Exploration Target Outlines 50 To 100 million Tonnes At Majuba PorphyryCopper Nevada Follow CSE: JUBA Website

VANCOUVER - Majuba Hill Copper Corp. reported on the National Instrument 43-101 (NI 43-101) that is in-progress for the Majuba Hill Porphyry Copper Project in Pershing County Nevada. These results indicate a very distinct Exploration Target that the Company believes incorporates very robust mineralization and geologic characteristics. The Company plans to advance the project with the 2023 drilling program. Drilling is designed to improve and upgrade the tonnage and grade, and move the results into an economic resource category.

The Majuba Hill conceptual block model was evaluated by applying conceptual pit optimizations at various copper prices. Resulting conceptual open-pit scenarios for the mineralized material do not meet the test for reasonable prospects for eventual economic extraction with currently appropriate economic inputs. The mineralized volumes of the grade domains and interpolated grades in the block model were considered as well as understanding of the project mineralization to develop an Exploration Target. Based on these considerations, a range of between 50 million tonnes and 100 million tonnes has been established for the target.

David Greenway, CEO, said, “I am excited that we have been able to get Majuba Hill to this critical point in the development of a copper deposit in just three years. Having such a significant Exploration Target with the potential of 10 million tonnes and 20 million tonnes of material grading between 0.40 % Cu and 0.80% copper grades is tremendous for the future of the company. This puts the Majuba Hill Copper Corp. in a rare position for a company of our size. We now know we have conceptual pits that can be advanced towards development. The 2023 Target Corridor outlines what we believe will ultimately contain over 1 billion tons of copper mineralization.