Mr. David Greenway reports

MAJUBA DESIGNS NEW EXPLORATION PROGRAM TO EXPAND NI 43-101 TONNAGE AT MAJUBA HILL COPPER PORPHYRY DEPOSIT IN NEVADA

Majuba Hill Copper Corp. is making plans for advancing the Majuba Hill porphyry copper deposit. The company has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects titled "Technical Report for the Majuba Hill Copper Project, Pershing County, Nevada, USA."

The report was authored by Jeffrey M. Bickel, CPG, senior geologist, RESPEC Company LLC, Reno, Nev. The full report dated June 20, 2023, is available on the company's website and the SEDAR issuer profile.

RESPEC evaluated the porphyry copper mineralization using a series of conceptual open-pit scenarios. The conceptual open-pit scenarios were constructed using a Whittle pit calculation. In the report a significant footprint of copper mineralization was outlined that is within an exploration corridor containing favourable porphyry-copper-type geologic characteristics and robust copper mineralization.

The attached table summarizes the tonnage and grade ranges for the Whittle pits.

"We are thrilled to announce the significant milestone achieved by Majuba Hill Copper Corp. with the successful filing of our updated NI 43-101 report on SEDAR, a testament to our commitment to transparency and adherence to the highest standards in mineral project disclosure. I extend my deepest gratitude to the entire RESPEC company team for their dedicated efforts in delivering this comprehensive report. Their expertise and unwavering support have been instrumental in shaping our path to success. Special thanks to Buster and Jefferey, whose leadership and hard work have been pivotal in driving this endeavour forward. With this milestone, we are confident in our position to seize the abundant opportunities that lie ahead in the dynamic copper market," commented David Greenway, chief executive officer of Majuba Hill Copper.

Exploration plans

During 2023 the company will focus on drilling up to 4,900 metres (16,000 feet) to advance and expand the copper deposit. The primary objective of the drilling is to convert the mineralization from an exploration target category into the inferred and indicated resource categories. The company geologists have determined locations for 15 to 20 core and reverse circulation (RC) holes. Holes are sited to achieve four main objectives:

1. Tighten up drill spacing to convert waste blocks to mineralized blocks;
2. Complete additional drill holes between Whittle pit 13 and the much larger Whittle pit 42 to improve the grade of copper mineralization and infill areas that currently have no drill holes;
3. Extend high-grade mineralization;
4. Characterize the metallurgy of the oxide and enriched mineralization to aid with the economics of processing the copper mineralization.

Qualified person

The scientific and technical information contained in this news release has been reviewed by E.L. (Buster) Hunsaker III, CPG 8137, a non-independent consulting geologist who is a qualified person as such term is defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Majuba Hill Copper Corp.

Majuba Hill Copper is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fuelled by the green new deal in the United States and most other developed nations with similar programs aimed at addressing climate change. Such programs are heavily reliant on silver, gold and especially copper to produce electric vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.

The flagship project is the Majuba Hill copper, silver and gold district located 156 miles outside Reno, Nev. Management has been mandated to focus on safe, mining-friendly jurisdictions where government regulations are supportive of mining operations.

We seek Safe Harbor.