AEONIAN Expands Koocanusa Copper Project to Approximately 412 Km(2); Fieldwork Underway Across Four New Target Areas

Aeonian Resources Corp. announced the acquisition of four new mineral tenures totaling approximately 52 km², expanding its 100%-owned Koocanusa Copper Project in southeastern British Columbia from ~360 km² to ~412 km². The new claims secure previously unexplored areas identified via regional geology, airborne geophysics, and surface geochemistry, including a western copper trend extension, a major stratigraphic contact, and a conductive corridor.

This announcement follows the completion of five drill holes (~1,229 meters) at the Jake target in June 2026. While no economic copper grades were intersected, the drilling provided critical subsurface data on stratigraphy and structure. Field crews are actively conducting geological mapping, prospecting, rock/soil sampling, and structural measurements across the new claims.

The company is pivoting from testing a single target to a district-scale exploration model, using low-cost surface exploration to prioritize targets before advancing to future drilling. Tenure is secured until August 2028.

Aeonian Resources Corp. (ALTN) has expanded its land holdings, a standard operational step for a district-scale exploration company seeking to control a 50 km copper trend. This move does not constitute a material positive catalyst, as the new acreage currently lacks immediate economic potential or drill results.

The expansion follows the August 6, 2026 release of final drill results from the Jake target, which reported no economic copper intercepts. With the market having likely priced in the absence of an immediate discovery, the land acquisition serves to maintain the exploration narrative rather than acting as a value-accretive event.

The company’s emphasis on "low-cost surface exploration" to prioritize targets indicates a strategy to manage capital constraints, consistent with its modest cash position.

Aeonian Resources Corp. is an early-stage exploration company focused on the Koocanusa Copper Project in southeastern British Columbia. The project is based on a sediment-hosted copper-silver model, analogous to the Revett Formation deposits in Montana, such as Hecla's Libby Project. The land package now spans approximately 412 km², covering a roughly 50 km structural corridor within the Purcell Basin. The company is in the pre-resource stage, with no defined mineral resources or reserves.