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Canadian Copper Inc
Symbol CCI
Shares Issued 213,166,421
Close 2026-09-18 C$ 0.72
Market Cap C$ 153,479,823
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Canadian Copper extends sulphides at Murray Brook

2026-09-21 11:15 ET - News Release

Mr. Simon Quick reports

CANADIAN COPPER INTERSECTS BROAD SULPHIDE ZONES WEST OF MURRAY BROOK DEPOSIT

Canadian Copper Inc. has provided an update from its continuing 2026 diamond drilling program that commenced in July this year at its 100-per-cent-owned Murray Brook project. The 3,500-metre drilling program is designed to test for new extensions of the currently outlined Murray Brook deposit resource in the Bathurst mining camp of New Brunswick. Near-surface, sulphide mineralization can potentially improve early mine life economics and may extend the currently defined 13-plus-year mine life.

  • Mineralization extended 25 metres west of current deposit footprint;
  • Drilling near this area in 2019 intersected 26.4 m of 1.35 per cent Cu (copper);
  • Drilling is continuing with an additional 1,300 m planned;
  • Company is funded through feasibility study and initial construction.

Current drilling extends sulphide system west

Recent drilling on the western margin of the Murray Brook deposit has intersected broad sulphide-bearing zones in all five consecutive drill holes (Table 1), MB26-06 to MB26-10, extending the known sulphide system 25 metres west of the current deposit footprint. The broad envelopes are characterized by disseminated, banded, and stringer sulphides surrounding massive and semi-massive sulphide zones. Chalcopyrite was locally observed in all five holes, with sphalerite observed in selected intervals. Assays are pending.

Previous drilling in the western area has demonstrated strong mineralization along this boundary. In particular, MB19-01 returned 26.4 metres grading 1.35 per cent Cu beginning at 26.0 metres downhole, suggesting that the western side of Murray Brook is an important expansion target.

Next steps

To date, the company has completed 2,205 metres and the program began on the Eastern Area first and will continue toward the west. An additional 1,300 metres remain in the current drilling program while the company focuses on the below list. The current exploration program may increase pending additional field observations and assay results.

  1. Receive and interpret assay results from MB26-06 to MB26-10 (October, 2026);
  2. Continue with 25-metre stepout drill holes west of the current mineral resource boundary (now);
  3. Further test a new geophysical target 600-plus metres west of the known deposit (late September, 2026).

Qualified persons

Dominique Gagne, PGeo, is a qualified person as defined by Canadian National Instrument 43-101 standards who is working for Geominex Inc., an independent contractor of the company. Mr. Gagne has reviewed and approved the geological information reported in this news release.

About Canadian Copper Inc.

Canadian Copper is a Canadian-based mineral development company with a 100-per-cent-owned copper, zinc and silver portfolio of mineral resources, as well as other base metal exploration assets. The company is focused on the prolific Bathurst mining camp (BMC) of New Brunswick, Canada.

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