Coppercorp Resources adds second drill rig to Jukes

Mr. Stephen Swatton reports COPPERCORP MOBILIZES SECOND DRILL RIG TO JUKES PROSPECT Coppercorp Resources Inc. has mobilized a second diamond drill rig to fast-track drilling at the Jukes copper-gold prospect on its 100-per-cent-owned Razorback property in western Tasmania, Australia. Following the recent commencement of the planned 2,000-metre phase 2 diamond drilling program at Jukes, samples from the first drill hole (JDD003) have been submitted for assay, with results expected within three to four weeks. A second hole is currently in progress at Jukes, and a third hole is scheduled to commence shortly with the mobilization of a second drill rig from the Hydes prospect to accelerate the phase 2 program. Jukes phase 2 drilling update The phase 2 diamond drilling program at the Jukes prospect comprises five planned holes for a total of approximately 2,000 metres. The program is designed to expand the known Jukes mineralization footprint and to test high-priority induced polarization (IP) and geochemical targets along strike from the 2024 phase 1 drilling. The scope of the program may be expanded depending on the results of the initial drill holes. The first drill hole of the phase 2 program, JDD003, has been completed to a depth of 254.9 metres. Samples have been dispatched for assay, with analytical results anticipated within three to four weeks. Drill hole JDD004, collared from the same pad as JDD003, is currently in progress at a depth of approximately 192 metres, with a planned final depth of 350 metres. JDD004 is targeting the eastern IP chargeability corridor at Jukes and represents the first-ever drill test of this zone. JDD004 core logging and processing are progressing well, with initial samples prioritized for dispatch to the laboratory in the coming week. A second drill rig is currently being mobilized to Jukes and is expected to commence drilling in the coming days. Hydes drilling update Drill hole HDD001 was completed to a final depth of 632.5 metres and is currently being processed for sampling and assays. In line with the company's decision to advance drilling at the Jukes prospect, the drill rig is now being mobilized to that location. Geophysical surveys, including pole-dipole IP and AMT (audio-frequency magnetotelluric) programs, have been completed at Hydes, with data currently undergoing processing and interpretation. Ground-based geological mapping and surface sampling programs are planned to follow up on preliminary targets identified from the geophysical survey results. Depending on the outcomes of these surface programs, there is potential for drilling to recommence at Hydes later in the summer field season, under improved weather conditions. Stephen Swatton, president and chief executive officer of Coppercorp, commented: "We are at a pivotal moment in Coppercorp's 2025 phase 2 drill program. Encouraged by the drill core that we have seen from Jukes, we have decided to focus our current efforts at this location. Jukes rock lithology has strong geological analogies to certain units or pipes that were mined at the 100-year-old Mount Lyell mine, in particular the large Prince Lyell orebody, which is currently one of the pipes under review for potential further exploitation by Sibanye-Stillwater. Coppercorp is also gearing up its efforts in the field to ground truth other priority targets within the Razorback and Skyline licences. We expect to return to drill additional holes at Hydes later in the season when ground conditions improve and we are also considering drilling at the Linda prospect in 2026, subject to further review." Jukes prospect overview The Jukes prospect is located within the 100-per-cent-Coppercorp-owned Razorback property, 10 kilometres south of the Sibanye-Stillwater-owned Mount Lyell copper-gold mining camp (three million tonnes contained copper and three million ounces contained gold). Jukes is characterized by strong IP chargeability, magnetic and geochemical anomalies forming a prospective footprint at least 700 metres long (open) and 400 metres wide, with copper-gold mineralization confirmed from surface to depths exceeding 500 metres vertically. Coppercorp's successful 2024 phase 1 drilling campaign, tested only the southern edge of this extensive mineralized footprint, yet delivered strong copper-gold intercepts, including: JDD001: 132.0 m at 0.35 per cent copper and 0.19 g/t Au from 72.0 m: Including 25.0 m at 0.75 per cent copper and 0.4 g/t Au from 72.0 m; 10.1 m at 0.94 per cent copper and 0.69 g/t Au from 128.5 m; 10.0 m at 0.67 per cent copper and 0.29 g/t Au from 194.0 m; JDD002W1: 50.0 m at 0.66 per cent copper and 0.27 g/t Au from 498.0 m: Including 20.0 m at 0.76 per cent copper and 0.17 g/t Au from 498.0 m; 19.0 m at 0.86 per cent copper and 0.48 g/t Au from 529.0 m; Including 2.05 m at 4.2 per cent copper and 1.66 g/t Au from 545.4 m. Historical underground adit channel sampling by Coppercorp also includes: Jukes No. 3 main adit (channel sampling): 310 m at 1.48 per cent copper and 0.83 g/t Au: Including 9.0 m at 2.92 per cent copper and 1.79 g/t Au. About Coppercorp Resources Inc. Coppercorp is a TSX Venture Exchange-listed exploration company focused on the exploration and development of its Skyline and AMC copper/gold/rare earth element projects in western Tasmania. Qualified person and National Instrument 43-101 disclosure The technical and scientific information in this news release has been reviewed and approved by Sean Westbrook, vice-president, exploration, for Coppercorp, who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Information on historical and recent prospecting, mining and exploration activities at the Skyline project group of properties contained within this news release has been reviewed and verified by the qualified person. In the opinion of the qualified person, sufficient verification of historical and new data have been undertaken to provide sufficient confidence that past exploration programs were performed to adequate industry standards and the data reported are fit for substantiating the prospectivity of the project in general, supporting the geological model(s) proposed, planning exploration programs and identifying targets for further investigation. This news release may contain information about adjacent properties on which the company does not have an interest. The qualified person has not verified the information, and it is not necessarily indicative of the mineralization on the company's properties. We seek Safe Harbor.