Copper Road Resources Inc. announced the proposed 2023 drill program at the highly-pro prospective JR Zone at its Copper Road Project in Batchewana Bay, Ontario. The Company plans to test the following priority targets at the JR Zone: J-P-23-01: the hole will test the Jogran porphyry at depth proximal to historical DDHs from 1964: JDH-13 (5 to 152 m: 147 m @ 0.27% Cu, 0.068% MoS2, 0.55% Cu Eq) and JDH-16 (5 to 170 m: 165m @ 0.23% Cu, 0.054% MoS2, 0.,44% Cu Eq), neither of which were assayed for potential by-product metals (e.g. Au, Ag, Re, W). The hole will be designed to test the porphyry mineralization to a vertical depth of 400 m which is approximately twice the extent of known mineralization.

J-P-23-02: the hole will test an area of mid-grade Cu mineralization in historical DDH JDH-07 which intercepted 14.6 m of 0.50% Cu from 126.8 to 141.4 m, 11.5 m of 0.34% Cu from 184 to 195 m and bottomed in quartz stringers with clusters of chalcopyrite and bornite at 197 m. According to historical drill logs, chalcopyrite was evident in 74% of the core yet only 232 feet (35%) of the core was sampled in 1964. R-P-23-01; the hole will test the extension of the historic high-grade intercepts in the Richards Breccia by stepping out approximately 50 m to the west of AR97-07 (27 m @ 1.46% Cu, 0.17 g/t Au, 3.8 g/t Ag) at a vertical depth of approximately 50 m. The company interprets the high-grade mineralization to follow the imeter of the breccia pipe similar to the Breton Breccia, Tribag Mine Zone. This is supported by the semi-circular geometry of the Gradient IP anomaly associated with the Richards Breccia.

Note: Assumptions used in USD for the copper equivalent calculation were metal prices of $3.87/lb Copper, $56.57/kg Molybdenum, and recovery is assumed to be 100% as no metallurgical test data is available. The following equation was used to calculate copper equivalence: CuEq = Copper = Copper (%) + (Molybdenum (%) x 6.624122) (Mo% = MoS2 x 0.6).