Mr. Dan Weir reports
COYOTE COPPER MINES INC. BEGINS TRADING MONDAY APRIL 13, 2026
Coyote Copper Mines Inc. will begin trading on Monday, April 13, 2026.
Coyote Copper has acquired, through staking and option, a significant land package in the heart of Arizona's Copper Triangle. Coyote Copper's Copper Springs property has more than 100 historic drills holes and a non-National Instrument 43-101-compliant historic mineral resource (NI 43-101: Technical Report Copper Springs Property, Gila County, Arizona, by M. Feinstein, 2025). The historic resource is one of multiple exploration targets across the property and represents approximately 10 per cent of the historic supergene oxide blanket (HSOB) footprint, which was defined by wide spaced drilling in the 1960s. The historical resource estimate is comparable with a modern inferred mineral resource, however quality assurance and quality control protocols do not meet current industry standards. The qualified person finds the historic resource to be reliable and relevant based upon: field observations, multiple postresource exploration campaigns, review of the 2009 core, and thorough data compilation and analysis. Please refer to Copper Bullet's National Instrument 43-101 technical report that can be found on its website.
Please also refer to the historical reports found on Coyote Copper's website.
* Please note, any reference to historical estimates and resources should not be relied upon. These historical estimates are not current and a qualified person under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects has not done sufficient work to classify the historical estimate and CBMI is not treating the historical estimate as a current resource estimate.
Copper Bullet's 2025 NI 43-101 technical report outlines a phased exploration program of surface sampling, geophysics and drilling, which is designed to modernize the non-compliant historic resources, as well as potentially upgrading and expanding the mineralized area.
The property is adjacent to Arizona State Highway 60, located one hour east of Phoenix. High-voltage power lines cross the property and water is available from perennial springs. The property is surrounded by producing mines, including Capstone's Pinto Valley, KGHM's Carlotta mine, Group Mexico's Ray mine, and various other mines and projects owned by South 32, BHP, Rio Tinto and Freeport-McMoRan. Notably, the Copper Springs property abuts the eastern boundary of the claim block held by Rio Tinto and BHP, which hosts the Resolution copper project. These mines, together with the Ray Mines of Grupo Mexico form what is referred to as the Copper Triangle.
The Globe-Miami, Ariz., area, where the property is situated, has produced over 37 billion pounds of copper. A recent report published by the Arizona Geological Study suggests unmined resources to be over 94 billion pounds of copper (geology and history of the Globe-Miami region, Gila and Pinal county, Arizona; Briggs, 2022). The Copper Triangle is also home to two of the three copper smelters in the United States.
Updates:
- Coyote Copper has increased its land package from 444 Bureau of Land Management (BLM) mining claims, to 693 BLM mining claims, including the 126 claims under option. This equates to more than 14,000 acres, 5,800 hectares or 58 square kilometres, surrounded by some of the largest mining companies in the world, like BHP, Rio Tinto, Freeport, Groupo Mexico and KGHM.
- Resolution Copper, a joint venture owned by Rio Tinto and BHP, that represents one of the world's most significant copper deposits, completed a federal land exchange required to unlock the full potential of the project.
- "This is a remarkable day for both Resolution Copper and Arizonans," said Vicky Peacey, president and general manager at Resolution Copper. "We are grateful to President Trump and his administration for making our project a Fast-41 priority and to the U.S. Forest Service, the Department of the Interior, the Department of Agriculture, the Bureau of Land Management and the U.S. Congress for completing the land exchange that makes this milestone possible. Their leadership has paved the way for one of the most significant private investments in rural Arizona's history and unlocked the second-largest undeveloped copper deposit in the world."
- Rio Tinto, the operator on the Resolution JV (joint venture), said it would now launch a $500-million drilling campaign to explore the deposit, a necessary step before the company can forecast when copper production could begin.
- Coyote Copper's claims abut the resolution claims. They have started drilling close to the boundary to Coyote Copper's claims.
- Coyote Copper has initiated a multidisciplinary exploration program including:
- Hyperspectral, satellite surveys;
- Drone magnetic surveys;
- MT and 3-D IP geophysical surveys;
- Relogging of historical drill core;
- Soil sampling;
- Mapping, logging and chip sampling;
- Channel sampling;
- Drill permits.
- As Coyote Copper completes the programs and interprets the data, the company will disseminate the results.
Dan Weir commented: "We would like to thank all the shareholders that have invested with us over the past years, and we look forward to working with the new investors that have joined us as part of the amalgamation of Copper Bullet Mines Inc. and First and Goal Capital Corp. Coyote Copper's assets sit in one of the top copper mining districts in the world. We abut the Resolution mine which is one of the largest copper deposits in the world. Our expert team has invested in the project and is prudently advancing the geologic framework. With significant skin in the game, we look forward to building long-term shareholder value."
Qualified person
Michael N. Feinstein, PhD, CPG, is the qualified person under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, and he has reviewed and approved the scientific and technical disclosure contained in this press release. Dr. Feinstein is independent of the issuer.
We seek Safe Harbor.
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