Turmalina Metals Name Change to King Copper Discovery Corp.
Turmalina Metals Name Change to King Copper Discovery Corp.
VANCOUVER, British Columbia, March 04, 2025 -- Turmalina Metals Corp. (“ Turmalina ”, or the “Company”; TBX-TSXV,
TBXXF-OTCQB, 3RI-FSE) is pleased to provide an update on the recently announced corporate name change, from “Turmalina
Metals Corp.” to “King Copper Discovery Corp.” and a symbol change on the TSXV from TBX to KCP, which is effective March
11, 2025 (the "Name Change ").
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 will remain 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 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.
Historic drill results from Colquemayo (see Turmalina 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
◦ 161.2 m @ 3.4% Cu, 0.09 g/t Au & 14 g/t Ag, and
◦ 31.3 m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag.
Vice President and Director, Chico Azevedo, states “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, our exploration will follow up indications of an underlying copper porphyry system identified in prior drilling. Our
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”.
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.
The Company 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.
Turmalina 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.
On Behalf of the Company,
Jonathan Richards, Chief Executive Officer and Director.
Website: turmalinametals.com
Address: #1507 - 1030 West Georgia St, Vancouver, BC V6E 2Y3.
For Investor Relations enquiries, please contact +1 833 923 3334 (toll free) or via [email protected].
Statements
About Turmalina Metals Corp. and Our Projects: Turmalina is a TSXV-listed exploration company focused on the
Colquemayo gold-copper project in South America. Turmalina 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-looking
statements”. All statements in this news release, other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking statements. 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”, “potential” and similar expressions, or that events 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 statements in this news
release include the closing 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 exploration 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-looking statements. Forward-looking 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 securities laws, the
Company undertakes no obligation to update these forward-looking 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 approved by Dr. Rohan Wolfe,
Technical Advisor, MAIG, who serves as the Qualified Person (QP) under the definition of National Instrument 43-101. 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.