Turmalina Metals Name Change to King Copper Discovery Corp.
Turmalina Metals Corp. (TBXXF) announces a corporate name change to King Copper Discovery Corp., effective March 11, 2025, with a new trading symbol KCP on TSXV. The change reflects the company's focus on the Colquemayo copper-gold-silver project in Southern Peru.
The project, spanning 6,600 hectares, features significant mineralization with historic drill results including:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- 161.2m @ 3.4% Cu, 0.09 g/t Au & 14 g/t Ag
- 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
The company has initiated baseline fieldwork and engaged INSIDEO for environmental impact assessment studies, important for drill permit applications. The project shows potential for both high-grade epithermal mineralization and an underlying copper porphyry system.
Turmalina Metals Corp. (TBXXF) annuncia un cambio di nome aziendale in King Copper Discovery Corp., a partire dall'11 marzo 2025, con un nuovo simbolo di trading KCP su TSXV. Il cambiamento riflette il focus dell'azienda sul progetto di rame-oro-argento Colquemayo nel sud del Perù.
Il progetto, che si estende su 6.600 ettari, presenta una significativa mineralizzazione con risultati storici di perforazione che includono:
- 237,3m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- 161,2m @ 3,4% Cu, 0,09 g/t Au & 14 g/t Ag
- 31,3m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
L'azienda ha avviato lavori di campo di base e ha coinvolto INSIDEO per studi di valutazione dell'impatto ambientale, importanti per le domande di permesso di perforazione. Il progetto mostra potenziale sia per mineralizzazione epithermale ad alta legge che per un sistema di porfido di rame sottostante.
Turmalina Metals Corp. (TBXXF) anuncia un cambio de nombre corporativo a King Copper Discovery Corp., efectivo el 11 de marzo de 2025, con un nuevo símbolo de negociación KCP en TSXV. El cambio refleja el enfoque de la empresa en el proyecto de cobre-oro-plata Colquemayo en el sur de Perú.
El proyecto, que abarca 6,600 hectáreas, presenta una mineralización significativa con resultados históricos de perforación que incluyen:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- 161.2m @ 3.4% Cu, 0.09 g/t Au & 14 g/t Ag
- 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
La empresa ha iniciado trabajos de campo básicos y ha contratado a INSIDEO para estudios de evaluación de impacto ambiental, importantes para las solicitudes de permisos de perforación. El proyecto muestra potencial tanto para mineralización epithermal de alta ley como para un sistema de pórfido de cobre subyacente.
Turmalina Metals Corp. (TBXXF)는 2025년 3월 11일부터 King Copper Discovery Corp.로 회사 이름을 변경한다고 발표했습니다. 새로운 거래 기호는 TSXV에서 KCP입니다. 이 변경은 회사의 페루 남부 콜크마요 구리-금-은 프로젝트에 대한 집중을 반영합니다.
이 프로젝트는 6,600헥타르에 걸쳐 있으며, 역사적인 시추 결과를 포함한 중요한 광물화가 특징입니다:
- 237.3m @ 2.4% Cu, 0.08 g/t Au & 10 g/t Ag
- 161.2m @ 3.4% Cu, 0.09 g/t Au & 14 g/t Ag
- 31.3m @ 14.8% Cu, 0.2 g/t Au & 47 g/t Ag
회사는 기초 현장 작업을 시작했으며, 시추 허가 신청에 중요한 환경 영향 평가 연구를 위해 INSIDEO를 참여시켰습니다. 이 프로젝트는 고급 에피서멀 광물화와 기저에 있는 구리 포르피리 시스템 모두에 대한 잠재력을 보여줍니다.
Turmalina Metals Corp. (TBXXF) annonce un changement de nom d'entreprise en King Copper Discovery Corp., effectif le 11 mars 2025, avec un nouveau symbole de négociation KCP sur TSXV. Ce changement reflète l'orientation de l'entreprise vers le projet de cuivre-or-argent Colquemayo dans le sud du Pérou.
Le projet, qui s'étend sur 6 600 hectares, présente une minéralisation significative avec des résultats historiques de forage comprenant :
- 237,3m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- 161,2m @ 3,4% Cu, 0,09 g/t Au & 14 g/t Ag
- 31,3m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
L'entreprise a lancé des travaux de terrain de base et a engagé INSIDEO pour des études d'évaluation de l'impact environnemental, importantes pour les demandes de permis de forage. Le projet montre un potentiel tant pour une minéralisation épithermale de haute qualité que pour un système de porphyre de cuivre sous-jacent.
Turmalina Metals Corp. (TBXXF) gibt bekannt, dass der Unternehmensname ab dem 11. März 2025 in King Copper Discovery Corp. geändert wird, mit einem neuen Handelssymbol KCP an der TSXV. Die Änderung spiegelt den Fokus des Unternehmens auf das Colquemayo Kupfer-Gold-Silber-Projekt im Süden Perus wider.
Das Projekt erstreckt sich über 6.600 Hektar und weist eine signifikante Mineralisierung mit historischen Bohrergebnissen auf, die Folgendes umfassen:
- 237,3m @ 2,4% Cu, 0,08 g/t Au & 10 g/t Ag
- 161,2m @ 3,4% Cu, 0,09 g/t Au & 14 g/t Ag
- 31,3m @ 14,8% Cu, 0,2 g/t Au & 47 g/t Ag
Das Unternehmen hat grundlegende Feldarbeiten initiiert und INSIDEO für Umweltverträglichkeitsprüfungen engagiert, die für die Anträge auf Bohrgenehmigungen wichtig sind. Das Projekt zeigt Potenzial sowohl für hochgradige epithermale Mineralisierung als auch für ein darunter liegendes Kupferporphyrsystem.
- Option to earn 100% interest in Colquemayo project
- Exceptional historic drill results with high-grade copper mineralization
- Large mineralization area of 10km by 3km
- Environmental baseline studies completed for permit process
- Pending drill permits required for exploration
- Name change may cause temporary trading confusion
VANCOUVER, British Columbia, March 04, 2025 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to provide an update on the recently announced corporate name change, from “Turmalina Metals Corp.” to “King Copper Discovery Corp.” and a symbol change on the TSXV from TBX to KCP, which is effective March 11, 2025 (the "Name Change").
The new CUSIP number for the Company’s common shares will be 494726102, and the new ISIN number will be CA4947261026. The share capital of the Company will remain unchanged.
The updating of various presentation materials, which is in progress, will reflect the Company’s focus on the Colquemayo copper-gold-silver project, which 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
Historic drill results from Colquemayo (see Turmalina 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 @
Vice President and Director, Chico Azevedo, states “The high-grade potential of the Colquemayo mineralized system is illustrated by prior drilling that returned up to 15.15 metres of
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.
The Company 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.
Turmalina 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: turmalinametals.com
Address: #1507 - 1030 West Georgia St, Vancouver, BC V6E 2Y3.
For Investor Relations enquiries, please contact +1 833 923 3334 (toll free) or via info@turmalinametals.com.
Statements
About Turmalina Metals Corp. and Our Projects: Turmalina is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America. Turmalina 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.
FAQ
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