copper deposits for the western United States. I look
forward to getting the results from our 2022 core drilling program.”
The 2022 core program is in- progress and is focus ed on drilling deeper h oles to
expand and deepen mineralization.
3
CuEQ Table for 0.16% Cu Composite Model
Hole From
ft To ft Interval
ft
CuEq%
(Ag, Au, Mo, Pb, Zn) Cu % Significant Cu (CuEQ_Cu,Ag, Au, Mo, Pb, Zn)
MHB-1 220 279 59 0. 482 0.418 59 ft (18 m) @ 0.48% CuEQ from 220 to 279 ft
MHB-2 0 297 297 1. 019 0.712 296.5 ft (90.4 m) @ 1.02% CuEQ from 0 to 296.5 ft
MHB-3 155 230 75 0. 465 0.166 75 ft (22.9 m) @ 0.46% CuEQ from 155 to 230 ft
235 320 85 0. 214 0.161 85 ft (25.9 m) @ 0.21% CuEQ from 235 to 320 ft
430 580 150 2. 479 0.698 150 ft (45.7 m) @ 2.48% CuEQ from 430 to 580 ft
MHB-4 785 820 35 0. 992 0.556 35 ft (10.7 m) @ 0.99% CuEQ from 785 to 820 ft
MHB-5 325 655 330 0. 467 0.246 330 ft (100.6 m) @ 0.47% CuEQ from 325 to 655 ft
665 680 15 0. 255 0.164 15 ft (4.6 m) @ 0.26% CuEQ from 665 to 680 ft
770 800 30 0. 542 0.178 30 ft (9.1 m) @ 0.54% CuEQ from 770 to 800 ft
MHB-6 410 425 15 0. 873 0.166 15 ft (4.6 m) @ 0.87% CuEQ from 410 to 425 ft
440 475 35 0. 407 0.171 35 ft (10.7 m) @ 0.41% CuEQ from 440 to 475 ft
605 800 195 0. 356 0.245 195 ft (59.4 m) @ 0.36% CuEQ from 605 to 800 ft
MHB-8 198 223 25 0. 195 0.177 25 ft (7.6 m) @ 0.2% CuEQ from 198 to 223 ft
545 560 15 0. 221 0.166 15 ft (4.6 m) @ 0.22% CuEQ from 545 to 560 ft
750 765 15 0. 249 0.170 15 ft (4.6 m) @ 0.25% CuEQ from 750 to 765 ft
840 990 150 0. 400 0.223 150 ft (45.7 m) @ 0.4% CuEQ from 840 to 990 ft
995 1015 20 0. 269 0.182 20 ft (6.1 m) @ 0.27% CuEQ from 995 to 1015 ft
MHB-9 661 678 17 0. 198 0.169 17 ft (5.2 m) @ 0.2% CuEQ from 661 to 678 ft
888 938 50 0. 227 0.167 50 ft (15.2 m) @ 0.23% CuEQ from 888 to 938 ft
942 1011 69 0. 287 0.194 69 ft (21 m) @ 0.29% CuEQ from 942 to 1011 ft
1351 1373 22 0. 366 0.188 22 ft (6.7 m) @ 0.37% CuEQ from 1351 to 1373 ft
MHB-10 15 45 30 0. 432 0.163 30 ft (9.1 m) @ 0.43% CuEQ from 15 to 45 ft
325 355 30 0. 340 0.161 30 ft (9.1 m) @ 0.34% CuEQ from 325 to 355 ft
400 455 55 0. 319 0.179 55 ft (16.8 m) @ 0.32% CuEQ from 400 to 455 ft
535 655 120 0. 281 0.199 120 ft (36.6 m) @ 0.28% CuEQ from 535 to 655 ft
795 845 50 0. 390 0.179 50 ft (15.2 m) @ 0.39% CuEQ from 795 to 845 ft
MHB-14 660 760 100 0. 447 0.381 100 ft (30.5 m) @ 0.45% CuEQ from 660 to 760 ft
1030 1145 115 0. 416 0.199 115 ft (35.1 m) @ 0.42% CuEQ from 1030 to 1145 ft
MHB-15 865 960 95 0. 259 0.163 95 ft (29 m) @ 0.26% CuEQ from 865 to 960 ft
MHB-17 125 145 20 0. 369 0.161 20 ft (6.1 m) @ 0.37% CuEQ from 125 to 145 ft
320 360 40 0. 213 0.163 40 ft (12.2 m) @ 0.21% CuEQ from 320 to 360 ft
585 605 20 0. 287 0.177 20 ft (6.1 m) @ 0.29% CuEQ from 585 to 605 ft
MHB-18 610 695 85 0. 337 0.162 85 ft (25.9 m) @ 0.34% CuEQ from 610 to 695 ft
MHB-19 10 45 35 0. 234 0.169 35 ft (10.7 m) @ 0.23% CuEQ from 10 to 45 ft
MHB-21 40 60 20 0. 305 0.170 20 ft (6.1 m) @ 0.3% CuEQ from 40 to 60 ft
195 220 25 0. 237 0.163 25 ft (7.6 m) @ 0.24% CuEQ from 195 to 220 ft
345 370 25 0. 283 0.179 25 ft (7.6 m) @ 0.28% CuEQ from 345 to 370 ft
425 450 25 0. 231 0.163 25 ft (7.6 m) @ 0.23% CuEQ from 425 to 450 ft
665 680 15 0. 238 0.171 15 ft (4.6 m) @ 0.24% CuEQ from 665 to 680 ft
915 930 15 0. 327 0.176 15 ft (4.6 m) @ 0.33% CuEQ from 915 to 930 ft
955 1035 80 0. 253 0.163 80 ft (24.4 m) @ 0.25% CuEQ from 955 to 1035 ft
1040 1155 115 0. 330 0.203 115 ft (35.1 m) @ 0.33% CuEQ from 1040 to 1155 ft
1165 1285 120 0. 479 0.390 120 ft (36.6 m) @ 0.48% CuEQ from 1165 to 1285 ft
MHB-23 655 670 15 0. 310 0.165 15 ft (4.6 m) @ 0.31% CuEQ from 655 to 670 ft
975 1000 25 0. 883 0.533 25 ft (7.6 m) @ 0.88% CuEQ from 975 to 1000 ft
MHB-24 455 550 95 0. 364 0.164 95 ft (29 m) @ 0.36% CuEQ from 455 to 550 ft
700 730 30 0. 272 0.170 30 ft (9.1 m) @ 0.27% CuEQ from 700 to 730 ft
735 795 60 0. 409 0.184 60 ft (18.3 m) @ 0.41% CuEQ from 735 to 795 ft
MHB-26 10 50 40 0. 298 0.172 40 ft (12.2 m) @ 0.3% CuEQ from 10 to 50 ft
4
CuEQ Table for 0.06% Cu Composite Model
Hole From
ft T o ft Interva
lft CuEQ % Cu % Significant CuEQ%
MHB-1 179.0 311.5 132. 5 0.278 0.219 132.5 ft (40.4 m) @ 0.28% CuEQ from 179 to 311.5 ft
MHB-2 0.0 199.0 199. 0 1.391 1.042 199 ft (60.7 m) @ 1.39% CuEQ from 0 to 199 ft
271.0 296.5 25.5 0.126 0.062 25.5 ft (7.8 m) @ 0.13% CuEQ from 271 to 296.5 ft
MHB-3 125.0 580.0 455. 0 0.380 0.295 455 ft (138.7 m) @ 0.38% CuEQ from 125 to 580 ft
MHB-4 215.0 250.0 35. 0 0.406 0.065 35 ft (10.7 m) @ 0.41% CuEQ from 215 to 250 ft
550.0 565.0 15.0 0.279 0.071 15 ft (4.6 m) @ 0.28% CuEQ from 550 to 565 ft
660.0 685.0 25.0 1.325 0.060 25 ft (7.6 m) @ 1.33% CuEQ from 660 to 685 ft
760.0 820.0 60.0 0.773 0.344 60 ft (18.3 m) @ 0.77% CuEQ from 760 to 820 ft
MHB-5 45.0 800.0 755. 0 0.300 0.135 755 ft (230.1 m) @ 0.3% CuEQ from 45 to 800 ft
MHB-6 315.0 800.0 485. 0 0.297 0.148 485 ft (147.8 m) @ 0.3% CuEQ from 315 to 800 ft
MHB-8 90.0 158.0 68. 0 0.083 0.064 68 ft (20.7 m) @ 0.08% CuEQ from 90 to 158 ft
163.0 238.0 75.0 0.076 0.063 75 ft (22.9 m) @ 0.08% CuEQ from 163 to 238 ft
525.0 570.0 45.0 0.124 0.063 45 ft (13.7 m) @ 0.12% CuEQ from 525 to 570 ft
685.0 705.0 20.0 0.099 0.069 20 ft (6.1 m) @ 0.1% CuEQ from 685 to 705 ft
730.0 780.0 50.0 0.073 0.064 50 ft (15.2 m) @ 0.07% CuEQ from 730 to 780 ft
830.0 1075.0 245.0 0.262 0.170 245 ft (74.7 m) @ 0.26% CuEQ from 830 to 1075 ft
1230.0 1245.0 15.0 0.074 0.064 15 ft (4.6 m) @ 0.07% CuEQ from 1230 to 1245 ft
1285.0 1305.0 20.0 0.075 0.063 20 ft (6.1 m) @ 0.07% CuEQ from 1285 to 1305 ft
1551.0 1573.0 22.0 0.076 0.064 22 ft (6.7 m) @ 0.08% CuEQ from 1551 to 1573 ft
MHB-9 631.0 703.0 72. 0 0.122 0.090 72 ft (21.9 m) @ 0.12% CuEQ from 631 to 703 ft
835.0 1016.0 181.0 0.205 0.142 181 ft (55.2 m) @ 0.2% CuEQ from 835 to 1016 ft
1020.0 1043.5 23.5 0.101 0.064 23.5 ft (7.2 m) @ 0.1% CuEQ from 1020 to 1043.5 ft
1309.0 1388.0 79.0 0.157 0.063 79 ft (24.1 m) @ 0.16% CuEQ from 1309 to 1388 ft
1660.0 1675.0 15.0 0.180 0.068 15 ft (4.6 m) @ 0.18% CuEQ from 1660 to 1675 ft
1695.0 1730.0 35.0 0.303 0.066 35 ft (10.7 m) @ 0.3% CuEQ from 1695 to 1730 ft
MHB-10 0.0 205.0 205. 0 0.999 0.062 205 ft (62.5 m) @ 1% CuEQ from 0 to 205 ft
215.0 755.0 540.0 0.456 0.112 540 ft (164.6 m) @ 0.46% CuEQ from 215 to 755 ft
760.0 845.0 85.0 0.316 0.138 85 ft (25.9 m) @ 0.32% CuEQ from 760 to 845 ft
MHB-12 665.0 680.0 15. 0 0.164 0.074 15 ft (4.6 m) @ 0.16% CuEQ from 665 to 680 ft
MHB-13 435.0 510.0 75. 0 0.142 0.063 75 ft (22.9 m) @ 0.14% CuEQ from 435 to 510 ft
MHB-14 640.0 785.0 145. 0 0.334 0.275 145 ft (44.2 m) @ 0.33% CuEQ from 640 to 785 ft
805.0 825.0 20.0 0.532 0.068 20 ft (6.1 m) @ 0.53% CuEQ from 805 to 825 ft
850.0 910.0 60.0 0.242 0.063 60 ft (18.3 m) @ 0.24% CuEQ from 850 to 910 ft
925.0 1160.0 235.0 0.344 0.111 235 ft (71.6 m) @ 0.34% CuEQ from 925 to 1160 ft
MHB-15 380.0 405.0 25. 0 0.110 0.061 25 ft (7.6 m) @ 0.11% CuEQ from 380 to 405 ft
815.0 1000.0 185.0 0.303 0.123 185 ft (56.4 m) @ 0.3% CuEQ from 815 to 1000 ft
MHB-16 445.0 520.0 75. 0 0.125 0.061 75 ft (22.9 m) @ 0.12% CuEQ from 445 to 520 ft
MHB-17 25.0 40.0 15. 0 0.148 0.066 15 ft (4.6 m) @ 0.15% CuEQ from 25 to 40 ft
60.0 215.0 155.0 0.153 0.076 155 ft (47.2 m) @ 0.15% CuEQ from 60 to 215 ft
220.0 630.0 410.0 0.179 0.067 410 ft (125 m) @ 0.18% CuEQ from 220 to 630 ft
670.0 700.0 30.0 0.115 0.067 30 ft (9.1 m) @ 0.11% CuEQ from 670 to 700 ft
MHB-18 515.0 710.0 195. 0 0.227 0.081 195 ft (59.4 m) @ 0.23% CuEQ from 515 to 710 ft
750.0 785.0 35.0 0.281 0.066 35 ft (10.7 m) @ 0.28% CuEQ from 750 to 785 ft
MHB-19 0.0 75.0 75. 0 0.190 0.106 75 ft (22.9 m) @ 0.19% CuEQ from 0 to 75 ft
MHB-21 0.0 90.0 90. 0 0.114 0.066 90 ft (27.4 m) @ 0.114% CuEQ from 0 to 90 ft
145.0 235.0 90.0 0.157 0.074 90 ft (27.4 m) @ 0.157% CuEQ from 145 to 235 ft
325.0 535.0 210.0 0.143 0.060 210 ft (64 m) @ 0.14% CuEQ from 325 to 535 ft
585.0 685.0 100.0 0.144 0.078 100 ft (30.5 m) @ 0.14% CuEQ from 585 to 685 ft
730.0 765.0 35.0 0.235 0.064 35 ft (10.7 m) @ 0.23% CuEQ from 730 to 765 ft
775.0 815.0 40.0 0.172 0.066 40 ft (12.2 m) @ 0.17% CuEQ from 775 to 815 ft
845.0 875.0 30.0 0.139 0.064 30 ft (9.1 m) @ 0.14% CuEQ from 845 to 875 ft
905.0 970.0 65.0 0.161 0.073 65 ft (19.8 m) @ 0.16% CuEQ from 905 to 970 ft
975.0 1295.0 320.0 0.371 0.262 320 ft (97.5 m) @ 0.37% CuEQ from 975 to 1295 ft
1355.0 1375.0 20.0 0.166 0.068 20 ft (6.1 m) @ 0.17% CuEQ from 1355 to 1375 ft
MHB-23 305.0 350.0 45. 0 0.154 0.063 45 ft (13.7 m) @ 0.15% CuEQ from 305 to 350 ft
385.0 415.0 30.0 0.183 0.065 30 ft (9.1 m) @ 0.18% CuEQ from 385 to 415 ft
545.0 600.0 55.0 0.169 0.062 55 ft (16.8 m) @ 0.17% CuEQ from 545 to 600 ft
630.0 690.0 60.0 0.150 0.062 60 ft (18.3 m) @ 0.15% CuEQ from 630 to 690 ft
800.0 840.0 40.0 0.129 0.060 40 ft (12.2 m) @ 0.13% CuEQ from 800 to 840 ft
870.0 1000.0 130.0 0.356 0.178 130 ft (39.6 m) @ 0.36% CuEQ from 870 to 1000 ft
MHB-24 110.0 180.0 70. 0 0.274 0.061 70 ft (21.3 m) @ 0.27% CuEQ from 110 to 180 ft
400.0 800.0 400.0 0.204 0.119 400 ft (121.9 m) @ 0.2% CuEQ from 400 to 800 ft
MHB-25 15.0 30.0 15. 0 0.084 0.067 15 ft (4.6 m) @ 0.08% CuEQ from 15 to 30 ft
MHB-26 0.0 90.0 90. 0 0.143 0.094 90 ft (27.4 m) @ 0.14% CuEQ from 0 to 90 ft
215.0 240.0 25.0 0.093 0.067 25 ft (7.6 m) @ 0.09% CuEQ from 215 to 240 ft
585.0 605.0 20.0 0.134 0.079 20 ft (6.1 m) @ 0.13% CuEQ from 585 to 605 ft
5
CuEQ values were calculated by combining the assay values for copper, silver, gold, molybdenum, lead, and zinc
across the significant copper drill intercepts for intervals composited to 0.16% Cu and 0.06% Cu. The Ag, Au, Mo,
Pb, and Zn included for each significant copper intercepts were combined usi ng an interval -weighted calculation
based on metal prices taken from Kitco.com and DailyMetalPrice.com on July 27, 2022.
Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody
The Company has implemented a QA/QC program using best industry practices at
the Majuba Hill Project. The samples are transported from the JUBA secure warehouse
or directly from the drill to the ALS Sample Prep Facility in Reno or Elko, Nevada. ALS
then transports the prepared pulps to their analytical lab in Reno, Nevada or
Vancouver, B.C. Soil and rock chip samples are transported by the company directly
to Elko or Reno, Nevada.
Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth
sample bags. All samples are analyzed for copper, gold, silver, and 3 3 other
elements. Gold is determined by ALS method Au-AA23 which is a fire assay with an
AAS finish on a 30 gram split. Copper, silver and the remaining 31 elements are
determined by ALS method ME -ICP61 which is a four acid digestion and ICP -AES
assay. Approximately 5% of the submitted samples are drill duplicates and copper-
gold-porphyry commercial standard reference material pulps. The sample rejects and
remaining pulps will be retrieved from ALS.
Qualified Person
The scientific and technical information contained in this news release has been
reviewed by E.L. "Buster" Hunsaker III, CPG 8137 , a non- independent consulting
geologist who is a "Qualified Person" as such term is defined under National
Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Majuba Hill Copper Corp.
Majuba Hill Copper Corp. is engaged in the identification, review and acquisition of
latter stage copper and copper/ silver/gold assets. This is in direct response to the
growing worldwide demand and lack of supply for precious metals fueled by the Green
New Deal in the US and most other developed nations with similar programs aimed
at addressing climate change. Such programs are heavily reliant on silver, gold and
especially copper to produce Electric Vehicles and other renewable power sources, as
well as building infrastructure to provide clean and affordable electricity.
The flagship project is the Majuba Hill copper, silver and gold District located 156
miles outside Reno, Nevada, USA. Management has been mandated to focus on safe,
mining friendly jurisdictions where government regulations are supportive of mining
operations.
On Behalf of the Board of Majuba Hill Copper Corp.
6
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipat es", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although Majuba Hill Copper Corp. believes
the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Majuba Hill Copper
Corp. management on the date the statements are made. Except as required by law, Majuba Hill Copper Corp.
undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates
or opinions, or other factors, should change.