Copper 360 Limited announced that four core boreholes twinned parallel to historical drilling confirms historical copper values and widths as well as validates the historical database. Borehole RB360-3 intersects 22,27m at 2.7% copper in situ (drill width) at Rietberg Copper Mine. Borehole RB360-4 intersects 6,66m at 3.57% copper in situ (drill width) at Rietberg copper Mine.

Surface channel sampling at Wheal Julia leads to discovery of copper oxide capping on surface 150m wide by 100m long and open to depth. Average value of samples at Wheal Julia yields in situ average copper grade of 5% copper with individual values as high as 8% to 10% copper in situ. Shareholders are reminded the Newmont Mining Company drilled 123 boreholes representing over 8500m of core that defined several large high-grade copper deposits during 1980 at the Rietberg Mine.

These deposits were pre-developed but never mined. Copper 360 through its subsidiary Shirley Hayes IPK (Pty) Ltd. has a Mining Right over the Rietberg Mine and own the historical geological drillhole database. Because the core from the drillhole database was not preserved, the Company drilled 4 core boreholes parallel and within at least a 5 to 10m distance from 4 historical boreholes to confirm the validity of the drillhole database.

These new core boreholes have confirmed the validity of the historical intersected copper widths and grades and were spaced in a representative manner. These results will also enable the Company to upgrade the inferred resource of this mineralized body at the Rietberg Mine to the indicated and measured resource category. The Company will advise the market of this upgrade within the coming months.

In addition to these drilling results, the Company also undertook a sampling campaign at Wheal Julia after the loose rock from this site was cleared as part of rehabilitation obligations.