Copper Road Ben Nevis Volcanic Complex Project 2026 Exploration Program Update
Copper Road Ben Nevis Volcanic Complex Project
2026 Exploration Program Update
TORONTO, February 12, 2026 - Copper Road Resources Inc. (TSX-V: CRD) ("Copper Road"
or the "Company") is pleased to provide an update its on-going and planned 2026 Exploration
work program over its Ben Nevis V olcanic Complex (“BNVC”) project, located in the Kirkland
Lake-Larder Lake area of northeastern, Ontario.
Mr. Brian Howlett, CEO of Copper Road commented, “We are very pleased to begin our work
program on the BNVC project. Given its proximity to the Noranda mining camp with over a
century of mining history , this project has some encouraging exploration opportunities. Copper
Road is well funded to initiate its 2026 exploration program, including $1,084,900 raised via a
financing closed on December 31, 2025 and current holdings of 1.78 million shares of Sterling
Metals Corporation with a market valuation of $3.0 million as of February 2026.”
The consolidated claim package consists of 174 mining claim cells covering 10,693 hectares
(“ha”), including 13 contiguous mining rights only patents for an additional 210 ha to the
operational project area. The reader is referred to Copper Road’s December 8, 2025 press release
announcing the signing of four separate option agreements. The project area includes parts of Ben
Nevis, Clifford, Elliott, Arnold and Katrine townships (See Figure 1).
Figure 1: Regional location Map of the Copper Road Ben Nevis V olcanic Complex Project showing the Blake River
Group bounded to the south by the Larder Lake-Cadillac fault zone (LLCfz) and to the north by the Porcupine Destor
fault zone (PDfz) – Source: Modified after Monecke et al., 2017; Expert Geophysics, February 2026.
2026 Exploration Program Outline:
Phase I: Data Interpretations and Property Compilation:
• 3D Inversion of the Mobile MT data, interpretation and recommendations
• Property-scale geological-geophysical compilations into a GIS database
• 1982 OGS reconnaissance till sampling program interpretation
• Initiate Aboriginal consultation – Exploration Agreement
• Exploration Plans and Permit filings
Phase II: Initiate fieldwork activities based on Area of Interest ( “AOIs”) outlined from the
Mobile MT interpretation and recommendation s, and geological-geophysical
compilations, combined with LiDAR data.
• Property-scale LiDAR survey
• Geological mapping, prospecting and sampling
• Stripping, geological mapping and sampling
• Focused ground geophysical surveying
Phase III Maiden diamond drill program on property
• Expecting an initial drill program of up to 6,000 metres
Exploration Update:
Copper Road has received the final data from Expert Geophysics on the recently flown 1,215 line-
kilometre (109 sq.km area) state of the art Mobile Magnetotellurics (“Mobile MT ”) over the
consolidated project holdings. This survey represents the first, all encompassing, electromagnetic
and magnetic data airborne data collection mandate over consolidated BNVC project since 1990
(See Figure 2).
A geophysical consulting group has been retained to process and complete 3D inversion modeling
of the Mobile MT data collected by Expert Geophysics. The objective is to generate a 3D
conductivity model that can be used to interpret prospective structures, formations, alteration, and
mineralization, following an adequate quality control data verification stage. The deliverables will
be a 3D voxel conductivity model and a report covering the work , including applied quality
control.
In addition, the Company has retained a consulting geophysicist to complete an interpretation of
the Mobile MT data and 3D inversion models. The objective of this mandate is to identify targets
for detailed ground geological and geophysical follow-up to outline additional diamond drill
targets for testing in the maiden drill program on the BNVC project.
Figure 2: Fight Lines and underlying geology and mineral occurrences – Expert Geophysics, February 2026.
Expert Geophysics has completed a 2D inversion of the Mobile MT EM data for all surveyed lines.
Initial results are very encouraging based on these results and for reference, a selection of images
with descriptions follow outlining the data and results. (See Figures 3, 4, 5)
Figure 3: The overall resistivity distribution presented in a 3D resistivity representation (voxel). The overall resistivity
differentiations are in the highly resistive range (thousands ohm -m) which is typical for rocks of greenstone belts –
Source Expert Geophysics, February 2026.
Figure 4: A map of apparent conductivity at 138 Hz overlapped with contours of magnetic anomalies derived from
the total magnetic intensity. Note: In general, spatial correlations between magnetic field and resistivity distribution is
expressed in some structural features (dykes and fault -like structures), and at some contact zones – Source Expert
Geophysics, February 2026.
See Figure 6 and 7 and captions on the details for profile lines L1660 and L 2350 related to the
historical mineralization occurrences and their related MT magnetic and conductivity responses.
Figure 5: Structural analysis results show conductive and resistive axes extracted from a series of apparent
conductivity values in a specific data frequency range over the total magnetic intensity colour grid. Note: In general,
spatial correlations between magnetic field and resistivity distribution is expressed in some structural features (dykes
and fault-like structures), and at some contact zones – Expert Geophysics, February 2026.
See below Figures 6 and 7 and captions describing the details for profile lines L 1580 and L2350
related to the historical mineralization occurrences and their related MT magnetic and conductivity
responses:
Area around the Croxall Breccia and Snipe-Brett Mineral Occurrences
Figure 6: The Mobile MT survey provided new geophysical constraints on bedrock resistivity and magnetic
variations. This resistivity voxel and apparent conductivity map show here , highlight lateral continuous resistive and
conductive domains that broadly correspond to variations in volcanic lithologies, intrusive bodies mapped in the area,
to structures and, potentially alteration zones. The magnetic susceptibility data compliment the EM data by
highlighting lithological contrasts between felsic to intermediate volcanic and mafic components, as well as outlining
intrusive bodies and structural breaks. Several conductive trends occur along contacts between magnetic and non -
magnetic units; a setting commonly associated with base -metal occurrences in the Abitibi belt . High magnetic
susceptibility values would represent mafic units / magnetic -bearing phases, dyke -like bodies , or magnetic -rich
horizons. Low magnetic susceptibility could represent felsic/intermediate volcanics, sediments, and/or magnetic -
destructive alteration zones.
Structural axis derived from the EM data define a series of east -west and northeast -trending
conductive features consistent with the regional structural framework. A number of these trends
spatially coincide with known mineral occurrences within the property survey area ,
indicating that the Mobile MT data effectively highlighted structures and lithological
domains that may have focused base metal mineralization along these fluid-flow conduits –
Source Expert Geophysics, February 2026.
See Figure 9 for a description of historical work result highlights.
Zn/Pb: Area of the Canagau Shaft - Zn/Cu: Area of the Erhard Occurrence
Figure 7: See caption for Figure 6 on details – See Figure 9 for historical work results
Property Background – Metallogenic Ore Deposit Model and the Exploration Discovery
Potential Rationale – Why the Ben Nevis Volcanic Complex (BNVC) –
The BNVC is located within the upper Blake River Group ( “BRG”). It is the youngest volcanic
sequence within the metal endowed Abitibi greenstone belt. Of all the Archean sequences in the
Abitibi greenstone belt, the BRG contains the most abundant concentration of volcanogenic
massive sulphide (“VMS”) deposits.
Approximately half of the total VMS tonnage of the Abitibi greenstone belt is hosted in the BRG,
and about 90% of the total Cu-Zn-Ag-Au in the belt is found in the BR G. The Noranda VMS
mining district is located approximately 40 kilometres to the east of the BNVC in Quebec, hosts
23 distinct VMS deposits. The Doyon-Bousquet-Laronde camp further to the east, hosts 11 VMS
deposits within the Upper BRG rocks1.