XXIX.V · 2021-06-28 12:00:00

QC Copper Intersects 64m of 0.54% CuEq, 28m of 0.54% CuEq and 23m of 1.58% CuEq in the Mill Zone

Drill Results

QC Copper Intersects 64m of 0.54% CuEq,

28m of 0.54% CuEq and 23m of 1.58% CuEq in

the Mill Zone

TORONTO

June 28, 2021

/CNW/ - QC Copper and Gold Inc. ("

QC Copper

" or the "

Company

(TSXV: QCCU) is pleased to report additional assay results from its recently completed drill

program on its flagship Opemiska Copper-Gold project in the

Chibougamau

Chapais

mining district.

Highlight intervals including

64.0 metres of 0.54% CuEq

(OPM-21-38),

28.5 metres of 0.54%

CuEq

(OPM-21-81, beginning from 3 metres downhole), and

23 metres of 1.58% CuEq

(OPM-21-

83) were returned from the Mill Zone, an area underlying the old mill operated by

Falconbridge

between 1953 and 1991. The Mill Zone contains several high-grade veins extending to surface that

were not mined due to the need to maintain thick crown pillars for ground stability. Similar to other

mineralized structures on the Opemiska projects, the Mill Zone's high-grade veins also feature halos

of disseminated mineralization.

"Previous 2021 drilling from this zone yielded similarly encouraging near-surface results including

140

metres grading 0.44% CuEQ

(OPM-21-26, beginning 36 metres downhole) and

53.5 metres

grading 0.56% CuEq

(OPM-21-41, beginning 31 metres downhole). The Mill Zone (Table 1) is

significant as its near-surface mineralization includes both unmined high-grade veins and

disseminated mineralization. Given its near-surface location and robust grade profile, the Mill Zone

hosts the potential to be a high-margin starter pit as part of a larger open-pit mining scenario" said

Charles Beaudry

, VP Exploration of QC Copper. Additional holes have been drilled into the Mill Zone

for which assays are pending.

Footwall Mineralization Potential

Most of the 2021 holes were concluded within the hanging wall of mined veins to maintain efficiency

in drilling, and drilling was stopped on contact with previously mined stopes. We believe the

disseminated mineralization is essentially symmetrical around the veins and there is a high likelihood

that a similar length of mineralization exists on the stopes' footwall side. Our existing data shows a

fairly symmetrical and equidistant halo that emanates from the veins. We plan to capture this

footwall mineralization in our next drill program to increase our tonnes and reduce the strip ratio.

Click here to View a Presentation of Plans, Sections & Intersections from Table 1.

Table 1: Reported

2021 Mineralized Intersections from the Mill Zone.

The following table summarizes all drill results obtained from Mill Zone as part of the Company's

2021 drill program.

Hole ID

Zone

From

(m)

Interval

(m)

Grade

Copper Eq (%)*

Copper (%)

Gold (gpt)

Silver (gpt)

Zinc

(ppm)

Cobalt (ppm)

OPM-21-38

Mill

132.0

196.0

64.0

0.54

0.38

0.17

2.03

OPM-21-81

Mill

3.0

31.5

28.5

0.54

0.39

0.16

2.87

181

OPM-21-83

Mill

244.0

267.0

1.58

0.89

0.68

13.24

1686

146

OPM-21-24^

Mill

51.0

177.0

126

0.44

0.33

0.13

1.55

OPM-21-25^

Mill

85.5

103.5

18.0

0.80

0.66

0.19

3.33

141

and

154.5

231.0

76.5

0.54

0.36

0.24

1.64

OPM-21-26^

Mill

36.0

176.0

140

0.44

0.33

0.12

1.44

OPM-21-41^

Mill

31.5

53.5

0.56

0.45

0.10

2.52

604

^Previously published results. *See Note 1 above for % Cu-eq calculation.

Orientation of Drilling and True Widths of Mineralization

Field-based and drill hole evidence indicates that several orientations of veins are present on the

Opemiska Property. Around the Springer Mine, veining is predominantly EW trending and steeply

dipping to the north. South-facing drill holes were conducted in order to better approximate true

widths. However, mineralized intervals typically expand well beyond the main veins as part of cross

cutting veinlets creating disseminated mineralized halos. In the disseminated mineralization, the true

width of intersections is estimated to be the same as the drill core width. However, the mineralization

may have an overall envelope that is different.

About the Opemiska Copper Complex

The Opemiska Copper Complex is located adjacent to Chapais,

Quebec

, within

the Chibougamau region. Opemiska is also within the Abitibi Greenstone belt and within the

boundaries of the Province of Quebec's Plan Nord, which promotes and funds infrastructure and

development of natural resource projects. The Opemiska property covers 12,782 hectares and

covers the past producing Springer, Perry, Robitaille and Cooke mines, owned and operated

by Falconbridge. The project hosts excellent on-site infrastructure, including a power station and

direct access to Highway 113 and the Canadian National Railway.

QP Statement

The technical information contained in this news release has been reviewed and approved by

Charles Beaudry

, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold,

a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral

Projects." For the exploration undertaken by QC Copper & Gold, all assay batches are

accompanied by rigorous Quality Assurance procedures that include insertion of standards and

blanks and verification assays in a secondary laboratory. Quality Control results, including the

laboratory's control samples, are evaluated immediately on reception of batch results and

corrections implemented immediately if necessary. All drill collars are surveyed and positioned in

UTM coordinates. Downhole deviations surveys are done with a Reflex instrument at

30m

intervals.

A systematic density measurement program using two methods was implemented to measure the

density of all rock types. A specific susceptibility measurement protocol was also implemented to

estimate the relative abundance of magnetite in the Ventures Sill's variably magnetic rocks. A

focused optical and acoustic televiewer surveying program is planned at the end of the program to

obtain correctly oriented structural measurement to inform the interpolation algorithms of the block

modelling software that will be used to estimate the mineral resources Springer and

Perry Mines

pit.

For information and updates on QC Copper and Gold, please visit:

www.qccopper.com

And please follow us on Twitter

@qccoppergold

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

TSX Venture Exchange policies) accept responsibility for this release's adequacy or accuracy.

Certain information in this press release may contain forward-looking statements. This information

is based on current expectations subject to significant risks and uncertainties that are difficult to

predict. Actual results might differ materially from results suggested in any forward-looking

statements. QC Copper and Gold Inc. assume no obligation to update the forward-looking

statements or to update the reasons why actual results could differ from those reflected in the

forward looking-statements unless and until required by securities laws applicable to QC Copper

and Gold Inc. Additional information identifying risks and uncertainties is contained in QC Copper

and Gold Inc. filings with Canadian securities regulators, which filings are available under QC

Copper and Gold Inc. profile at

www.sedar.com

_____________________________

*Copper Equivalent ("Cu Eq.") grade including copper, gold, silver, cobalt and zinc based on 100% recoveries is calculated using the following equation: Cu Eq. = [(Cu % x 20 x

Cu price) + (Au grade / 34.2857 x Au price) + (Ag grade / 34.2857 x Ag price) + (Co % x 20 x Co price) + (Zn % x 20 x Zn price)] / (20 x Cu price). We used Cu, Au, Ag, Co and

Zn price of US$4.00, US$1,730, US$26.00, US$23.90 and US$1.20 respectively.

SOURCE

QC Copper & Gold Inc.

View original content:

http://www.newswire.ca/en/releases/archive/June2021/28/c4695.html

%SEDAR: 00045293E

For further information:

To speak to the Company directly, please contact: Stephen Stewart,

Chief Executive Officer, Phone:

416.644.1571, Email: [email protected]

CO: QC Copper & Gold Inc.

CNW 08:50e 28-JUN-21

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