Kutcho Copper Drills 28m of 5.7% CuEq* (including 10.4m of 12% CuEq*); Provides Project Update
Kutcho Copper Corp. | 717 – 1030 West Georgia Street | Vancouve r, British Columbia | Canada | V6E 2Y3
Telephone: (604) 628‐5623 | www.kutcho.ca
Kutcho Copper Drills 28m of 5.7% CuEq* (including 10.4m of 12% CuEq*);
Provides Project Update
Vancouver, B.C., September 11, 2018. Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho
Copper” or the “Company”) is pleased to announce initial drill results from the Esso deposit at its 100%
owned Kutcho high grade copper-z inc project located in British Columbia and enters into the mineral
resource expansion drilling phase of the 2018 field program.
Drill hole KC18-038-W1 returned 28m of 2.09% Cu, 6.1% Zn, 65.8 g/t Ag and 0.82 g/t Au or a CuEq of
5.7% including a 10.4m massive sulphide intersection of 3.80% Cu, 14.4% Zn, 134.6g/t Ag and 1.84g/t Au
or a CuEq of 12%*.
In addition, drill hole KC18-227-W1 intersected massive to semi -massive sulphide mineralization that
returned 1.17% Cu, 2.5% Zn, 45.7g/t Ag and 0.57g/t Au, or 3% CuEq* over 3.2m. Cross sections of drill
hole locations and mineralization are provided in Figures 1 and 2 below.
Hole ID From
(m)
To
(m)
Interval
(m) Cu % Zn % Ag g/t Au g/t CuEq %*
KC18-038-
W1 495.0 523.0 28.0 2.09 6.1 65.8 0.82 5.7
including 508.3 518.7 10.4 3.80 14.4 134.6 1.84 12.0
including 512.8 515.5 2.6 3.75 45.7 109.9 1.00 23.7
KC18-227-
W1 401.5 404.7 3.2 1.17 2.5 45.7 0.57 3.0
including 404.0 404.7 0.7 1.69 2.0 105.0 1.00 4.7
True width estimated to be 85% length of intercepts.
*CuEq = Copper Equivalent calculated using $2.75/t Cu, $1.10/t Zn, $17.00/Oz Ag, $1250/Oz Au.
Vince Sorace, President & CEO stated, “We have now moved into a n exciting phase of the field program
as the mineral resource expansion drilling at Kutcho is now in full swing and we anticipate releasing drill
results frequently over the course of the next few months. The initial drill holes from Esso represent the
unique high-grade opportunity achievable at the Kutcho project.”
Kutcho Project Update
The comprehensive field program underway at Kutcho is designed to capture all necessary components to
complete the Feasibility Study (FS) that is being led by Ausenc o Engineering. Field work completed and
ongoing to date consists of:
Hydrogeological drilling and well installation has been completed at both Main and Esso.
All geotechnical drill holes at the Esso deposit have been comp leted. Geotechnical drilling at the
Main deposit is currently underway and is anticipated to be completed by the end of September.
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Completion of the surface geotechnical program that consists of a combination of test pit and drill
hole investigations for engineering of the site infrastructure and tailings management facility.
Metallurgical drilling at both the Esso and Main deposits is complete. Lab work to refine recoveries
and mill process design will continue for the next 3 to 4 months.
Baseline environmental programs including water quality measure ments, terrestrial and aquatic
wildlife surveys, air quality measurements and meteorological d ata collection at both the regional
and site-specific scales are 50% complete. Components of this comprehensive program will be
continuously on-going throughout the 2018 and 2019.
Road engineering field studies have been completed along the pr oposed corridor to access the
project from highway 37.
The Company is also progressing detailed engineering studies, d esign work and trade-off studies (mining
method, mine schedule, plant/throughput studies, tailings manag ement facilities, site infrastructure)
towards completion of the Feasibility Study, which is on schedule to be completed in Q2 2019.
Figure 1 Figure 2
TCS Project Update
Kutcho has also commenced a surface program at the TCS property . The TCS property is located 16km
east of Dease Lake and covers the Permo-Triassic Kutcho formation of bimodal volcanic rocks, which host
the Kutcho deposits approximately 90km to the east. TCS present s a pure greenfields opportunity which
has never been drilled. Previous exploration programs have iden tified mineralized and altered bedrock in
creek outcrops and a 600m by 800m Cu-Zn soil anomaly. The 2018 program will consist of prospecting,
mapping and soil sampling to potentially delineate drill targets for future campaigns.
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QA/QC Statement on Assay Results
Diamond drilling conducted on the Kutcho property for 2018 isby Cyr Drilling International of Winnipeg,
Manitoba, using Boyles BBS-37 surface drills, with HQ diameter drill rods. All holes were oriented using
an ACT III core orientation tool and after completion of the dr ill hole, holes were surveyed using a
downhole gyroscopic tool rented from Terraplus Inc. of Richmond Hill, Ontario. Kutcho systematically
inserts certified standards, blanks, and field duplicates consi sting of half core samples into each batch of
samples at regular intervals. Samples are placed in sealed bags and shipped directly to the ALS Minerals
preparatory laboratory in Whitehorse. The 2018 samples are analyzed by ALS Global of Vancouver, British
Columbia. Samples are prepared by crushing the entire sample to 70% passing -2mm, riffle splitting of
250g and pulverizing the split to better than 85% passing 75 mi crons. The core samples also undergo a
robust duplicate assay program that tests rejects and pulps for reproducibility. Samples are also sent to an
umpire lab.
The gold assays are determined by Au-AA23 fire assay method whi ch reports in parts per million (ppm)
(equivalent to grams per tonne (g/t)). Any samples greater than 9.00g/t gold are analyzed by Au-GRA21
fire assay method with a gravimetric finish.
Base metal assays are first determined using the ME-ICP41 method, which reports results as part per million
(ppm). All analyses that reach the overlimits of ME-ICP61 are reanalyzed with an Ore Grade method. The
analytical results are verified with the application of industr y standard Quality Control and Quality
(QA/QC) procedures.
Qualified Person
Rory Kutluoglu, B.Sc. P.Geo., a Qualified Person as defined by National Instrument 43-101, has read and
approved all technical and scientif ic information contained in this news release. Mr. Kutluoglu is the
Company’s Vice President Exploration.
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 intends to progress the Kutcho Project through
feasibility and permitting 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 “expects”, “plans”, “anticipates”,
“believes”, “intends”, “estimates”, “projects”, “potentia l”, “indicates”, “opportunity ”, “possible” and similar
expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Kutcho
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Copper believes the expectations expressed in such forward-looking statements are based 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 uncertainties
include, but are not limited to, 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 markets; 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 di scoveries, the 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 forward-l ooking statements in the event that
management’s beliefs, estimates or opinions, or other factors, should change.