Dec 24, 2025 News Release - Chile's National Mining Authority Approves Super Copper's Cordillera Project
Chile's National Mining Authority Approves
Super Copper's Cordillera Project
SERNAGEOMIN approval advances the Cordillera Cobre Project toward final mining rights in the
Atacama copper belt
VANCOUVER, BC
,
Dec. 24, 2025
/CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB:
CUPPF) (FSE: N60) ("
Super Copper
" or the "
Company
"), is pleased to announce a major
milestone at its flagship Cordillera Cobre copper project in
Chile
(the "
Cordillera Cobre Project
"),
which has now received approval for 26 mining concessions from
Chile's
National Mining Authority
("
SERNAGEOMIN
"). These concessions cover approximately 6,858 hectares in the Atacama copper
belt.
Concessions Approved, Project Enters Final Stage of Title Registration
Cover Image (CNW Group/Super Copper Corp.)
Super Copper, through its Cordillera Cobre Project joint venture
(1)
, has
now completed the most
technical and challenging portion of the Chilean mining rights process.
A total of 26
exploitation concessions that make up the Cordillera Cobre claim block have been fully approved by
the National Geology and Mining Service.
Following these approvals:
25 concessions
have received formal court resolutions establishing them;
15 concessions
have had their legal extract published in the Official Mining Gazette; and
Registration in the Copiapó Mining Registry is now underway.
Once registration is complete, each concession becomes a legally constituted exploitation
concession, granting, full and permanent mining rights.
Zachary Dolesky, CEO of Super Copper, commented:
"
This is a critical milestone for Super
Copper. Securing exploitation concessions, not just exploration rights, gives full and permanent
mining rights at Cordillera Cobre.
With the title process effectively complete and registration progressing as planned, we are
positioned to submit our drill program promptly upon finalizing results from our most recent
exploration work. This positions Super Copper to advance one of the most exciting new copper
projects in the Atacama region, at a time when global copper demand is entering a major structural
deficit
."
What Exploitation Concessions Mean for Shareholders
Super Copper, through its joint venture, is advancing toward securing
exploitation concessions
,
the highest and most secure category of mineral rights in
Chile
. Unlike temporary exploration
permits, exploitation concessions grant permanent mining rights, full legal control of the subsoil, and
the ability to conduct drilling, development work, extraction, and long-term mine construction.
Once registered, they provide
full and permanent mining rights
, including the right to:
Drill and build drill platforms
Conduct advanced exploration
Develop economic studies
Construct mining operations
Produce and sell copper and resources from the property
Drilling Timeline: First Concessions Targeted for Registration in Early 2026
With publication complete for 15 concessions and registration underway, Super Copper expects the
first group of concessions to become fully constituted and drill-ready during Q1 2026
.
Upon registration, the Company plans to:
1
.
Submit its drilling notice to SERNAGEOMIN
(up to 40 drill platforms under the simplified
procedure);
2
.
Finalize drill logistics and contractor selection
; and
3
.
Finalize Phase 1 drill
program on its highest-priority targets, including areas defined by recent
IP and ground magnetics.
Super Copper will update shareholders as concessions complete registration.
The Company (through its wholly owned subsidiary) previously entered into a joint venture
agreement dated
September 1, 2023
, with Gardner Y Esteffan Limitada regarding the future
exploration and development of the Cordillera Cobre Project. The joint venture agreement provides
the Company with the right to earn up to a 100% interest in the Cordillera Cobre Project by
completing a series of cash payments, share issuances and exploration expenditures, as previously
disclosed. The concession applications for the Cordillera Cobre Project were submitted by the
Company's joint venture partner. Super Copper (through its wholly owned subsidiary) is the manager
and controlling decision-maker for exploration and development activities carried out pursuant to the
joint venture agreement, overseeing all operational work at the Cordillera Cobre Project.
QP Statement
All scientific and technical information in this news release has been prepared by, or approved by
Michael Dufresne
, M.Sc., P.Geol., P.Geo. Mr. Dufresne is an independent qualified person (QP)
for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Super Copper Corp.
Super Copper is a mining exploration company focused on acquiring, advancing and consolidating
global copper assets from early discovery through late-stage development. The company is currently
advancing its copper projects in Atacama,
Chile
, a region with world-class infrastructure and the
presence of global majors. By operating a single, integrated technical team and a milestone-driven
acquisition strategy, Super Copper aims to build a portfolio of scalable projects capable of supplying
the world's accelerating demand for copper. |
www.supercopper.com
The Canadian Securities Exchange has not reviewed this press release and does not accept
responsibility for the adequacy or accuracy of this news release.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable
securities laws. All statements, other than statements of historical fact, that address activities,
events, or developments that the Company anticipates or expects may occur in the future are
forward-looking statements. Forward-looking statements in this release include, but are not limited
to: finalizing a drill program on the first group of concessions as soon as registration is completed;
each concession becoming a legally constituted exploitation concession; the Company obtaining drill
permits granting full and permanent mining rights; the expected timing and completion of concession
registrations at the Cordillera Cobre Project; the advancement of those concessions to full
exploitation (mining) rights; the Company's expectations regarding drill-readiness and the timing of
drilling activities; the preparation and submission of drilling notices; the development of the
Company's Phase 1 drill program; the potential outcomes or impacts of future exploration or
development activities on the Cordillera Cobre Project; the Company's continued exercise of its
rights under the Cordillera Cobre joint venture agreement; the Company's ability to maintain its role
as manager and controlling decision-maker for exploration and development activities; and the
Company's expectations regarding the future earn-in of additional ownership interests in the
Cordillera Cobre Project.
Forward-looking statements reflect management's current beliefs, expectations, and assumptions as
of the date of this news release and are subject to a number of risks and uncertainties that could
cause actual results to differ materially from those anticipated. These risks and uncertainties include,
but are not limited to: delays or changes in the legal or administrative processes governing
concession registration in
Chile
; risks relating to the Company's ability to obtain the required
authorizations, approvals, or permits for drilling or exploration activities; operational, logistical, or
technical challenges that may impact exploration plans; fluctuations in commodity prices; variations in
exploration or geological results; risks associated with fulfilling remaining earn-in expenditures,
payments, or share issuances under the joint venture agreement; risks relating to the Company's
ability to continue serving as manager of the Cordillera Cobre Project; risks associated with the fact
that joint venture partner remains the registered applicant for the concessions under Chilean law; if
joint venture agreement is terminated for any reason, the Company may lose a portion of its interest
in the Cordillera Cobre Project; the inability of the Company to make its required contributions under
the joint venture agreement which may result in dilution to the Company's interest in the Cordillera
Cobre Project; and broader economic, regulatory, or geopolitical conditions that may affect
development activities or timelines.
Forward-looking statements are often identified by words such as "anticipate," "believe," "expect,"
"intend," "estimate," "plan," "may," "will," "should," "potential," and similar expressions, or statements
that events or conditions "may" or "will" occur. Although Super Copper believes that the expectations
expressed in these forward-looking statements are reasonable, no assurance can be given that they
will prove correct, and actual results may differ materially.
Except as required by applicable law, the Company undertakes no obligation to update or revise
forward-looking statements in this release as a result of new information, future events, or
otherwise. Investors are encouraged to review the risk factors described in the Company's public
filings before making any investment decisions.
SOURCE
Super Copper Corp.
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For further information:
For further information please contact: Zachary Dymala-Dolesky, Chief
Executive Officer, Super Copper Corp., [email protected], Tel: +1 (778) 747-2968
CO: Super Copper Corp.
CNW 09:10e 24-DEC-25