Somerset Minerals Copper Discovery Expands Mineralised Footprint

Somerset Minerals Discovers Promising Copper Mineralization at Jura North Somerset Minerals has positioned itself with a significant land position in Canada's Coppermine Project, announcing substantial visual copper mineralization in two drill holes at its flagship operation. The new findings at Jura North in drill holes JURC005 and JURC006 show mineralized zones that appear to increase in thickness at depth, positioned beneath a previous standout intercept. The company's strategic exploration has revealed promising results that could significantly enhance the project's value proposition in the coming weeks as assay results are received. Key Highlights: Expanding Copper Mineralization Below Previous High-Grade Intercept The company has intercepted wide zones of visible copper mineralization at Jura North in drill holes JURC005 and JURC006, positioned beneath a previous standout intercept of 42.7m @ 2.69% Cu from 15.2m. The new results extend mineralization to approximately 155 meters below surface while remaining open in all directions. Most notably, JURC006 intercepted multiple zones of intense visible mineralization over a total interval of 85.4 meters, including: 7.6m of visually identified sulphides from 83.8m 10.7m of visually identified sulphides from 94.5m 25.9m of visually identified sulphides from 112.8m 15.2m of visually identified sulphides from 153.9m Similarly, JURC005 intercepted visible mineralization over 56.4 meters across multiple zones. "The true thickness of the broader mineralised envelope appears to increase with depth with JURC006 containing multiple zones of intense mineralisation over a total interval of 85.4 metres, pointing to a potentially larger system at depth," stated Managing Director Chris Hansen. Understanding Visual Mineralization in Copper Exploration Visual mineralization refers to copper-bearing minerals that can be identified by geologists during drilling before laboratory assays confirm exact copper grades. At Jura North, Somerset Minerals' copper discovery primarily consists of chalcocite (a copper sulphide mineral containing about 80% copper) as the dominant mineral, with minor occurrences of native copper and chalcopyrite. While visual identification is an important first step in exploration, the company appropriately cautions that laboratory assays are required to determine precise copper grades. These assays are expected within approximately two weeks. Expanding the Potential of the Coppermine Project The Coppermine Project represents a significant land position covering 1,665km² in the Kitikmeot region of Nunavut, Canada. Somerset Minerals controls over 90% of the area's Copper Creek Formation basalts, which host high-grade copper mineralization. The project area is analogous to the historically productive Keweenaw Peninsula copper deposits in Michigan, which produced significant high-grade native copper. The Jura prospect itself features a ~7.0km long fault trend with demonstrated high-grade copper mineralization. What is Somerset's Exploration Strategy? Somerset's exploration approach involves three key components: Delineating mineralization at Jura North to establish resource parameters Concurrently testing the broader landholding for additional copper discoveries Using geophysics (IP & EM surveys) to guide future drilling campaigns This multi-pronged strategy allows the company to advance known prospects while potentially identifying new mineralized zones across their extensive land package. Next Steps and Timeline Somerset Minerals is currently progressing through a Phase Two exploration program at Jura, testing approximately 500m of mineralized strike with about 10 holes totaling 1,500m. This work aims to expand the known mineralized footprint and progress toward resource definition. The company has completed induced polarization (IP) surveys over two areas at Jura, including Jura North. The next steps involve processing this data to guide future exploration activities. First assays from the current drilling program are expected in approximately two weeks, which will provide quantitative confirmation of the copper grades in the visually identified mineralization. "With first assays expected in ~2 weeks the momentum is building, every metre drilled is adding confidence and scale, positioning Somerset to deliver meaningful growth in a strengthening market," commented Hansen. Investment Thesis Somerset Minerals' copper discovery offers investors exposure to a rapidly advancing copper exploration story with several compelling attributes: Scale potential – The Coppermine Project covers 1,665km² with over 100km of prospective strike and 112 copper occurrences identified across the property. High-grade potential – Previous drilling has returned significant copper grades (42.7m @ 2.69% Cu), and surface sampling has yielded extremely high-grade results (up to 45.4% Cu). Multiple prospects – Beyond Jura, Somerset has identified high-priority targets at Laphroaig, Ardbeg, and Oban districts across its extensive landholding. Strong market fundamentals – Somerset Minerals is advancing its copper discoveries amid strengthening copper market fundamentals driven by electrification trends and potential supply deficits. Why is Copper Essential for the Green Energy Transition? Copper plays a vital role in the global economy due to its excellent electrical conductivity, corrosion resistance, and thermal properties. These attributes make it indispensable for several key applications: Renewable energy infrastructure: Solar panels, wind turbines, and energy storage systems Electric vehicles: EVs use approximately 3-4 times more copper than internal combustion vehicles Power transmission: Critical for electricity grids and charging infrastructure Electronics: Essential component in circuit boards and connectivity solutions Furthermore, demand for copper is projected to grow significantly as the world transitions to cleaner energy sources. According to industry analysts, copper demand could outstrip supply in the coming years, potentially creating favourable market conditions for new copper discoveries. Why Investors Should Follow Somerset Minerals' Copper Discovery Somerset Minerals has positioned itself with a significant land position in a highly prospective but underexplored copper district. The latest visual results suggest the company may be onto a substantial copper system at Jura North, with mineralization appearing to expand at depth. With assays pending in the coming weeks and additional holes planned, Somerset is entering a period of potential high news flow that could significantly enhance the project's value proposition. The company's dual-tracked exploration approach – advancing known prospects while testing regional targets – provides multiple avenues for discovery and growth. The Somerset Minerals' copper discovery at Jura North appears to be gaining momentum with each drill hole, potentially positioning the company as an emerging player in the Canadian copper exploration landscape. Ready to Invest in the Next Major Copper Discovery? 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