Coyote Copper Mines Receives Drill Permits for Copper Springs Project

Coyote Copper Mines Inc. has received full approval for its Phase 1 drill permits at the Copper Springs Project, marking a significant step forward in the company's exploration efforts. The project, which is wholly owned by Coyote Copper Mines Inc., is located in the Arizona Copper Triangle and is expected to test both shallow oxide and deeper sulphide copper targets.

The company has been granted permission to drill at 37 locations, each capable of hosting multiple drill holes. With a three-year timeframe to complete drilling and reclamation activities, Coyote Copper Mines Inc. is poised to begin systematic exploration of what it believes to be a large porphyry copper system. The scale of the geophysical anomalies, the strength of copper geochemistry, and the structural and intrusive architecture mapped by the company all point to a significant mineralized environment.

Dan Weir, CEO of Coyote Copper Mines Inc., expressed optimism about the project's potential. "The scale of the geophysical anomalies, the strength of copper geochemistry, and the structural and intrusive architecture we have mapped all point to a significant mineralized environment. Several major mining companies have already visited the Project, some multiple times, and their technical feedback has reinforced the potential we see at Copper Springs."

The company is also expanding its land position by staking 111 new claims, increasing the project's footprint from 63.33 km² (15,649 acres) to 72.36 km² (17,880 acres). This expansion is part of a broader strategy to systematically advance the project and evaluate the presence, continuity, and grade of copper mineralization.

Coyote Copper Mines Inc. is currently undertaking a series of geophysical programs to further refine drill targeting. Phase 1 of the 2D Induced Polarization (IP) survey is underway, covering 17 line-kilometres across lines L1 through L7 in the central-eastern portion of the project. Completion is expected by mid-September. Phase 2 of the IP program will focus on the Gibson area and the surrounding "Donut" feature identified in earlier surveys.

A combined CSEM-MT and SIP survey will begin around September 21st, covering the remaining areas not included in the February 2026 program. These geophysical surveys are part of the company's ongoing efforts to gather comprehensive data and refine its exploration targets.

The Copper Springs Porphyry Copper System, the conceptual exploration target, is interpreted to represent a large intrusive-hydrothermal center consistent with a porphyry copper system. Surface and near-surface soil and bedrock sampling has returned copper values up to 1,000 ppm (0.1%), indicating a strong hydrothermal signature and confirming the presence of a significant mineralized footprint.

Operating copper mines across the western United States typically report grades between 0.2% and 0.5% Cu. Capstone Copper's Pinto Valley Mine, located just north of Coyote Copper's project, has a Proven and Probable grade of 0.32% Cu. Achieving similar grades during drilling would be highly encouraging.

In related news, Coyote Copper Mines Inc. has accelerated certain warrants to purchase common shares of the company. The warrants, which were issued in July and August 2025 and January and February 2026, are now required to be exercised within 30 calendar days from the date of the press release. If not exercised by October 15, 2026, at 4:00 p.m. (Toronto time), the warrants will expire. The company expects to receive approximately $3.14 million if all warrants are exercised.

Coyote Copper Mines Inc. is committed to advancing the Copper Springs Project with a disciplined, systematic approach. The company's next steps include completing the ongoing geophysical surveys and initiating the Phase 1 drilling campaign. The project's potential, as indicated by the geophysical and geochemical data, makes it a high-priority, Tier-1-scale exploration target.