Copper Road plans 2026 exploration at Ben Nevis

Executive Summary

• Copper Road Resources Inc. has announced the commencement of its 2026 exploration program at the Ben Nevis Volcanic Complex (BNVC) project in Northeastern Ontario, following the receipt of final mobile magnetotelluric (MT) data.
• The company is well-funded for the program, citing $1,084,900 raised from a financing closed on December 31, 2025, and current holdings of 1.78 million shares of Sterling Metals Corp. valued at $3 million as of February 2026.
• The 2026 program is structured in three phases: data interpretation and property compilation (Phase I), fieldwork including lidar and geophysical surveys (Phase II), and a maiden diamond drill program of up to 6,000 meters (Phase III).

Key Details

• Financing & Liquidity:
  • $1,084,900 raised via a financing closed on December 31, 2025.
  • Current holdings of 1.78 million shares of Sterling Metals Corp.
  • Market valuation of Sterling Metals Corp. shares: $3 million (as of February 2026).
• Project Land Package:
  • Consolidated claim package of 174 mining claim cells covering 10,693 hectares.
  • Includes 13 contiguous mining rights only patents for an additional 210 hectares.
  • Located in Ben Nevis, Clifford, Elliott, Arnold, and Katrine townships.
• Geophysical Data Received:
  • Final data received from Expert Geophysics for a 1,215-line-kilometre (109-square-kilometre) Mobile MT survey.
  • First all-encompassing electromagnetic (EM) and magnetic airborne data collection over the consolidated BNVC project since 1990.
  • Objective: Generate a 3-D voxel conductivity model to interpret prospective structures, formations, alteration, and mineralization.
• 2026 Exploration Program Outline:
  • Phase I (Data Interpretation): 3-D inversion of Mobile MT data, GIS compilations, interpretation of 1982 OGS till sampling, aboriginal consultation initiation, and permit filings.
  • Phase II (Fieldwork): Property-scale lidar survey, geological mapping/prospecting/sampling, stripping, and focused ground geophysical surveying based on AOIs from Phase I.
  • Phase III (Drilling): Maiden diamond drill program expecting up to 6,000 metres.
• Geological Context & Targets:
  • BNVC is located in the upper Blake River Group (BRG), which hosts the majority of VMS deposits in the Abitibi greenstone belt.
  • Two styles of economic mineralization targeted:
    1. Gold-rich Cu-Zn-Ag VMS: Eastern sector, analogous to Noranda and Doyon-Bousquet-Laronde camps.
    2. Archean Porphyry Cu-Au-Mo: Western sector, associated with the Clifford stock and Croxall breccia.
• Historical Exploration Highlights:
  • Canagau Mine Shaft: 1927 sampling from 68-metre level returned 0.52% Cu, 11.48% Zn, 7.84% Pb, 112 g/t Au, and 151 g/t Ag.
  • Croxall Breccia:
    • Hollinger Mines (1964): 85.8 g/t Au over 1.52 m.
    • Mineta Resources (1988): 114 g/t Au over 1.22 m and 0.373 g/t Au over 41.6 m.
  • Wallbridge Mining (2003): Canagau intersection of 2.07 g/t Au and 2.19% Zn over 10.3 m.
  • Wallbridge Mining (2004): Clifford anomaly intersection of 55.3 m averaging 0.12% Cu, 0.05 g/t Au, and 0.26 g/t Ag.

Notable Quotes

• Brian Howlett, CEO: "We are very pleased to begin our work program on the BNVC project. Given its proximity to the Noranda mining camp with over a century of mining history, this project has some encouraging exploration opportunities. Copper Road is well funded to initiate its 2026 exploration program..."
• Michael Rosatelli, Senior Geological Consultant: "The Ben Nevis Volcanic Complex offers tremendous potential for the discovery of economic mineralization within a consolidated claim package that has seen limited systematic historical exploration work... A fully integrated, property-scale exploration has been designed to evaluate these mineralized trends... and to delineate high-priority drill targets for the maiden 2026 diamond drilling campaign."