World Copper - WCUFF STOCK NEWS

World Copper (TSXV: WCU) (OTCQB: WCUFF) has initiated a strategic review process and engaged Origin Merchant Partners as advisor. The review aims to evaluate strategic alternatives to grow and maximize shareholder value, following approaches from numerous interested corporate entities. CEO Gord Neal attributes the interest to adverse market sentiment causing undervaluation of junior resource companies with strong economic assets, creating opportunities for larger resource players. The company states no specific timeline or guaranteed outcome and will only provide updates on material developments.

World Copper has filed an amended mineral resource estimate for its Zonia copper-oxide deposit in Arizona. The updated estimate shows Indicated Resources of 112.2 million short tons grading 0.297% total-copper containing 668 million pounds of copper, and Inferred Resources of 62.9 million short tons grading 0.255% total-copper containing 320 million pounds of copper. The amendment was necessary due to a calculation error in the block model. Additionally, through its ATM offering, the company issued 8,816,500 common shares, raising gross proceeds of $690,882 during July-September 2024.

World Copper has filed a NI 43-101 technical report for an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona. The report shows Indicated Resources of 109.9 million short tons grading 0.299% total-copper containing 657 million pounds of copper, and Inferred Resources of 59.2 million short tons grading 0.254% total-copper containing 301 million pounds of copper. The estimate uses a base case cut-off grade of 0.18% and assumes a copper price of US$4.00/lb, with metallurgical recovery rates of 75% in oxides and 70% in transitional zones.

World Copper (TSXV: WCU) (OTCQB: WCUFF) announces an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA. The update shows:

• Indicated Resources of 113.2 million short tons grading 0.303% total-copper, containing 686 million pounds of copper
• Inferred Resources of 59.2 million short tons grading 0.254% total-copper, containing 300 million pounds of copper
• A low strip ratio of 1.1 waste:mineralized material at the economic cutoff of 0.07% TCu

The company also provides updates on the Zonia Norte exploration potential and the status of the Escalones copper project in Chile, which has been written down to a nominal value due to regulatory uncertainties.

World Copper (TSXV: WCU) (OTCQB: WCUFF) has announced an upcoming corporate update webinar scheduled for September 5, 2024 at 1:15pm PST. The webinar will be hosted by Gordon Neal, President & CEO of the company. Shareholders and stakeholders are invited to attend and submit questions prior to the event.

The webinar will focus on the value proposition of the Zonia Project and outline the company's growth plans for the next twelve months. This event provides an opportunity for investors to gain insights into World Copper's current operations and future strategies directly from the company's leadership.

World Copper (TSXV: WCU) (OTCQB: WCUFF) has announced a grade-confirmation programme at its Zonia copper-oxide project in Arizona, USA. The project contains over 7.1 million tons of run-of-mine mineralized material on three leach pads from the 1970s, potentially holding up to 55 million pounds of copper. This material, not currently included in the project's Mineral Resource Estimate, could become an additional early revenue source.

The programme will involve up to 1,100 metres of reverse circulation drilling, followed by metallurgical testing. Historical estimates suggest remnant copper content ranging from 26.6 to 55 million lbs, with grades between 0.4% to 0.6% Cu. The company aims to confirm these grades and explore options for reprocessing, either through a small, portable SX-EW plant or by crystallizing copper sulfate.

World Copper (TSXV: WCU) (OTCQB: WCUFF) has provided a corporate update, highlighting CEO Gordon Neal's background and the company's focus on the Zonia copper project in Arizona. Key points include:

- Zonia has a 1-billion-pound copper resource
- Located on private land for easier permitting
- Expected production of 50-70 million pounds of copper cathodes annually for 10 years
- Potential to triple the resource size
- Lower environmental impact using SX-EW process

The company aims to advance Zonia into production within 3-4 years, addressing the growing global demand for copper, particularly for climate change mitigation efforts.

World Copper has identified a new opportunity at its Zonia copper-oxide project in Arizona. Following a review by the Technical Advisory Committee, there is potential to re-process mineralized material from historical heap leach pads and in-situ leach areas. Historical reports from McAlester Fuel Company and Mountain States Research & Development indicate the site hosts over 14 million tons of material with significant copper remains. The company plans a confirmatory drilling program and metallurgical testing to verify the quantity, grade, and recovery potential of the material. If successful, this could enhance the project's value and improve early revenue generation.

World Copper has announced a major corporate update, focusing on its Zonia Project in Arizona as its flagship asset. The company plans to advance Zonia to a bankable feasibility study and then into production, leveraging its strategic location and low environmental impact. A Technical Advisory Committee, including seasoned experts Derek White and Joe Philips, will guide the project. World Copper aims to produce copper within 3-5 years at a quarter of the conventional costs. The project's PEA suggests favorable economics, with a 9-year mine life and potential for resource expansion. The company has also extended a loan agreement and entered a strategic marketing agreement.