US Copper Corp V.USCU

US Copper Corp. Commence Discussions with Strategic Partners

[Betteryear2]

• US Copper has Commenced Discussions with Potential Strategic Partners to Advance its 100% Owned Moonlight-Superior Copper Project.

• US Copper's Moonlight – Superior Copper Project is a historically operating project with potential to restart and become a domestic supply of copper to the US market.

• Copper Prices broke $10,000/t (i.e. US$4.53/lb) in recent weeks as Copper undergoes an unprecedented structural change driven by global energy transition.

• The project's US location positions it as a preferred supplier to the US domestic industry and a candidate for possible US Government funding support.

Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - US Copper Corp., (TSXV: USCU) (OTCQB: USCUF) (FSE: C730) ("US Copper" or the "Company") is pleased to announce that it has commenced discussions with strategic partners to facilitate the Company's ongoing efforts to advance its large, advanced Moonlight-Superior Project, a historically operated copper mine in California, back into production. Steve Dunn, CEO, noted:

"There is strong interest by strategic partners in Moonlight-Superior driven by the recent move of copper prices above US$10,000/t (US$4.53/lb) as well as the project's U.S. location which dovetails nicely with the push by the U.S. Government to stimulate new domestic sources of critical metals, including copper, via various incentive and financial support programs. With the recently announced drilling results, timing is ideal and we are excited to commence discussions with potential strategic partners to advance the project through Definitive Feasibility Study and development of the mine. We look forward to updating shareholders as discussions progress."

US Copper Corp. Commences Discussions with Strategic Partners for Its Moonlight-Superior Project, One of the Most Advanced and Largest Undeveloped Copper Projects in the USA (newsfilecorp.com)