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Copperhead Resources Options Twilite Gold Project in Central Newfoundland Gold Belt
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - Copperhead Resources Inc. (CSE: CUH) ("Copperhead" or the "Company") is pleased to announce th
About this update from Deep Sea Minerals Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - Copperhead Resources Inc. (CSE: CUH) (\"Copperhead\" or the \"Company\") is pleased to announce that it has entered into an option agreement dated August 18, 2025 (the \"Agreement\") with TRU Precious Metals Corp. (TSXV: TRU) (the \"Optionor\"), pursuant to which Copperhead may acquire a 100% ownership interest in 65 mineral claims located in Central Newfoundland and known as the Twilite Gold Project (\"Twilite\") (see Figure 1). Copperhead's President and CEO, Damian Lopez, commented: \"Twilite represents Copperhead's entry into the burgeoning Central Newfoundland Gold Belt, adding a more advanced exploration-stage asset to our portfolio. Historical and recent work at Twilite, including drilling, has returned encouraging results, and Twilite's proximity to major gold discoveries adds to its potential and appeal in a very strong gold price environment. Furthermore, certain of our directors and officers were previously involved with Twilite and/or the Optionor in various capacities, giving the Copperhead team excellent institutional knowledge, on-the-ground relationships, and proprietary insights into how to most effectively advance Twilite.\" Figure 1. Twilite - Property Location Map Twilite Twilite consists of 65 units covering 1,625 hectares and is considered to be associated with an Orogenic gold system. Twilite shares many characteristics with Equinox Gold's pre development Valentine Lake Gold Project, which is located approximately 110 kilometres (km) southwest. Twilite has previously been explored but not extensively followed up, with the most recent notable program carried out in 2021 by the Optionor. A 12-hole, 2,577 metre (m) diamond-drill program was completed in July 2021, which successfully intersected the widest section of the mineralized shear zone to date and encountered gold in several holes, including most notably (see Figure 2): 11.5m with 1.03 g/t gold (Au) in hole TL-21-17 10.5m with 1.07 g/t Au in hole TL-21-16 6.0m with 1.06 g/t Au in hole TL-21-18 3.0m with 0.85 g/t Au in hole TL-21-20 2.0m with 1.0 g/t Au in hole TL-21-27 Figure 2. Twilite Drill Program - Drillhole Location Map Terms of the Agreement In order to exercise its option to acquire a 100% interest in Twilite, the Company must make the following cash payments and explor...