Copper Giant Extends the Recently Discovered Third High-Grade Zone at Mocoa by 250-metres along strike with MD-052 intercepting 208-metres grading 0.68% CuEq* (0.47% Cu and 0.04% Mo), starting at 768-metres.

Executive Summary

• Drill hole MD‑052 at the Mocoa copper‑molybdenum project intercepted a high‑grade core extending the recently discovered third high‑grade zone by ~250 m laterally and ~200 m deeper.
• The flagship intercept is 208 m grading 0.68 % CuEq (0.47 % Cu, 0.04 % Mo) starting at 768 m depth; additional sub‑intervals show up to 0.84 % CuEq over 64 m.
• Results reinforce the continuity of mineralization, confirm that the high‑grade corridor trends toward the La Estrella target, and support continued step‑out drilling in the 2025/2026 campaign to expand the resource footprint.

Key Details

• Hole MD‑052 geometry – Collared east of previous holes on the same permitted pad; terminated at 1,035 m due to rig capacity.
• Core intercepts:
• 0–1,035 m: 0.23 % CuEq (baseline).
• 692–1,035 m (343 m): 0.53 % CuEq (0.36 % Cu, 0.03 % Mo).
• 768–975 m (208 m): 0.68 % CuEq (0.47 % Cu, 0.04 % Mo).
• 810–932 m (122 m): 0.78 % CuEq (0.55 % Cu, 0.044 % Mo).
• 850–914 m (64 m): 0.84 % CuEq (0.66 % Cu, 0.034 % Mo).
• Overall zone extension: ~200 m deeper and ~250 m southward relative to prior holes MD‑047/MD‑050, indicating a larger porphyry system than previously modeled.
• Geological observations:
• Upper 400 m intersected chlorite‑altered late‑stage low‑grade porphyry intrusion.
• Below 400 m entered classic Mocoa pyrite‑ to phyllic‑halo alteration with dense stockwork veinlets.
• At ~859 m encountered strongly potassic‑altered early microdiorite porphyry, followed by brecciated, intensely altered material containing molybdenite and chalcopyrite.
• Exploration plan: Two drill rigs continue operating; 2025/2026 step‑out and directional drilling will target the high‑grade corridor toward La Estrella and test areas outside the current MRE footprint.
• Resource context: The intercept builds on the November 2025 Mineral Resource Estimate (MRE) of 12.7 Blb CuEq inferred resources at 0.51 % average grade, supporting potential upgrades to indicated status with further drilling.
• Qualified Person: Edwin Naranjo Sierra, VP Exploration, NI 43‑101 Qualified Person, reviewed and approved technical content.

Notable Quotes

“MD‑052 builds directly on the success of MD‑047 and MD‑050… extending the recently discovered third high‑grade zone and reinforcing the geometry of this emerging porphyry center.” – Edwin Naranjo Sierra, Vice‑President of Exploration.