Copper Quest Announces Adoption of Semi-Annual Reporting
CSE: CQX WWW.COPPER.QUEST
Copper Quest Announces Adoption of Semi-Annual
Reporting
May 22, 2026
Vancouver, British Columbia – Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX)
(“Copper Quest” or the “Company”), announces that it has elected to adopt semi-annual financial
reporting ("SAR") in reliance on Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual
Reporting for Certain Venture Issuers ("CBO 51-933").
Under the SAR framework, the Company will be exempt from filing interim financial reports and
related Management's Discussion & Analysis ("MD&A") for its first and third quarters. Specifically:
• the Company will not file interim financial reports or related MD&A for the first quarter (Q1)
ending March 31, 2026, or the third quarter (Q3) ending September 30, 2026; and
• the Company will continue to file audited annual financial statements within 120 days of
December 31 and six-month interim financial reports within 60 days of June 30.
The Company confirms that it meets the eligibility criteria under CBO 51-933, including that it is a
venture issuer with annual revenues of less than $10 million and is current in all required periodic
and timely continuous disclosure filings.
This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit
Semi-Annual Reporting for Certain Venture Issuers.
About Copper Quest Exploration Inc.
The Company's land holdings comprise 8 projects that span over 46,000 hectares in great mining
jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value
through acquisitions, discovery-driven exploration, and responsible development of its North
American portfolio of assets. The Company’s common shares are principally listed on the Canadian
Stock Exchange under the symbol “CQX”. For more information on Copper Quest, please visit the
Company’s website at www.copper.quest.
Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20
kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018
National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource
of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au,
that represents an inferred resource of 142,000 oz of gold* (*McCuaig & Giroux, March 6, 2018, NI43-
101 Technical Report for the Alpine Property, BC, Canada. Further drilling is necessary by the Company to
upgrade/verify the estimate. The QP has not done sufficient work to make the resource current and the
Company is not treating the estimate as current.). Apart from the Alpine Mine itself the property hosts
4 other less explored significant vein systems including the past -producing King Solomon vein
workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system. *The
Company has not yet completed sufficient work to verify the 2018 historic inferred resource results.
Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper-Molybdenum
Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone
discovery drill intersection highlights of 0.466% Cu over 195.07m in drill hole DD18SS004 from
23.47m, 0.200% Cu over 396.67m in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m
in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5X2.5 -kilometer
annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and
surrounding hornfels.
Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning
2,954 hectares within the Skeena Mining Division of northwestern British Columbia located northwest
of the deep-water port community of Kitimat, British Columbia. The property benefits from
exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage
hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the
most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16
diamond drill holes totaling 4,437.5 meters in the Jeannette Cu -Au Zone, and drill intersection
highlights of 0.54% Cu and 1.03 g/t Au over 117.07 m in Hole J-7 from 1.52 m, 0.55% Cu and 1.00 g/t
Au over 103.65m in Hole J-1 from 9.15 m, 0.45% Cu and 0.80 g/t Au over 107.01m in Hole J-2 from
6.10 m, and 0.33% Cu and 0.41 g/t Au over 112.20m in Hole J-8 from 11.89 m.
Copper Quest has a 100% interest in the past-producing, road accessible Auxer Gold Mine, spanning
1,087 hectares located in Bonner County, Idaho, USA. This orogenic gold opportunity is positioned
along one of the region’s most significant structural corridors located within the prolific Hope Fault
system. Historical exploration has demonstrated exceptional gold grades, with the 1936 Platts report
documenting up to 21.0 g/t Au in surface samples and underground workings showing consistent
mineralization over 4.3-meter widths averaging 9.42 g/t Au at an 18-meter depth.
Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration
opportunity located in Lemhi County, Idaho, USA, along the prolific Idaho-Montana porphyry copper
belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via
maintained U.S. highways and forest service roads and consists of 70 unpatented federal lode claims
covering 585 hectares.
Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares
in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property.
Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern
British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating
significant copper and precious metal mineralization potential.
Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible
Rip Porphyry Copper-Molybdenum Project, spanning 4,700-hectares located in the Bulkley
Porphyry Belt in central British Columbia.
On behalf of the Board of Copper Quest Exploration Inc.
Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829
For further information contact:
Investor Relations
Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively,
“forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than
statements of historical fact included herein, including without limitation, future operations and activities of
Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always,
identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and
similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be
achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements
are made and are based upon a number of assumptions and estimates based on or related to many of these
factors. Such factors include, without limitation, risks associated with possible accidents and other risks
associated with mineral exploration operations, the risk that the Company will encounter unanticipated
geological factors, risks associated with the interpretation of exploration results, the possibility that the Company
may not be able to secure permitting and other governmental clearances necessary to carry out the Company's
exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business
plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the
Company's business and prospects. Readers should not place undue reliance on the forward-looking statements
and information contained in this news release concerning these items. The Company does not assume any
obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should
they change, except as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release,
and does not accept responsibility for the adequacy or accuracy of this release.