Cupani clarifies Blue Lake historical resource estimate

Mr. Brian Bosse reports HISTORIC RESOURCES AT BLUE LAKE, ADDITIONAL AND CLARIFYING DISCLOSURE As a result of a review by the British Columbia Securities Commission, Cupani Metals Corp. is issuing the following news release to clarify previous disclosures of the historical resource estimate at the Blue Lake project. To clarify the company's disclosure, the Blue Lake project has a historical resource estimate of 4.37 million tonnes grading 0.87 per cent copper (Cu), 0.52 per cent nickel (Ni) and 0.84 gram per tonne (g/t) platinum-palladium (Pt-Pd), as reported by A.T. Avison in a La Fosse Platinum Group unpublished report from 1989. At the time, the estimate was classified as indicated. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Cupani Metals is not treating the historical estimate as current mineral resources or mineral reserves. More work will be required in the form of drilling to verify the historical resource estimate. The company is also currently searching for the original logs and analytical certificates from 1987 to 1988 since there were no reports filed with the government of Quebec for the definition drilling completed by La Fosse during that time period. The Blue Lake deposits consist of nine mineralized lenses (Cu-Ni-PGE (copper-nickel-platinum group element)) that were first drilled in the 1950s by Hollinger North Shore Exploration. La Fosse Platinum Group, in 1987 to 1989, completed a fence drilling program, where more than 100 drill holes defined the nine mineralized lenses. La Fosse also excavated a 350-metre-long adit (ramp) in order to conduct preliminary metallurgical testing aimed mainly at evaluating the recovery of platinum and palladium. The presence of the mineralized lenses was confirmed in 2011 by Rockland Mineral Corp. with 16 drill holes (GM68168). The historical estimate was cited in several historical reports and are in the government database (Clark, 1991, 1994). Almost all the drill casings from La Fosse Platinum were located in the field by Cupani with a hand-held GPS (Global Positioning System). The core drilled by La Fosse is stored on site, while the core from Rockland (2011) is in a storage facility in Chicoutimi, Que. Where mentioned in Cupani documentation, the historical resource estimate only served as an example of the type of deposits known to occur within the Retty Lake region and are not necessarily indicative of other mineralized zones within the specific Blue Lake project area. Cupani Metals is currently exploring for Cu-Ni and PGE magmatic deposits within its Blue Lake property and in the possible extension of the Blue Lake mineralized lenses. Qualified person The technical content of this news release has been reviewed and approved by Jacquelin Gauthier, PGeo, vice-president of exploration for Cupani, and a qualified person as defined by National Instrument 43-101 of the Canadian securities regulators. About Cupani Metals Corp. Cupani Metals provides shareholders with long-term capital growth exposure by investing in mineral exploration properties. The company is listed on the CSE under the symbol CUPA and in United States under the symbol CUPIF. We seek Safe Harbor.