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Copper Road Resources signs Four Separate Option Agreements Consolidating the Ben Nevis Volcanic Complex into a Single Claim Group
TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSX-V: CRD) ("Copper Road" or the "Company") is pleased to announce that it has signed a
About this update from Copper Road Resources Inc
[{"type":"text","content":" TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSX-V: CRD) (\"Copper Road\" or the \"Company\") is pleased to announce that it has signed a non-binding Letter of Intent (“LOI”) to option 174 cell claims (within 495 provincial grid cells) with a spatial exploration extent of approximately 10,232 hectares (“ha”), including 13 contiguous mining rights only patents for an additional 210 ha to the operational project area. The property includes parts of Ben Nevis, Clifford, Elliott, Arnold and Katrine townships, located in northeastern Ontario (Figure 1). This transaction consists of four (4) separate option agreements representing the first ever consolidation of the entire Ben Nevis Volcanic Complex into a single claim group holding. The transaction is expected to close within 30 days. Brian Howlett, CEO of Copper Road Resources commented, “This is an unparalleled opportunity for Copper Road. The Ben Nevis Volcanic Complex has long been recognized for its potential for VMS deposits but has seen limited modern-day exploration. The Clifford Stock provides additional exploration potential for intrusive related Cu-Au-Mo deposit models. We look forward to completing this transaction and begin systematic exploration of an overlooked region of the Blake River Group.” Figure 1. Regional location of the Copper Road Ben Nevis Claim Group. Regional Geological Overview: The Ben Nevis Volcanic Complex is located within the upper Blake River Group (BRG). It is the youngest volcanic sequence within the metal endowed Abitibi greenstone belt. Of all the Archean sequences in the Abitibi greenstone belt, the BRG contains the most abundant concentration of volcanogenic massive sulphide (VMS) deposits. Approximately half of the total VMS tonnage of the Abitibi greenstone belt is located in the BRA, and about 90% of the total “VMS gold” in the belt is found in the BRA. The Noranda Cu-Zn-Ag-Au VMS mining district is approximately 40 kilometres in Quebec is host to 23 VMS deposits and the Doyon-Bousquet-LaRonde camp hosts 11 VMS deposits1. The presence of VMS-style alteration and mineralization in the area indicates that a synvolcanic hydrothermal system existed and the now consolidated Ben Nevis Volcanic Complex has the potential to host gold-rich VMS deposits comparable to those in the Noranda and Doyon-Bousquet-LaRonde mining ca...