Coast Copper Stakes Additional Ground on Trend of Northisle and Past-Producing Island Copper Mine
Coast Copper Stakes Additional Ground on
Trend of Northisle and Past-Producing Island
Copper Mine
TSX.V: COCO
VANCOUVER, BC
,
March 24, 2025
/CNW/ -
Coast Copper Corp. ("Coast Copper" or the
"Company");
(TSXV: COCO) is pleased to announce the staking of the Copper Kettle property (the
"
Property
") which is located between the past producing Island Copper Mine¹ and the Northisle
Copper and Gold Inc¹. ("
Northisle
") North Island project on northern Vancouver Island. This new
property, along with Coast Copper's Knob Hill NW property, now bookend the Northisle North Island
Project¹. See Figure 1.
NR25-02_Copper Kettle Acquisition (CNW Group/Coast Copper Corp.)
Adam Travis
, Coast Copper CEO comments
:
"We continue to acquire prospective ground in
areas of interest at low cost through staking. Our new Copper Kettle property, along with our Knob
Hill NW property, which has been the subject of positive advancements since 2021, now bookend
the Northisle property and are part of the 50-kilometer prospective trend for porphyry copper-gold
deposits that originates at the Island Copper Mine, an open-pit copper mine that operated from
1971 to 1996. We will be completing work on both properties in 2025, as well as numerous other
projects. We would like to extend our congratulations to the Northisle team on the recent positive
Preliminary Economic Assessment for its North Island project. This advancement further solidifies
the past and present potential of northern Vancouver Island."
The Property totals 2,582 hectares ("
ha
") and is located 3 kilometers ("
km
") northwest of the past-
producing Island Copper Mine and sits adjacent to the southeast side of Northisle's property. The
Property has six known
"MINFILE"
occurrences that have varied amounts of exploration work
completed on them, with the most recent work recorded in 2016. The Property is prospective for
both porphyry style mineralization as well as high-grade skarn mineralization. Historical exploration
highlights include:
5 km skarn trend which has returned prospecting samples up to 5.8% copper ("
Cu
"), 19.9
grams per tonne ("
g/t
") silver ("
Ag
") and 0.17 g/t gold ("
Au
") (in 1995). The results yield an
average value of 1.66% Cu analyzing 20 surface pits at Hill 160 MINFILE and an average value
of 0.27% Cu analyzing 2 surface pits at Hill 140 MINFILE ³
Copper-molybdenum porphyry occurrences that are on trend and on the boundary of the past-
producing Island Copper Mine.
Historical drilling around the Bay MINFILE occurrences intersected both skarn and porphyry
style alterations with encouraging assays including 177 meters ("
m
") of 0.44% Cu in drillhole
1986-E-69 ⁴, and
24.4 m
of 0.83% Cu, 0.022% molybdenum ("
Mo
") and 4.1 g/t Ag in drillhole
1989-E-90 ⁵.
Drillhole Q89-1, completed in 1989 between Hill 160 and Hill 140 MINFILE occurrences,
returned
0.91 m
of 0.36% Cu ³.
In 1997, a rock sample from the Hill 160 showing, which is noted as 25 centimeters wide,
returned 3.7% Cu, 98 parts per billion ("
ppb
") Au and 11.3 parts per million ("
ppm
") Ag ⁶.
A 1995 sampling of mineralized boulders at Kettle Pot MINFILE returned 1.18% Cu and 0.63 g/t
Au ³.
Coast Copper also holds a 100% interest in the 7,769 ha Knob Hill NW property which is prospective
for porphyry copper-gold mineralization similar to deposits located to the southeast as it occurs
along a similar geological trend to the northwest with encouraging regional magnetic features. As
announced on
September 23, 2024
and
December 10, 2024
, the Company continues to advance its
knowledge of the Knob Hill NW property with significant copper geochemical anomalies peripheral to
prospective magnetic features similar to those associated with the porphyry deposits in the region.
Coast Copper's fall 2024 sampling results returned elevated copper-in-soil (copper values up to
1,031 ppm) from the west central portions of the Knob Hill NW property that are associated with a
1.1 km by 3.6 km magnetic high. Strongly elevated gold values (up to 863 ppb) in moss mat samples
occurring along the southeastern portion of the property have not yet been sourced but are located
on the edge of a large magnetic high trend extending from the NW Expo region. This combined area
represents a large 4 km by 7 km region showing magnetic data peripheral to anomalous copper and
gold in limited sampling.
About Coast Copper Corp.
Coast Copper's primary exploration focus is the Empire Mine property, located on northern
Vancouver Island,
British Columbia
, which covers three historical open pit mines and two past-
producing underground mines that yielded iron, copper, gold, and silver. In 2023, Coast Copper
launched a generative program aimed at advancing its other properties in parallel with Empire. In
2025, Coast Copper acquired four new projects bringing its total number of 100% owned projects in
BC to eleven, including the Empire Mine and Knob Hill NW properties located on northern Vancouver
Island, BC, and mineral properties in the Golden Triangle, Huckleberry, Anyox, Babine and Sullivan
districts. Coast Copper's management team continue to actively review precious and base metal
opportunities in western
North America
.
On Behalf of the Board of Directors:
"Adam Travis"
Adam Travis
, Chief Executive Officer and Director
NR25-02
Cautionary Notes in News Release and/or Maps
1. This news release may contain information about adjacent properties on which Coast Copper has
no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are
not indicative of mineral deposits on the Company's properties.
2. Island Copper Mine, MINFILE Record Summary.
https://minfile.gov.bc.ca/Summary.aspx?minfilno=092L++158
3. BC Assessment Report 25408.
https://apps.nrs.gov.bc.ca/pub/aris/Detail/25408
4. BC Assessment Report 16152.
https://apps.nrs.gov.bc.ca/pub/aris/Detail/16152
5. BC Assessment Report 18805.
https://apps.nrs.gov.bc.ca/pub/aris/Detail/18805
6. BC Assessment Report 19417.
https://apps.nrs.gov.bc.ca/pub/aris/Detail/19417
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Certain information contained or incorporated by reference in this press release, including any
information
regarding the proposed Transaction, private placement, board and management
changes,
as to
our strategy, projects, plans or future financial or operating performance, constitutes
"forward-looking statements." All statements, other than statements of historical fact, are to be
considered forward-looking statements. Forward-looking statements are necessarily based on a
number of estimates and assumptions that, while considered reasonable by Coast Copper, are
inherently subject to significant business, economic, geological and competitive uncertainties and
contingencies. Although Coast Copper believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not a guarantee of
future performance. Known and unknown factors could cause actual results to differ materially
from those projected in the forward-looking statements. Such factors include but are not limited to:
fluctuations in market prices, exploration and exploitation successes, continued availability of
capital and financing, changes in national and local government legislation, taxation, controls,
regulations, expropriation or nationalization of property and general political, economic, market or
business conditions. Many of these uncertainties and contingencies can affect our actual results
and could cause actual results to differ materially from those expressed or implied in any forward-
looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking
statements are not guarantees of future performance and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. All of the forward-looking statements made in this press
release, or incorporated by reference, are qualified by these cautionary statements. We do not
assume any obligation to update any forward-looking statements.
SOURCE
Coast Copper Corp.
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For further information:
For further information, please contact: Adam Travis, CEO, Coast Copper
Corp, 409 Granville Street, Suite 904, Vancouver, B.C. V6C 1T2, Canada, P: 877-578-9563, E:
CO: Coast Copper Corp.
CNW 07:30e 24-MAR-25