CopperCorp Confirms Significant Outcropping Mineralization at Hydes and Commences Ground Gravity Surveys at Razorback

Core Insights - CopperCorp Resources Inc. has confirmed significant outcropping mineralization at its Hydes prospect and has initiated ground gravity surveys at the Razorback property in Tasmania, Australia [1][3][4] Exploration Update - High-grade copper mineralization has been located at Hydes, characterized by chalcopyrite in chlorite altered volcanic rocks, similar to mineralization at Jukes and the Mt Lyell Cu-Au system [3][4] - Historical sampling by BHP in the 1960s at Hydes returned results of 23.0m at 0.8% Cu, but no follow-up exploration has occurred since [4][7] - Detailed mapping and sampling programs are currently underway at Hydes, with assay results expected soon [3][4] Gravity Surveys - Ground gravity surveys will initially focus on the Jukes and Hydes areas, with plans to cover South Darwin and Linda target areas subsequently [5] - The surveys aim to provide higher resolution data to accurately map prospective gravity anomalies for drillhole targeting [5][8] 3D Modelling Insights - 3D inversion modelling of magnetic and gravity data indicates highly prospective features at Jukes and Hydes, characteristic of IOCG deposits, with similarities to the Mt Lyell Cu-Au system [6][8] - The modelled magnetic pipe at Jukes extends up to 700m in a north-south direction and 1.4km vertically below surface mineralization [8] Next Steps - Line cutting crews have been engaged for gridding at both Hydes and Jukes, with IP surveys anticipated to follow [10][11] - Planning and permitting for follow-up drilling at Jukes and potential maiden drilling at Hydes are currently underway [11] Company Overview - CopperCorp is focused on the exploration and development of its copper-gold-REE projects in Tasmania and is well-financed with approximately C$3.5 million in working capital [26]