XXIX METAL CORP - QCCUF STOCK NEWS

QC Copper and Gold Inc. (TSXV: QCCU) (OTCQB: QCCUF) has signed a definitive agreement to acquire the remaining 50% ownership interest in the Roger Gold-Copper Project from SOQUEM, a subsidiary of Investissement Québec. The Roger Project, located in the Chibougamau mining district of Quebec, spans 987 hectares and is easily accessible via all-season road with access to power.

The project features an NI 43-101 compliant mineral resource estimate completed in August 2018, showing 333,000 ounces of gold-equivalent in the Indicated category and 202,000 ounces in the Inferred category. The acquisition provides QC Copper with optionality to incorporate Roger into future development plans of Opemiska or develop it as a standalone project.

To maintain and exercise the option, QC Copper will make an initial cash payment of $75,000 and subsequent share payments totaling $1.6 million over four years. The transaction is subject to TSX Venture Exchange acceptance and expected to close by the end of October, 2025.

QC Copper announced a strategic acquisition of Cuprum Corp. and its 100% owned Thierry Copper Project in an all-share deal. This acquisition enhances QC Copper's position as a major Canadian copper developer with two large, easily accessible multi-billion-pound copper projects. The Thierry Copper Project, spanning 7,907 hectares, offers significant growth potential. The combined company will rebrand as XXIX Metal Corp., reflecting copper's atomic number 29. The Thierry project historically produced 5.8 million tonnes grading 1.13% copper and 0.14% nickel and hosts two resource-stage deposits compliant with NI 43-101 standards. The acquisition is expected to increase QC Copper's current copper resource base by 70%. Once completed, QC Copper plans to build out each asset in stages, focusing on updating the mineral resource at Thierry. The acquisition is subject to approval from TSXV and QC Copper's disinterested shareholders, with closing expected by the end of December 2024.

The City of Chapais and QC Copper & Gold (TSXV: QCCU) (OTCQB: QCCUF) have established a City/Mine Group (CMG) to ensure the exploration and development of the Opémiska project align with local values and expectations. This working group facilitates transparent discussions between company representatives and city leadership, aiming for a harmonious approach that benefits both the project and the community.

Key points:

• CMG meetings are facilitated by Transfert Environnement et Société
• Chapais welcomes mining projects but has high expectations for respect of municipal values
• QC Copper & Gold commits to local procurement to boost the regional economy
• The Opémiska project is preparing its preliminary economic study

QC Copper has provided a corporate and technical update for its Opemiska Copper Project. The company is conducting a scoping study as part of preliminary economic assessments, focusing on optimizing mine plans and production rates to enhance the project's economics. A diamond drill program is prepared within the MRE pit area, aimed at defining additional resources.

Historical data compilation at Cooke & Robitaille mines is nearly complete, with the goal of understanding mineralization and identifying high-potential drill targets. QC Copper has also received significant interest from potential strategic partners and will host site visits in Summer/Fall 2024. The company continues to explore growth opportunities to establish itself as a leading copper exploration firm in Canada.

The Mining Investment Event of the North, Canada’s premier Tier 1 Global Mining Investment Conference, will be held in Quebec City from June 4-6, 2024. Kinterra Capital Corp. will participate as the Battery and Critical Metals Sponsor. The event will feature over 100 mining companies, including high-profile participants like Agnico Eagle Mines and Glencore Canada. Key sponsors include Laurentian Bank Securities and National Bank Financial Markets. The conference aims to address sustainable and geopolitically secure supply chain solutions for critical minerals, highlighted by Kinterra's focus on 'mine to battery' solutions.

QC Copper and Gold Inc. announces positive drill results from the Cooke and Robitaille mines trend, showing high-grade mineralization and potential for resource growth. The company plans future exploration to add mineral resources to the Opemiska Project.

QC Copper and Gold Inc. appoints Guy Le Bel as President to lead the company's transition towards developing Opemiska's engineering and economic studies. The company also announces the grant of stock options to certain officers.

QC Copper and Gold Inc. announces an updated Technical Report for the Opemiska Deposit, showcasing significant increases in Mineral Resources, grade, and contained metals. The report highlights a Measured and Indicated category of 2.09 billion lbs of copper equivalent, a 26% increase in Copper total grade, and a sizable potential starter pit. Favorable metallurgy and expansion potential further enhance the project's outlook.

QC Copper completes successful initial drill program with significant widths of mineralization, targeting open pit potential.