Copper Intelligence Announces Significant Upgrade To Reported Copper Grades at Butembo

Copper Intelligence Announces Significant Upgrade To Reported Copper Grades at Butembo
OTC: CUAI

Overview

Copper Intelligence Inc. announced that it has received accredited independent laboratory assay results for the first 67 samples collected from its Butembo Copper Project in the Democratic Republic of Congo (DRC), according to the company. The samples were initially analyzed onsite using handheld X-ray fluorescence (XRF) equipment as a rapid exploration screening tool to identify and prioritize mineralized zones, with these preliminary results considered indicative and accredited independent laboratory assays intended to provide definitive analysis, the company stated.

According to the company, the verification program confirmed significant copper mineralization across the sampled areas. The company reported that 21 samples representing the higher-grade population (greater than 1% Cu) averaged 8.2% Cu in independent laboratory assays, compared with 3.7% Cu from preliminary field XRF analyses. This sample was from 6 holes, with a further 10 under analysis, according to the company.

Key Highlights

  • Accredited independent laboratory assays confirm significant copper mineralization at the Butembo Copper Project in the DRC, according to the company.
  • The initial verification program covers 67 samples.
  • 21 higher-grade samples (greater than 1% Cu) averaged 8.2% Cu, compared with 3.7% Cu from preliminary on-site handheld XRF analyses.
  • The company states that results indicate preliminary field analyses may have understated grades in higher-grade mineralized zones.
  • Improved sample preparation procedures are being implemented, and accredited laboratory results will progressively replace preliminary field data, according to the company.
  • The company states that results strengthen confidence in the copper mineralization identified at Butembo.

Strategic/Operational Context

Management considers the variance largely reflects sample preparation and homogeneity factors affecting early-stage field analyses, according to the company. While handheld XRF remains useful for rapidly identifying mineralized zones, the company states that analytical reliability depends on representative sample preparation, including effective crushing and pulverization. For context, the company notes that average copper ore grades are reported at 2.56% in the DRC and 0.55% in Chile, the world's largest copper producer, according to the CRU Group.

Following its review of the results, Copper Intelligence is implementing improved sample preparation protocols to enhance the accuracy, consistency and repeatability of future field analyses, according to the company. Accredited laboratory assays will progressively supersede preliminary handheld XRF results for the corresponding samples as verified results become available and are incorporated into the project database, the company stated. The company regards this conservative reporting approach as prudent and consistent with industry best practice, particularly during early-stage exploration. Management believes the results strengthen confidence in the grade and significance of the copper mineralization identified at Butembo and support continued exploration across the project, according to the company.

Quality Assurance and Quality Control

According to the company, the verification program included Copper Intelligence's internal quality assurance and quality control ("QA/QC") procedures, including control samples inserted into the analytical stream. The accredited independent laboratory also applied its established QA/QC protocols, including standards, blanks, duplicates and other controls to monitor analytical accuracy and precision, the company stated. Management views these combined procedures as supporting confidence in the reliability of the reported assay dataset.

Copper Intelligence's President, Alan Kessler, commented: "From the outset, our handheld XRF program was designed as a rapid exploration tool to identify and prioritize mineralized zones rather than as a substitute for accredited laboratory assays. We have consistently maintained a conservative reporting philosophy and have always intended to rely on independent laboratory results for definitive reporting. The fact that our first batch of accredited laboratory assays has returned substantially higher copper grades within a number of our strongest mineralized samples is highly encouraging. At the same time, the program has provided important technical information that allows us to further improve our field sample preparation procedures. We believe these results strengthen confidence in the quality and significance of the mineralization identified to date at Butembo and support our continued exploration efforts across the project."

What to Watch Next

  • Accredited laboratory assays for the remaining samples from the 10 holes currently under analysis, which are expected to progressively supersede preliminary field XRF results as they become available, according to the company.
  • Implementation of improved sample preparation protocols intended to enhance the accuracy, consistency and repeatability of future field analyses, according to the company.

About Copper Intelligence

Copper Intelligence is a U.S.-publicly traded copper exploration and development company focused on advancing high-potential copper assets in the Democratic Republic of Congo. Copper Intelligence "CUAI" is the first stand-alone DRC company to be publicly traded in the United States. The company's strategy is aligned with the growing global demand for secure, diversified, and responsible sources of critical minerals. Copper has become one of the most strategic commodities of our time, essential for electrification, decarbonization, and digital transformation. From renewable energy to EVs, drones, data centers, and infrastructure, it underpins nearly every global growth sector. According to the Copper Development Association, $254 billion in annual US economic output depends on copper production and distribution.

The company maintains a focus on responsible sustainable development and community engagement in the regions where it operates. The Democratic Republic of Congo's copper production is among the largest in the world, with the DRC accounting for 65% of newly announced copper reserves worldwide in 2023, according to S&P Global Market Intelligence.

Read full press release here.

Disclaimer and Forward-Looking Statements

The information contained herein is provided by ArcStone Financial Pulse Inc. ("ArcStone Financial Pulse"), a subsidiary of ArcStone Securities and Investments Corp. ("ArcStone"), for informational purposes only. It is not, and under no circumstances should it be construed as, an offer to sell or a solicitation of an offer to buy any securities or other financial instruments in any jurisdiction. This content is not a research report within the meaning of FINRA Rules 2241 or 2242 and does not constitute a research report under any applicable securities laws.

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ArcStone Securities and Investments Corp. is not a registered broker-dealer and does not provide investment advice or recommendations. All registrable activities in the United States are conducted through ArcStone Securities, LLC (CRD# 306029) and/or Kingswood Capital Partners, LLC (CRD# 288898), both FINRA-registered broker-dealers, members SIPC. ArcStone Canada Inc. is not registered as a dealer in any Canadian jurisdiction; registrable dealing activities in Canada are conducted through appropriately registered affiliates.

ArcStone Kingswood is a DBA Office of Supervisory Jurisdiction (OSJ) of Kingswood Capital Partners, LLC (Member FINRA/SIPC) under which registered representatives of ArcStone Securities, LLC (Member FINRA/SIPC) and registered representatives of Kingswood Capital Partners, LLC conduct joint capital markets and investment banking activities. ArcStone Securities, LLC and Kingswood Capital Partners, LLC are parties to a written agreement governing the sharing of fees on transactions in which registered representatives of both firms participate. All securities transactions and investment banking services described in this article are conducted exclusively through ArcStone Securities, LLC and/or Kingswood Capital Partners, LLC; "ArcStone Kingswood" itself is not a registered broker-dealer or separate legal entity.

ArcStone Financial Pulse Inc. is owned by the same parent entity (ArcStone Securities and Investments Corp.) that owns ArcStone Securities, LLC. This common ownership, together with the joint operating relationship between ArcStone Securities, LLC and Kingswood Capital Partners, LLC under the ArcStone Kingswood DBA OSJ banner, represents a structural conflict of interest. Copper Intelligence (the "Company") is a current client engaged jointly by ArcStone Securities, LLC and Kingswood Capital Partners, LLC under the ArcStone Kingswood DBA OSJ banner. ArcStone Securities, LLC and Kingswood Capital Partners, LLC have together received US$180,000 in cash advisory fees, payable in 12 equal monthly instalments of US$15,000, and US$180,000 in restricted common shares priced at the 10-day volume-weighted average price prior to execution, under a 12-month engagement executed 2026-06-12 in connection with advisory services to the Company, with fees shared pursuant to a written fee-sharing agreement between the two firms. This consideration represents a conflict of interest, as ArcStone may be perceived to have an incentive to present the Company in a favorable light. The principals, directors, officers, employees, and related entities of ArcStone and its affiliates may, from time to time, own, buy, or sell securities or derivatives of the Company or its affiliates.

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