World Copper Announces Appointment of Technical Geological Advisor
NR-21-07 March 15, 2021
World Copper Announces Appointment of Technical Geological Advisor
FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copp er Ltd. (“ World Copper”) -
(TSX.V: WCU) announces the appointment of Mr. Daniel MacNeil, MSc., PGEO as Technical Geological
Advisor to the Company, the first of many steps aiding in the transition of World Copper into a world-class
copper company.
Mr. MacNeil is an Economic Geologist specializing in the Precious and Base Metals sectors, with over 20
years of experience from continental-scale project generation t o in-mine resource expansion in a wide
variety of geological settings in the Americas, Europe, Eastern Europe and the Near East. His expertise
includes project evaluation, target and opportunity identificat ion, exploration strategy, district entry
strategy, business development, strategic evaluation of geologi c terranes and execution of target testing.
Mr. MacNeil is the Founder of Vector Geological Solutions.
Northern Targets Exploration Update
The Company also provides an exploration update in regards to t he Northern Escalones porphyry copper
targets (“Northern Targets”). Geochemical sampling on the three northern targets is progressing well. The
large ASTER anomalies have been c onfirmed as intense quartz-ser icite, argillic and gossanous alteration
of porphyritic and granitic intrusions, as well as volcanic and sedimentary units. The first two batches of
180 samples from Rio Negro and Arguelles Este targets have been sent to ALS Global Laboratories in
Coquimbo, Chile. The crew is currently finishing the Arguelles target and will then move south to the main
Escalones deposit to begin sampling the Mancha Amarilla lithocap and flanking skarns.
Clockwise from top: Arguelles Este anomaly viewed to SE over ar gillic, pyritic and gossanous
monzonite; highly fractured, gossanous outcrop near the west ed ge; highly-gossanous monzonite at
centre of the anomaly.
World Copper Ltd. 2 March 15, 2021
NR21-07 Continued
#2300‐1177 West Hastings Street
Vancouver, BC, Canada, V6E 2K3
T: 604‐638‐3287 / F: 604‐408‐7499
www.worldcopperltd.com
Current Copper Sector Trends
Copper is the main beneficiary when economic development becomes a focal point for governments world-
wide. Stimulus in the form of infrastructure investment is now starting to take a lead role, as the best way
to stimulate employment is to invest in infrastructure. Due to the many changing elements taking place on
the world stage, copper, a metal with fundamentals that are already in a tight supply demand imbalance, is
demonstrating and increasingly larger supply gap evidenced by the rising commodity price.
Additionally, green energy investment is also taking the front seat for the USA under newly-elected
President Biden. In which, the electrification of mobility and other major sources of power continue to rise
in importance, which directly impacts copper demand.
Henk van Alphen, World Copper CEO stated, “According to BMO's r ecent Global Metals & Mining
Conference, copper is the new gold. With copper prices nearing historical highs and gold quickly unwinding
in recent weeks, the interest of the conference participants ha s clearly shifted towards the former. Copper
(along with lithium) was picked by participants as being the me tal most in need of a supply response to
future demand. Meanwhile, over 70% of respondents believed copper will see the strongest demand growth
during the 14th Five-Year Plan period, significantly ahead of n ickel. World Copper, being a pure copper
go-to-play, is positioning itself to participate in this forecasted commodities Supercycle.”
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.
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, Escalones and Cristal, both
located in Chile. World Copper has laid claim to five copper porphyry targets, one with estimated resources,
significant soluble copper mineralization, and exciting potential to expand the resource base.
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 8-10km 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.
The World Copper team has a unique skill in navigating the mining sector within Chile, with some members
having worked in the country for more than 40 years and with discovery success.
World Copper Ltd. 3 March 15, 2021
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#2300‐1177 West Hastings Street
Vancouver, BC, Canada, V6E 2K3
T: 604‐638‐3287 / F: 604‐408‐7499
www.worldcopperltd.com
The Company recently applied for its common shares to trade on the OTCQB® Venture Market
(“OTCQB”), a US trading platform operated by the OTC Markets Group in New York. The Company will
provide further information once its common shares commence trading.
Detailed information is availabl e at the Company’s website at www.worldcopperltd.com, and for general
Company updates you may 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.
On Behalf of the Board of Directors of
WORLD COPPER LTD.
"Hendrik van Alphen"
Hendrik van Alphen
Chief Executive Officer
For further information, or to schedule a Zoom meeting with Management, 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 statemen ts 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. All statements, other than
statements of historical fact, included herein incl uding, without limitation, statements with respect to
anticipated exploration program results from explo ration activities, the discovery and delineation of
mineral 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 expect ations will prove to be correct. Forward-looking
statements are typically identified by words 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 nat ure, refer to future events or results that may,
could, would, might or will occur or be taken or achieved. In making the forward-looking statements in
this news release, World Copper has applied several ma terial assumptions, including without limitation,,
market fundamentals will result in sustained copper de mand and prices, the receipt of any necessary
permits, licenses and regulatory approvals in connecti on with the future development of World Copper's
Chilean projects in a timely manner, including th e Escalones Project and the Cristal Project, the
availability of financing on suitable terms for the development, construction a nd 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
World Copper Ltd. 4 March 15, 2021
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#2300‐1177 West Hastings Street
Vancouver, BC, Canada, V6E 2K3
T: 604‐638‐3287 / F: 604‐408‐7499
www.worldcopperltd.com
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 Escalones
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 expend itures, 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 financia l 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 relatin g to epidemics or pandemics such as COVID–19,
including the impact of COVID–19 on World Copp er's business, financial condition and results of
operations, changes in laws, regula tions and policies affecting mini ng operations, title disputes, the
inability of World Copper to obtain any necessary p ermits, consents, approvals or authorizations, the
timing and possible outcome of any pending litigat ion, environmental issues and liabilities, and risks
related to joint venture operations , and other risks and uncertainti es 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 read ers are urged to review these materi als, 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 forwar d-looking statements in this news release or
incorporated by reference herein, except as otherwise required by law.