Coppercorp begins diamond drilling at Hydes prospect

Mr. Stephen Swatton reports COPPERCORP COMMENCES FIRST-EVER DIAMOND DRILLING PROGRAM AT HYDES CU-AU PROSPECT Coppercorp Resources Inc. has commenced its 2025 maiden diamond drilling program at the Hydes prospect, located within the company's 100-per-cent-owned Razorback Cu-Au-REE (copper, gold and rare earth element) project (EL8/2023) in western Tasmania, Australia. Highlights: First-ever drill program at Hydes targeting priority gravity and geochemical anomalies associated with high-grade copper-gold surface mineralization; First drill hole (HDD001) targets a gravity-high feature at depth below outcropping mineralization, with recent surface channel sampling results including: 24 metres (m) at 0.74 per cent Cu and 0.36 gram per tonne Au in channel sampling, including: 14 m at 0.97 per cent Cu and 0.56 g/t Au; Permitting approvals currently received for up to six diamond drill holes for 4,600 metres testing multiple coincident geophysical and geochemical anomalies at Hydes; IP (induced polarization) geophysical survey now scheduled for mid-August, aiming to further refine drill targeting by mapping chargeability zones potentially associated with sulphide mineralization at depth; Hydes prospect is owned 100 per cent by Coppercorp and is located along trend from the three-million-tonne-copper-and-three-million-ounce-gold Mount Lyell copper-gold mine camp, with excellent access to mining infrastructure and services. Stephen Swatton, president and chief executive officer of Coppercorp, commented: "I am pleased to report that drilling of hole HDD001 has commenced at the Hydes prospect. This is the first-ever exploration hole drilled at this location and marks a significant milestone for the Razorback property as we step out and begin to drill one of several untested exploration targets within this licence. Coppercorp's surface rock sampling and detailed gravity modelling in conjunction with historical magnetic data have highlighted Hydes as a compelling high-grade copper-gold target with strong similarities to the nearby Mount Lyell deposit. In parallel with drilling, the upcoming IP survey will allow us to build a more comprehensive geophysical model helping refine future drill hole positioning and enhancing our ability to vector toward mineralization." Hydes drill program Formal approvals have been granted for the drilling of an initial six holes totalling approximately 4,600 m at the Hydes prospect. The planned drilling is designed to test high-priority target zones defined by: Gravity anomalies interpreted to reflect possible dense sulphide-rich mineralization at depth; Surface copper-gold anomalies, including broad zones of chalcopyrite-bearing outcrop; Structurally favourable zones located proximal to historic copper workings and mapped alteration corridors. The first drill hole will target the central Hydes coincident gravity-geochemistry anomaly, stepping downdip from outcropping mineralization, where previous channel sampling returned 24 m at 0.74 per cent Cu and 0.36 g/t Au, including 14 m at 0.97 per cent Cu and 0.56 g/t Au. This initial hole is expected to provide critical geological information on lithology, alteration style and mineralization controls within the target zone area. While six holes are currently permitted for drilling at Hydes, the final sequence and extent of the program may be adapted based on real-time geological observations and results from early drilling. Additionally, interpretations from the upcoming dipole-dipole IP survey, now scheduled to commence in early-mid August, may also inform refinements to drill hole positioning and prioritization. This adaptive approach will ensure that follow-up drilling is responsive to developing geological and geophysical insights. About the Hydes prospect The Hydes prospect is located within the 100-per-cent-Coppercorp-owned Razorback Cu-Au-REE property, five kilometres (km) south of the company's Jukes prospect and just 15 km south of the Sibanye-Stillwater-owned Mount Lyell copper-gold mining camp (three million tonnes of contained copper and three million ounces of contained gold). There are no net smelter return royalties on this project. Recent assay results from channel sampling of outcropping copper mineralization at Hydes confirmed high-grade Mount Lyell-style copper-gold potential in the area with a significant mineralized interval of 24 m at 0.74 per cent Cu and 0.36 g/t Au, including 14 m at 0.97 per cent Cu and 0.56 g/t Au. The mineralization at Hydes is closely associated with north-south-trending zones of strong pyrite-chlorite alteration up to 300 m wide and exhibiting similarities to mineralized zones identified and successfully drilled by Coppercorp at the Jukes prospect, as well as deeper, chlorite-dominant levels of the nearby Sibanye-Stillwater-owned Mount Lyell Cu-Au system. Recently updated geophysical 3-D inversion models1 for Hydes indicate two prominent gravity-high features flanking a central magnetic-high feature. The modelled gravity-high features are located at depth below the surface copper-gold in channel samples and strike-extensive chlorite alteration zones. Geological modelling of major fault structures shows good correlation with the gravity and magnetic 3-D inversion models, and the observed alteration patterns at Hydes supporting the company's interpretation that the Hydes area represents a structurally focused hydrothermal discharge zone with similarities to the Mount Lyell system. About the Razorback property The Razorback property (EL8/2023) spans 171 square km and is part of Coppercorp's 100-per-cent-owned Skyline project portfolio in western Tasmania. The project is located directly along strike and south of the Mount Lyell copper-gold mine system (three million tonnes of copper and three million ounces of gold). Razorback is considered prospective for both IOCG (iron ore, copper and gold) and porphyry-style Cu-Au mineralization. The company's project-scale exploration efforts across the district south and east of Mount Lyell have identified multiple priority targets, including Jukes, Linda North, Linda South and Hydes, all of which demonstrate geological and geophysical characteristics with strong affinities the Mount Lyell mineralization system. 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-REE projects in western Tasmania. Refer to the Coppercorp's website for further information. 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 of exploration for Coppercorp, who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. 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 the information is not necessarily indicative of the mineralization on the company's properties. We seek Safe Harbor.