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Getty Copper Inc
Symbol GTC
Shares Issued 360,689,205
Close 2026-04-07 C$ 0.17
Market Cap C$ 61,317,165
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Getty Copper plans 2026 drill program at Getty

2026-04-08 12:53 ET - News Release

Mr. Ryan O'Regan reports

GETTY COPPER'S 2026 OUTLOOK AND STRATEGIC PRIORITIES

Getty Copper Inc. has outlined its corporate vision, strategic priorities and operational outlook for 2026 following the recent closing of its transformational transaction and has appointed a new leadership team.

A new chapter for Getty

Two thousand twenty-six marks the beginning of a new phase for Getty. With a refreshed leadership team, a strong balance sheet and a clearly defined strategy, the company is focused on unlocking the full value of its position in the world-class Highland Valley copper district.

Getty holds mineral claims covering approximately 25 per cent of one of Canada's most prolific copper districts, yet much of this ground has seen limited modern exploration. The company's objective is to position Getty as a leading copper development story within the district through disciplined execution, targeted drilling and a focus on identifying higher-grade mineralization within a large-scale system.

Chief executive officer Ryan O'Regan comments:

"Getty presents a unique and strong copper investment opportunity. A Getty shareholder is invested in a company that holds one-quarter of one of the most prolific copper districts in Canada, with surrounding infrastructure, historic resources, a slew of exploration targets and is commencing the largest drill program seen on the property for 30 years. In 2026, the company plans to drill aggressively with a 14,000- to 16,000-metre program planned to both upgrade the historic resources and test new exploration opportunities. Corporately, we raised $15-million, retired approximately $4-million in pretransaction debt and have $11-million in cash to fund our programs. Getty bolstered its technical and board skill sets with the addition of Charles Funk and Mahesh Liyanage and added significant B.C. porphyry exploration experience to management. The company also plans to undertake a 5:1 consolidation at the upcoming June AGM. We aim to grow the Getty share price in 2026 by revitalizing the company and showcasing the potential of our namesake property with steady resource and exploration news flow."

Two-pronged strategy to unlock value in the district

Getty's 2026 drilling strategy is built on a focused, two-pronged approach:

  • Resource growth and expansion -- The company's initial priority is to advance and expand on areas containing historical mineral resources. Getty North and South are the host of historic resources that were last significantly drilled in 1997. They were drilled to shallow depths, in a significantly lower copper price environment with very limited geological controls or modern multielement assay data. Drilling will commence imminently and initially target Getty North using existing permitted drill sites. This approximately 10,000-metre program is intended to improve mineral resource estimate confidence and test for higher-grade mineralization within known zones.
  • District exploration potential -- In parallel, the team has allocated additional targets of approximately 4,000 to 6,000 metres to evaluate across its broader land package, including Getty South, Getty West, Glossie and other satellite zones. The goal is to demonstrate the potential for a larger, district-scale copper system.

This staged approach is designed to deliver immediate results and bring resources up to a modern standard while systematically advancing exploration opportunities through target to drill test across the Getty property.

Getty's higher-grade opportunity

A key element of Getty's strategy is targeting higher-grade copper mineralization within the district. Historical work has outlined mineralization at meaningful scale, with copper grades favourably comparable with those at the adjacent Highland Valley copper mine. For example, Getty North hosts a non-current historical indicated mineral resource grading 0.37 per cent copper, compared with HVC's global reserve grade of approximately 0.28 per cent Cu.

Increasing confidence in the continuity and distribution of these higher-grade zones has the potential to materially enhance project economics and support multiple development pathways.

Strong financial position

In connection with its recent transaction, Getty has now successfully raised approximately $15-million in November, 2025, and has since eliminated all debt. The company currently holds approximately $11-million in cash, providing a strong financial foundation to fully execute its 2026 work programs and strategic initiatives.

Looking ahead

The company expects 2026 to be a catalyst driven year, with active drilling, continued target development, and continuing technical work designed to advance the Getty project and deliver meaningful results to shareholders.

Corporate initiatives

As part of its broader corporate strategy, the company intends to seek shareholder approval for a proposed share consolidation on a one-to-five basis at its upcoming annual general and special meeting, which the company proposes to hold on June 9, 2026.

All outstanding warrants, stock options and other convertible securities of the company will be adjusted in accordance with their respective terms to reflect the consolidation. This will include an increase to applicable exercise or conversion prices by a factor of five and a corresponding reduction in the number of common shares issuable upon exercise or conversion by a factor of five. The company's name and trading symbol will remain unchanged. The consolidation will be subject to the final acceptance of the TSX Venture Exchange.

Qualified person

Roy Greig, PhD, PGeo, the responsible officer for Getty and a qualified person (QP) as defined by National Instrument 43-101, has reviewed and approved technical information contained in this news release.

About Getty Copper Inc.

Getty Copper is a Canadian-based mineral exploration and development company focused on the Highland Valley copper district of British Columbia, Canada. Its flagship 82-per-cent-owned Getty project is located near Logan Lake, adjacent to Teck's Highland Valley copper mine, and has the potential to be a significant new source of copper and molybdenum in the district.

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