Mr. Gordon Neal reports

WORLD COPPER FILES AMENDED RESOURCE ESTIMATE AND TECHNICAL REPORT FOR UPDATED RESOURCE ESTIMATE FOR THE ZONIA PROJECT

World Copper Ltd. has released an amended mineral resource estimate for the Zonia copper-oxide deposit in Arizona, United States, and has filed an amended copy of its National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report on SEDAR+. A calculation error in the block model used in the resource estimate necessitated a restating of the estimate.

The amended NI 43-101 technical report is entitled "Resource Estimate for The Zonia Project 2024 Update" and is dated Nov. 8, 2024, and dated effective Aug. 27, 2024. The technical report was prepared pursuant to NI 43-101 by Sue Bird, PEng, of Moose Mountain Technical Services, an independent qualified person as defined by NI 43-101. The technical report is available on World Copper's SEDAR+ profile and is available on World Copper's website.

Amended resource estimate for Zonia

The amended resource estimate contains indicated resources of 112.2 million short tons grading 0.297 per cent total copper containing 668 million pounds of copper and inferred resources of 62.9 million short tons grading 0.255 per cent total copper containing 320 million pounds of copper. These numbers differ slightly from those in the Oct. 25, 2024, news release, with nominal increases (3 per cent) to tonnage and total contained copper, and a small decrease (0.5 per cent) in grade for only the indicated class.

The classified resources are outlined in detail at the base-case cut-off grade of 0.18 per cent and at a range of cut-off grades. The resource estimate was completed for World Copper as part of the company's overall exploration plan for Zonia (see news release dated May 22, 2022).

Mineral resources that are not mineral reserves do not have demonstrated economic viability; however, a reasonable prospect of eventual economic extraction pit has been used to confine the resource estimate using assumptions detailed in the attached table notes. The QP for the resource estimate is not aware of any environmental, permitting, legal, title, taxation, socio-economic, marketing, political or other relevant factors that could materially affect the resource estimate. Factors that may affect the estimate include: metal price assumptions, changes in interpretations of mineralization geometry and continuity of mineralization zones, changes to kriging assumptions, metallurgical recovery assumptions, operating cost assumptions, confidence in the modifying factors, including assumptions that surface rights to allow mining infrastructure to be constructed will be forthcoming, delays or other issues in reaching agreements with local or regulatory authorities and stakeholders, and changes in land tenure requirements or in permitting requirement.

Zonia resource modelling

Data verification efforts for the resource estimate carried out by MMTS included discussions with World Copper personnel, personal inspection of the project area with the collection and submission of check samples to an external laboratory, an audit of the exploration drill hole database, and a detailed review of additional information obtained from historical reports and information provided by the company. MMTS also completed checks on the geologic information as compared with the paper logs, and checks of the assay values contained in the exploration database as compared with assay certificates provided by World Copper.

At-the-market quarterly report

The company also reports that, in accordance with the policies of the TSX Venture Exchange, and further to the at-the-market offering of shares made pursuant to the prospectus supplement dated July 17, 2024, World Copper issued 8,816,500 common shares and raised gross proceeds of $690,882 pursuant to ATM distributions during the period from July 17, 2024, to Sept. 30, 2024. Bank of Montreal received fees of $20,727 during the period.

Qualified persons

Sue Bird, PEng, of MMTS, an independent qualified person as defined by NI 43-101, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein.

About World Copper Ltd.

World Copper, headquartered in Vancouver, B.C., is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Zonia in Arizona and Escalones in Chile. Both projects have estimated resources with significant soluble copper mineralization, and they boast exciting potential to expand the resource base. The company is dedicated to sustainable practices and leveraging technology to develop safe and productive mining operations in stable, mining-friendly jurisdictions.

We seek Safe Harbor.