Colquemayo Project

Project Highlights

Strategically Located in a World-Class Copper District

Premier Mining District

Moquegua, Southern Peru — surrounded by billion-ton copper deposits
Similar belt as Quellaveco, Toquepala, & Cerro Verde

Excellent Access & Infrastructure

Road access to Arequipa (100 km) and Ilo port (200 km)
Grid power, water infrastructure, and skilled workforce

Geological Footprint with Scale

12 km trend with district scale enargite-bearing lithocap
Potential for large porphyry systems at depth

Clear Ownership Path & DIA Approval

King Copper holds an option to acquire 100% of Colquemayo
DIA approval received, enabling the next phase of exploration
36,010 m fully funded drill program planned across 5 high-priority targets

Unexplored opportunity

12 km of Strike of Enargite-Bearing Lithocap Overlying Untested Porphyry Potential

Proven Near-Surface System

12 km corridor of alteration with high-grade epithermal zones
26,000m of previous shallow drilling across 76 holes
Widespread enargite mineralization in a district-scale lithocap
Geological similarities to Filo del Sol, Valeriano, Lunahuasi, and Lepanto

Vectors Pointing to Porphyry at Depth

Enargite zones interpreted as potential caps to deeper porphyry intrusions
Past drilling and mapping provide key vectors for follow-up
Testing large scale porphyry centers beneath the enargite lithocap

Next Steps for Discovery

Upcoming planned drill program will test high-priority porphyry targets at depth
Focused on areas with alteration and geophysical indicators under enargite zones

"Past shallow high-grade drill results, a very large enargite-bearing lithocap, and a geological setting with striking similarities to projects such as Filo Del Sol are indicative of the underlying porphyry exploration potential at Colquemayo.”

Doug Kirwin

King Copper Lead Strategic & Technical Advisor

DIA APPROVAL

What This Milestone Means

Mobilization

Advancing logistical planning and site preparation for the upcoming drill campaign

Systematic Drill Test

Testing priority porphyry targets identified through historical drilling, mapping, geophysics and recent technical work

Deep Porphyry Potential

Drilling designed to evaluate targets beneath the enargite-rich lithocap
.

District Scale Evaluation

Advancing the Company’s understanding of multiple mineralized centres across the broader Colquemayo system

Follow-Up Discovery Work

Using initial drill results to refine targeting and guide the next phase of exploration

Read the News Release

Primed and ready

Multiple High-Grade Results with Porphyry Targets Ready for
Follow-Up

Targeting Large Porphyry Systems

Beneath a highly mineralized lithocap with widespread enargite
Planned drill program: up to 36,010m across 5 high-priority targets
Drill holes up to 1,500m deep, designed to test for large-scale porphyry mineralization

Path to Drilling

DIA approved and advancing preparations for the fully funded 36,010 m exploration program
Active community engagement to support transparent advancement

Key Targets

Untested Depth Potential
Across Key Zones

High-Grade Copper-Silver within Epithermal Breccias

Broad intervals of high-grade copper-silver mineralization
Enargite-rich system suggests an underlying porphyry source
Future drilling will test deeper feeder zones to grow the footprint

Expanding the System

Strong copper-gold mineralization confirmed in recent drilling
Step-out drilling planned to connect zones and define scale
Targeting expansion of a large-scale, continuous system

Qualified Person

The scientific, technical and analytical data pertaining to the Colquemayo project contained on this website has been reviewed and approved by Douglas Kirwin, FAIG, FAIMM, who serves as a qualified person in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects.

This website contains the results of geochemical sampling and drilling. Readers are cautioned that the results from a single sample or drill hole may not be representative of the mineralization on the project.