Maiden Drill Program Commences At Dora Prospect

VANCOUVER - CopperCorp Resources Inc. has commenced a 3-hole scout diamond drilling program at the Skyline Project, located 15km northeast of Queenstown in western Tasmania, Australia. Highlights: A 3-hole, 750m scout diamond drilling program has commenced at the previously undrilled Dora prospect - a 5km long zone of outcropping IOCG style mineralization within the Skyline Project in western Tasmania; Drilling will test under outcropping mineralization along the Dora trend where previous rock sampling1 has returned anomalous assays including up to 6.3% Cu, 47.7g/t Au,250g/t Ag, 2.25% Co, 5.5% Zn, 2.3% Pb, and 839ppm TREO from individual samples; Dora Prospect is located near two large-scale mines that are within 5 km of the Skyline project boundary - the Mt Lyell Cu-Au deposit (3 Mt Cu and 3 Moz Au @ 1.0% Cu and 0.3g/t Au), and the Henty Au deposit (1.64 Moz Au @ 12.5 g/t Au); and The drill program is partially co-funded by the Tasmanian government.

Stephen Swatton, President and CEO, said, "The commencement of a drill program at a highly mineralized zone close to, and potentially on strike from, a 3Mt/3Moz copper-gold deposit (Mt Lyell, New Century Resources) that has never been drilled before is significant and exciting. Our sampling of historical trenches returned spectacular results which replicated previously recognized copper-gold base metal zones coincident within a 5km series of highly magnetic north-northwest trending structures. We are also to report that the government of Tasmania has awarded the Company a grant to offset drilling and helicopter costs, a strong endorsement of the Company and the government's recognition of the value of mineral exploration to the state's economy. We will eagerly await assay results from the drilling which we expect in Q2 2023.

The location of the project is in western Tasmania, a recognized multi-commodity mining district, that benefits from cheap 100% renewable power, a skilled labour force and a technical service industry that supports the 6 nearby operating mines and numerous quarry operations."