Mr. Dave Prins reports

COPPEREX COMPLETES INAUGURAL DRILL PROGRAM AND DELIVERS SAMPLES TO LABORATORY FOR ANALYSIS

Copperex Resources Corp. has completed the inaugural drill campaign at the company's flagship Exploradora Norte project, northern Chile. Copperex executed a total of eight drill holes totalling 1,279 metres of drilling centred on the Franja del Oro target, part of an approximately 15-kilometre-long gold enrichment zone located in the northwestern part of the 23-by-13-kilometre (20,800-hectare) Exploradora Norte project.

Highlights:

• Copperex has recently completed eight drill holes totalling 1,279 metres of reverse circulation (RC) drilling out of the planned 1,250-metre drill program (see the company's press release dated April 4, 2024).
• All samples from this program have now been delivered to, and received by, the laboratory for analytical analysis. Results will be released as soon as received and reviewed by Copperex's technical team.
• The drill program was focused on the Franja del Oro target, which is part of an extensive north-trending array of structurally and lithologically controlled sediment-hosted gold mineralized zones in a distal porphyry geological setting.
• Copperex has an option agreement for the 20,800-hectare Exploradora Norte property, to earn a 65-per-cent ownership interest, with a preferred option to earn an additional 35 per cent. The property is located along the prolific West Fissure fault system in northern Chile, north of El Salvador and south of Escondida at 3,400 metres above sea level in the Chilean pre-cordillera. The property has a year-round operating climate with good access.

Dave Prins, president and chief executive officer of Copperex, stated: "We are extremely pleased to have completed our inaugural drill campaign within three weeks after drilling commencement, and so soon after the very recent listing of Copperex, which followed the amalgamation with Gotham Resource Corp. and becoming a valued member of Discovery Group. We look forward to releasing the results of the extremely compelling surface gold target, Franja de Oro, in the very near future."

About Copperex Resources Corp.

Copperex is a copper and gold focused exploration company with three porphyry and porphyry-related gold and copper projects located in Chile and Peru in established mineral belts near producing mines. The company's flagship property, Exploradora Norte, located in northern Chile, has multiple high-quality drill ready targets. At Exploradora Norte, Copperex has the option to earn 65 per cent and a preferred option for an additional 35 per cent with no attached royalty.

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