Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - Copper Standard Resources Inc. (CSE: CSR) ("Copper Standard" or the "Company") provides the following updates.
Portfolio Update
The Company announces that it has elected not to proceed with its option to acquire the Francisco José IV and V claims, which form part of the Colpayoc mining project. The Company continues to retain a 100% interest in the adjacent El Ferrol property.
The Company continues to evaluate new project opportunities while maintaining its interest in the Pacaska, Capricho, and Paco Orco projects in Peru, as outlined below.
Pacaska Project
The Pacaska Project contains a high-quality epithermal gold-silver target at surface with a copper-gold porphyry target at depth. The geology and alteration at Pacaska are similar to world-class epithermal gold deposits like the Pierina mine and Yanacocha mine in Peru. Rock sampling at Pacaska has returned widespread elevated gold mineralization in the 0.2 - 1.0 g/t Au range with local values up to 17 g/t gold and 11% copper.
Capricho Project
Capricho contains an outcropping porphyry copper - molybdenum system within a 3,768-hectare concession package. Prospecting work on the claims has uncovered porphyry copper mineralization in stockworks and altered intrusive rocks. The concessions contain enrichment zones with values reported up to 3% copper. Solaris Resources Inc. ("Solaris") has an option to earn a 75% interest in the project.
Paco Orco Project
Paco Orco contains outcropping gossans interpreted to result from weathering of carbonate replacement-style Pb-Zn-Cu-Ag mineralization. The 4,400-hectare project contains mineralized gossan and jasperoid outcrops extending more than two kilometers and is largely unexplored. Surface rock samples from the weathered gossans have produced values up to 0.58% lead, 0.26% zinc, and 58 g/t silver. Solaris has an option to earn a 75% interest in the project.
Management and Director Update
The Company announces the appointment of Steven Krause as Chief Financial Officer ("CFO") effective September 30, 2025. Mr. Krause is a co-founder and partner of Avisar Chartered Professional Accountants. He has worked extensively with mining, mineral exploration, and development stage companies in North and South America. Mr. Krause is also the former chairman of Luna Gold, where he was chairman until the successful merger of Luna Gold and JDL Gold to form Trek Mining (now Equinox Gold Corp: (TSX: EQX) (NYSE American: EQX) in a $360 million merger. He is currently the CFO of Viva Gold Corp. Mr. Krause received his Chartered Professional Accountant designation in 1997. He also holds a Certified Public Accountant designation in the state of Illinois, USA and is a graduate of the Institute of Corporate Director's Education Program (ICD).
Christian Uria will step down as CFO to pursue other opportunities. The Company thanks Christian for his significant contributions over the past several years and wishes him continued success.
The Company also announces that Christian Milau has been appointed President of Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO). In connection with this appointment, he will step down as a Director of Copper Standard but will continue to serve as a key advisor. The Company extends its gratitude for his service on the Board and looks forward to his ongoing involvement in an advisory capacity.
About Copper Standard Resources Inc.
Copper Standard is focused on the acquisition, exploration, discovery, and development of copper and gold projects. The Company owns a 100% interest in the El Ferrol property and the Pacaska project and holds interests in the Capricho and Paco Orco projects all located in Peru.
For more information about Copper Standard, please visit our website at www.copperstandard.com or email us at info@copperstandard.com.
Matt Fargey, Chief Executive Officer
604-628-1110
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation relating to the anticipated use of proceeds. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "suggests," "indicate," "often," "target," "future," "likely," "pending," "potential," "goal," "objective, " "prospective," and "possibly," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with risks associated with mineral exploration operations, including the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Management's Discussion and Analysis and other continuous disclosure records, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265639
SOURCE: Copper Standard Resources Inc.
