Latest news with #StarCopperCorp
Yahoo
6 days ago
- Business
- Yahoo
Star Copper Announces Plans for Fully Funded Fall 2025 Phase 2 Drill Campaign in Golden Triangle of BC
Deeper, broader step-out drill campaign to offer low risk test of emerging calk-alkalic porphyry system. VANCOUVER, BC / / August 5, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical minerals exploration and development company, is pleased to report that it is in receipt of newly processed geophysical data from the Star copper-gold project located in British Columbia's Golden Triangle. This information is being used to refine target generation and drill pad placement ahead of a fully funded Phase 2 drill campaign scheduled for fall 2025. The company is shifting towards a discovery-based drill program to further expand the known deposit. Company CEO Darryl Jones notes, "The significance of our Phase 1 drill campaign, which is nearing completion, is already driving momentum into the fall of 2025. Based on the accumulated historic data and preliminary findings from our Phase 1 campaign at Star, our team has begun advancing towards Phase 2 drilling with increased confidence and focus on targeted results to expand the Star deposit model. The company is diligently working towards unlocking what we believe is a multi-kilometer porphyry cluster. We are very pleased with what we are achieving in the field and look forward to building value well into the latter part of 2025." Inverted IP (Induced Polarization) chargeability models support continued exploration success at Star Main and are enabling the Company to confidently design a deeper, broader step-out drill program. The well-defined supergene copper enrichment zone at Star Main, measuring approximately 250 metres by 250 metres and extending to depths of 100 metres, hosts pervasive azurite and malachite mineralization. This zone serves as the foundation for an emerging calk-alkalic porphyry system not commonly found in British Colombia. See Figure 1. Figure 1 - Star Target Cu-oxide zone & historic drilling. Star Copper 2025 Planning for Growth: Star North and Star East Star Copper has constructed new drill pads at its Star North target, situated approximately 1km north of current drilling. This area presents a robust geophysical and geochemical footprint matching Star Main in both size (500m x 500m) and technical signature. The overlapping soil anomaly and IP chargeability high, coupled with strong geologic continuity, make Star North a compelling, high impact drill target for Phase 2. About 1km east of Star Main, the Star East target also mirrors the Star Main system, comprising a 250m x 500m chargeability and copper-gold soil anomaly. Both targets are fully permitted and prioritized for fall drilling. Historical Upside at Copper Creek Concurrently, the Company is advancing the Copper Creek target which is another historically drilled zone on the property in preparation for future testing. Drilling conducted in the 1970s returned grades of 0.48% copper from surface to 50 metres depth, (G-2-70 -341104 mE, 6456326mN UTM 9N, 000/-80 - Property File 800226) Copper Creek adds an additional dimension to the evolving porphyry cluster at Star. Unlocking a Porphyry Cluster Drilling to-date at Star Main has confirmed classic porphyry mineralization styles to depths of 674 metres. The Company believes that the emerging targets encompassing Star Main, Star North, Star East, and Copper Creek all represent a multi-kilometer porphyry cluster within a highly prospective and underexplored portion of BC's Golden Triangle. See Figure 2. Figure 2 - Star Target Oxidized Zone. Star Copper 2025 Pending Assays Results from the first phase of drilling at Star are currently being analyzed and will be reported as they are received from Bureau Veritas, a world leader in laboratory testing, inspection and certification services. Qualified Person Jeremy Hanson, P. Geo., a Qualified Person as that term is defined under NI 43-101, is an independent contractor of the Company and has reviewed and approved the technical aspects of this news release. On Behalf of the Board of Directors ~Darryl Jones~ Darryl JonesCEO, President & DirectorStar Copper Corp. About Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP / WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian flagship Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets, diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the project, including historical drilling, is available under the Company's profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper Corp. Email: info@ Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding exploration of the Company's flagship Star Project and the potential thereof, as well as the anticipated mineral resource estimate planned in respect of the Star Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the early-stage nature of the Star Project, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. SOURCE: Star Copper Corp. View the original press release on ACCESS Newswire
Associated Press
29-07-2025
- Business
- Associated Press
Star Copper Gains Confidence for Robust Porphyry System at Depth Across Star Deposit in Golden Triangle Region
Completion of Hole C marks deepest drilled depth to-date VANCOUVER, BC / ACCESS Newswire / July 29, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ('Star Copper' or the 'Company'), a critical minerals exploration and development company, is pleased to summarize the latest activity at the ongoing drill program at its flagship Star Project located within the Golden Triangle of British Columbia. Recognized as one of the most geologically endowed regions in the province, this fully funded campaign is focused on expanding the existing discovery across the Star Project. Company CEO Darryl Jones notes, 'Our exploration team have advised us that together with results from Hole A (S-050), and copper-gold grades in historic holes (e.g., S-037), that the recently completed Hole C builds confidence in the continuity of copper mineralization at depth and supports the presence of a robust porphyry Cu (±Au) system across the broader deposit.' The 2025 drill campaign has been designed to test both the lateral and vertical continuity of mineralized zones previously identified from over $10 million in prior drilling and exploration campaigns. Drilling encompasses targets identified as near-surface oxide zones, deep porphyry-style mineralization, and structures associated with the 'Star Fault' and 'Dick Creek Fault.' The Company is investigating beyond previously drilled depths and is nearing the midway point of up to 4,000 meters of drilling across six primary drill holes (Holes A-F) with holes A, B and C now complete with select samples regularly being prepped and transported for assaying. The Company has recently completed the drilling of Hole C (S-052) which was positioned ~100 metres north of Hole A (S-050), and 50 metres north of Hole B (S-051) to step out and verify copper continuity in the near-surface quartz monzodiorite. The hole further tested the Star Fault (~275m) and deeper high-grade gold intervals intersected in historic hole S-037 (12m @2.33g/t at 650m - 339712mE 6458422mN 000/-90). From surface to 70m, the hole remains largely within quartz monzodiorite, where pervasive oxidation and malachite-azurite coatings overprinting chalcopyrite forming a supergene zone similar to that seen in S-050. Below the oxide cap, primary chalcopyrite mineralization occurs as disseminations and within quartz-sulphide veinlets, with elevated chalcopyrite percentages up to 1% associated with potassic (K-feldspar) alteration halos and localized vein-breccia zones (See Figure 1). Figure 1-Hole C (S-052) at 34.9m. Star Copper 2025 The Star Fault was intersected from 255-276m, where gouge/clay-rich fault material influences structural control on mineralization. From ~350-550m, additional chalcopyrite mineralization was discontinuously encountered in association with strong silicification and brecciation within an alternating sequence of lithic tuff, cherty laminated sediments, and intrusive porphyry units. Hole C (S-052) represents the deepest drillhole to date on the Star property, reaching a total depth of 674m in a plagioclase phyric andesite (See Figure 2). Figure 2-Hole C (S-052) at 420.18m. Star Copper 2025 Overall, Hole C (S-052) confirms consistent chalcopyrite mineralization within the quartz monzodiorite phase above the Star fault, extends the northern supergene copper footprint, and strengthens the link between potassic alteration, fault architecture, and elevated chalcopyrite tenor at Star Main. Table 1 - Star 2025 Collar Table UTM 9N 'We have 3 more holes to go while our surface fieldwork remains ongoing,' notes Company CEO Jones. The overall work-to-date continues to build increasing certainty for a significant deposit at Star. As assay results are provided in the coming weeks, we look forward to advancing towards our goal for a regulatory compliant valuation of the entire project. Continued drilling in upcoming campaigns is now possible through our recently extended Multi-Year Area-Based (MYAB) exploration permits which allow for up to 200 holes, 5km of roads, and continued trenching and surface work across the property. The net result of all this effort should positively impact the Company's ability to source future capital to continue building shareholder value at this exciting project.' Marketing Update Additionally, the Company is pleased to announce that it entered into an updated consulting services agreement dated effective as of June 28, 2025, with Upswitch Media Corp. ('Upswitch') to provide the Company with certain marketing and investor relations services to expand awareness of the Company's business and to communicate with the investment community. The services may include, among other things, engaging copywriters, designing ad content and campaigns promoting the Company, providing translation services, onboarding ad campaigns with publishers, tracking, organizing and executing the services through testing and analytic studies. The services will be provided and disseminated through a variety of news and investment community on-line communications channels and may further include print publications where applicable. Upswitch will commence providing the services immediately for an initial term of 30 days. In consideration of the services, and pursuant to the terms and conditions of the agreement, the Company has agreed to pay Upswitch an aggregate fee of $500,000. Jeff Gillis, the principal of Upswitch, is located at 2709B 43rd Ave., Suite 1013, in the city of Vernon in the province of British Columbia and will act as primary representative and service coordinator. Mr. Gillis may be contacted at 1-604-373-5875 and [email protected]. To the best of the Company's knowledge, Upswitch and Mr. Gillis do not currently own securities in the capital of the Company Qualified Person Jeremy Hanson, P. Geo., a Qualified Person as that term is defined under NI 43-101, is an independent contractor of the Company and has reviewed and approved the technical aspects of this news release. On Behalf of the Board of Directors ~Darryl Jones~ Darryl Jones CEO, President & Director Star Copper Corp. About Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB: SOP / WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian flagship Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets,diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the project, including historical drilling, is available under the Company's profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper Corp. Email: [email protected] Web: Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding exploration of the Company's flagship Star Project and the potential thereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the early stage nature of the Star Project, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law. SOURCE: Star Copper Corp. press release
Yahoo
28-07-2025
- Business
- Yahoo
Star Copper Announces Amended and Restated $4 Million LIFE Offering
VANCOUVER, BC / / July 28, 2025 / Star Copper Corp. (the "Company") (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) is pleased to announce that, further to its previous news release dated July 16, 2025, it intends to complete a non-brokered private placement for gross proceeds of up to C$4,000,000.50 from the sale of up to 2,666,667 "flow-through" units of the Company (each, a "FTUnit", and collectively, the "FT Units") at a price of C$1.50 per FT Unit (the "LIFE Offering") under the Listed Issuer Financing Exemption (as defined herein). Each FT Unit will consist of one "flow-through" common share (each, a "FT Share" and collectively, "FT Shares") and one "flow-through" common share purchase warrant (each a "FT Warrant" and collectively, "FT Warrants"), issued as "flow-through shares", as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"). Each FT Warrant will be exercisable to acquire one common share (each a "Warrant Share", and collectively, "Warrant Shares") at a price of $1.60 per Warrant Share for a period of 24 months from the Closing Date (as defined below). The Warrant Shares underlying the FT Units will not qualify as "flow-through shares" under the Tax Act. The FT Warrants to be issued pursuant to the LIFE Offering will not be listed for trading on any stock exchange. The LIFE Offering is expected to close on or about August 6, 2025 (the "Closing Date"), or such other date as determined by the Company, such date being no later than 45 days from the date hereof. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the LIFE Offering is being made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption"). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The gross proceeds of the LIFE Offering will be used to incur "Canadian exploration expenses" that are "flow-through critical mineral mining expenditures", within the meaning of the Tax Act, on the Company's flagship Star Project. There is an amended and restated offering document dated July 28, 2025 (the "Offering Document") related to the LIFE Offering that can be accessed under the Company's issuer profile on SEDAR+ at and on the Company's website at: Prospective investors should read this Offering Document before making an investment decision. The Company may pay finder's fees in connection with the LIFE Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the LIFE Offering is subject to customary conditions and the receipt of all necessary approvals. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About Star Copper Corp. (CSE:STCU)(OTCQX STCUF)(FWB:SOP / WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian flagship Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets, diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with National Instrument 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the Star Project, including historical drilling, is available under the Company's SEDAR+ profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper info@ Cautionary Note Regarding Forward-Looking StatementsThis news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. In particular, this press release contains forward looking statements concerning: the Company's exploration and development plans with respect its projects, and statements regarding the LIFE Offering including, without limitation, statements regarding the completion or the expected closing date, the payment of finder's fees, the receipt of regulatory approvals, and the use of gross proceeds. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: Star Copper Corp. 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Yahoo
22-07-2025
- Business
- Yahoo
Star Copper Expands Existing Footprint of Star Project and Confirms Broad Mineralized System
VANCOUVER, BC / / July 22, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical minerals exploration and development company announced today that concurrent to its summer drill program it has successfully completed an important field program at the Copper Creek target area located within the Company's wholly owned Star Project in northwestern British Columbia's golden triangle. In addition to the Star Main discovery, historical exploration now confirmed by the Company, has identified at least four additional "fingers" surrounding the Star Main discovery that may each hold significant and complementary discoveries of their own. If successful, the current campaign could prove the entire Star Project as an expansive, mineralized system and deposit. Located approximately two kilometers (2km) to the southeast of the current drilling campaign, Copper Creek's geological setting, structural complexity, and documented copper grades suggest it may represent a southeastern extension of a broad mineralized system that extends from the Main Zone. Copper Creek holds potential to evolve into a satellite or connecting zone within a larger, continuous copper-bearing trend across the property. The fully funded campaign currently underway is focused on expanding the existing deposit at the Star Project by exploring the historically identified and known mineralization events at Star Main, Copper Creek, Star North, Star East and additional related target locations (See Figure 1). Figure 1- Star Project target areas. Star Copper 2025 Highlights The Copper Creek target was the initial (1937) discovery on the property. Centered on an impressive gossan in the walls of Copper Creek characterized by extensive malachite and azurite staining. Copper and gold soil anomalies cover the target location over a 1000m x 550m area. Geophysical anomalies have been discovered and are still open to the north, south and east. Six historical drill holes, with incomplete drill logs, include significant copper and minor precious metal values. An example intercept from the early drilling at Copper Creek includes 43.58m @ 0.49% Cu from 8.53 to 52.12m in DDH G-2-70. (341104 mE, 6456326mN UTM 9N, 000/-80 - Property File 800226) Recent field work has validated historical exploration records and establishes a reliable geospatial foundation for future exploration. Copper Creek is a historically explored copper prospect first identified in the 1930s, with significant exploration conducted in the 1970s by Skyline Explorations and United Cambridge Mines. Historical drilling intersected compelling copper and gold mineralization, including 35.5 metres grading 0.485% copper in hole G-2 and localized gold values of up to 4.5 g/t over 1.37 metres (G-2-70, 8.54 - 9.91m). Mineralization is characterized by disseminated and fracture-controlled chalcopyrite and pyrite hosted in brecciated volcanic rocks and skarn zones, spatially associated with intense chlorite-epidote alteration. Star Copper recently executed a field program at Copper Creek which was led by two geologists and one field assistant. The objectives of the program were to verify the locations of historical drill collars (holes G-1 through G-6), conduct detailed geological mapping, and collect representative rock samples. The team successfully located all historical collar sites, confirmed by the presence of vintage drill equipment, and collected 13 rock samples from mineralized outcrops and altered zones (See Figure 2). These findings validate historical exploration records and establish a reliable geospatial foundation for future exploration. Figure 2 - Copper Creek rock sample. Star Copper 2025 "We are very encouraged by the results of this recent field work, which confirm historical copper mineralization and provides important geological context for ongoing targeting," said Darryl Jones, CEO of Star Copper. "With Copper Creek located just two kilometres southeast of our current drilling operations at the Main Zone, we see strong potential for this target to evolve into a complementary satellite zone or becoming part of a larger, continuous mineralized system." Copper Creek's favorable geological setting, structural complexity, and proximity to current exploration activities make it a high-priority target for future work. The Company believes that Copper Creek may represent the southeastern extent of a broader mineralized trend that extends northwest toward and the Main Zone, offering significant upside for resource expansion (See Figure 3). Figure 3 - Star Project magnetic vector inversion cross section. Star Copper 2025 Qualified Person Jeremy Hanson, P. Geo., a Qualified Person as that term is defined under NI 43-101, is an independent contractor of the Company and has reviewed and approved the technical aspects of this news release. On Behalf of the Board of Directors ~Darryl Jones~ Darryl JonesCEO, President & DirectorStar Copper Corp. About Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP)(WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian flagship Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets,diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the project, including historical drilling, is available under the Company's profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper info@ Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding exploration of the Company's flagship Star Project and the potential thereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the early stage nature of the Star Project, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law. SOURCE: Star Copper Corp. 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Associated Press
17-07-2025
- Business
- Associated Press
Star Copper to Acquire Copperline Property in British Columbia and Announces $2.5 Million LIFE Flow-Through Offering
VANCOUVER, BC / ACCESS Newswire / July 16, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ('Star Copper' or the 'Company'), a critical mineral exploration and development company, is pleasedto announce that it has entered into a definitive agreement (the 'Agreement') to acquire (the 'Acquisition') a 100% interest in the Copperline Property ('Copperline', the 'Property' or the 'CopperlineProperty'), located in north-central British Columbia. 'The Copperline Property is an exciting addition to our growing portfolio of high-grade copper assets in British Columbia,' stated Darryl Jones, CEO of Star Copper Corp. 'With its compelling geology, strong infrastructure access, and historical grades, Copperline represents an exceptional grassroots copper-silver opportunity in a proven metallogenic belt.' The Copperline Property consists of eight mineral claims totaling approximately 4,502 hectares, situated near Skutsil Knob at the south end of the Driftwood Range, approximately 120 km north-northeast of Smithers, British Columbia (Figure 1). Under the Agreement, the Company has agreed to acquire Copperline in exchange for (i) cash, (ii) common shares of the Company ('Common Shares'), (iii) the grant of the Net Smelter Royalty (as defined below), and (iv) a Bonus payment (as defined below), subject to certain conditions. Highlights Figure 1: Map illustrating the regional location of the Copperline Project (After Prosper Gold). Property Overview The Copperline Property consists of eight mineral claims totaling approximately 4,502 hectares, located in north-central British Columbia near Skutsil Knob at the southern end of the Driftwood Range. The Property lies roughly 120 km north-northeast of Smithers and benefits from excellent regional infrastructure, including proximity to logging roads (within 5 km), the BC Rail Dease Lake extension (11 km), and hydroelectric potential via the nearby Kotsine River. The Property is accessible by road to within 5 km of the main mineralized zone, allowing for efficient mobilization of exploration crews and equipment. Geologically, the Copperline Property is underlain by subaerial volcanic rocks of the Lower Jurassic Telkwa Formation, part of the Hazelton Group. These rocks include andesitic to basaltic flows, breccias, and volcaniclastics, locally interbedded with sedimentary units such as redbeds and siltstones. The stratigraphy dips gently to the east and is structurally disrupted by north-northwest trending fault zones and fracture corridors, which are interpreted to control copper-silver mineralization. Copper-silver mineralization on the Property is characteristic of volcanic redbed copper systems and consists of disseminated and vein-controlled sulphides, including bornite, chalcocite, chalcopyrite, and tetrahedrite. Mineralization is typically hosted within massive volcanic units and associated with secondary structures such as shears, fractures, and bedding-parallel veins. Key alteration assemblages include epidote, chlorite, calcite, hematite, and silica, with 'rusty zones' and green alteration halos acting as reliable visual pathfinders in outcrop and float. Historical exploration dates back to the 1930s, with trenching by Cominco followed by diamond drilling in the 1970s by Craigmont Mines Ltd., and further work by Kit Resources Ltd. in the early 2000s. Key Historical Drilling Results include: Craigmont Mines Ltd. (1973-1974)* *Drilling data compiled from Craigmont Mines in ARIS 27276 Kit Resources Ltd. (2003) In 2003, Kit Resources also discovered additional zones of mineralization northeast of the Main Zone, including the West Zone and Dave's Zone. The West Zone returned average grab values of 2.82% Cu and 71.44 g/t Ag, while Dave's Zone produced a grab sample grading 0.17% Cu and 229 g/t Ag, highlighting the potential for multiple stacked lenses or structurally controlled zones across the broader Property area3. Star Copper plans to compile legacy data, create a 3D geological model, and execute a staged exploration program that includes surface mapping, geophysics (IP and magnetics), and diamond drilling focused on both Main Zone extensions and new target areas. National Instrument 43-101 Disclosure Nicholas Rodway, (EGBC Licence# 46541) (Permit to Practice# 100359), is an independent contractor to the Company and a Qualified Person as defined by NI 43-101. Mr. Rodway has reviewed and approved the technical content in this release. Acquisition Terms The Company entered into the Agreement with Zimtu Capital Corp. (TSXV: ZC) (the 'Vendor') on July 14, 2025; Zimtu is not a 'Related Person' of the Company, as that term is defined in the policies of the Canadian Securities Exchange ('CSE'). Pursuant to the Agreement, the Company has agreed to acquire Copperline from the Vendor in consideration for: In addition to the foregoing, if the Company publishes a mineral resource estimate prepared in accordance with Form 43-101F1 of NI 43-101 in respect of the Copperline Property (the 'Resource Estimate') disclosing any combination of measured, indicated or inferred mineral resources in excess of either (i) 500,000,000 pounds of copper, or (ii) 15,000,000 ounces of silver, then the Company will pay the Vendor an additional amount of $1,500,000 (the 'Bonus'), consisting of: The Consideration Shares and the Bonus Share (if any), when issued, will be subject to a statutory hold period of four months and one day from the date of issuance of such Common Shares. Closing of the Acquisition is subject to certain conditions and approvals, including (i) the execution of a royalty agreement for the Net Smelter Royalty in accordance with the terms set forth in the Agreement, (ii) the receipt of all required consents and regulatory approvals, including without limitation the acceptance of the TSX Venture Exchange ('TSXV') and the consent of the CSE, and (iii) such other customary conditions for a transaction such as the Acquisition. The Acquisition is not conditional in any way upon the completion, partial or otherwise, of the LIFE Offering (as defined below). LIFE Flow Through Offering The Company is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to C$2,500,000.50 from the sale of up to 1,666,667 'flow-through' units of the Company (each, a 'FT Unit', and collectively, the 'FT Units') at a price of C$1.50 per FT Unit (the 'LIFE Offering') under the Listed Issuer Financing Exemption (as defined below). Each FT Unit will consist of one 'flow-through' Common Share (each, a 'FT Share' and collectively, 'FT Shares') and one 'flow-through' Common Share purchase warrant (each a 'FT Warrant' and collectively, 'FT Warrants'), issued as 'flow-through shares', as defined in subsection 66(15) of the Income Tax Act (Canada) (the 'Tax Act'). Each FT Warrant will be exercisable to acquire one Common Share (each a 'Warrant Share', and collectively, 'Warrant Shares') at a price of $1.60 per Warrant Share for a period of 24 months from the LIFE Closing Date (as defined below). The Warrant Shares underlying the FT Units will not qualify as 'flow-through shares' under the Tax Act. The FT Warrants to be issued pursuant to the LIFE Offering will not be listed for trading on any stock exchange. The LIFE Offering is expected to close on or about July 23, 2025 (the 'LIFE Closing Date'), or such other date as determined by the Company, such date being no later than 45 days from the date the Company issues a press release announcing the LIFE Offering. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ('NI 45-106"), the LIFE Offering is being made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the 'Listed Issuer Financing Exemption'). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The gross proceeds of the LIFE Offering will be used to incur 'Canadian exploration expenses' that are 'flow-through critical mineral mining expenditures', within the meaning of the Tax Act, on the Company's flagship Star Project. There is an offering document (the 'Offering Document') related to the LIFE Offering that can be accessed under the Company's issuer profile on SEDAR+ at and on the Company's website at: Prospective investors should read this Offering Document before making an investment decision. The Company may pay finder's fees in connection with the LIFE Offering in accordance with applicable securities laws and the policies of the CSE. Completion of the LIFE Offering is subject to customary conditions and the receipt of all necessary approvals. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. References 1Borovic, I. (1990). Geophysical Survey of the Driftwood Property. ARIS Report 19978. 2Craigmont Mines Ltd. (1974). Diamond Drilling Report - Driftwood River Area. ARIS Report 4967. 3Houle, J. (2003). Kit Resources Ltd. Drilling & Geochemical Report on the Copperline Property. ARIS Report 27276. 4Rodway, N. (2023). Copperline Property Technical Assessment Report. Prepared for Zimtu Capital Corp. 5Weicker, R. (2001). Geological and Prospecting Report on the Copperline Property. ARIS Report 26667. 6British Columbia Minfile Detail Report (2024) (Minfile umber 093M 117) or NMIN 09M15Cu1. On Behalf of the Board of Directors ~Darryl Jones~ Darryl Jones CEO, President & Director Star Copper Corp. About Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP / WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets, diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the project, including historical drilling, is available under the Company's profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper Corp. Email: [email protected] Web: Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding the the Company's exploration and development plans with respect its projects, statements regarding the LIFE Offering including, without limitation, statements regarding the completion or the expected LIFE Closing Date, the payment of finder's fees, the receipt of regulatory approvals, and the use of gross proceeds, and statements regarding the Acquisition, including the completion or the anticipated benefits thereof, the receipt of acceptance and consent from the TSXV and the CSE, the prospects of the mineral claims forming the Copperline Property, which is not at an advanced stage of development, the Company's anticipated business and operational activities, and the Company's plans with respect to the exploration of the Company's flagship Star Project, the Indata Project or the Copperline Property. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law. SOURCE: Star Copper Corp. press release
