VIZSLA COPPER EXTENDS DEERHORN AND TAKOM DEPOSITS AND INTERSECTS STRONGEST COPPER MINERALIZATION TO DATE AT THE MEGATON ZONE

VIZSLA COPPER EXTENDS DEERHORN AND TAKOM DEPOSITS AND INTERSECTS STRONGEST COPPER MINERALIZATION TO DATE AT THE MEGATON ZONE

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) ( FRANKFURT : 97E0) (" Vizsla Copper " or the " Company ") is pleased to report additional assay results from its summer core drilling program at the Woodjam copper-gold project (the " Woodjam Project " or " Woodjam ") in central BC (Figure 1).  Highlights include significant extensions to the Deerhorn and Takom deposits and the strongest copper mineralization to date at the Megaton zone.

HIGHLIGHTS

Mineralization Extended at the Deerhorn and Takom Deposits.

  • Drill hole DH23-107 (Deerhorn):
    • Intersected 37.5m averaging 0.64% CuEq (0.12% Cu, 0.78 g/t Au)
    • includes a higher-grade sub-interval of 22.5m averaging 0.84% CuEq (0.13% Cu, 1.07 g/t Au)
  • Drill hole DH23-104 (Deerhorn):
    • Intersected 90.7m averaging 0.36% CuEq (0.10% Cu, 0.38 g/t Au)
  • Drill hole TK23-111 (Takom):
    • Intersected 20.0m averaging 0.69% CuEq (0.50% Cu, 0.27 g/t Au)
    • Intersected a second zone of 97.60m averaging 0.20% CuEq (0.15% Cu, 0.08 g/t Au)

Megaton Drilling

  • Drill hole MT23-116 (Megaton):
    • Intersected 110.1m averaging 0.26% copper equivalent (CuEq) (0.20% Cu, 0.01 g/t Au)

Note: Copper equivalent values are based on metal prices of $4.00/lb Cu, $1,800/oz Au, $22/oz Ag and $15/lb Mo.

" I'm very pleased with the results of our first drilling program at Woodjam, " commented Craig Parry , Executive Chairman.  " Our strategy of acquiring under-appreciated assets in top-tier jurisdictions and adding value through aggressive exploration is progressing nicely. We will continue to pursue this strategy with more exploration at Woodjam and our other highly prospective projects. "

"Thanks to our field crews, led by Senior Geologist Ian Borg and Project Geologist Colin Bateman, the summer drilling program at Woodjam has been a resounding success," commented Steve Blower , Vice President of Exploration .  "We safely and effectively explored several different target areas.  Mineralization at the Deerhorn and Takom deposits was expanded and gaps in the drilling at the large Southeast deposit were successfully filled.  However, I'm most excited about the result at the Megaton zone, where drill hole MT23-116 intersected the strongest mineralization there to date and has established a clear vector for further exploration.  There are strong indications that Megaton is another porphyry center at Woodjam."

DEERHORN

Drill holes DH23-104 and DH23-107 were completed to evaluate down-dip and up-dip extensions, respectively, on the southernmost section of historical drilling at the Deerhorn Zone.  Historical drill hole DH12-37 had previously intersected a long interval of copper and gold mineralization ( 100.0 m @ 0.97 g/t Au and 0.13 % Cu from 211.0 m ) on this section.  Drill holes DH23-104 and DH23-107 extended the mineralization in both the down-dip and up-dip directions (Table 1 and Figures 2 and 3) and demonstrate that the system is robust at the south end of the zone and remains open for expansion in this direction.  Drill hole DH23-109 was completed as a 100m step-out further south and while it did not intersect significant copper or gold mineralization, the drill hole was strongly altered and is interpreted to have intersected an altered envelope around the plunging zone of mineralization.  More drilling is required at the south end of Deerhorn.

TAKOM

Drilling at the Takom deposit successfully extended mineralization on the east side of the deposit with drill hole TK23-111 (Table 1 and Figures 2 and 4).  TK23-111 intersected 20m averaging 0.69% CuEq and a second interval of 97.60 m averaging 0.20% CuEq.

MEGATON

Wide spaced, historical drilling at the Megaton zone, located approximately 2km northeast of the large Southeast Deposit has commonly intersected long intervals of low-grade copper mineralization over a large area.  The geology at Megaton is similar to that at the Southeast zone, with mineralization hosted by several phases of altered monzonite, including potassium feldspar porphyry, along the northern edge of the Takomkane batholith.  New Direct Current Induced Polarization (DCIP) geophysical survey data collected earlier this year indicated greater concentrations of sulphide mineralization may be present north of previous drilling.  Drill hole MT23-116, collared 150m north of historical drill hole MT21-07 intersected the strongest mineralization to date at Megaton, 110.1m averaging 0.26% Cueq (Figures 5 and 6).  Drill hole MT23-118, completed 180m northeast of MT23-116 intersected 63.3m averaging 0.18% Cueq.  Much of the large DCIP anomaly remains undrilled to the north of drill holes MT23-116 and MT23-118, where interpreted structures extend from the Southeast deposit.

Table 1 – Woodjam 2023 Drilling Highlights

Hole-ID

Area

Cutoff

Significant Intersections 2,3

From

(m)

To

(m)

Length

(m)

Cu

(%)

Mo

(%)

Au

(g/t)

Ag

(g/t)

Cueq

(%)

SE23-101 1

SE

0.2% Cu

177.0

308.5

131.5

0.49

0.012

0.07

1.43

0.60

includes


0.5% Cu

185.0

245.0

60.0

0.64

0.011

0.10

1.75

0.76

and


0.2% Cu

398.0

448.0

50.0

0.29

0.046

0.04

1.99

0.50

and


0.2% Cu

487.0

497.0

10.0

0.79

0.215

0.37

10.25

1.92

SE23-102 1

SE

0.2% Cu

136.9

430.1

293.2

0.54

0.005

0.05

1.84

0.61

includes


0.5% Cu

157.0

223.1

66.1

0.81

0.005

0.08

1.89

0.90

and includes


0.5% Cu

260.0

327.1

67.1

0.54

0.005

0.05

1.43

0.60

and


0.2% Cu

442.0

481.1

39.1

0.34

0.013

0.03

1.50

0.42

DH23-104

Deerhorn

0.2 g/t Au

308.3

399.0

90.7

0.10

0.001

0.38

0.86

0.36

DH23-107

Deerhorn

0.2 g/t Au

256.0

293.5

37.5

0.12

0.001

0.78

0.57

0.64

includes


0.5 g/t Au

265.0

287.5

22.5

0.13

0.001

1.07

0.63

0.84

and


0.2 g/t Au

356.0

414.0

58.0

0.07

0.001

0.44

0.54

0.37

includes


0.5 g/t Au

386.0

407.0

21.0

0.09

0.001

0.69

0.59

0.55

SE23-110

SE

0.1 % Cu

214.5

252.0

37.5

0.19

0.001

0.02

0.71

0.21

includes


0.2 % Cu

222.0

235.7

13.7

0.24

0.002

0.02

0.92

0.28

and


0.1 % Cu

276.0

296.0

20.0

0.18

0.003

0.02

0.56

0.21

TK23-111

Takom

0.1% Cu

133.0

153.0

20.0

0.50

0.001

0.27

2.38

0.69

and


0.1 % Cu

164.4

262.0

97.6

0.15

0.000

0.08

0.46

0.20

MT23-116

Megaton

0.1 % Cu

48.0

72.0

24.0

0.18

0.002

0.01

1.20

0.20

and


0.1 % Cu

123.0

155.0

32.0

0.14

0.003

0.00

1.11

0.17

and


0.1 % Cu

197.0

307.1

110.1

0.20

0.011

0.01

1.38

0.26

includes


0.2 % Cu

206.0

228.0

22.0

0.32

0.017

0.01

1.00

0.40

includes


0.2 % Cu

285.1

297.1

12.0

0.40

0.039

0.03

7.66

0.63

MT23-118

Megaton

0.1 % Cu

136.0

151.0

15.0

0.14

0.002

0.01

0.68

0.16

and


0.1 % Cu

271.1

334.4

63.3

0.15

0.006

0.01

0.99

0.18

and


0.1 % Cu

416.2

430.2

14.0

0.13

0.017

0.01

1.03

0.21












Notes:




1.

Previously disclosed and included here for completeness.


2.

Composite intervals are calculated above noted cutoffs and may include a maximum of 10m of internal waste.


3.

Copper equivalent values are based on metal prices of $4.00/lb Cu, $1,800/oz Au, $22/oz Ag and $15/lb Mo.

The drill program is now complete.  A total of 7,599m was drilled in 18 drill holes. Assay results have now been received for all of the drill holes.

Figure 1 – Woodjam Property Map

Figure 1 – Woodjam Property Map (CNW Group/Vizsla Copper Corp.)

Figure 2 – Drilling Target Area Locations

Figure 2 – Drilling Target Area Locations (CNW Group/Vizsla Copper Corp.)

Figure 3 – Deerhorn Drill Holes DH23-104 and 107 Cross Section

Figure 3 – Deerhorn Drill Holes DH23-104 and 107 Cross Section (CNW Group/Vizsla Copper Corp.)

Figure 4 – Takom Drill Hole TK23-111 Cross Section

Figure 4 – Takom Drill Hole TK23-111 Cross Section (CNW Group/Vizsla Copper Corp.)

Figure 5 – Megaton Area Drilling Plan

Figure 5 – Megaton Area Drilling Plan (CNW Group/Vizsla Copper Corp.)

Figure 6 – Megaton Drill Hole MT23-116 Cross Section

Figure 6 – Megaton Drill Hole MT23-116 Cross Section (CNW Group/Vizsla Copper Corp.)

Table 2 – 2023 Drill Hole Details

Hole-ID

Length (m)

Azm

Dip

Northing

Easting

Elevation

SE23-100

603

170

-75

5788697

613288

960

SE23-101

506

315

-80

5788288

613082

981

SE23-102

509

310

-75

5788210

612934

991

WJ23-103

452

345

-60

5789223

612130

1095

DH23-104

429

220

-65

5791793

611532

924

WJ23-105

111

345

-60

5789399

612193

1083

WJ23-106

452

20

-60

5789400

612194

1083

DH23-107

414

220

-55

5791797

611525

924

SE23-108

360

130

-65

5787532

612714

1024

DH23-109

439

220

-65

5791751

611608

924

SE23-110

411

130

-65

5787668

612555

1013

TK23-111

359

310

-55

5788486

610928

992

DH23-112

251

215

-65

5792258

611256

916

TK23-113

302

310

-55

5788499

610318

953

DH23-114

221

210

-60

5792079

611074

918

ME23-115

419

320

-55

5791352

611156

925

MT23-116

476

310

-70

5789461

614872

958

ME23-117

434

310

-80

5791096

611126

942

MT23-118

452

330

-70

5789576

615006

965

Note:  Coordinates are North American Datum 1983, Universal Transverse Mercator Zone 10 North (NAD83 z 10N)

Sampling, Chain of Custody, Quality Assurance and Quality Control

All sampling was conducted under the supervision of Vizsla's geologists and the chain of custody from the sampling facility in Horsefly to the sample preparation facility, ALS Laboratories in Kamloops, BC , was continuously monitored.

Core samples were taken as ½ core, from a minimum of 0.3 m to a maximum of 2 m core length to account for lithological or alteration boundaries. Samples were then crushed, pulverised and sample pulps were analysed using industry standard analytical methods including a 4-Acid, ICP-MS multielement package (ALS code ME-MS61) and an ICP-AES method for high-grade copper samples (ALS code ME-OG62). Gold was analysed using a 30 g aliquot by fire assay with an ICP-AES finish (ALS code Au-ICP21).

Certified reference material was inserted every 10 th sample. Coarse blank was inserted every 20 th sample. For approximately 2.5% of core samples, the remaining ½ core was taken as a field duplicate. For 2.5% of core samples a preparation duplicate is taken after coarse crushing is complete at the laboratory.

In addition to Vizsla's QA/QC program, additional blanks, reference materials and duplicates were inserted by ALS according to their internal procedures. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

Repricing of Warrants

The Company intends to reprice and extend the expiry date of a total of 3,072,061 share purchase warrants exercisable at $0.65 per common share expiring on April 14, 2024 (the " Warrants "). The Warrants were issued pursuant to a private placement which closed on April 14, 2022 . The Company proposes to reprice the Warrants to $0.35 per share and extend the expiry date by an additional year to April 14, 2025 .

All other terms and conditions of the Warrants remain unchanged. The extension of the Warrants is subject to acceptance by the TSX Venture Exchange.

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada . The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia . It has four additional copper exploration properties; Copperview, Redgold, Blueberry and Carruthers Pass , all well situated amongst significant infrastructure in British Columbia . The Company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions.  Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spin-out of Vizsla Silver Corp. (TSX.V: VZLA) (NYSE: VZLA) and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR ( www.sedarplus.ca ) and the Company's website ( www.vizslacopper.com ).

Qualified Person

The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Ian Borg , P.Geo., Senior Geologist for Vizsla Copper. Mr. Borg is a Qualified Person as defined under the terms of National Instrument 43-101.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: the exploration and development of the Company's projects, including Woodjam; the release of exploration results; and the Company's growth and business strategies.

Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold, and other metals; no escalation in the severity of public health crises; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company's mining activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; the ongoing military conflict in Ukraine ; general economic facts; and the factors identified under the caption "Risk Factors" in the Company's management discussion and analysis and other public disclosure documents.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.  The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

Vizsla Copper Corp. Logo (CNW Group/Vizsla Copper Corp.)

SOURCE Vizsla Copper Corp.

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

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

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/Not for distribution to U.S. news wire services or for dissemination in the United States /

Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (" Vizsla Copper " or the " Company ") is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced "best efforts" private placement (the " Offering ") to C$3,800,000 . The Offering has been revised to allow for the sale of any combination units of the Company (the " Units ") at a price of C$0.11 per Unit and flow-through units of the Company (the " FT Units ", and together with the Units, the " Offered Units ") at a price of C$0.12 per FT Unit. Red Cloud Securities Inc. (the " Lead Agent ") is acting as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the " Agents ").

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

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Doré Copper Mining Corp. (" Doré Copper ") (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) today announced that it has filed and is in the process of mailing the management information circular (the " Circular ") and related materials for the special meeting (the " Meeting ") of shareholders of Doré Copper (" Doré Copper Shareholders ") to be held December 16, 2024. At the Meeting, Doré Copper Shareholders will be asked to consider and vote on a special resolution (the " Arrangement Resolution ") approving a statutory plan of arrangement (the " Plan of Arrangement ") pursuant to Section 192 of the Canada Business Corporations Act (the " Arrangement "), subject to the terms and conditions of an arrangement agreement dated October 14, 2024 (the " Arrangement Agreement ") entered into among Doré Copper, Cygnus Metals Limited (" Cygnus ") and 1505901 B.C. Ltd., a wholly owned subsidiary of Cygnus, all as more particularly described in the Circular.

The board of directors of Doré Copper (the " Doré Copper Board ") and the special committee of independent directors established by the Doré Copper Board (the " Special Committee ") have unanimously determined that the Arrangement is in the best interests of Doré Copper and that the Arrangement is fair to the Doré Copper Shareholders. The Special Committee and the Doré Copper Board reviewed and considered a significant amount of information and considered a number of factors relating to the Arrangement, with the benefit of advice from Doré Copper's management, and the financial and legal advisors of the Special Committee and the Doré Copper Board. The Special Committee unanimously recommended that the Doré Copper Board recommend to Doré Copper Shareholders that they vote FOR the Arrangement Resolution. The Doré Copper   Board unanimously recommends that Doré Copper   Shareholders vote   FOR   the Arrangement Resolution. See pages 33 to 36 of the Circular for a detailed description of the " Reasons for the Arrangement ".

In accordance with the interim order granted by the Ontario Superior Court of Justice (Commercial List) on November 12, 2024, providing for the calling and holding of the Meeting and other procedural matters relating to the Arrangement, the Arrangement can only proceed if, among other conditions, it receives the approval of not less than two-thirds (66⅔%) of the votes cast on the Arrangement Resolution by Doré Copper Shareholders in person or by proxy at the Meeting and not less than a majority (50% + 1) of the votes cast on the Arrangement Resolution by Doré Copper Shareholders in person or by proxy at the Meeting excluding the votes cast by certain interested or related parties or joint actors of Doré Copper in accordance with the minority approval requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions .

Under the Arrangement Agreement, the parties have agreed to effect the Arrangement, pursuant to which Cygnus will indirectly acquire all of the issued and outstanding common shares in the capital of Doré Copper (" Doré Copper Shares "), and Doré Copper Shareholders will be entitled to receive, for each Doré Copper Share held immediately prior to the effective time of the Arrangement (the " Effective Time "), 1.8297 fully paid ordinary shares (the " Consideration ") in the capital of Cygnus (each one whole share, a " Cygnus Share ").

As a result of, and immediately following the completion of, the Arrangement, Doré Copper will be an indirect wholly-owned subsidiary of Cygnus and the former Doré Copper Shareholders will be entitled to receive the Consideration for each Doré Copper Share previously held by them immediately prior to the Effective Time (subject to rounding, as provided for in the Plan of Arrangement).

Cygnus has applied for its Cygnus Shares to be listed on the TSX Venture Exchange (the " TSXV "). It is a condition of closing that Cygnus shall have received conditional listing approval from the TSXV to list the Cygnus Shares on the TSXV. Listing of the Cygnus Shares on the TSXV will be subject to Cygnus receiving approval from, and fulfilling all of the minimum listing requirements of, the TSXV.

Meeting and Circular

The Meeting of the Doré Copper Shareholders will be held at the offices of Bennett Jones LLP located at One First Canadian Place, 100 King Street West, Suite 3400, Toronto, Ontario, M5X 1A4 on December 16, 2024 at 12:00 p.m. (Toronto time). Doré Copper Shareholders of record as of the close of business on November 13, 2024 are entitled to receive notice of and to vote at the Meeting. Doré Copper Shareholders are urged to vote before the proxy deadline of 12:00 p.m. (Toronto time) on December 12, 2024.

The Circular provides important information on the Arrangement and related matters, including the background of the Arrangement, the rationale for the recommendations made by the Special Committee and the Doré Copper Board, and voting procedures. Doré Copper Shareholders are urged to read the Circular and its appendices carefully and in their entirety. The Circular is being mailed to Doré Copper Shareholders in compliance with applicable Canadian securities laws. The Circular is available under Doré Copper's profile on SEDAR+ at www.sedarplus.ca and on Doré Copper's website at www.dorecopper.com .

Impact of Canada Post Labour Strike

Due to the ongoing Canada Post labour strike, it is possible that Doré Copper Shareholders may experience a delay in receiving the Circular and related materials in respect of the Meeting. Doré Copper Shareholders are encouraged to access the Circular and related materials electronically as noted above. Registered holders of Doré Copper Shares experiencing a delay in receiving the Circular and related materials may contact Computershare Investor Services Inc. at 1-800-564-6253 to obtain their individual control numbers in order to vote their Doré Copper Shares. Registered holders of Doré Copper Shares are encouraged to vote their Doré Copper Shares via the internet at www.investorvote.com or via telephone at 1-866-732-VOTE (8683). Registered holders of Doré Copper Shares are also encouraged to complete and return letters of transmittal by hand or by courier to ensure the appropriate documents are received in a timely manner. Beneficial holders of Doré Copper Shares experiencing a delay in receiving the Circular and related materials should contact their broker or other intermediary for assistance in obtaining their individual control numbers in order to vote their Doré Copper Shares. Beneficial holders of Doré Copper Shares are encouraged to vote their Doré Copper Shares via the internet at www.proxyvote.com or via telephone at 1-800-474-7493 (English) or 1-800-474-7501 (French). It is recommended that any physical forms of proxy or voting instruction forms be delivered via courier to ensure that they are received in a timely manner.

Registered holders of Doré Copper Shares who wish to exercise their dissent rights in connection with the Arrangement are also cautioned to deliver their written objection to Doré Copper by mail using a method other than Canada Post or by facsimile transmission in accordance with the instructions set forth in the Circular to ensure that they are received in a timely manner.

Other Matters

Agreement with SOQUEM

Further to its news release dated July 3, 2024, on July 2, 2024, Doré Copper issued 1,190,476 Doré Copper Shares to SOQUEM at a deemed price of $0.105 per Doré Copper Share in connection with its acquisition of a 56.41% interest in a group of contiguous claims located immediately north and east of its flagship high-grade Corner Bay copper project in the Chibougamau mining camp.

About Doré Copper Mining Corp.

Doré Copper Mining Corp. aims to be the next copper producer in Québec with an initial production target of +50 million pounds of copper equivalent annually by implementing a hub-and-spoke operation model with multiple high-grade copper-gold assets feeding its centralized Copper Rand mill 1 . Doré Copper has delivered its PEA in May 2022 and is proceeding with a feasibility study. Doré Copper has consolidated a large land package in the prolific Lac Doré/Chibougamau and Joe Mann mining camps that has historically produced 1.6 billion pounds of copper and 4.4 million ounces of gold. 2 The land package includes 13 former producing mines, deposits and resource target areas within a 60-kilometer radius of Doré Copper's Copper Rand Mill.

About Cygnus Metals

Cygnus Metals Limited (ASX: CY5) is an emerging exploration company focused on advancing the Pontax Lithium Project (earning up to 70%), the Auclair Lithium Project and the Sakami Lithium Project in the world class James Bay lithium district in Québec, Canada. In addition, Cygnus has REE and base metal projects at Bencubbin and Snake Rock in Western Australia. The Cygnus Board of Directors and Technical Management team have a proven track record of substantial exploration success and creating wealth for shareholders and all stakeholders in recent years. Cygnus' tenements range from early-stage exploration areas through to advanced drill-ready targets.

For further information about Doré Copper, please contact:

Ernest Mast Laurie Gaborit
President and Chief Executive Officer Vice President, Investor Relations
Phone: (416) 792-2229 Phone: (416) 219-2049
Email: ernest.mast@dorecopper.com Email: laurie.gaborit@dorecopper.com

Visit: www.dorecopper.com
Facebook: Doré Copper Mining
LinkedIn: Doré Copper Mining Corp.
Twitter: @DoreCopper
Instagram: @DoreCopperMining

Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this news release, including, without limitation, statements with respect to the proposed Arrangement and the terms thereof, the completion of the Arrangement, including receipt of all necessary court, shareholder and regulatory approvals and timing thereof, the listing of the Cygnus Shares on the TSXV, and the plans, operations and prospects of Doré Copper and its properties are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the ability to obtain approvals in respect of the Arrangement and to consummate the Arrangement, the ability to obtain approvals for the listing of the Cygnus Shares on the TSXV, integration risks, actual results of current and future exploration activities, benefit of certain technology usage, the ability of prior successes and track record to determine future results, changes in project parameters and/or economic assessments, availability of capital and financing on acceptable terms, general economic, market or business conditions, future prices of metals, uninsured risks, risks relating to estimated costs, regulatory changes, delays or inability to receive required regulatory approvals, health emergencies, pandemics and other exploration or other risks detailed herein and from time to time in the filings made by Doré Copper with securities regulators. Although Doré Copper has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Doré Copper disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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