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WCU.V ·

#2710 – 200 Granville Street

Corporate Updates

#2710 – 200 Granville Street 

    Vancouver, BC, Canada, V6C 1S4 

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

    www.worldcopperltd.com 

NR 21-10 May 3, 2021

World Copper Announces Appointment of General Manager, Chile

FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copper Ltd. (“ World

Copper”) - (TSX.V: WCU) announces that it has engaged Krzysztof Napierała as the Company’s General

Manager for Chile, he will take on his role effective May 25, 2 021. In this role he will be responsible for

overseeing the development of Company's portfolio of exploration and development projects in Chile.

Krzysztof is a professional with twelve years of experience in mining and manufacturing industries. He is

a driven executive with a strong background in business develop ment, exploration, project management,

and the management and restructuring of mining operations.

His career is highlighted by over ten years with the KGHM Group , one of the world’s largest copper and

silver miners, where he started as an associate in the explorat ion and development team, supporting the

company’s business development activities and new acquisitions. He then spent five years with the the

Group’s Vancouver office as Manager of Business Development. Kr zysztof has been involved in several

projects at various stages, from exploration through resource d evelopment to operations. He oversaw the

execution of exploration programs and production optimization efforts. He led corporate exploration teams

in both Americas and supervised KGHM’s corporate technical services group, supporting the operating and

development assets in North America.

In 2018 Krzysztof moved to Santiago, Chile as a Head of Projects Development and later assumed the role

of General Manager of KGHM Chile. He led corporate Exploration teams in Chile responsible for drafting

and executing corporate exploration programs and headed the cor porate project development teams

responsible for ensuring business continuity. During his tenure in Chile, he led a team which delivered two

positive feasibility studies, and de-risked an SX-EW brownfield copper project and developed a

comprehensive closure plan. As G eneral Manager of KGHM Chile Kr zysztof’s team was responsible for

optimizing the Franke mine, secu ring the extension of the opera tions by 3 years, as well as restoring the

profitability of the operations. Krzysztof successfully led his management team through a major

restructuring effort and optimized the cost structure of the op erations, while fostering an inspiring work-

culture and partnership with key stakeholders.

Krzysztof has worked and studied in five countries in Europe an d the Americas. He is fluent in four

languages and highly experienced in working in and leading mult icultural teams at global organizations.

Krzysztof is a graduate of the Un iversity of Poznan, the Warsaw School of Economics and the Executive

Academy at IMD, Lausanne. He bri ngs a valuable perspective on a sset development in an ever-changing

environment.

Krzysztof stated, “I am excited to be joining World Copper and having the opportunity to help the team de-

risk our outstanding portfolio of assets in Chile. I believe that the Escalones project can become our major

copper development asset, and that we will soon begin to fully uncover the exploration potential of the

Cristal property. Both properties will benefit from their favou rable locations in this mining-friendly and

stable jurisdiction. I am thrilled to have the opportunity to b uild a dynamic team developing and growing

World Copper’s asset base in Chile, as the prospects for the co pper mining industry in Chile remain

exceptional.”

World Copper Ltd. 2 May -3, 2021

NR21-10 Continued

    #2710 – 200 Granville Street 

    Vancouver, BC, Canada, V6C 1S4 

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

    www.worldcopperltd.com 

CEO Nolan Peterson said “I am very pleased to have an experienc ed mining executive like Krzysztof join

our team to oversee our day-to-day operations in Chile. Kryzsztof’s ability to manage and advance projects

through exploration a nd development will be a significant benef it to the Company and he is a strong

addition to our team.

Please visit our web site www.worldcopperltd.com to see the complete team of management, directors

and advisors.

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.

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.

"Nolan Peterson"

Nolan Peterson

Chief Executive Officer

World Copper Ltd. 3 May -3, 2021

NR21-10 Continued

    #2710 – 200 Granville Street 

    Vancouver, BC, Canada, V6C 1S4 

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

    www.worldcopperltd.com 

For further information, please contact:

Nolan Peterson 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

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.