CopperCorp Adds Second Drill Rig at Razorback – Commences Phase 2 Drilling at Jukes Prospect
Vancouver, B.C. (TSXV: CPER) (OTCQB: CPCPF)
CopperCorp Adds Second Drill Rig at Razorback –
Commences Phase 2 Drilling at Jukes Prospect
VANCOUVER, BC October 14, 2025 – CopperCorp Resources Inc. (TSXV: CPER) (OTC QB: CPCPF)
(“CopperCorp” or the “Company”) is pleased to announce that it has commenced Phase 2 diamond drilling
at the Jukes Cu-Au prospect on its 100% owned Razorback property in western Tasmania, Australia
(Figures 1 and 2). The new program is designed to build on strong results from the 2024 Phase 1 drilling
at Jukes and advance CopperCorp’s goal of discovering a large, tier-one Cu-Au system comparable in scale
to the nearby Mt Lyell mine camp (3 Mt contained copper and 3 Moz contained gold). The Mt Lyell
operation, located 10 km north of Jukes, produced for more than 120 years and is currently the subject of
restart studies by Sibanye-Stillwater aimed at returning the mine to production in the near term.
Highlights
• A second drill rig on the Razorback property has been mobilized to the Jukes prospect marking a
significant step-up in exploration activity across the Razorback property. Concurrent drilling at
Hydes is on-going.
• The new rig at Jukes is targeting strike extensions of the copper –gold system confirmed in 2024
Phase 1 drilling.
• A planned 2,000-metre Phase 2 program at Jukes is currently projected to include wide step-out
drilling to test strong IP chargeability anomalies located north and along strike from Phase 1
drilling. Phase 1 drilling included hole JDD002W1 which intersected1:
o 20.0m @ 0.76% Cu and 0.17g/t Au from 498.0m; and
o 19.0m @ 0.86% Cu and 0.48g/t Au from 529.0m, within a broader intercept of
o 50.0m @ 0.66% Cu and 0.27g/t Au from 498.0m
• Recent and on -going high -definition pole-dipole IP surveys at Jukes confirm historical 1980’s
strike-extensive chargeability corridors which are interpreted to represent the continuity of
mineralization north of previous drilling.
Stephen Swatton, President and CEO of CopperCorp, commented:
“The addition of a second rig at Jukes on the Razorback property was planned and marks a significant
acceleration in CopperCorp’s exploration program. With one rig continuing at Hydes and another now
drilling at Jukes, we’re advancing two high-priority targets in parallel. The whole premise of the Razorback
drilling campaign is to rapidly test multiple targets of what we believe are pulses of Cu-Au mineralization
that rose up cross cutting faults along the regional Tyennan Margin Fault. To that end current work has
identified a further copper zone, Sumpters near Darwin that will be explored this coming summer.
Mining contributes A$2.8B to the Tasmanian economy each year and accounts for over 60% of its
mercantile export earnings. The Tasmanian government support for the local mineral exploration industry
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
is strong and vocal. In tangible benefits it includes fast turnaround times for drill permits (typically 4 -8
weeks) and provision of significant cash grants for drilling new greenfield targets.”
Jukes Phase 2 Drilling
The planned Phase 2 diamond drilling program comprises five holes totalling approximately 2,000 metres.
The aim is to expand the known Jukes mineralization footprint and test high-priority IP and geochemical
targets along strike from 2024 Phase 1 drilling. The program will be expanded as required based on the
success of initial drill holes.
Drilling of the first hole, JDD003, is now underway, targeting the northern extension of the mineralized
zone intersected in hole JDD002W1, which returned high-grade intercepts of:
o 20.0m @ 0.76% Cu and 0.17g/t Au from 498.0m, and
o 19.0m @ 0.86% Cu and 0.48g/t Au from 529.0m, within a broader intercept of
o 50.0 m @ 0.66% Cu and 0.27 g/t Au from 498.0 m.
The JDD003 target zone is positioned approximately 300 metres north along strike of JDD002W1, and
150m beneath the historical King Jukes No. 1 main adit, where 1980s channel sampling recorded3:
o 58.0 m @ 0.74% Cu and 0.39 g/t Au, including a high-grade zone of
o 18.0m @ 1.34% Cu and 1.09g/t Au.
A r ecently completed pole– dipole IP survey by CopperCorp indicates that the western chargeability
anomaly extends beneath the King Jukes adit, providing strong geophysical support for the JDD003 target
(Figures 3 and 4).
Jukes Pole-Dipole IP Survey Results
CopperCorp recently completed a four-line pole–dipole IP survey, totalling approximately 7.5 line-km of
coverage, over the Jukes prospect area. The east-west oriented survey lines, each extending between 1.5
and 2.5 km across, were designed to refine target definition along strike and at depth across both the
Eastern and Western IP chargeability corridors previously identified from historical 1982 Scintrex gradient
array IP data.
Preliminary results indicate that the integration of the new pole–dipole IP survey with the historical 1982
Scintrex gradient array data shows a remarkable degree of correlation across both the eastern and
western chargeability corridors at Jukes (Figure 3) . This provides strong validation of the geophysical
model and supports the interpretation of a broad, structurally controlled Cu-Au system with potential for
multiple sulphide zones developed around a magnetite-rich intrusive core.
With Phase 2 drilling now underway, we are testing the northern extension of this system for the first
time, and the results of this program will be important in defining the scale and continuity of what is
emerging as a significant Cu-Au footprint at Jukes.
Jukes Prospect Overview
The Jukes prospect is located within the 100% CPER owned Razorback property, 10km south of the
Sibanye-Stillwater owned Mt Lyell copper-gold mining camp (3Mt contained copper and 3Moz contained
gold).
Jukes is characterized by strong IP chargeability, magnetic, and geochemical anomalies forming a
prospective footprint at least 700 m long (open) and 400m wide, with Cu -Au mineralization confirmed
from surface to depths exceeding 500m vertically1.
Previous drilling, including CopperCorp’s successful 2024 Phase 1 campaign, has to date tested only the
southern edge of this extensive footprint, yet delivered strong Cu-Au intercepts, including:
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
JDD0011,2:
• 132.0m @ 0.35% Cu and 0.19g/t Au from 72.0m, including
• 25.0m @ 0.75% Cu and 0.4g/t Au from 72.0m,
• 10.1m @ 0.94% Cu and 0.69g/t Au from 128.5m, and
• 10.0m @ 0.67% Cu and 0.29g/t Au from 194.0m
JDD002W11:
• 50.0m @ 0.66% Cu and 0.27g/t Au from 498.0m, including
• 20.0m @ 0.76% Cu and 0.17g/t Au from 498.0m; and
• 19.0m @ 0.86% Cu and 0.48g/t Au from 529.0m, including
• 2.05m @ 4.2% Cu and 1.66g/t Au from 545.4m
Historical underground adit channel sampling by CopperCorp also includes:
Jukes No.3 Main Adit (channel sampling)3:
• 31.0m @ 1.48% Cu and 0.83g/t Au, including
• 9.0m @ 2.92% Cu and 1.79g/t Au
Hydes Exploration Update
Drilling remains ongoing at the Hydes prospect, where progress has been challenged by extreme winter
weather conditions and logistical factors unique to the site. With infrastructure upgrade s now largely
complete and weather c onditions anticipated to improv e with the onset of the summer field season ,
CopperCorp expects increased drilling productivity going forward. Additionally, pole -dipole IP and AMT
surveys are also currently underway at Hydes.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 1. Southern Skyline Project properties and exploration target areas with magnetics TMI RTP image.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 2. Location of the Razorback property and the Jukes Zone target area relative to the Mt Lyell copper-
gold mine. Blue outlines are CopperCorp’s 100% owned licenses.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 3. Oblique plan view of the Jukes prospect showing Scintrex 1982 gradient array IP survey
chargeability (psuedocolour image) with recent pole-dipole (P -D) IP 2D chargeability model sections ,
summary drill hole and adit channel sampling mineralized intercepts, and planned hole JDD003.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 4. Jukes prospect pole-dipole IP survey line 5331500mN section (looking north) showing IP
chargeability and resistivity 2D inversion models with planned drill hole JDD003.
About CopperCorp
CopperCorp is a TSX.V listed (TSX.V: CPER) exploration company focused on the exploration and
development of its Skyline, and AMC copper -gold-REE projects in western Tasmania. Refer to the
CopperCorp website at www.coppercorpinc.com for further information.
Qualified Person & National Instrument 43-101 Disclosure
The technical and scientific information in this news release has been reviewed and approved by Sean
Westbrook, Vice President Exploration for CopperCorp, who is a Qualified Person as defined by National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Information on historical and recent prospecting, mining, and exploration activities at the Skyline Project
group of properties contained within this news release has been reviewed and verified by the Qualified
Person. In the opinion of the Qualified Person, sufficient verification of historical and new data has been
undertaken to provide sufficient confidence that past exploration programs were performed to adequate
industry standards and the data reported is fit for substantiating the prospectivity of the project in
general, supporting the geological m odel/s proposed, planning exploration programs, and identifying
targets for further investigation.
This news release may contain information about adjacent properties on which the Company does not
have an interest. The Qualified Person has not verified the information, and it is not necessarily indicative
of the mineralization on the Company’s properties.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
References
1CPER: TSXV News Release 19th December 2024
2CPER: TSXV News Release 15th October 2024
3CPER: TSXV News Release 13th May 2024
Adjacent Property (Mt Lyell) Information Sources:
Sibanye-Stillwater company website information as of May 12th 2024
New Century Resources: ASX Announcement 23rd January 2023
New Century Resources: ASX Announcement 27th October 2021
Seymour, D.B., Green, G.R., and Calver, C.R. 2007. The Geology and Mineral Resource of Tasmania: a
summary. Geological Survey Bulletin 72. Mineral Resources Tasmania, Department of Infrastructure,
Energy and Resources Tasmania
Contact:
Stephen Swatton
President, CEO & Director
Additional information about CopperCorp can be found on its website: www.coppercorpinc.com and at
www.sedar.com.
CAUTIONARY STATEMENT REGARDING FORWARD- LOOKING INFORMATION: This news release includes certain
“forward-looking statements” under applicable Canadian securities legislation relating to the Company’s expectations
and plans regarding the Skyline Project, Razorback property and the Jukes and Hydes prospects in Tasmania; plans for
future exploration and drilling at the Jukes and Hydes prospects and the timing of same; the merits of the Company’s
mineral projects and other plans of the Company. Forward-looking statements are statements that are not historical
facts; they are generally, but not always, identified by the words “encouraging”, "expects”, "plans”, "anticipat es”,
"believes”, “interpret”, "intends", "estimates", "projects", "aims", “suggests”, “often”, “target”, “future”, “likely”,
“pending”, "potential", "goal", "objective", "prospective", “possibly”, “preliminary” and similar expressions, or that
events or conditions "will", "would", "may", "can", "could" or "should" occur, or other 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 that such statements are subject to
risks and uncertainties that may cause actual results, performance or developments to differ materially from those
contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate
and actual results and future events could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Factors that could cause future results to differ materially from those anticipated in forward-looking statements include
risks associated with the timing and outcome of the approval process for planned drill programs; that the Company may
experience difficulties in exploration and drilling and carrying out related work; the timing and content of upcoming
work programs; geological interpretations based on geophysical and drilling data that may change with more detailed
information; possible accidents; the possibility that the Company may not be able to secure permitting and other
governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise
sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with
the Company’s expectations; increases in costs; environmental compliance and changes in environmental and other
local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the
Company will encounter unanticipated geological factors a nd exchange rate fluctuations; changes in economic and
political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the
Company's Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators'
System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion
of risk factors and their potential effects.