Mr. Vince Sorace reports
KUTCHO COPPER MOBILIZES FOR 2026 DRILL PROGRAM
Kutcho Copper Corp. has begun mobilization toward the start of its 2026 drill program at its feasibility-stage, high-grade copper-zinc development project located in northwestern British Columbia. Wildlife preclearing surveys, archeology surveys, pad clearing and construction are under way. All preparation activities will culminate with two drill rigs to commence drilling in mid-July.
Vince Sorace, president and chief executive officer of Kutcho Copper, stated: "The company's 2026 exploration program is designed to drill test the Hamburger, Gap and Esso West targets. Eleven drill holes are planned, all to be accompanied by downhole EM surveys, which will greatly enhance our ability to vector in on these priority targets. We have a clear exploration initiative -- a goal to double the size of the current resource, potentially adding significant value and expanding mine life as we move toward a construction decision.
The 2026 drill program -- untested targets within five kilometres of defined resources:
- The prospective, near-planar Kutcho time horizon extends for over 12 kilometres along strike, and includes the Hamburger, Gap and Esso West targets. These are untested ZTEM conductivity highs near to the known mineralization -- supported by geology, magnetic and seismic data to 850-metre depth.
- The Hamburger VMS target covers an area of 2.8 square kilometres -- more than double that of the defined mineral resource at the Main deposit.
- The Gap target covers an area of 1.3 square kilometres at the confluence of two important conductivity trends.
- Esso West is a high-priority drill target covering an area of 1,900-metre strike by 500-metre downdip (an area four times larger than the Esso deposit).
Hamburger -- the largest untested ZTEM target of over 2.8 square kilometres:
- The Hamburger target is more than double that of the defined mineral resource at the Main deposit.
- Geological indicators allow room for multiple exploration target types, including downfaulted or parallel mineralization trends that have not been drill tested before.
- Historical drill holes (outside of the ZTEM high-conductivity target) intersected Kutcho time horizon rocks, as well as significantly anomalous values of copper and zinc -- which can occur within 50 to 100 metres of significant and potentially economic massive sulphide mineralization.
Three drill holes are planned to test the thickest volumes of high ZTEM conductivity, overlapping with zones of greatest inversion confidence and paleobasement highs.
The Gap -- a large high-priority target area of over 1.3 square kilometres -- a nexus of trends:
- The Gap target occurs at the confluence of two important conductivity trends. The intersection of these trends is interpreted to be a possible focal point for volcanogenic massive sulphide style mineralization.
- The Gap ZTEM conductivity target was intersected in sparse historical drilling. Historical drilling has positive indicators of VMS mineralization with carbonate alteration and intersections of pyrite mineralization of lengths of up to 15 metres (hole K022).
- Historical drill holes indicate that alteration associated with the Main deposit continues along strike from known mineralization, and the ZTEM constrained conductivity model provides a focused drill target areas more likely to contain sulphide mineralization.
Two drill holes are planned to test each of the conductivity trends in the highest confidence model areas.
Esso West -- highest priority untested VMS target:
- Esso West is a high-priority drill target covering an area of 1,900-metre strike by 500-metre downdip (an area four times larger than the Esso deposit). It is defined by coincident ZTEM, VTEM and magnetic anomalies, and an untested ZTEM conductivity high near to the known mineralization.
- Seismic reflection surveys over the Esso West target revealed detailed subsurface geological features that positively correlate to those at the Esso deposit -- allowing for high-conviction drill targeting where conincident with ZTEM conductivity highs.
- The target is strongly supported by geology, magnetic and seismic data that have been benchmarked against the high-grade Esso deposit.
- The target is bracketed by a total of five historic drill holes that intercepted a combination of: (a) moderately to strongly sericite-pyrite altered quartz-crystal tuffs that correlate to the immediate hangingwall rocks to the Main, Sumac and Esso deposits; and (b) sericite-pyrite altered lapilli tuffs, which are indicative of the footwall sequence below the three known deposits. However, none of these holes directly intersected the Esso West target.
Six drill holes are planned to test the highest anomalous conductivity portions of the target with focus along the 1,900 metres of strike extent.
Qualified persons
The technical or scientific information in this press release has been reviewed and approved by Andrew Sharp, PEng, British Columbia (licence No. 47907), FAusIMM, chief operating officer for Kutcho Copper, who serves as a qualified person under the definition of National Instrument 43-101.
Notes:
- Regional and near-resource exploration targets are considered early-stage exploration targets which do not contain any mineral resources as defined by National Instrument 43-101. There has been insufficient exploration to define a mineral resource for the targets disclosed. It is uncertain whether further exploration will result in these targets being delineated as a mineral resource.
- ZTEM is an acronym referring to the Z-Axis Tipper electromagnetic technique which is a geophysical technique utilizing natural earth currents to image the subsurface 3-D distribution of apparent resistivity to depths exceeding one kilometre.
- VTEM is an acronym referring the versatile time-domain electromagnetic technique, and is useful for detecting and discriminating between moderate to excellent conductors.
- Electrical conductivity may indicate the presence of mineralization of economic interest, but also a range of other possibilities, including electrically conductive mudstones, alteration and mineralization such as pyrite.
- Historical data: This news release includes historical information that has been reviewed by Kutcho's qualified person. Kutcho's review of the historical records and information reasonably substantiate the validity of the information presented in this news release; however, Kutcho cannot directly verify the accuracy of the historical data, including (but not limited to) the procedures used for sample collection and analysis. Therefore, any conclusions or interpretations borne from use of these data should be considered too speculative to suggest that additional exploration will result in mineral resource delineation. Kutcho encourages readers to exercise appropriate caution when evaluating these data and/or results.
- Technical disclosure: The material scientific and technical information in respect of the Kutcho project in this news release is, unless otherwise indicated, based upon information contained in the technical report titled "NI 43-101 Feasibility Study Technical Report for the Kutcho Copper Project, British Columbia, Canada," dated effective Nov. 8, 2021, and issued Dec. 22, 2021. The 2021 feasibility study was prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects). NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the mining property disclosure rules specified in Subpart 1300 of Regulation S-K under the U.S. Securities Act of 1933 promulgated by the Securities and Exchange Commission. Accordingly, information concerning mineral deposits from the 2021 feasibility study set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
About Kutcho Copper Corp.
Kutcho Copper is a Canadian resource development company focused on expanding and developing the Kutcho high-grade copper-zinc project in Northern British Columbia. Committed to social responsibility and the highest environmental standards, the company recently completed a feasibility study on the Kutcho project and is advancing permitting with the objective of getting to a positive construction decision.
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