Announcement • Jul 10
Edge Copper Corporation Reports Assay Results From Nine Additional Diamond Drill Holes At Zonia Copper Project Edge Copper Corporation reported assay results from nine additional diamond drill holes completed as part of its ongoing drill program at the Company's 100%-owned Zonia Copper Project in Arizona. The holes reported were drilled primarily as infill within the current mineral resource area and returned broad intervals of copper mineralization that reinforce continuity of the oxide system and support the Company's objective of increasing confidence in the current resource model. These results bring the total number of holes reported from the current program to 20. As the infill program advances, Edge Copper is shifting the balance of drilling toward systematic testing of the deposit extents. Current and planned holes are progressing around the perimeter of the mineralized system to establish hanging-wall and footwall contacts from surface to depth and to test continuity along strike, up dip and down dip. The mineralized footprint remains open to the north, south, east and west with drilling yet to define its full extent. Drill Hole Highlights: ZND0027 returned 697 ft grading 0.28% CuT from 191 ft, including 170 ft grading 0.47% CuT and 180 ft grading 0.37% CuT. ZND0049 returned 544 ft grading 0.27% CuT from surface, including 199 ft grading 0.40% CuT. ZND0023 returned 369 ft grading 0.22% CuT from surface, including 30 ft grading 0.30% CuT. ZND0024 returned 304 ft grading 0.21% CuT from 436 ft, including 90 ft grading 0.28% CuT and 40 ft grading 0.33% CuT. ZND0018 returned 78 ft grading 0.40% CuT from surface. The reported holes are distributed across the existing resource footprint and were designed principally to test continuity, grade distribution and geological interpretation within areas currently classified as Inferred Mineral Resources. Broad intercepts in ZND0027 and ZND0049, together with near-surface mineralization in ZND0023 and ZND0018 provide additional data for the Company's geological and resource models. The results support the objective of increasing confidence in the current resource and evaluating future conversion of Inferred Mineral Resources to the Indicated category. New Risk • Jun 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$98.8m market cap, or US$69.7m). Recent Insider Transactions • Jun 21
Chief Operating Officer recently bought CA$143k worth of stock On the 18th of June, Kyle Lindahl bought around 250k shares on-market at roughly CA$0.57 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$1m. Kyle has been a buyer over the last 12 months, purchasing a net total of CA$493k worth in shares. 
