Successful Placement Completed & Rights Issue To Open

I’m very encouraged by, and thankful for, the strong support Copper Search has received from new and existing investors in our recent placement, which raised $850,000 to fund exploration and project generation targeting Heavy Mineral Sands (HMS) in South Australia.

The support we have received from this placement allows us to take the next steps on this path – from further sampling, through to heritage clearances and defining drill targets. Our intention is to commence low-cost air-core drilling as soon as the necessary approvals are secured.

What particularly excites me is the potential of our new tenement, where old beach strandlines interpreted from magnetic data look to be large, walk-up drill targets. If the mineralogy reflects what we’ve seen in the recent grab samples collected by our resident Mineral Sands expert, Ian Warland, then this new opportunity could represent a significant win for shareholders.

In parallel, I’d like to advise shareholders that our exploration team has just returned from the field in New South Wales, where they have been focussing on the gold and copper porphyry potential at the Byrock Project. The latest boots-on-ground program included ground truthing chargeability anomalies identified by our IP surveys, collecting new gravity data, and field-checking the high-priority Pipes Targets, defined in the recent airborne magnetics program.

The rest of 2025 is shaping up to be a very active time for Copper Search, and I look forward to keeping shareholders informed as we progress to drill ready on multiple projects.