Eight holes completed at Cordillera Cobre, Castilla advancing towards geophysics and drill targeting, and CUPRIX moving toward analytical testing

VANCOUVER, BC, Nov. 3, 2026 /CNW/ -- SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) ("Super Copper" or the "Company") is advancing a pipeline of copper exploration and technology milestones, led by the upcoming first assay results from its maiden drill program at Cordillera Cobre in Chile. Eight holes are complete, assays for the first four are undergoing quality assurance and quality control (QA/QC) review, and a ninth hole designed to test deeper levels of the target is underway. At Castilla, the Company is preparing its second copper project for first-ever drilling, targeting for the second quarter of 2027.

With a funded balance sheet and no debt, Super Copper expects its existing treasury to fund completion of the current Cordillera Cobre drill program, Castilla drill targeting, CUPRIX development, and additional exploration milestones under its current budget.

Corporate Highlights

• First drill results approaching. ALS assay certificates for holes 1 to 4 at Cordillera Cobre have been received and are in QA/QC review. Four additional holes are complete, establishing a pipeline of further results.
• Drilling a target within a broader corridor. The program is testing IP chargeability anomalies and structures extending more than 800 meters along NW strike, within a 3.5-kilometer magnetic anomaly linking El Alto and Calcite Hill.
• A second opportunity for discovery at Castilla. Phase 2 geophysics is currently under way at the Castilla project. Follow-up work is expected to rank targets for maiden drilling in Q2 2027.
• Copper-processing technology moving forward. CUPRIX, being co-developed with MetaFLO Technologies, has reached bench-scale demonstration. Larger-scale testing is the next development step and the company is advancing.

"We are building Super Copper to give shareholders a succession of opportunities for discovery," said Zachary Dolesky, Founder and CEO of Super Copper. "At Cordillera Cobre, our first four holes are in assay review, four more are complete, and drilling continues at depth. Castilla gives us a second project with compelling targets that have never been tested by drilling. Our balance sheet allows us to carry out the current programs and make decisions from the results. The immediate priority is to deliver the first assays and establish where the next phase of exploration can have the greatest impact."

Cordillera Cobre Advances Toward First Drill Results

Super Copper's maiden diamond drill program at Cordillera Cobre is currently underway, with drilling on a 24-hour double shift. The project comprises 27 exploitation concessions approximately 70 kilometers northeast of Copiapó in Chile's Atacama Region. The Company has earned a 25% interest and has the right to earn up to 100% under its joint venture agreement.

The program is testing the El Alto target, where hyperspectral satellite mapping, surface prospecting as well as induced polarization (IP) surveying and 3D magnetization vector inversion modeling have identified features that warrant drilling. IP measures the electrical response (charge) of the sub surface rock formations with an introduced electrical current and can help locate sulfide-bearing rock, drilling is needed to determine what causes the response and whether it contains copper mineralization (Figure 1).

• Holes 1 to 4. ALS assay certificates have been received. Results are being compiled and reviewed and are expected to be announced shortly in a separate news release, following completion of QA/QC.
• Holes 5 to 8. Drilling is complete. The longest completed hole reached 593.2 meters. Results will follow as assays are received and reviewed.
• Hole 9. Drilling is underway at a steeper angle than most earlier holes. The hole is planned to approximately 600 meters and is designed to test deeper levels of the target than any hole drilled to date.

The first assays will provide the initial analytical results from this maiden drill program, with additional holes expected to add further information as the campaign progresses. No drill assay results are disclosed in this corporate update.

Castilla Prepares for Drill Targeting

Castilla offers Super Copper a second exploration opportunity in the Atacama Region on ground that has never been drilled. Surface grab samples have returned up to 53.8 grams per tonne (g/t) gold and 17.7% copper. Of the 95 grab samples reported on July 30, 2026, 22 returned more than 1.0 g/t gold. These selective samples identify areas for follow-up; they do not establish the average grade or extent of mineralization.

The Company is currently completing its phase 2 geophysics program, which includes an IP survey to trace chargeability features across the property. Follow-up mapping and sampling are underway to rank targets for a first diamond drill program, targeted for Q2 2027. The Company is testing an iron oxide copper-gold (IOCG) exploration model; the presence of an IOCG deposit has not been established. Survey methods, interpretation and figures will be provided in the Company's upcoming news release.

CUPRIX Adds Copper Technology Development

Alongside exploration, Super Copper and MetaFLO Technologies are co-developing CUPRIX at their joint laboratory. The biopolymer is being developed to help copper miners and processors recover more copper and return cleaner water for reuse, addressing both metal recovery and water management in processing.

CUPRIX reached bench-scale demonstration in September 2026. The next step is larger-scale testing to assess performance beyond the laboratory. Mineral discovery remains Super Copper's core business, while CUPRIX offers a separate opportunity to develop technology for the copper industry.

Treasury Supports the Next Phase of Work

At August 31, 2026, the Company reported cash and cash equivalents of C$5,411,710 and working capital of C$5,631,868 in its unaudited interim financial statements. Based on its current budget, management expects the existing treasury to fund completion of the Cordillera Cobre drill program, Castilla drill targeting and the CUPRIX program, with no additional financing expected to be required over the next 12 months. This funding position supports continued work while results are received and evaluated.

Upcoming Milestones

Investor Relations

The Company announces that it has extended its previously announced agreement (the "NIA Agreement") with GRA Enterprises LLC DBA National Inflation Association ("NIA") for investor relations and communication services. The NIA Agreement, dated September 23, 2025, was previously extended by an additional 6 months (see the news release dated March 31, 2026 for more details). Pursuant to the NIA Agreement, the Company has extended the term by an additional 3 months for USD$50,000, until January 20, 2026. All other terms of the NIA Agreement remain unchanged. NIA will continue to leverage its distribution channels, including targeted email lists, website features, and blog content, to support the Company's communications and investor awareness initiatives. The Company will not issue any securities to NIA as compensation under the NIA Agreement. NIA is an arm's length party to the Company. For more information about NIA: Contact ga@gerardadams.com or visit them at 112 Camp Lane, Mooresville, North Carolina, 28117.

The Company also announces that it has entered into a marketing services agreement (the "Mithridates Agreement") with Mithridates Holdings Corporation ("Mithridates"), pursuant to which Mithridates has agreed to provide digital marketing and investor awareness services (the "Services"). The Services will include, but are not limited to, assisting the Company with content creation management, digital advertising, market advisory and campaign strategies. The Mithridates Agreement has a term of 2 months commencing on November 1, 2026 and ending on December 31, 2026. In consideration for the Services, the Company has agreed to pay Mithridates a fee of US$67,000 plus taxes. The Company will not issue any securities to Mithridates as compensation. Mithridates is an arm's length party to the Company. For more information about Mithridates: contact info@mithridates.ca or phone number: +1 (236) 505-500, located at 232-329 Howe St., Vancouver, BC V6C 3N2.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Michael B. Dufresne, M.Sc., P.Geol., P.Geo., of APEX Geoscience Ltd., a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, who is independent of the Company. Mr. Dufresne has verified the drilling, sampling and QA/QC procedures described in this news release. No drill assay results are disclosed in this news release.

About Super Copper Corp

Super Copper is a mining exploration company focused on acquiring, advancing and consolidating global copper assets from early discovery through late-stage development. The Company is advancing its Cordillera Cobre and Castilla copper projects in the Atacama Region of Chile, a region with established mining infrastructure and the operations of global majors. By operating a single, integrated technical team and a milestone-driven acquisition strategy, Super Copper aims to build a portfolio of scalable projects capable of supplying the world's accelerating demand for copper. www.supercopper.com

Sampling and Technical Disclosure

The Cordillera Cobre drill program is managed by APEX Geoscience Ltd. Drill core is logged and sampled on site. Samples are submitted to ALS in Copiapó, Chile for preparation and are analyzed by four-acid digestion with ICP-MS finish (ME-MS61) and by fire assay for gold (Au-AA23), with over-limit analysis for samples that exceed the upper detection limit of the primary method. Certified reference materials, blanks and duplicates are inserted into the sample stream at a rate of approximately 20 percent. No drill assay results are reported in this news release.

Grab sample type, analytical methods, laboratory and QA/QC for the Castilla rock samples are described in the Company's July 30, 2026 news release. Grab samples are selective by nature, include vein and float material that may not be in place, and may not represent the average grade of mineralization. Geophysical interpretations are preliminary; IP chargeability and magnetic anomalies may have non-economic sources and do not establish the presence of economic mineralization. Their source can only be confirmed by drilling.

Financial Information

Financial information in this news release is taken from the Company's unaudited condensed interim consolidated financial statements for the three and six months ended August 31, 2026, which are available on SEDAR+. Working capital is current assets less current liabilities. Cash balances after August 31, 2026 reflect continued spending on the Company's exploration programs and corporate costs.

Forward Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (together, "forward-looking statements"). Forward-looking statements in this news release include, but are not limited to, statements regarding: the expected timing of the release of the first drill results from the Cordillera Cobre project; the compilation and QA/QC review of assay results; the completion of hole 9, its planned length of approximately 600 meters and the levels it is designed to test; the completion of the maiden drill program at Cordillera Cobre; the follow-up sampling and mapping at the Castilla project and the ranking of drill targets; the timing of a first drill program at Castilla, targeted for the second quarter of 2027; the development of CUPRIX with MetaFLO Technologies, its intended benefits and larger-scale testing; the sufficiency of the Company's existing treasury to fund its currently planned programs; the Company's expectation that it will not need to raise capital in the next 12 months; and the Company's review of opportunities to add copper projects. Words such as "expects", "anticipates", "plans", "targeted", "designed to", "intends", "will" and similar expressions identify forward-looking statements.

Forward-looking statements are based on management's assumptions as of the date of this news release, including that ALS and the Company's consultants will complete analysis, compilation and QA/QC review without material delay; that hole 9 and the remainder of the drill program will proceed as planned without material ground, equipment, personnel or weather disruption; that follow-up work at Castilla will support the selection of drill targets; that permits, access and contractors for drilling at Castilla will be available on the expected timeline; that the Company's current budget and cost estimates for its planned programs and general and administrative expenses are accurate; that the Company will not make material expenditures outside its current budget, including for any acquisition; that required permits and access will remain in good standing; and that the Company's agreements, including the earn-in arrangement for Cordillera Cobre and its arrangement with MetaFLO Technologies, will remain in good standing.

Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially, including laboratory, compilation or QA/QC delays, including any need for re-assaying; drilling, ground and technical conditions; weather; the availability of equipment, contractors and personnel; delays in permitting or access; changes to exploration plans or budgets; the possibility that drill results, geophysical surveys or interpretations differ from expectations or do not confirm economic mineralization; the risk that geophysical anomalies have non-economic sources; technology development risk, including the risk that CUPRIX does not perform at larger scale, is not commercialized or does not obtain trademark registration; cost overruns and inflation; the availability of future financing on acceptable terms; capital market conditions, copper and gold prices, and currency exchange rates; regulatory, permitting, title and community risks of operating in Chile; and the other risks described in the Company's public disclosure filed on SEDAR+.

The statement that the Company does not expect to need to raise capital in the next 12 months is based on management's current budget. It is provided to help readers understand the Company's funding position and may not be appropriate for other purposes. The Company may choose to raise capital sooner, including to fund additional work or an acquisition.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update forward-looking statements except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE Super Copper Corp.