Mr. Vince Sorace reports

KUTCHO COPPER FURTHER EXPANDS MINERALIZATION DOWN DIP AT MAIN WITH 4.9M OF 2.89% CUEQ*

Kutcho Copper Corp. has released drill results from the Main deposit at its 100-per-cent-owned Kutcho high-grade copper-zinc project located in British Columbia.

Highlight intersections from Main deposit include:

• KC18-261 with 9.9 metres of 1.29 per cent copper, 4.1 per cent zinc, 35.1 grams per tonne silver, 0.34 g/t gold or 3.5 per cent copper equivalent (including 4.4 m of 5.0 per cent CuEq);
• KC18-271 with 9.9 m of 2.79 per cent Cu, 0.9 per cent Zn, 72.9 g/t Ag, 0.45 g/t Au or 4.1 per cent CuEq (including 2.8 m of 10.9 per cent CuEq);
• KC18-285 with 4.9 m of 0.87 per cent Cu, 4.3 per cent Zn, 20.6 g/t Ag, 0.18 g/t Au or 2.89 per cent CuEq (including 2.3 m of 5.0 per cent CuEq).

Hole KC18-285 intersected mineralization extending Main an additional 40 m from historic drilling, further expanding the size of the Main deposit beyond the existing resource model. KC18-268, KC18-282 (previously released -- 5.4 m of 4.0 per cent CuEq) plus KC18-285 all intercepted mineralization along 250 m of strike below the previously defined downdip edge of the Main deposit mineral resource estimate. The drill program at Main was designed to reduce the drill hole spacing in the Main inferred mineral resource and test the downdip mineral potential across the deposit. This program was very successful and points to further mineral resource expansion potential with 450 m of strike along the downdip edge of Main deposit remaining open.

 

Hole ID             From           To      Interval        Cu       Zn      Ag        Au       CuEq*
                     (m)          (m)           (m)       (%)      (%)   (g/t)     (g/t)         (%)

KC18-261          126.00       135.95          9.95      1.29      4.1    35.1      0.34        3.50
including         126.00       130.41          4.41      0.87      8.7    40.2      0.45        5.04
KC18-263          198.30       203.00          4.70      1.01      0.0    20.9      0.10        1.28
KC18-265          216.70       222.86          6.16      1.07      1.1    25.0      1.46        2.72
including         216.70       220.58          3.88      1.41      1.6    32.8      2.24        3.87
KC18-266                                                                       no significant values
KC18-268          171.83       176.50          4.67      0.92      3.9     9.5      0.11        2.67
KC18-271          247.37       257.30          9.93      2.79      0.9    72.9      0.45        4.12
including         249.04       251.90          2.86      7.40      2.0   206.8      1.26       10.91
KC18-273                                                               abandoned before target depth
KC18-274          229.65       236.20          6.55      0.33      0.2     8.4      0.09        0.55
KC18-285          207.08       212.00          4.92      0.87      4.3    20.6      0.18        2.89
including         207.08       209.44          2.36      1.07      8.9    31.3      0.26        5.08
KC18-286           85.09        88.47          3.38      3.56      1.2    66.1      0.65        5.09
     
True width estimated to be 90 per cent length of intercepts.                                         
* CuEq: copper equivalent calculated using $2.75/tonne Cu, $1.10/t Zn, $17.00/ounce Ag, 
$1,250/ounce Au.

Vince Sorace, president and chief executive officer, stated: "We have again successfully demonstrated the expansion potential at the Main deposit, adding to our resource expansion initiative. The company has been and continues to make great progress towards completion of its feasibility study, which is still on target to be completed by the second quarter of 2019."

Quality assurance/quality control statement on assay results

Diamond drilling conducted on the Kutcho property for 2018 is by Cyr Drilling International of Winnipeg, Man., using Boyles BBS-37 surface drills, with HQ diameter drill rods. All holes were oriented using an ACT III core orientation tool and after completion of the drill hole, holes were surveyed using a downhole gyroscopic tool from Terraplus Inc. of Richmond Hill, Ont. Kutcho systematically inserts certified standards, blanks and field duplicates consisting of half core samples into each batch of samples at regular intervals. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory laboratory in Whitehorse. The 2018 samples are analyzed by ALS Global of Vancouver, B.C. Samples are prepared by crushing the entire sample to 70 per cent passing minus two millimetres, riffle splitting of 250 g and pulverizing the split to better than 85 per cent passing 75 microns. The core samples also undergo a robust duplicate assay program that tests rejects and pulps for reproducibility. Samples are also sent to an umpire lab.

The gold assays are determined by Au-AA23 fire assay method which reports in parts per million (ppm) (equivalent to grams per tonne (g/t)). Any samples greater than nine g/t gold are analyzed by Au-GRA21 fire assay method with a gravimetric finish.

Base metal assays are first determined using the ME-ICP41 method, which reports results as part per million (ppm). All analyses that reach the overlimits of ME-ICP61 are reanalyzed with an ore grade method. The analytical results are verified with the application of industry standard quality assurance and quality control (QA/QC) procedures.

Qualified person

Rory Kutluoglu, BSc, PGeo, a qualified person as defined by National Instrument 43-101, has read and approved all technical and scientific information contained in this news release. Mr. Kutluoglu is the company's vice-president of exploration.

About Kutcho Copper Corp.

Kutcho Copper is a Canadian resource development company focused on expanding and developing the Kutcho high-grade copper-zinc project in Northern British Columbia. Committed to social responsibility and the highest environmental standards, the company intends to progress the Kutcho project through feasibility and permitting to a positive construction decision.

We seek Safe Harbor.