Alpha Copper Announces Results of Magnetic 3D Inversion Study at the Star Project

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha,” “Alpha Copper,” or the “Company”) a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce results and interpretation of a geophysical magnetic 3D inversion study on its Star Project in northwestern British Columbia.

The Star Project is located approximately 50 km NW of the community of Telegraph Creek in the traditional territory of the Tahltan First Nation and is situated in the highly prospective Stikine Arch; an important geological region that hosts numerous large porphyry copper-gold projects such as the Red Chris and Galore Creek deposits.^[1]

Highlights:

• Seven target areas with copper mineralization at surface are underlain by magnetic anomalies.
• Magnetic lows relate to hydrothermally altered faults and are an expression of the porphyry system.
• An oval-shaped magnetic high anomaly at the Star target may be associated with alkalic porphyry-style potassic alteration, and is 400 metres wide and starts at 150m depth, which has not been drill tested (Fig. 1).
  

“The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha. “We can now use magnetic data to complement the geological model and we are currently focussing on filling gaps in the drill coverage while extending known mineralization laterally, and to depth. This drilling is expected to begin in June, 2023, and be completed by the start of August, 2023. The magnetic inversion also identified several anomalies that correlate with geochemical target areas identified in previous surficial sampling campaigns that are now closer to being drill tested.”

Figure 1. Vertical section looking NW of the Star target area (see Figure 2) showing the resultant magnetic isosurfaces from the computer modelled 3D inversion, and historic drill results (Cu assay, ppm) is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1fa0d39e-da7c-47b8 .... A majority of drilling at the Star target tested the volume between two magnetic anomalies.

The review yielded magnetic filter products that clearly show variable magnetic intensity in bedrock at the main target areas on the property (i.e., Star and Star East; see Figure 1), as well as a sub-surface view of magnetic anomalies for geologic interpretation (see Figure 2). Anomalous magnetic stock-shaped features are present at each of the seven target areas. In addition to these anomalous features, a magnetic anomaly southeast of the Copper Creek occurrence has also been noted for follow-up surface exploration.