CopperCorp Awarded Razorback REE and Cu-Au Project in Tasmania, Australia with Historical Drilling Intercepts of 30.0m @ 2.1% TREO & 13.4m @ 1.6% Cu and 1.6 g/t Au

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[{"type":"text","content":"CopperCorp Awarded Razorback REE and Cu-Au Project in Tasmania, Australia with Historical Drilling Intercepts of 30.0m @ 2.1% TREO & 13.4m @ 1.6% Cu and 1.6 g/t AuVancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) (\"CopperCorp\" or the \"Company\") is pleased to announce that its wholly-owned subsidiary, Georgina Resource Pty Ltd, has been named as the successful recipient for exploration licence EL8/2023 (the \"Razorback Project\"), located south of the Mt Lyell copper mine in western Tasmania, Australia (see Table 1 and Figure 1). The licence was awarded to the Company following its submission through the state's Exploration Release Area (ERA) competitive application process.CopperCorp considers the Razorback Project area to be highly prospective for primary rare earth element (REE) and iron oxide-copper-gold (IOCG) style Cu-Au mineralization based upon results of historical drilling within the project area, which include total rare earth oxide (TREO) intercepts of 30.0m @ 2.1% TREO (drillhole SDD005)1, and Cu-Au intercepts including 13.4m @ 1.6% Cu and 1.6g/t Au (drillhole JP2)2. Multiple areas with anomalous REE assays from surface rock chip sampling, including up to 16.2% TREO1, have received limited follow-up exploration, providing a significant opportunity for the Company to generate and develop new REE exploration targets.The Razorback Project (EL8/2023) will add 171km2 in new mineral licence holdings to the Company's 100%-owned AMC and Skyline projects in western Tasmania, bringing the total combined exploration licence holdings to 1,571 km2. The successful application will now move forward through the exploration licence grant process and a more detailed press release on the property will follow. Licence IDProject Target CommodityStatusTotal Area km2EL8/2023RazorbackRare Earths-Copper-GoldPriority Application171 Table 1. Summary of CopperCorp's new licence application in western Tasmania, Australia. Steve Swatton, President and CEO of CopperCorp commented, \"The Razorback land package has been recognized and highly regarded by our team since inception of the Company. The project is located immediately south and along trend of the 3 million tonne (contained copper) historic Mt Lyell mine which has generated significant copper and gold since starting...

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