King Copper Discovery Corp. Trades as KCP Effective Today
TSX.V:KCP OTCQX:TBXXF FRA:3RI Page 1 of 2
King Copper Discovery Corp. Trades
as KCP Effective Today
March 11, 2025
Vancouver, BC – King Copper Discovery Corp. (“King Copper” or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-
FSE) name change and symbol change to KCP-TSXV is effective as of the market open today.
Turmalina Metals Corp. previously announced this corporate name change to “King Copper Discovery Corp.” The
new CUSIP number for the Company’s common shares will be 494726102, and the new ISIN number will be
CA4947261026. The share capital of the Company is unchanged.
The updating of various presentation materials, which is in progress, will reflect the Company’s focus on the
Colquemayo copper-gold-silver project, which is located in the Moquegua department, near the border with the
Arequipa department in Southern Peru. The new website address, being constructed now, will be
www.kingcopperdiscovery.com
The road-accessible project, of which the Company has an option to earn a 100% interest, covers 6,600 hectares
with copper-gold-silver mineralization in high -sulphidation epithermal systems hosted by phreatomagmatic and
hydrothermal breccias that have been emplaced into Miocene to Pliocene andesitic volcanic rocks . Intense
hydrothermal alteration has been mapped over an area of 10 km by 3 km.
The high-grade potential of the Colquemayo mineralized system is illustrated by prior drilling that returned up to
15.15 metres of 27% copper , within a broader 237.3 metre intercept of 2.4% copper starting at a down -holed
depth of 306.25m. In addition to targeting extensions to this high -grade epithermal mineralization, King Copper
Discovery Corp.’s exploration will follow up indications of an underlying copper porphyry system identified in prior
drilling. The Company’s exploration model at Colquemayo draws on its similarities to linked epithermal and porphyry
systems in the Andes, a prime example being Filo del Sol, in Argentina.
Historic drill results from Colquemayo (see King Copper News Release dated July 3, 2024 for details) include an
intersection that returned:
• 237.3 m @ 2.4 % Cu, 0.08 g/t Au & 10 g/t Ag, including
o 161.2 m @ 3.4% Cu, 0.09 g/t Au & 14 g/t Ag, and
o 31.3 m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag.
A drill program is being designed on the basis of an exploration model developed from the re- logging of
approximately 20,000 metres of historic drill core, integrated with assay data, mapped geology and mineral
alteration zoning.
King Copper Discovery Corp. has established access to the Project for initial baseline fieldwork and has maintained
close contact with the communities of Palcamayo and Amata, which own most of the surface rights in the Project
area. The Company has also initiated contacts with neighbouring communities and local authorities to inform them
about the nature and status of the Project.
TSX.V:KCP OTCQX:TBXXF FRA:3RI
Page 2 of 2
The Company has engaged INSIDEO, an environmental consulting company based in Lima, to complete baseline
studies and prepare and environmental impact assessment (the Declaracion de Impacto Ambiental - the ‘DIA’),
which is a key requirement for the drill permit application . INSIDEO has completed all related fieldwork originally
planned, including soil and water sampling, air quality and noise control tests, and all studies related to the biological
baseline.
The board of directors of the Company has also approved the grant of 6.8 million stock options to certain officers,
directors, employees and consultants of the Company under the Company's stock option plan. The options have
an exercise price of 15 cents and a term of five years. The Company has also entered into a 6-month investors
relations agreement with Conrad Orzel of Vancouver, British Columbia for a fee of CAD $3000 per month and
100,000 stock options (included within the above mentioned grant total) with a term of five years, vesting over a 12
month period.
On Behalf of the Company,
Jonathan Richards, Chief Executive Officer and Director.
Website: kingcopperdiscovery.com
Address: #1507 - 1030 West Georgia St, Vancouver, BC V6E 2Y3.
For Investor Relations enquiries, please contact +1 604 229 5208 or via [email protected].
Statements
About King Copper Discovery Corp and Our Projects: King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper
project in South America. The Company is led by a team responsible for multiple gold-copper-silver discoveries.
Forward Looking Statement: This news release includes certain statements that may be deemed “forward-l ooking statements”. All statements in this
news release, other than statements of historical fac ts, that address ev ents or developments that the Company expects to occur, are forward-l ooking
statements. Forward-l ooking statements are statements that are not historical fac ts and are generally, but not always, identified by the words “ex pects”,
“plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that ev ents or conditions “will”, “would”, “may”,
“could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-
looking statements. Forward looking s tatements in this news release include the c losing of the Name Change. Factors that could cause the actual
results to differ materially from those in forward-looking statements include the receipt of regulatory approvals, market prices, continued availability
of capital and financing, and general economic, market or business conditions, as well as legal, social, and economic conditions in Argentina and
Peru, where the Company’s mineral ex ploration properties are located. Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from those projected in the forward-l ooking statements . Forward-l ooking
statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required
by applicable sec urities laws, 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.
Qualified Person: All scientific and technical information in this news release has been approv ed by Dr. Rohan Wolfe, Technical Advisor, MAIG, who
serves as the Qualified Person (QP) under the definition of National Instrument 43-1 01. Dr Wolfe has conducted a review of historic data at the project,
reviewed the Company’s due diligence study of the Project and has conducted an independent QA/QC review of historic drilling assays, and consents to
the inclusion of this information in the form and context in which it appears.
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 or has in any way approved or disapproved of the contents of this press
release.