Atacama Copper Corporation announced the appointment of Tim Warman as Chief Executive Officer. Mr. Warman is a mining executive and geologist with more than 30 years of experience ranging from early-stage exploration to production. He has held senior leadership roles and board positions with some of the industry's most notable companies.

Most recently he was CEO of Fiore Gold, a successful Nevada gold producer that was acquired by Calibre Mining in early 2022. Prior to Fiore Gold, he served on the board of Continental Gold (Buritica Deposit, Colombia, acquired by Zijin Mining), was President of Dalradian Resources (Curraghinalt Deposit, Northern Ireland, acquired by Orion Mine Finance) and Vice-President, Corporate Development, of Aurelian Resources Inc., which discovered the Fruta del Norte gold deposit in Ecuador before being acquired for $1.2 billion by Kinross Gold Corp. Earlier in his career he held senior positions in mining and exploration companies in the Americas, Africa and Europe.

Tim is a graduate of the University of Manitoba (MSc) and McMaster University (BSc) and is a member of the Association of Professional Geoscientists of Ontario. In connection with his appointment, Mr. Warman has been granted 300,000 stock options in the Company. Each stock option is exercisable, for a period of 5 years from the date of grant, to acquire one common share of Atacama Copper at an exercise price of CAD 0.20.

The stock options shall vest in three equal parts on the grant date, first anniversary and second anniversary of the grant date. Mr. Warman's appointment is subject to TSX Venture Exchange approval. Mr. Gino Zandonai will transition to the role of Senior VP of Business Development, focusing on identifying and evaluating acquisition targets.

Gino's long experience and extensive connections in Chile and across South America will be integral to the company's growth strategy.