Intersection Of Broad Zones Visible Copper Mineralization At Jukes

VANCOUVER - CopperCorp Resources Inc. reported that broad zones of visible copper mineralization have been intercepted in drill hole JDD002W1 at the Jukes prospect on its Razorback Copper-Gold-REE property in western Tasmania, Australia. Geological logging indicates that JDD002W1 successfully intersected broad zones of strong K-feldspar-magnetite, chlorite-magnetite alteration and sulphide mineralization. Multiple zones of visible copper sulphide mineralization have been intersected in JDD002W1 including: 1) 24.4m of visual copper sulphide from 400.0m downhole. 2) 88.7m of visual copper sulphide from 463.3m downhole, including a 48.2m wide zone of strong visual copper sulphides from 498.7m downhole.

As previously reported, diamond drill hole JDD002W1 is a wedge hole off the JDD002 parent hole at a depth of 67.5m, designed to test for copper mineralization at depth below hole JDD001 which intersected 132m @ 0.35% Cu and 0.19g/t Au1. At the time of reporting, JDD002W1 is at a depth of 568.1m.

The visual copper sulphide mineralization predominantly comprises disseminated, blebby, vein and breccia matrix chalcopyrite. The tenor of visual mineralization is variable throughout the hole and laboratory assays are awaited to confirm actual copper content. The chalcopyrite is commonly associated magnetite and pyrite. Copper sulphide mineralization in JDD002W1 is associated with increased chlorite-magnetite alteration which overprints earlier potassic (k-feldspar-magnetite) altered dacitic to rhyolitic volcanic sequence host rocks. This association was also observed in the first hole, JDD001, at Jukes.

Sean Westbrook, Vice President of Exploration, said, "Although assay results are awaited, the exploration team is very encouraged by the intersection of significant visual sulphide mineralization in JDD002W1 especially given that it is the first hole to drill across the large magnetic anomaly at Jukes that is now shown to be caused by intense hydrothermal alteration consistent with an IOCG type mineral system - which is the targeted mineralization style."