King Copper Discovery Corp. Appoints Doug Kirwin Lead Strategic and Technical Advisor
King Copper Discovery Corp. (KCP-TSXV, TBXXF-OTCQB) has appointed Doug Kirwin as Lead Strategic and Technical Advisor. Kirwin, with a 50-year career, was formerly Executive Vice President at Ivanhoe Mines and has led teams that discovered multiple significant mineral deposits, including the Hugo Dummett ore body at Oyu Tolgoi.
The company's flagship Colquemayo copper-gold-silver project in Southern Peru covers 6,600 hectares of mineralized territory. Notable historical drilling results include:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- Including 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
The company has initiated environmental baseline studies through INSIDEO for drill permit applications and maintains community relations with Palcamayo and Amata. James Rogers has resigned as Director.
King Copper Discovery Corp. (KCP-TSXV, TBXXF-OTCQB) ha nominato Doug Kirwin come Consulente Strategico e Tecnico Principale. Kirwin, con una carriera di 50 anni, è stato precedentemente Vicepresidente Esecutivo presso Ivanhoe Mines e ha guidato team che hanno scoperto numerosi importanti giacimenti minerari, incluso il corpo minerario di Hugo Dummett a Oyu Tolgoi.
Il progetto di punta dell'azienda, Colquemayo copper-gold-silver project, nel sud del Perù, copre 6.600 ettari di territorio mineralizzato. I risultati storici di perforazione significativi includono:
- 237,3m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- Incluso 31,3m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
L'azienda ha avviato studi ambientali di base attraverso INSIDEO per le domande di permesso di perforazione e mantiene relazioni con la comunità di Palcamayo e Amata. James Rogers si è dimesso da Direttore.
King Copper Discovery Corp. (KCP-TSXV, TBXXF-OTCQB) ha nombrado a Doug Kirwin como Asesor Estratégico y Técnico Principal. Kirwin, con una carrera de 50 años, fue anteriormente Vicepresidente Ejecutivo en Ivanhoe Mines y ha liderado equipos que descubrieron múltiples depósitos minerales significativos, incluido el cuerpo mineral de Hugo Dummett en Oyu Tolgoi.
El proyecto insignia de la compañía, Colquemayo copper-gold-silver project, en el sur de Perú, cubre 6,600 hectáreas de territorio mineralizado. Los resultados históricos de perforación notables incluyen:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- Incluyendo 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
La compañía ha iniciado estudios de línea base ambiental a través de INSIDEO para las solicitudes de permisos de perforación y mantiene relaciones comunitarias con Palcamayo y Amata. James Rogers ha renunciado como Director.
킹 구리 발견 주식회사 (KCP-TSXV, TBXXF-OTCQB)는 더그 커윈을 수석 전략 및 기술 고문으로 임명했습니다. 커윈은 50년 경력을 가진 전문가로, 이전에는 아이반호 광산의 부사장이었으며, 오유 톨고이의 후고 더메트 광체를 포함하여 여러 중요한 광물 매장지를 발견한 팀을 이끌었습니다.
회사의 주요 프로젝트인 콜케마요 구리-금-은 프로젝트는 페루 남부에 위치하며 6,600 헥타르의 광물화된 지역을 포함하고 있습니다. 주목할 만한 역사적 시추 결과는 다음과 같습니다:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- 포함: 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
회사는 INSIDEO를 통해 시추 허가 신청을 위한 환경 기초 연구를 시작했으며, 팔카마요 및 아마타와의 지역 사회 관계를 유지하고 있습니다. 제임스 로저스는 이사직에서 사임했습니다.
King Copper Discovery Corp. (KCP-TSXV, TBXXF-OTCQB) a nommé Doug Kirwin en tant que conseiller stratégique et technique principal. Kirwin, avec une carrière de 50 ans, était auparavant vice-président exécutif chez Ivanhoe Mines et a dirigé des équipes qui ont découvert plusieurs dépôts minéraux significatifs, y compris le corps minéral de Hugo Dummett à Oyu Tolgoi.
Le projet phare de l'entreprise, le projet cuivre-or-argent Colquemayo, situé dans le sud du Pérou, couvre 6 600 hectares de territoire minéralisé. Les résultats historiques de forage notables incluent:
- 237,3 m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- Y compris 31,3 m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
L'entreprise a lancé des études de base environnementales via INSIDEO pour les demandes de permis de forage et entretient des relations communautaires avec Palcamayo et Amata. James Rogers a démissionné de son poste de directeur.
King Copper Discovery Corp. (KCP-TSXV, TBXXF-OTCQB) hat Doug Kirwin zum leitenden strategischen und technischen Berater ernannt. Kirwin, der eine 50-jährige Karriere hat, war zuvor Executive Vice President bei Ivanhoe Mines und hat Teams geleitet, die mehrere bedeutende Mineralvorkommen entdeckt haben, darunter das Hugo Dummett-Erzvorkommen in Oyu Tolgoi.
Das Flaggschiffprojekt des Unternehmens, das Colquemayo Kupfer-Gold-Silber-Projekt im Süden Perus, umfasst 6.600 Hektar mineralisierten Gebiets. Bemerkenswerte historische Bohrergebnisse umfassen:
- 237,3 m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- Darunter 31,3 m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
Das Unternehmen hat Umweltbasisstudien über INSIDEO für die Anträge auf Bohrgenehmigungen initiiert und pflegt die Beziehungen zur Gemeinde Palcamayo und Amata. James Rogers hat als Direktor resigniert.
- Appointment of highly experienced advisor Doug Kirwin with proven track record of major discoveries
- Historical drilling shows exceptional high-grade copper results (31.3m @ 14.8% Cu)
- Large project area of 6,600 hectares with extensive mineralization
- Environmental permitting process already initiated
- Director James Rogers has resigned
- Drill permits not yet secured
- Project still in early exploration phase
VANCOUVER, British Columbia, March 21, 2025 (GLOBE NEWSWIRE) -- King Copper Discovery Corp. (“King Copper” or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to announce it has appointed Doug Kirwin, as Lead Strategic and Technical Advisor.
Over the span of a 50-year career, Mr. Kirwin has led exploration teams involved in the discovery of multiple important mineral deposits.
He was Executive Vice President for Ivanhoe Mines from 1996 to 2012 and a founding director of Ivanhoe Mines Australia. As a member of the joint discovery team for the discovery of the Hugo Dummett ore body at Oyu Tolgoi, he was a co-recipient of the PDAC Thayer Lindsley medal awarded for the most significant global discovery in 2004. Some of Mr. Kirwin’s exploration teams’ discoveries, include three epithermal silver-gold mines in South Korea, the Seruyung gold mine in Kalimantan, the Moditaung gold mines in Myanmar and the Swan and Merlin deposits in Cloncurry, Australia. He was also directly involved in the acquisition of Kainantu for K92.
Mr. Kirwin has an MSC in mineral exploration from James Cook University where he is currently an adjunct professor of geology. He is a past president of the Society of Economic Geologists and is passionate about student training and development.
As Lead Strategic and Technical Advisor, Mr. Kirwin will work closely with Executive Vice President Mr. Chico Azevedo and other team members. The Company also announces that James Rogers has resigned as a Director, thanks Mr. Rogers for his contributions and wishes him well in his future endeavours.
The Colquemayo copper-gold-silver project is located in the Moquegua department, near the border with the Arequipa department in Southern Peru.
The road-accessible project, of which the Company has an option to earn a
The high-grade potential of the Colquemayo mineralized system is illustrated by prior drilling that returned up to 15.15 metres of
Historic drill results from Colquemayo (see King Copper News Release dated July 3, 2024 for details) include an intersection that returned:
- 237.3 m @ 2.4 % Cu, 0.08 g/t Au & 10 g/t Ag, including
- 161.2 m @
3.4% Cu, 0.09 g/t Au & 14 g/t Ag, and - 31.3 m @
14.8% Cu, 0.2 g/t Au & 47 g/t Ag.
- 161.2 m @
A drill program is being designed on the basis of an exploration model developed from the re-logging of approximately 20,000 metres of historic drill core, integrated with assay data, mapped geology and mineral alteration zoning.
King Copper Discovery Corp. has established access to the Project for initial baseline fieldwork and has maintained close contact with the communities of Palcamayo and Amata, which own most of the surface rights in the Project area. The Company has also initiated contacts with neighbouring communities and local authorities to inform them about the nature and status of the Project.
The Company has engaged INSIDEO, an environmental consulting company based in Lima, to complete baseline studies and prepare and environmental impact assessment (the Declaracion de Impacto Ambiental - the ‘DIA’), which is a key requirement for the drill permit application. INSIDEO has completed all related fieldwork originally planned, including soil and water sampling, air quality and noise control tests, and all studies related to the biological baseline.
On Behalf of the Company,
Jonathan Richards, Chief Executive Officer and Director.
Website: kingcopperdiscovery.com
Address: #1507 - 1030 West Georgia St, Vancouver, BC V6E 2Y3.
For Investor Relations enquiries, please contact +1 604 229 5208 or via info@kingcopperdiscovery.com.
Statements
About King Copper Discovery Corp and Our Projects: King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America. The Company is led by a team responsible for multiple gold-copper-silver discoveries.
Forward Looking Statement: This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Forward looking statements in this news release include the closing of the Name Change. Factors that could cause the actual results to differ materially from those in forward-looking statements include the receipt of regulatory approvals, market prices, continued availability of capital and financing, and general economic, market or business conditions, as well as legal, social, and economic conditions in Argentina and Peru, where the Company’s mineral exploration properties are located. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Qualified Person: All scientific and technical information in this news release has been approved by Dr. Rohan Wolfe, Technical Advisor, MAIG, who serves as the Qualified Person (QP) under the definition of National Instrument 43-101. Dr Wolfe has conducted a review of historic data at the project, reviewed the Company’s due diligence study of the Project and has conducted an independent QA/QC review of historic drilling assays, and consents to the inclusion of this information in the form and context in which it appears.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release.
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