CopperCorp Commences First-Ever Diamond Drilling Program at Hydes Cu-Au Prospect
Vancouver, B.C. (TSXV: CPER) (OTCQB: CPCPF)
CopperCorp Commences First-Ever Diamond Drilling
Program at Hydes Cu-Au Prospect
VANCOUVER, BC – August 5, 2025 – CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: C PCPF)
(“CopperCorp” or the “Company”) is pleased to annou nce the commencement of our 2025 maiden
diamond drilling program at the Hydes prospect, located within the Company’s 100%-owned Razorback
Cu-Au-REE Project (EL8/2023) in western Tasmania, Australia (Figures 1 and 2).
Highlights
• First-ever drill program at Hydes targeting priority gravity and geochemical anomalies associated
with high-grade copper-gold surface mineralization.
• First drill hole (HDD001) targets a gravity high feature at depth below outcropping mineralization
with recent surface channel sampling results including 1:
o 24m @ 0.74% Cu and 0.36g/t Au in channel sampling, including
14m @ 0.97% Cu and 0.56g/t Au
• Permitting approvals currently received for up to 6 diamond drill holes for 4,600 metres testing
multiple coincident geophysical and geochemical anomalies at Hydes.
• IP (Induced Polarization) geophysical survey now sc heduled for mid-August, aiming to further
refine drill targeting by mapping chargeability zon es potentially associated with sulphide
mineralization at depth.
• Hydes prospect is owned 100% by CPER and is located along tend from the 3Mt Cu and 3Moz Au
Mount Lyell copper-gold mine camp with excellent access to mining infrastructure and services.
Stephen Swatton, President and CEO of CopperCorp, commented:
“I am pleased to report that drilling of hole HDD001 has commenced at the Hydes prospect. This is the first
ever exploration hole drilled at this location and marks a significant milestone for the Razorback property
as we step out and begin to drill one of several un tested exploration targets within this license.
CopperCorp’s surface rock sampling and detailed gravity modelling in conjunction with historical magnetic
data have highlighted Hydes as a compelling high-grade copper-gold target with strong similarities to the
nearby Mt Lyell deposit. In parallel with drilling, the upcoming IP survey will allow us to build a mo re
comprehensive geophysical model helping refine future drill hole positioning and enhancing our ability to
vector toward mineralization”
Hydes Drill Program
Formal approvals have been granted for the drilling of an initial 6 holes totalling approximately 4,600m at
the Hydes prospect. The planned drilling is designed to test high-priority target zones defined by:
• Gravity anomalies interpreted to reflect possible dense sulphide-rich mineralization at depth;
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
• Surface copper-gold anomalies, including broad zones of chalcopyrite-bearing outcrop; and
• Structurally favourable zones located proximal to historic copper workings and mapped alteration
corridors
The first drill hole will target the central Hydes coincident gravity-geochemistry anomaly (Figure 3),
stepping down-dip from outcropping mineralization where previous channel sampling returned 24m @
0.74% Cu and 0.36g/t Au , including 14m @ 0.97% Cu and 0.56g/t Au 1. This initial hole is expected to
provide critical geological information on lithology, alteration style, and mineralization controls within the
target zone area.
While six holes are currently permitted for drilling at Hydes, the final sequence and extent of the program
may be adapted based on real-time geological observations and results from early drilling. Additionally,
interpretations from the upcoming dipole-dipole Ind uced Polarization (IP) survey – now scheduled to
commence in early-mid August—may also inform refinements to drill hole positioning and prioritization.
This adaptive approach will ensure that follow-up d rilling is responsive to developing geological and
geophysical insights.
About the Hydes Prospect
The Hydes prospect is located within the 100% CPER-owned Razorback Cu-Au-REE property, 5km south of
the Company’s Jukes prospect and just 15km south of the Sibanye-Stillwater owned Mt Lyell copper-gold
mining camp (3Mt contained copper and 3Moz contained gold) (Figures 1 and 2). There are no net smelter
return royalties on this project.
Recent assay results from channel sampling of outcr opping copper mineralization at Hydes confirmed
high-grade Mt Lyell style copper-gold potential in the area with a significant mineralized interval of 24m
@ 0.74% Cu and 0.36g/t Au, including 14m @ 0.97% Cu and 0.56g/t Au 1.
The mineralization at Hydes is closely associated w ith N-S trending zones of strong pyrite-chlorite
alteration up to 300m wide and exhibiting similarit ies to mineralized zones identified and successfull y
drilled by CopperCorp at the Jukes prospect, as wel l as deeper, chlorite-dominant levels of the nearby
Sibanye-Stillwater owned Mt Lyell Cu-Au system.
Recently updated geophysical 3D inversion models 1 for Hydes indicate two prominent gravity high
features flanking a central magnetic high feature (Figure 3). The modeled gravity high features are located
at depth below the surface copper-gold in channel samples and strike-extensive chlorite alteration zones.
Geological modelling of major fault structures shows good correlation with the gravity and magnetic 3D
inversion models, and the observed alteration patterns at Hydes supporting our interpretation that the
Hydes area represents a structurally focused hydrothermal discharge zone with similarities to the Mt Lyell
system.
About the Razorback Property
The Razorback property (EL8/2023) spans 171km² and is part of CopperCorp’s 100% owned Skyline Project
portfolio in western Tasmania. The project is located directly along strike and south of the Mt Lyell copper-
gold mine system (3Mt of copper and 3Moz of gold). Razorback is considered prospective for both IOCG
and porphyry-style Cu-Au mineralization.
The Company’s project-scale exploration efforts acr oss the district south and east of Mt Lyell have
identified multiple priority targets, including Juk es, Linda North, Linda South, and Hydes, all of whi ch
demonstrate geological and geophysical characteristics with strong affinities the Mt Lyell mineralization
system.
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. Hydes cross-section 5326400mN (looking north) showing revised 3D inversion models for
magnetics (psuedocolour grid) and gravity/density (pink isosurface shells) and planned first drill hole
trace targeting the Hydes gravity anomaly down-dip of outcropping mineralization.
About CopperCorp
CopperCorp is a TSX.V listed (TSX.V: CPER) explorat ion 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 ne ws 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.
This news release may contain information about adj acent 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.
References
1CPER: TSXV News Release 10 th June 2025
Adjacent Property (Mt Lyell) Information Sources:
Sibanye-Stillwater company website information as of May 12 th 2024
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
New Century Resources: ASX Announcement 23 rd January 2023
New Century Resources: ASX Announcement 27 th 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 INFO RMATION: This news release includes certain
“forward-looking statements” under applicable Canadian securities legislation relating the Company’s expectations and
plans regarding the Skyline Project, Razorback property and the Hydes prospect in Tasmania; plans for future exploration
and drilling at the Hydes prospect 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”, "exp ects”, "plans”, "anticipates”, "believes”, “interpret”, "intends",
"estimates", "projects", "aims", “suggests”, “often ”, “target”, “future”, “likely”, “pending”, "potent ial", "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 Compa ny'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 the timing and outcome of the approval process for final granting of the EL11/2024 application; 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 drilling 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 and 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.
Forward-looking statements are based on a number of assumptions, including management’s assumptions about the
following: the availability of financing for the Company’s exploration activities; operating and exploration costs; the
Company’s ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental
approvals; market competition; and general business and economic conditions. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.