Interra Copper Further Details Its Exploration Program at the Tres Marias Copper Project in Chile

Interra Copper Corp. (CSE: IMCX) (OTCQB: IMIMF) (FSE: 3MX) ("Interra" or the "Company") is pleased to provide further detail on the first phase of its planned exploration program at the Company's Tres Marias Copper Project (the "Project" or "Tres Marias") in the Antofagasta region of Chile. On April 10th, 2023, the Company first announced its 2023 exploration program consisting of a planned 10,500 m of Reverse-Circulation ("RC") drilling to test several high priority geological and geophysical anomalies located on the 16,250 ha Project.

Planning of the Phase 1 drill holes in the Western Central and Eastern target areas is based on the review of all geophysical surveys and interpretations, as well as the interpreted structures (i.e., faults), which were interpreted mainly from the MVI MAG sections (Figure 1).

Figure 1. General view of the Tres Marias Project (blue boundary) showing the three target areas, planned drill hole collar locations, 3D-IP/GSDAS survey lines (green), and the UAV MAG survey lines (purple).

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Target Areas

Three target areas (Eastern, Central, and Western targets) were identified using a series of geophysical surveys, which included the reprocessing of 110 km² of ZTEM airborne survey completed by Freeport-McMoRan Inc. ("Freeport") in 2013. The results of this geophysical reprocessing and 3D-inversion were processed using Machine Learning algorithms, with the new results supporting magnetic and resistivity anomalies in the three target areas.

As follow-up work, detailed magnetic surveys (UAV MAG) on E-W flight lines were completed over the three target areas: East Target (36 lines, each 6 km long, 100 m spacing, totalling 216 line-km); Central Target (21 lines, each 6 km long, 150 m spacing, totalling 126 line-km; and West Target (21 lines, each 8 km long, totalling 168 line-km) (Figure 1).

Results of the UAV MAG inversion supported the ZTEM magnetic anomalies located in the three target areas and based on these results, six 3D-Induced Polarization (3D-IP GSDAS) profiles were completed: East Target (2 lines, each 4.95 km long, totalling 9.9 line-km); Central Target (1 line, 6 km long, totalling 6 km); and West Target (3 lines, totalling 13.05 line-km) (Figure 1). The results of the 3D-IP geophysical survey outlined encouraging chargeability and resistivity results in all three target areas.

Historical Exploration Results

Historical exploration results from the Eastern Target area, which include surface rock samples and drill holes completed by Freeport (Figure 2), outline anomalies indicative of porphyry copper deposit ("PCD") mineralization. Intersections from the Freeport drill holes are interpreted as representing the upper part of a hydrothermally altered system containing Zn-Ag-Pb-Cu polymetallic mineralization which correspond to the periphery of a possible PCD system. Notable historical diamond (TMD) and RC (TMRC) drill hole intercepts include TMD-15-02: 2.40 m @ 3.1% Cu and 19 ppm Ag (Manto-style mineralization); TMD-15-05: 386.50 m @ 1,162 ppm Zn and 363 ppm Pb; TMRC-18-01: 4.00 m @ 4.5% Cu and 121.5 ppm Ag (Manto-style mineralization); TMRC-18-02: 476.00 m @ 662 ppm Zn and 355 ppm Pb, including 34 m (238-272 m) @ 0.31% Zn and 0.26% Pb. More information can be found from the Company's Technical Report entitled, "Independent NI 43-101 Technical Report on the Tres Marías Copper Project," effective February 28, 2023, and can be found on the Company's website HERE.

This drill hole evidence, combined with geophysical and geological interpretations, suggest a distal base metal front associated with a potential PCD system to the west-southwest of historical Freeport drilling, with structures such as the Guacate East and Guacate West faults allowing for the transfer of mineralizing fluids from a deeper intrusive target and into the sedimentary Quehuita Formation. Additionally, on the surface and west of the alteration zone (close to historical drill hole TMD-15-01), Type-D veinlets and traces of green copper oxide are observed, supporting a deeper exploration target to the west.

Phase 1 Exploration Program

The Phase 1 exploration program, comprising 3 RC drill holes, will focus on the Eastern Target area of the Project, immediately to the west of a previously identified alteration zone and in the area where Freeport completed diamond (core) and RC drilling (Figure 2).

Figure 2. Plan view of the Eastern Target area with locations of planned first three priority RC drill hole collars relative to the two Guacate Faults (east and west) and the previously identified alteration zone (yellow oval).

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Figures 3 through 5 show the three planned drill holes (23R-001, 23R-002, and 23R-003) overlain on geophysical plan (Residual TMI) and cross-sections (ZTEM Resistivity, MVI (Magnetic Vector Inversion), UAV MAG SOM (Self Organizing Map), and 3D-IP Chargeability and Resistivity).

The objective of 23R-001 (Figure 3) is to test a TMI magnetic low associated with a zone of high magnetization, coinciding with a strong chargeability anomaly. North-south trending faults are reflected in the 3D-IP data and another well-delineated E-W fault reflected by the magnetic data.

Figure 3. Tres Marías Project - Profile 7 510 500 mN with planned drill hole 23R-001.

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The objective of 23R-002 (Figure 4) is to test a chargeability high and moderate resistivity anomaly associated with the Guacate Fault (suggests fault dipping east). The anomalous geophysical response at the edge could reflect phyllic alteration which is commonly associated with porphyry copper deposits.

Figure 4. Tres Marías Project - Profile 7 510 000 mN with planned drill hole 23R-002.

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https://images.newsfilecorp.com/files/7923/164817_622e594324767a91_005full.jpg

The objective of 23R-003 (Figure 5) is to test a moderate ZTEM resistivity anomaly with weak to moderate magnetism, associated with what is likely structurally-controlled mineralization along the N-S Guacate Fault.

Figure 5. Tres Marías Project - Profile 7 511 000 mN with planned drill hole 23R-003.

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https://images.newsfilecorp.com/files/7923/164817_622e594324767a91_006full.jpg

Technical Disclosure/Qualified Person

The scientific and technical information in this press release has been reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo., PhD, PMP), Principal Geoscientist and Managing Director at Caracle Creek Chile SpA, and an independent consultant and Qualified Person as defined in National Instrument 43-101.

About Interra Copper Corp.

Interra Copper Corp. is focused on building shareholder value through the exploration and development of its portfolio of highly prospective/early-stage exploration copper assets located in Chile and Northern British Columbia.

The Company's portfolio includes three copper projects located the Central Volcanic Zone, within a prolific Chilean Copper belt: Tres Marias and Zenaida in Antofagasta Region, and Pitbull in Tarapaca Region. The Company now holds a significant land package covering an area of 19,250 hectares with the projects situated amongst several of the world's largest mines owned by the largest global mining companies, including Glencore, Anglo American, Teck Resources and BHP among others. The Company also owns two exploration projects in Northern British Columbia: Thane and Chuck Creek. The Thane Project is located in the Quesnel Terrane of Northern BC and spans over 20,658 ha with 6 high-priority targets identified demonstrating significant copper and precious metal mineralization.

Interra Copper's leadership team is comprised of senior mining industry executives who have a wealth of technical and capital markets experience and a strong track record of discovering, financing, developing, and operating mining projects on a global scale. Interra Copper is committed to sustainable and responsible business activities in line with industry best practices, supportive of all stakeholders, including the local communities in which we operate. The Company's common shares are principally listed on the Canadian Stock Exchange under the symbol "IMCX". For more information on Interra Copper, please visit our website at www.interracoppercorp.com.

On behalf of the Board and Interra Copper Corp.

Chris Buncic
President & CEO, Director

For further information

Katherine Pryde
Investor Relations Contact
investors@interracoppercorp.com

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Forward-Looking Information

Forward-Looking Statements: This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to exploration on the Company's Tres Marias Copper Project, and the potential results of exploration work on the project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available on SEDAR at www.sedar.com and the Company's website. We seek safe harbor.

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Interra Copper Announces Securities for Debt Settlement

Interra Copper Corp. (CSE: IMCX) (FSE: 3MX) ("Interra" or the "Company") announces that it has entered into a securities for debt settlement agreement dated January 15, 2024 (the "Agreement") with a professional advisor of the Company.

Pursuant to the Agreement, the Company has agreed to settle debt in the amount of $34,723.05 through the issuance of 138,892 units (each, a "Unit") at a deemed price of $0.25 per Unit, whereby each Unit shall be comprised of one (1) common share in the capital of the Company (each a "Share") and one half (1/2) of one (1) Share purchase warrant (each whole, being a "Warrant"). Each Warrant will be convertible into an additional Share (a "Warrant Share") at an exercise price of $0.35 per Warrant Share and will expire on the date that is three (3) years following the date of issuance (the "Expiry Date"). The Expiry Date shall be subject to acceleration where the volume-weighted average trading price of the Company's common shares on the Canadian Securities Exchange is equal to or greater than $0.45 for a continuous 30-day period at any time after that date which is 4 months following their date of issue in which case the Expiry Date of the Warrants shall automatically accelerate and the Warrants will expire on that date which is 30 days after the date on which notice of such acceleration event is provided to the holder.

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Interra Copper Announces Distribution of Securities for Debt Settlement

Interra Copper Corp. (CSE: IMCX) (FSE: 3MX) ("Interra" or the "Company") announces that, further to its news release of December 19, 2023, the Company has distributed an aggregate of 282,148 units (each, a "Unit") at a deemed price of $0.25 per Unit in connection with a securities for debt settlement agreement dated December 18, 2023 (the "Agreement") with a consultant of the Company, pursuant to which the Company has agreed to settle debt in the amount of $70,537.00.

Each Unit is comprised of one (1) common share in the capital of the Company (each a "Share") and one half (1/2) of one (1) Share purchase warrant (each whole, being a "Warrant"). Each Warrant is convertible into an additional Share (a "Warrant Share") at an exercise price of $0.35 per Warrant Share and will expire on the date that is three (3) years following the date of issuance (the "Expiry Date"). The Expiry Date is subject to acceleration where the volume-weighted average trading price of the Company's common shares on the CSE is equal to or greater than $0.45 for a continuous 30-day period at any time after that date which is four (4) months following the date of issuance, in which case the Expiry Date of the Warrants shall automatically accelerate and the Warrants will expire on that date which is 30 days after the date on which notice of such acceleration event is provided to the holder.

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Interra Copper Closes Final Round of Flow-Through Private Placement Financing

Interra Copper Corp. (CSE: IMCX) (FSE: 3MX) ("Interra" or the "Company") announces that, further to its news releases of December 7th, 15th, and 19th, 2023, it has closed the final round of its flow-through private placement financing issuing an aggregate of 880,000 flow-through shares of the Company (the "FT Shares", and each, an "FT Share") at a price of $0.29 per FT Share for aggregate gross proceeds of $255,200 (the "Final Round"). This Final Round was part of a larger offering, of which the first round closed December 15, 2023, at which time an aggregate of 3,041,397 flow-through shares of the Company were issued generating proceeds of $882,005 (the "First Round"). Together, the First Round and Final Round issuances have raised an aggregate of $1,137,205 in gross proceeds (the "Proceeds").

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Interra Copper Announces Additional Flow-Through Share Issuances and Securities for Debt Settlement

Interra Copper Corp. (CSE: IMCX) (FSE: 3MX) ("Interra" or the "Company") announces that, further to its news releases of December 7, 2023, and December 15, 2023, and due to additional demand for flow-through shares of the Company (each, an "FT Share"), the Company intends to issue a further 880,000 FT Shares at a price of $0.29 per FT Share on a non-brokered private placement basis for aggregate gross proceeds of $255,200 (the "Private Placement").

There are no warrants associated with the FT Shares and, subject to the receipt of all necessary regulatory and other approvals, the Company anticipates closing the Private Placement prior to yearend.

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AWALÉ ANNOUNCES C$10 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation (the "Units") at a price of C$0.62 per Unit (the "Offering Price") for gross proceeds of C$10,000,600 (the "Underwritten Offering").

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Vizsla Copper Completes Acquisition of Universal Copper

Vizsla Copper Corp. (TSXV: VCU) (" Vizsla Copper ") and Universal Copper Ltd. (TSXV: UNV) (" Universal Copper ") are pleased to announce the completion of the plan of arrangement under the Business Corporations Act ( British Columbia ) (the " Arrangement "), as previously disclosed on February 14, 2024 . Pursuant to the terms of the Arrangement, among other things, (i) Vizsla Copper acquired 100% of the issued and outstanding common shares in the capital of Universal Copper (the " UNV Shares ") in exchange for the issuance of 0.23 common shares in the capital of Vizsla Copper (each whole common share, a " Vizsla Copper Share ") to shareholders of Universal Copper (" Shareholders ") in exchange for each UNV Share (the " Exchange Ratio "), (ii) Universal Copper's outstanding stock options (" Options ") were exchanged for options of Vizsla Copper, and (iii) Universal Copper's outstanding warrants became exercisable to acquire Vizsla Copper Shares, in amounts and at exercise prices adjusted in accordance with the Exchange Ratio.

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FPX Nickel Announces Expansion to Generative Alliance with JOGMEC

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce an expansion of the Company's Global Generative Alliance (the " Generative Alliance ") program with Japan Organization for Metals and Energy Security (" JOGMEC "). Building on Year One progress and positive momentum achieved to-date, FPX and JOGMEC have agreed to an expanded Year Two budget. The program will remain focused on the global identification and acquisition of high-quality awaruite nickel properties similar in geological character to the Company's flagship Baptiste Nickel Project (" Baptiste ") in central British Columbia.

Highlights

Global Generative Alliance budget increased from initially planned $650,000 to $1,500,000 for Year Two
Through ongoing evaluations in five international and three Canadian jurisdictions, the Generative Alliance program remains on track to define Designated Projects to be joint ventured by FPX and JOGMEC starting in Year Two
The Generative Alliance program has staked approximately 120 km ² of prospective ground in British Columbia

"We are pleased with our progress during Year One of our Generative Alliance with JOGMEC and look forward to increasing momentum through a significantly expanded Year Two budget," commented Andrew Osterloh , FPX's Senior Vice-President of Projects and Operations. "Our shared vision of realizing new globally significant awaruite nickel deposits remains resolute, and with ongoing evaluations in multiple Canadian and International jurisdictions, we are on track to achieve our shared objective of defining Designated Projects starting in Year Two."

A JOGMEC representative commented: "JOGMEC has decided to increase funding for Year Two activities with a view to identifying significant new awaruite deposits, which could be a globally significant, low-carbon, source of nickel for the electric vehicle battery supply chain toward the realization of a carbon-neutral society."

In April 2023 , FPX and JOGMEC initiated a Generative Alliance to carry out mineral exploration activities for the identification and acquisition of high-quality awaruite nickel targets on a worldwide basis. Under the terms of the agreement, JOGMEC funded 100% of the $650,000 budget in Year One (covering the year ended March 31, 2024 ) and will fund 100% of the first $650,000 budgeted for Year Two (for the year ended March 31, 2025 ).

Building on Year One progress and the positive results of work completed to-date, FPX and JOGMEC have agreed to expand the Year Two budget to a total of $1,500,000 . Under the terms of the agreement for Year Two, after JOGMEC has funded a cumulative total of $1,300,000 , the parties will fund ensuing exploration activities on pro-rata basis (FPX 40% and JOGMEC 60%).

Subject to agreement between FPX and JOGMEC, one or more specific targets identified by the Generative Alliance may be advanced to a second phase to be further developed as a separate designated project (" Designated Project "). Each Designated Project will have its own work program and budget with the objective, of testing and further developing the identified targets. For each Designated Project, JOGMEC and FPX will respectively fund 60% and 40% for approved work programs.

During Year One of the Generative Alliance, FPX's exploration team conducted evaluations and/or sampling programs in five international and three Canadian jurisdictions. With multiple evaluations ongoing, and further prospective opportunities identified, the program is on track to identify Designated Projects in its second year.

Representing the first ground staked under the Generative Alliance, the Company is pleased to announce the acquisition of approximately 120 km ² of new mineral claims in British Columbia. This staking was based on historic sampling by FPX coupled with updated geological interpretation based on FPX's learnings at Baptiste.

The Company is currently strategizing on additional mineral tenure acquisitions within British Columbia , elsewhere in Canada , and in multiple international jurisdictions across multiple continents; one or more of such land packages may ultimately be selected as a Designated Project under the terms of the Generative Alliance. As and when Designated Projects are confirmed, FPX will provide additional disclosure regarding the location and planned work programs for such Projects.

Keith Patterson , P.Geo., FPX's Vice President, Generative Exploration, FPX's Qualified Person under NI 43-101, has reviewed and approved the scientific and technical content of this news release.

About the Decar Nickel District

The Company's Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni ₃ Fe) hosted in an ultramafic/ophiolite complex. The Baptiste mineral claims cover an area of 245 km ² west of Middle River and north of Trembleur Lake, in central British Columbia. In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit. Since 2010, approximately US $30 million has been spent on the exploration and development of Baptiste.

The Baptiste Deposit is located within the Baptiste Creek watershed, on the traditional and unceded territories of the Tl'azt'en Nation and Binche Whut'en, and within several Tl'azt'enne and Binche Whut'enne keyohs. FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/ .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

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Northern Dynasty: USACE Updates the Pebble Permitting Process in Light of the EPA Veto

Northern Dynasty Minerals Ltd. (TSX:NDM);(NYSE American:NAK) ("Northern Dynasty" or the "Company") and 100%-owned U.S.- based subsidiary Pebble Limited Partnership ("Pebble Partnership" or "PLP") have been advised by the US Army Corps of Engineers ("USACE") that, after months of successive delays, the USACE has declined to engage in the remand process related to the November 25, 2020 denial of a permit application for the Pebble Project, citing the U.S. Environmental Protection Agency's ("EPA") intervening veto of the development at Pebble

After the November 25, 2020, denial of the permit application for the Pebble Project, a separate division of the USACE remanded the denial decision back to the USACE Alaska District on April 25, 2023, after an administrative review found numerous errors with the denial decision. Today, after several requests for extensions, the USACE has announced that it has declined to engage in the remand process altogether. The USACE reasoning is due to the EPA veto, which effectively prevents them from altering their decision while that veto is in place. On March 15, 2024, we announced we were filing an appeal of the EPA veto in Federal District Court in Alaska, and the State of Alaska filed its action against the veto on April 11, 2024.

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Interra Copper Further Details Its Exploration Program at the Tres Marias Copper Project in Chile

Interra Copper Investor Kit

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Overview

Company Highlights

Key Projects

Canada

Thane Project

Chuck Creek Project

Chile

Tres Marias Copper Project

Pitbull Copper Project

Zenaida Copper Project

Management Team

Chris Buncic - Director, President and CEO

Jason Nickel - Director and COO

Rick Gittleman - Director

Oliver Foeste - Chief Financial Officer

Dr. Thomas Hawkins - VP of Exploration

Oscar Oviedo - Country Manager, Chile

David McAdam - Director

Scott Young - Director

Advisors to the Board

Mike Ciricillo - Special Advisor

Dr. Mark Cruise - Special Advisor

Rich Leveille - Special Advisor

David Garofalo - Special Advisor

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