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WCU.V ·

#2300‐1177 West Hastings Street

Corporate Updates

#2300‐1177 West Hastings Street 

    Vancouver, BC, Canada, V6E 2K3 

    T: 604‐638‐3287 / F: 604‐408‐7499 

    www.worldcopperltd.com 

NR 21-05 February 12, 2021

World Copper Appoints New Director

FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copp er Ltd. (“ World Copper”) -

(TSX.V: WCU) announces the appointment of Timothy McCutcheon as a director the Company effective

February 12, 2021. Mr. McCutc heon replaces Stuart Ross on the board of directors and the Company

wishes to thank Mr. Ross for his invaluable contributions during the listing process.

Mr. McCutcheon is a corporate mining executive and capital mark ets professional with over 25 years

business experience. He was a Thompson Extel and Institutional Investor ranked metals and mining analyst

for one of Europe’s largest brokerage firms. He was also a foun der of DBM Capital Partners, a boutique

mining resource merchant bank focused on Eurasian projects. Mr. McCutcheon has led several public

Emerging Market natural resource companies with assets in Russia, Kyrgyzstan, Slovakia, Mali, Chile and

Ghana.

Mr. McCutcheon attended Columbia University and graduated with BA and MBA degrees.

ABOUT WORLD COPPER LTD.

World Copper Ltd., headquartered in Vancouver, BC, is a Canadia n resource company focused the

exploration and development of its two primary copper porphyry projects, Cristal and Escalones, both

located in Chile. World Copper has laid claim to five copper porphyry targets, one with estimated resources

and significant soluble copper mineralization.

The Escalones porphyry-skarn copper-gold project has estimated resources of 185 million tonnes of 0.33%

copper (0.37% CuEq) Indicated and 254 million tonnes of 0.39% copper (0.43% CuEq) Inferred, based on

nearly 25,000m of drill core from 53 holes. In addition, three significant hydrothermal alteration zones,

each measuring between 2,000m and 3,000m in diameter, lie 5-10km to the north of the main discovery.

Mineral resources are not mineral reserves and do not have demo nstrated economic viability as there is no

certainty that all or any part of the resources will be convert ed into reserves. Inferred resources are that

part of a mineral resource for which quantity and grade or qual ity are estimated on the basis of limited

geological evidence and sampling. It is reasonably expected that the inferred resources could be upgraded

to indicated resources with continued exploration.

Cristal is in a prospective porphyry copper belt and with high potential for additional large porphyry

discoveries, and the World Copper team has long been involved i n the Chilean lithiu m space and as such

has a unique skill in navigating the mining sector within the country.

Detailed information is availabl e at the Company’s website at www.worldcopperltd.com, and for general

Company updates please follow us on our social media pages via Facebook, Twitter & LinkedIn.

For further details on the Company readers are referred to the Company's website. To view the

Company’s Canadian regulatory filings, please visit SEDAR.

World Copper Ltd. 2 February 12, 2021

NR21-05 Continued

    #2300‐1177 West Hastings Street 

    Vancouver, BC, Canada, V6E 2K3 

    T: 604‐638‐3287 / F: 604‐408‐7499 

    www.worldcopperltd.com 

Qualified Person

John Drobe, P.Geo., a qualified person as defined by NI 43-101, has reviewed the scientific and technical

information that forms the basis for this news release and has approved the disclosure herein. Mr. Drobe

is not independent of the Company as he is a consultant of World Copper.

On Behalf of the Board of Directors of

WORLD COPPER LTD.

"Hendrik van Alphen"

Hendrik van Alphen

Chief Executive Officer

For further information, please contact:

Henk van Alphen or Michael Pound

Phone: 604-638-3665

E-mail: [email protected]

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)

accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-

looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United

States Private Securities Litigation Reform Act of 1995. A ll statements, other than statements of historical fact,

included herein including, without limitation, statements with respect to anticipated exploration program results from

exploration activities, the discovery and delineation of mi neral deposits/resources/reserves and the anticipated

business plans and timing of future activities of World Copper are forward-looking statements. Although World

Copper believes that such statements are reasonable, it can give no assurance that such expectations will prove to be

correct. Forward-looking statements ar e typically identified by wo rds such as: "believes", "expects", "anticipates",

"intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words

and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would,

might or will occur or be take n or achieved. In maki ng the forward-looking statements in this news release, World

Copper has applied several material as sumptions, including without limitation,, market fund amentals will result in

sustained copper demand and prices, th e receipt of any necessary permits, licenses and regulatory approvals in

connection with the future development of World Copper's Chilean project s in a timely manner, including the

Escalones Project and the Cr istal Project, the availab ility of financing on suitabl e terms for th e development,

construction and continued operation of World Copper's projects and its ability to comply with environmental, health

and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of World Copper to differ materially from any future results, performance

or achievements expressed or implied by the forward-looking information. Such risks and other factors include,

among others, operating and technical difficulties in connection with mineral exploration and development activities,

actual results of exploration activities, including on the Es calones Project and the Cristal Project, the estimation or

realization of mineral reserves and mineral resources, the fact that World Copper's interests in the Cristal Project

and the Escalones exploitation concessions are options only and there is no guarantee that such interests, if earned,

will be certain, the timing and amount of estimated future production, the costs of production, capital expenditures,

the costs and timing of the development of new deposits, requirements for additional capital, future prices of copper,

changes in general economic conditions, changes in the financial markets and in the demand and market price for

World Copper Ltd. 3 February 12, 2021

NR21-05 Continued

    #2300‐1177 West Hastings Street 

    Vancouver, BC, Canada, V6E 2K3 

    T: 604‐638‐3287 / F: 604‐408‐7499 

    www.worldcopperltd.com 

commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining

industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or

construction activities, risks relating to epidemics or pandemics such as COVID–19, including the impact of COVID–

19 on World Copper's business, financial condition and results of operations, changes in laws, regulations and

policies affecting mining oper ations, title disputes, the inability of Worl d Copper to obtain an y necessary permits,

consents, approvals or authorizations, the timing and possible outcome of any pending litigation, environmental issues

and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in World

Copper’s continuous disclosure documents. All of World Copper's Canadian public disclosure filings may be

accessed via www.sedar.com and readers are urged to revi ew these materials, including the Escalones Technical

Report and the technical report on the Cristal Project, when filed.

Readers are cautioned not to place undue reliance on forward-looking statements. World Copper does not undertake

any obligation to update any of the forward-looking statemen ts in this news release or incorporated by reference

herein, except as otherwise required by law.