Universal Copper Receives Poplar Exploration Permit for a Further Five Years - Seite 2

3. Technical Report on the Main Zone Optimization Huckleberry Mine, Omenica MIning Division, British Columbia. Prepared for Huckleberry Mines Ltd. and Imperial Metals Corp. by K. Christensen, G.R. Connaughton and P. Ogryzolo dated 2011-Sep-01 and Amended 2016-May-11.

4. Technical Report and Updated Mineral Resource Estimate of the Silver Queen Property, Omenica Mining Division, British Columbia. Prepared for Equity Metals COrporation by W. Stone, F.H. Brown, A, Yassa, G. Kirkham, J. Barry, J. Hutter, A.R. Barnes and E. Puritch dated 2023-Jan-16.

5. Sun Summit Drills 31.6 G/T Gold Over 4.0 Metres Including 246 G/T Gold Over 0.5 Metres In The Trench Zone And 1.07 G/T Gold Over 109 Metres Including 7.17 G/T Gold Over 5.2 Metres In The Horseshoe Zone; Buck Property, Central BC. Sun Summit Minerals Inc. News Release dated 2021-May-11.

Investors are cautioned mineral resources, which are not mineral reserves, do not have demonstrated economic viability.

About Poplar

The 61,566-hectare Poplar Project hosts a current undiluted indicated mineral resource of 152.3 million tonnes grading 0.32 per cent copper, 0.009 per cent molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tonnes grading 0.29 per cent copper, 0.005 per cent molybdenum, 0.07 g/t gold and 4.95 g/t silver. The mineral resource estimate has a cut-off grade of 0.20% copper. Universal Copper cautions investors mineral resources, which are not mineral reserves, do not have demonstrated economic viability.

Poplar lies in a historic mining region, located 35km from the Huckleberry Mine and 42km from Equity Silver Mine, where low snowfalls will allow year-round work. The road accessible property is bisected by a 138 Kva Hydro electric line and lies 88km from the rail head at Houston and 400km from the deep-water port at Prince Rupert by rail.

Qualified Person

The technical content of this New Release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC) a member of the Company’s Advisory Board and a Qualified Person under National Instrument 43-101.

About Universal Copper

Universal Copper Ltd. is a Canadian-based copper exploration company focused on the acquisition and exploration of copper properties. The Company's management team has many years of experience in exploration, finance, and efficient public company management. Universal's current focus is on advancing the Poplar Copper Project, one of the most advanced pre-production copper projects in British Columbia with a historic 43-101 resource.