Castillo Copper Ltd.'s Board has accepted the resignation of Managing Director Dr. Dennis Jensen which comes into immediate effect. Dr. Jensen is leaving the group on his own accord to take up a new business opportunity. To ensure continuity of leadership, the Board has appointed Mr. Jack Sedgwick as the interim Executive Director to assume responsibility for day-to-day operations and strategic intent.

In coming weeks, the Board will be reviewing the asset portfolio and prioritizing strategic forward plans against a very challenging macro environment. Further updates will be released in due course.