QC Copper and Gold Inc. announced the commencement of a new drill program on the historically significant Cooke and Robitaille Mines, integral components of Falconbridge's Opemiska Copper Mine Complex. These mines, located less than a kilometre from the recently unveiled open pit resource on Opemiska, present a promising opportunity for QC Copper to define additional 'Opemiska Style' near-surface mineralization. The primary objective of this drill program is to assess preliminary targets while QC Copper finalizes planning and permitting for its comprehensive 2024 drill program.

By leveraging the Company's knowledge of historic production from the mine and employing internal resource modeling, the aim is to systematically drill Cooke and Robitaille. This strategic approach seeks to identify additional open pit material within these zones, about 1 kilometre from the open pit delineated in the Mineral Resource Estimate. QC Copper has conducted limited drilling on the Cook-Robitaille Property, home to two of the four historical mines from the Opemiska Copper Mine complex.

Opemiska's Mineral Resource Estimate. The Company published a mineral resource estimate, which has a total Measured and Indicated resource of 97.5 million tonnes grading 0.81% copper, 0.27 g/t gold and 1.76 g/t silver and an additional 11.0 million tonnes at 0.53% copper, 0.20 g/t gold and 2.58 g/t silver in the Inferred category. The new resource saw a 26% increase in the copper total grade, an 11% increase in CuEq total grade, and a 16% rise in copper equivalent pounds compared to the 2021 Measured and Indicated Mineral Resource Estimate.

In addition, the Company defined a sizable starter pit comprising 19.1 million tonnes at 1.1% Cu-Eq, all in the Measured and Indicated Mineral Resources categories.