Mr. Jonathan Richards reports

KING COPPER DISCOVERY REPORTS ON KEY TECHNICAL TEAM ADDITIONS AND PARTICIPATION AT UPCOMING 2026 PDAC CORE SHACK

King Copper Discovery Corp. has made key additions to the technical team advancing the Colquemayo project in Peru and is participating in the coming Prospectors & Developers Association of Canada conference in Toronto, Canada.

Highlights:

• Fabio Cuoco appointed as project manager;
• Javier Escudero appointed as senior adviser, corporate and social affairs;
• PDAC core shack participation during Session A, booth No. 3116A, on Sunday, March 1, and Monday, March 2.

King Copper strengthens technical team additions

King Copper is pleased to announce two key appointments, Mr. Cuoco as project manager and Mr. Escudero as senior adviser, corporate and social affairs.

Mr. Cuoco is a geoscientist and project manager with over 20 years experience leading multidrill rig exploration teams on mineral exploration for Tier 1 mining companies with significant Peruvian experience. Mr. Cuoco's work has focused on copper and porphyry copper systems, and his past experience includes working as a project manager for Rio Tinto Mining and Exploration Peru, and as exploration project co-ordinator and senior geologist for Vale Exploration Peru.

Mr. Cuoco has a BSc in geology from Campinas State University, Brazil, and an MBA from Fundacao Getulio Vargas, Brazil.

With a career dedicated to fostering sustainable mining and high-stakes community relations, Mr. Escudero brings deep operational and strategic expertise to the sector. During his tenure at Hudbay Peru SAC, he transitioned through key executive roles, including director of business development and sustainability, and director of government affairs. Mr. Escudero's comprehensive understanding of the Peruvian landscape is further informed by his previous leadership tenures at global firms such as Rio Tinto, Gold Fields and Hunt Oil.

Mr. Escudero has been instrumental in multiple projects involving public-private partnership opportunities and infrastructure enhancements within communities that enhance quality of life.

Mr. Escudero has a degree in sociology from the Pontificia Universidad Catolica del Peru and also attended the Gerens Escuela de Postgrado for postgraduate work.

2026 PDAC core shack participation

King Copper is pleased to announce it will be participating at the 2026 PDAC core shack, during Session A, booth No. 3116A, on Sunday, March 1, and Monday, March 2.

Drill core displayed was recently part of a process on site within which the King Copper technical team relogged and reinterpreted approximately 20,000 metres of historical core in anticipation of a coming and fully financed 35,000-metre drill program.

The road-accessible project, of which the company has an option to earn a 100-per-cent interest, covers 6,600 hectares with copper-gold-silver mineralization in high-sulphidation epithermal systems hosted by phreatomagmatic and hydrothermal breccias that have been emplaced into Miocene to Pliocene andesitic volcanic rocks. Intense hydrothermal alteration has been mapped over an area of 12 kilometres by three kilometres.

Historic drill results from Colquemayo (see King Copper news release dated July 3, 2024, for details) include an intersection that returned:

• 237.3 metres of 2.4 per cent copper, 0.08 gram per tonne gold and 10 g/t silver, including:
  • 161.2 m of 3.4 per cent Cu, 0.09 g/t Au and 14 g/t Ag; and
  • 31.3 m of 14.8 per cent Cu, 0.2 g/t Au and 47 g/t Ag.

Stock option and restricted share unit grant

In conjunction with the appointments, the company's board of directors has approved the grant of 250,000 stock options, exercisable at a price of $1.10 per common share for a period of five years, and has granted 450,000 RSUs that entitle the holder to a common share of the company. The RSUs have a two-year vesting period and expire three years from the date of grant.

About King Copper Discovery Corp.

King Copper is a TSX Venture Exchange-listed exploration company focused on the Colquemayo copper-gold project in South America. The company is led by a team responsible for multiple gold-copper-silver discoveries.

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