Second Drill Rig Mobilised To The Jukes Prospect

VANCOUVER – CopperCorp Resources Inc. reported the mobilization of a second diamond drill rig to fast-track drilling at the Jukes Cu-Au prospect on its 100% owned Razorback property in western Tasmania, Australia. Following the recent commencement of the planned 2,000-metre Phase 2 diamond drilling program at Jukes¹, samples from the first drill hole (JDD003) have been submitted for assay, with results expected soon. A second hole is currently in progress at Jukes, and a third hole is scheduled to commence shortly with the mobilization of a second drill rig from the Hydes prospect to accelerate the Phase 2 program.
The Phase 2 diamond drilling program at the Jukes prospect comprises five planned holes for a total of approximately 2,000 metres. The program is designed to expand the known Jukes mineralization footprint and to test high-priority induced polarization (IP) and geochemical targets along strike from the 2024 Phase 1 drilling. The scope of the program may be expanded depending on the results of the initial drill holes. The first drill hole of the Phase 2 program, JDD003, has been completed to a depth of 254.9 metres. Samples have been dispatched for assay, with analytical results anticipated soon.
Drill hole JDD004, collared from the same pad as JDD003, is currently in progress at a depth of approximately 192 metres, with a planned final depth of 350 metres. JDD004 is targeting the eastern IP chargeability corridor at Jukes and represents the first ever drill test of this zone. JDD004 core logging and processing are progressing well, with initial samples prioritized for dispatch to the laboratory.
A second drill rig is currently being mobilized to Jukes and is expected to commence drilling in the coming days.
Drill hole HDD001 was completed to a final depth of 632.5m and is currently being processed for sampling and assays. In line with the Company’s decision to advance drilling at the Jukes prospect, the drill rig is now being mobilized to that location.
Geophysical surveys, including
Stephen Swatton, President and CEO, said, “We are at a pivotal moment in CopperCorp’s 2025 phase 2 drill program. Encouraged by the drill core that we have seen from Jukes we have decided to focus our current efforts at this location. Jukes rock lithology has strong geological analogies to certain units or ‘pipes’ that were mined at the 100-year-old Mt Lyell mine, in particular the large Prince Lyell orebody, which is currently one of the pipes under review for potential further exploitation by Sibanye-Stillwater. CopperCorp is also gearing up its efforts in the field to ground-truth other priority targets within the Razorback and Skyline licenses. We expect to return to drill additional holes at Hydes later in the season when ground conditions improve and we are also considering drilling at the Linda prospect in 2026 subject to further review.”