Chile's National Mining Authority Approves Super Copper's Cordillera Project

Executive Summary

• Super Copper Corp. received approval from Chile’s National Mining Authority (SERNAGEOMIN) for 26 exploitation concessions covering ~6,858 ha in the Atacama copper belt.
• The approvals complete the most technical portion of Chile’s mining‑rights process; registration in the Copiapó Mining Registry is now underway, which will convert the concessions into permanent, full‑scale mining rights.
• With concessions expected to be fully registered and drill‑ready by Q1 2026, the company plans to submit a Phase 1 drilling program on its highest‑priority targets, positioning the project for rapid advancement toward development.

Key Details

• Concessions Approved: 26 exploitation concessions (15 published in the Official Mining Gazette; 25 with formal court resolutions).
• Land Area: Approximately 6,858 hectares within the Cordillera Cobre claim block in the Atacama copper belt.
• Legal Status: Concessions are pending registration in the Copiapó Mining Registry; once registered they become legally constituted exploitation concessions granting permanent mining rights.
• Rights Granted by Exploitation Concessions: Ability to drill, conduct advanced exploration, develop economic studies, construct mining infrastructure, and produce/sell copper.
• Drilling Timeline: First group of concessions expected to be fully registered and drill‑ready in Q1 2026; up to 40 drill platforms may be submitted under a simplified procedure.
• Planned Actions Post‑Registration:
• Submit drilling notice to SERNAGEOMIN.
• Finalize logistics and select contractors.
• Complete Phase 1 drill program targeting high‑priority IP and ground‑magnetics anomalies.
• Joint Venture Background: Super Copper holds a JV with Gardner Y Esteffan Limitada (JV dated Sep 1 2023) that gives it the right to earn up to 100 % of the project through cash payments, share issuances, and exploration expenditures. The JV partner submitted the concession applications; Super Copper acts as manager and controlling decision‑maker for all exploration/development activities.
• CEO Quote: “This is a critical milestone… Securing exploitation concessions… gives full and permanent mining rights at Cordillera Cobre… positions us to submit our drill program promptly…” – Zachary Dolesky, CEO.

Notable Quotes

• “Securing exploitation concessions, not just exploration rights, gives full and permanent mining rights at Cordillera Cobre.” – Zachary Dolesky, CEO
• “We are positioned to submit our drill program promptly upon finalizing results from our most recent exploration work… at a time when global copper demand is entering a major structural deficit.” – Zachary Dolesky, CEO