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Zonia project

The Zonia Copper Oxide Project in central Arizona has been held under private ownership for almost 100 years and has undergone extensive historical exploration, metallurgical studies and mine development planning. The majority of the mineralized area was pre-stripped during previous open-pit mining operations at Zonia in 1966, as 17 million tons were mined with 7 million tons stacked on heap leach pads, producing cement copper up till 1975. The Property has been drill-tested with almost 700 drill holes (60,000 meters). This high-density drilling covers 30% of the property and defines the current resource estimate, reducing technical risk on the deposit. Copper mineralization is mostly open to the northeast, providing a considerable opportunity to grow the resource.

The March 2018 historical Preliminary Economic Assessment (“PEA”) and 2017 historical mineral resource estimate on the Zonia copper-oxide deposit concluded that the economics of the project are excellent and gives World Copper the assurance to advance the project through feasibility.

The historical PEA is based on the 2017 amended resource estimate by Tetra Tech Inc. and outlines an open-pit, copper-oxide heap leach project with a 9-year mine life and favorable economics.

Now with our most recent resource estimate we are working on a Feasibility Study for a copper cathode sx-ew operation.

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