Announcement • Jul 25
Copper One Resources Corp. Advances 2026 Drill Program With MHB-38 At Majuba Hill Copper-Silver-Gold Project
Copper One Resources Corp. announced that drill hole MHB-37B has been completed to a total depth of 2,513 feet (765.9 metres) and that drilling has commenced at MHB-38, which is targeting a total depth of approximately 500 feet (152.4 metres), at the Company’s flagship Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada. With assays from MHB-37B pending, the 2026 drill program continues to advance on schedule. MHB-38 is designed to test a newly discovered north-northwest-trending tourmaline breccia body defined through recent surface mapping. Rock-chip samples collected from a road cut along the interpreted surface trace of the breccia returned anomalous copper and gold values. The target is projected to be intersected at approximately 280 feet (85.3 metres) downhole. Results from MHB-38 are expected to help define the geometry of the breccia body and the spatial distribution of mineralization, providing important geological information to support future drill targeting and program planning. The completion of MHB-37B marks another important milestone in the 2026 exploration program at Majuba Hill. Located in Nevada, the world's top-ranked mining jurisdiction according to the Fraser Institute's 2025 Annual Survey of Mining Companies, Majuba Hill continues to demonstrate the attributes of a large-scale copper-silver-gold project. With MHB-37B completed to a total depth of 2,513 feet, the first 1,760 feet of core submitted for assay, and drilling underway at MHB-38, assay results are pending and the 10,000-foot drill program is advancing. Majuba Hill is Copper One’s flagship copper, silver and gold exploration project, located in Nevada, USA, one of the world’s premier mining jurisdictions. The property comprises approximately 9,684 acres (3,919 hectares) and is located about 70 miles (113 road kilometres) southwest of Winnemucca and 156 miles (251 kilometres) northeast of Reno. The project benefits from excellent infrastructure, including road access, power, water and access to a skilled workforce. Majuba Hill is a historical producer with an extensive exploration database, including approximately 89,395 feet (27,248 metres) of historical drilling completed to date, providing a strong technical foundation for ongoing exploration. Exploration has identified a large copper-silver-gold mineralized system that remains open for expansion. Additional drilling, geological modelling and technical studies are planned to evaluate the extent, continuity and significance of the mineralization. Exploration to date has identified a large copper-silver-gold mineralized system that remains open for additional evaluation. However, further drilling and technical studies will be required to determine its extent, continuity and potential. However, further drilling, geological modelling and technical evaluation will be required to determine the extent, continuity and significance of mineralization at the project. Majuba Hill is located in Nevada, a leading mining jurisdiction, and benefits from scale, access, infrastructure and a substantial historical exploration database. The technical content of this news release relating to the Majuba Hill Project has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
