Kutcho Copper Announces Commencement of Geophysical Surveys
Kutcho Copper Corp. | 717 – 1030 West Georgia Street | Vancouver, British Columbia | Canada | V6E 2Y3
Telephone: (604) 628-5623 | www.kutcho.ca
Kutcho Copper Announces Commencement of Geophysical Surveys
Vancouver, B.C ., July 5, 202 3. Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) (“Kutcho
Copper” or the “Company”) is pleased to announce it has commenced the planned geophysical surveys (see
news release dated February 28, 2023) at its feasibility stage, high-grade copper-zinc development project
located in north-western British Columbia.
Vince Sorace, President & CEO of Kutcho Copper comments: “We announced our plans for a regional
exploration program in February, that program has now commenced, beginning with a dual VTEM and
ZTEM aerial geophysical survey. VTEM is useful for definition of shallow VMS mineralisation and can
clearly pick out potential targets to 300m depth such as the Main and Sumac deposits. The ZTEM survey
is focussed deeper in the 300-800 m depth range and will cover around 90% of the prospective Kutcho
Formation on the property. This latter technique has been chosen to highlight potential targets similar to
our Esso deposit. Combined, the two surveys will investigate a significantly larger volume of prospective
Kutcho Formation rocks, particularly to depth, than ever before.
“In addition, within our prime mineralized corridor of Main-Sumac and Esso, we will be utilising a seismic
survey to define the orientation and depth of the most prospective rock package and extending coverage up
to 2km west of the high-grade Esso deposit. The combination of our new and old data will be used to
develop a follow-up drill program for the most compelling targets.”
These programs represent the first time that the highly effective modern VTEM and ZTEM geophysical
techniques will have been deployed together to conduct an evaluation of the most prospective mineralized
horizons that already host the three known VMS deposits.
Highlights of the program underway include:
• 802 line km of VTEM (Versatile Time domain Electro -Magnetic) on 100m line spacing – depth
focus 0 -300 m (includes total magnetic intensity data to enhance the projects magnetic data
coverage).
• 1,557 line km of ZTEM (Z-Axis Tipper Electro -Magnetic) on 200m line spacing – depth focus
300-800 m, but has been shown to have up to 1,500 m of depth penetration in some locations.
• VTEM and ZTEM surveys are due to complete data acquisition in mid-July.
• The seismic survey with a depth focus 0-1,000 m.
• Integrated targeting will be perform ed on data as it is released from providers from the various
surveys for development of drill programs on compelling targets.
The Kutcho Project encompasses ~90% of the prospective Kutcho Formation rocks east of Dease Lake,
B.C. These prospective volcanic rocks are folded, repeating the favourable mineralized horizon that hosts
the Main, Sumac and Esso volcanogenic massive sulphide (“VMS”) deposits three times within the Project
boundary, including the areas hosting the known deposits.
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Figure 1 – Location of VTEM, ZTEM and Seismic surveys
Qualified Persons
The technical or scientific information in this press release has been reviewed and approved by Andrew
Sharp, P.Eng BC (Lic. No. 47907), FAusIMM, Chief Operating Officer for Kutcho Copper, who serves as
a qualified person under the definition of National Instrument 43-101.
About Kutcho Copper Corp.
Kutcho Copper Corp is a Canadian resource development company focused on expanding and developing
the Kutcho high grade copper-zinc project in northern British Columbia. Committed to social responsibility
and the highest environmental standards, the Company recently completed a feasibility study on the Kutcho
project and is advancing permitting with the objective of getting to a positive construction decision.
Vince Sorace
President & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper Corp, please email [email protected] or visit our website
at www.kutcho.ca.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed “forward -looking statements” with respect to the
Company within the meaning of applicable securities laws. Forward -looking statements are statements that are not
historical facts and are generally, but not always, identified by the words “potential”, “prospective”, “targets” and
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similar expressions, or that events or conditions “will”, occur. Although Kutcho Copper believes the expectations
expressed in such forward -looking statements are base d on reasonable assumptions, such statements are not
guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ
materially from those in the forward -looking statements. Such material risks and uncer tainties include, but are not
limited to, the results of the geophysical programs and their ability to define targets, if any and whether or not such
targets represent mineralization ; the Company’s ability to fund follow -up drill testing of any targets ide ntified and
the results of such follow-up work. In respect of the Company’s feasibility study referenced herein, material risks and
uncertainties include the Company’s ability to raise sufficient capital to fund its obligations under its property
agreements going forward, to maintain its mineral tenures and concessions in good standing, to explore and develop
the Kutcho project or its other projects, to repay its debt and for general working capital purposes; changes in
economic conditions or financial mark ets; the inherent hazards associates with mineral exploration and mining
operations, future prices of copper and other metals, changes in general economic conditions, accuracy of mineral
resource and reserve estimates, the potential for new discoveries, th e potential to convert inferred resources to
indicated or measured resources, the potential to optimize the mine plan, the ability of the Company to obtain the
necessary permits and consents required to explore, drill and develop the Kutcho project and if obtained, to obtain
such permits and consents in a timely fashion relative to the Company’s plans and business objectives for the projects;
the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws
or regulations that could have an impact on the Company’s operations, compliance with environmental laws and
regulations, aboriginal title claims and rights to consultation and accommodation, dependence on key management
personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable
beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required
by law, the Company undertakes no obligation to update these for ward-looking statements in the event that
management’s beliefs, estimates or opinions, or other factors, should change.