CopperCorp Confirms Significant Outcropping Mineralization at Hydes and Commences Ground Gravity Surveys at Razorback
Vancouver, B.C. (TSXV: CPER) (OTCQB: CPCPF)
CopperCorp Confirms Significant Outcropping
Mineralization at Hydes and Commences Ground
Gravity Surveys at Razorback
VANCOUVER, BC February 18, 2025 – CopperCorp Resources Inc. (TSXV: CPER) (OTC QB: CPCPF)
(“CopperCorp” or the “Company”) is pleased to provide an update on its ongoing exploration activities at
the Company’s 100% Razorback Copper-Gold-REE property in western Tasmania, Australia (Figures 1 and
2).
Highlights
• Exploration field crews have successfully located outcropping copper mineralization at the Hydes
prospect in the vicinity of a 1960’s surface channel sampling program reported by BHP that
returned 23.0m @ 0.8% Cu. Follow-up mapping and sampling is ongoing at Hydes
• Gravity survey crews have been mobilised to site and have commenced planned ground gravity
surveys over the Jukes and Hydes priority target areas. Line-cutting crews have been sourced to
cut IP survey grids at Jukes and Hydes with work anticipated to commence during March
• ICP Securities Inc. engaged for automated market making services
Field Exploration Update
Outcropping High-Grade Copper Mineralization Located at Hydes
The historically sampled outcropping chalcopyrite mineralization at Hydes has been successfully located
by CopperCorp field crews (See F igures 3 and 4). The mineralization occurs in chlorite altered volcanic
host rocks, exhibiting strong similarities in style to copper-gold mineralization at Jukes and deeper levels
of the Mt Lyell Cu-Au system. Follow-up detailed mapping and sampling programs have been prioritized
and commenced at Hydes. Assay results of rock sampling will be released as soon as they are available.
At Hydes, which remains untested by drilling, a modelled elongated magnetic pipe feature extends up to
1km vertically and occurs coincident with a circular residual gravity high anomaly around 1km in diameter
with a peak amplitude of 4.6mGal, positioned on a large NW -trending fault structure (Figures 6 and 7).
Outcropping chalcopyrite mineralization that flanks the modelled magnetitic feature at Hydes has been
successfully located by CopperCorp field crews. The mineralization was surface channel sampled by BHP
in the 1960’s and returned 23.0m @ 0.8% Cu (gold not assayed, see figure 6 .) but has had no follow -up
exploration since that time.
Gravity Surveys
Ground gravity surveys will focus initially on the Jukes and Hydes target area before moving on to cover
the South Darwin and Linda target areas. The surveys are planned to infill around existing broad spaced
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
gravity survey points (averaging approximately 1000m spacings) to provide higher resolution data (at
200m to 400m spacing) and enable more accurate mapping of prospective gravity anomalies for drillhole
targeting.
As previously announced 1, 3D inversion modelling of magnetic and gravity data indicates highly
prospective coincident magnetic pipe and gravity features at the Jukes and Hydes prospect areas
characteristic of IOCG deposits and with similarities to the Mt Lyell Cu-Au system (3Mt contained copper
at 1% Cu, and 3Moz contained gold at 0.3g/t Au) located along trend 10km to the north of Jukes.
Recent drilling by CopperCorp at the Jukes prospect 2 confirmed significant Cu -Au mineralization
associated with chlorite -magnetite alteration flanking an elongate pipe -like magnetic high feature with
the core of the pipe extending up to 700m in a N-S direction, and up to 1.4km vertically below outcropping
mineralization at surface. 3D gravity inversion modelling based on wide-spaced historical gravity survey
data defined a significant gravity high anomaly located adjacent and partially overlapping the modelled
magnetic pipe at Jukes. The area of the modelled gravity high feature is overlain by cover sequence rocks
and remains untested by drilling. It is anticipated that higher resolution data from the current gravity
survey will enable higher confidence drill targeting to test the gravity feature.
The position of the magnetic and gravity features at Hydes and Jukes lies directly adjacent to large NW-
trending faults and is considered to indicate potential for highly prospective structurally controlled
mineralized pipes typical of the Mt Lyell system where anomalous gravity features occur associated with
the larger mineralized pipe bodies that have depth extensive chlorite-magnetite-apatite-biotite alteration
zones (e.g. Prince Lyell and Western Tharsis orebodies).
Next Steps - Gridding and Drill Hole Planning
Line cutting crews for gridding at both Hydes and Jukes have been engaged and are anticipated to
commence work during March. It is anticipated that commencement of IP surveys will follow completion
of the grid cutting.
Planning and permitting is currently underway for follow -up drilling at the Jukes prospect and possible
maiden drill testing at Hydes. Results from the detailed ground gravity surveys as well as the upcoming IP
surveys will be used to inform and refine additional future drill planning at the prospects.
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 priority target zones 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. Jonathan Davis, Project Geologist standing next to outcropping chalcopyrite in chlorite altered
volcanics at the rediscovered overgrown 1960’s BHP Hydes sample site.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 4. Example of chalcopyrite mineralization in chlorite altered host rocks from recently located
outcrop at the Hydes prospect.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 5. Jukes Zone area with complete bouguer anomaly (CBA), 20km high-pass (HP20km) residual
gravity image, TMI 1VD magnetic contours, and recent CopperCorp drilling results.
550-800 West Pender St. Vancouver, BC V6C 2V6 | E: [email protected] | W: coppercorpinc.com
Figure 6. Hydes Zone area with complete bouguer anomaly (CBA), 20km high-pass (HP20km) residual
gravity image and TMI 1VD magnetic contours.