Kutcho Copper Commences 2026 Drill Program
Kutcho begins drilling three major new copper-zinc targets at its project.
Kutcho Copper Corp. has officially commenced its 2026 drill program at its feasibility-stage Kutcho copper-zinc project in Northwest British Columbia. Two drill rigs are actively testing three new, untested targets: Hamburger, Gap, and Esso West. This marks the first comprehensive exploration of multiple new targets in over 15 years.
The Hamburger target covers 2.8 km², which is more than double the Main deposit area. The Gap target covers 1.3 km², and Esso West covers 1,900m strike by 500m down dip, making it four times larger than the existing Esso Deposit. The program also includes soil sampling and field mapping on additional targets requiring further investigation. Technical information is reviewed by Andrew Sharp, P.Eng, COO, a Qualified Person under NI 43-101.
Kutcho Copper Corp. (KC) has commenced its drill program, a routine follow-up to the company’s February and April 2026 announcements regarding targets, funding, and mobilization schedules. The company was fully funded for this program as of April 2026, with physical mobilization confirmed in early July.
The execution aligns precisely with prior guidance, with no new financial, operational, or strategic surprises. The market likely priced in this progression, resulting in a neutral to slightly positive impact on a routine basis. The focus now shifts entirely to the quality of the drill results and their potential to materially expand the resource base.
Kutcho Copper Corp. is developing the Kutcho copper-zinc project, a feasibility-stage volcanogenic massive sulfide (VMS) deposit located in Northwest British Columbia. The project currently features a Measured and Indicated resource of 22.8 million tonnes grading 2.26% copper equivalent and an Inferred resource of 13 million tonnes grading 1.62% copper equivalent.
Economics from the feasibility study indicate an after-tax net present value (7%) ranging from C$536 million to C$1.14 billion, with an internal rate of return of up to 53.4%, depending on copper price assumptions. The company recently deferred the underground mining phase to reduce initial capital by approximately US$57 million and simplify startup, while maintaining comparable economics. Infrastructure for the project includes an existing field camp, airstrip, 120 kilometers of access road, and concentrate export facilities within 400 kilometers.