COPPERCORP RESOURCES INC - CPCPF STOCK NEWS

CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has been granted a new exploration licence EL11/2024 (South Linda) in western Tasmania, Australia. The 37km² licence area is located within 2km of the Mt Lyell Cu-Au camp and 2.5km of the Company's Jukes Cu-Au prospect. The new licence expands CopperCorp's Skyline Project to cover 569km² with 92km of combined strike length over the eastern margin of the Mount Read Volcanics.

The licence adjoins the northeastern margin of CPER's Razorback property and is situated over the Linda Transfer Zone structure, which hosts the Mt Lyell Cu-Au system containing 3Mt copper at 1% Cu and 3Moz gold at 0.3g/t Au. The company has completed sampling of drill core from hole JDD002W1 at the Jukes prospect, with all samples now at the laboratory.

CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has reported significant visible copper mineralization in drill hole JDD002W1 at the Jukes prospect, Razorback property in Tasmania. Key intersections include 24.4m of visual copper sulphide from 400.0m downhole and 88.7m of visual copper sulphide from 463.3m downhole, including a 48.2m zone of strong visual copper sulphides. The mineralization consists of chalcopyrite associated with magnetite and pyrite, found in dacitic to rhyolitic volcanic host rocks. The company awaits laboratory assays to confirm actual copper content.

CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has announced promising results from its first drill hole (JDD001) at the Jukes prospect on its Razorback Copper-Gold-REE property in western Tasmania, Australia. The drill hole intersected a broad zone of copper-gold mineralization assaying 132.0m @ 0.35% Cu and 0.19g/t Au from 72.0m, including three zones of higher-grade mineralization.

Key highlights include:

• 25.0m @ 0.75% Cu and 0.40g/t Au from 72.0m
• 10.1m @ 0.94% Cu and 0.69g/t Au from 128.5m
• 10.0m @ 0.67% Cu and 0.29g/t Au from 194.0m

The company has completed a second drill hole (JDD002) to a depth of 310m and has begun drilling a wedge hole off JDD002. CopperCorp is also developing a new district-scale alteration-mineralization model for the Mt Lyell - Razorback Cu-Au trend, which highlights the prospectivity of four priority exploration target zones in the area.

CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has been awarded a co-funded grant under the Tasmanian Government's Exploration Drilling Grant Initiative (EDGI) scheme for drilling at the Jukes prospect on its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia. The grant allows CopperCorp to apply for a total refund of up to AUD $70,000 from 50% of direct diamond drilling costs incurred in drilling two proposed 200m deep diamond core drill holes.

The company has already commenced diamond drilling at Jukes, with the first drill hole, JDD001, completed to a depth of 214m. A second diamond drill hole, JDD002, has begun from the same pad. These initial drill holes are designed to target depth extensions to high-grade Cu-Au mineralization recently sampled in the historical Jukes No. 3 Main Adit, which yielded 31.0m @ 1.48% Cu and 0.83g/t Au, including 9.0m @ 2.92% Cu and 1.79g/t Au.

CopperCorp Resources has commenced a second diamond drill hole, JDD002, at the Jukes Cu-Au Prospect on its 100%-owned Razorback Copper-Gold-REE property in Tasmania, Australia. The first drill hole, JDD001, was completed to a depth of 214m and intersected zones of chlorite-magnetite alteration rock with sulphide mineralization. Logging and sampling of JDD001 are ongoing, with samples from the priority zone (71-146m) already at the laboratory. The company expects assay results within 2-3 weeks. JDD002 aims to test for mineralization extensions approximately 70m below JDD001 and 120m below historical underground workings. The planned drilling program includes two initial diamond drill holes totaling 400m, targeting depth extensions to high-grade Cu-Au mineralization associated with fault structures. Approvals are in place to drill up to 1,320m from four sites, with potential extensions based on initial results and ongoing work.

CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has commenced diamond drilling at the Jukes Zone target area on its Razorback Copper-Gold-REE property in western Tasmania, Australia. The initial program consists of 2 holes totaling 400m to test depth extensions of high-grade Cu-Au mineralization. Recent channel sampling results included 31.0m @ 1.48% Cu and 0.83g/t Au. This marks the first drilling at Jukes in almost 40 years. The company aims to explore similarities with the nearby Mt Lyell Cu-Au system and test the hypothesis that NNW-trending fault structures control high-grade mineralization. CopperCorp may extend the program based on initial results and ongoing surface sampling.

CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has expanded its Skyline Project in western Tasmania, Australia, by acquiring new exploration licences. The expansion includes:

- 65km2 of new exploration licence holdings
- Consolidation of southern tenements into a 332km2 contiguous package
- Total Skyline Project area now 569km2
- Company's total land holding in western Tasmania increased to 1,878km2

The new acquisitions include highly prospective ground near the Mt Lyell Cu-Au camp. CopperCorp plans to start drilling at the Jukes prospect in September. The company has also entered a Digital Marketing Services Agreement with Senergy Communications Capital Inc. for a three-month term at a cost of C$50,000 plus GST.

CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has announced promising developments at its Razorback Copper-Gold-REE property in western Tasmania, Australia. New 3D inversion modeling of magnetic and gravity data has revealed highly prospective features at the Jukes and Hydes target zones, characteristic of IOCG deposits and similar to the nearby Mt Lyell Cu-Au system. These features, located adjacent to large fault structures and outcropping mineralization, are considered highly prospective. The company plans to begin drilling access track construction at Jukes in late August and anticipates releasing details of its copper-gold drill program soon. CopperCorp's CEO, Stephen Swatton, described this as 'game-changing' news for understanding the property's potential.

CopperCorp Resources (CPCPF) has reported new drill results from its South Darwin prospect in Tasmania, part of its 100% owned Razorback Copper-Gold-REE property. Key findings include:

• Assay results from two diamond drill holes confirm IOCG-style Cu-Au and REE values extending at least 80m north of previous drilling.
• SDD007: 50m @ 0.51% TREO from 389m, including 12m @ 0.9% TREO from 418m.
• SDD008: 14m @ 0.45% Cu and 0.08g/t Au from 349m, including 4m @ 1.1% Cu and 0.15g/t Au from 352m, 60m @ 0.21% TREO from 0m, and 86m @ 0.19% TREO from 299m.

3D magnetic inversion modelling indicates a large magnetic body at a depth of 200-300m below current drilling. Surface mapping and sampling identify a magnetite and REE anomaly over a 5km strike length.

Despite less-than-expected results, the findings are encouraging, indicating a large IOCG system at South Darwin. Further exploration is planned for the upcoming season.