CopperCorp Mobilizes Second Drill Rig to Jukes Prospect

Core Insights - CopperCorp Resources Inc. is advancing its drilling efforts at the Jukes Cu-Au prospect in Tasmania by mobilizing a second diamond drill rig to expedite the ongoing Phase 2 drilling program [1][6][9] Drilling Program Details - The Phase 2 diamond drilling program at Jukes consists of five planned holes totaling approximately 2,000 metres, aimed at expanding the known mineralization footprint and testing high-priority targets [2][3] - The first drill hole, JDD003, has been completed to a depth of 254.9 metres, with samples sent for assay and results expected in 3-4 weeks [4][5] - A second hole, JDD004, is currently being drilled to a planned depth of 350 metres, targeting the eastern IP chargeability corridor, marking the first drill test of this zone [5][6] Geophysical and Geological Context - The Jukes prospect is characterized by strong induced polarization (IP) chargeability, magnetic, and geochemical anomalies, forming a prospective footprint at least 700 metres long and 400 metres wide, with confirmed Cu-Au mineralization from surface to depths exceeding 500 metres [10] - Historical drilling results from the 2024 Phase 1 campaign indicated strong Cu-Au intercepts, suggesting significant mineral potential [11][12] Future Plans and Strategic Focus - The company plans to return to drilling at the Hydes prospect later in the season when conditions improve and is also considering drilling at the Linda prospect in 2026 [9] - The focus on Jukes is driven by geological similarities to the Mt Lyell mine, which has a history of significant copper and gold production [9][10]