Follow Up Surface Program In Advance Of Phase II Drilling Program At Exploradora Norte Project

VANCOUVER - CopperEx Resources Corp. announced the commencement of a focused geological field exploration program in preparation for Phase II Drilling on the ADLP and Sopresa Targets at the Company's Exploradora Norte Project, Northern Chile. CopperEx plans to execute a three-week field work program with the exploration team having already mobilized on-site and commencing work on June 08, 2024. The field work program is designed to focus on infill areas and extensions in both the north and south directions on the ADLP Target, and infill areas and extension to the north on the Sorpresa Target. With the excavator now remobilized to site, the program is envisaged to include a total of approximately 12 additional trenches, adding to the four trenches excavated during the recently completed and published Phase I drill program.

CopperEx expects to commence drilling Phase II in less than four months, with follow up drilling on the exceptional results of the recently completed and published inaugural drill program. The ADLP and Sopresa Targets are located within the Franja del Oro area, part of an approximately 15-kilometer-long gold enrichment zone located in the northwestern part of the 23 by 13-kilometer (20,800 hectare) Exploradora Norte Project.

The Company has commenced a focused geological field exploration program in preparation for Phase II Drilling on the ADLP and Sopresa Targets. The focused geological field exploration program is expected to be complete within three weeks and amongst other works will consist of approximately 12 additional trenches. Once laboratory results are in hand, CopperEx will finalize the Phase II drill program, focusing on the ADLP and Sopresa Targets. Phase II drilling is expected to commence in less than four months.

Dave Prins, President & CEO, said, "Based upon the excellent results of the recently published Phase I drill campaign, which demonstrated the robust gold grades and continuity at ADLP and importantly demonstrates that the newly identified surface gold mineralization at Sorpresa extends to depth and along strike, we are confident that the Phase II drill program will further expand on these results and the targets. We look forward to delivering the results from the Phase II drill campaign in a very timely manner, as was clearly accomplished on Phase I drilling."