Cordoba Minerals Announces 2026 Exploration Program at the Perseverance Copper Project in Arizona

2026 Exploration Program to Test for Potential Supergene Enrichment
Below the Depths of Existing Drill Holes

The Perseverance Copper Project Is a 51/49 Joint Venture
Between Cordoba and Bell Copper Corporation

Vancouver, British Columbia--(Newsfile Corp. - June 8, 2026) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba" or the "Company") Interim Chief Executive Officer Quentin Markin is pleased to announce that Cordoba and its joint venture partner, Bell Copper Corporation (TSXV: BCU) (OTCQB: BCUFF) ("Bell Copper"), have approved a 2026 exploration program of 1700m of drilling at the Perseverance Copper Project in Arizona, USA. Cordoba is also confirming today that its earn-in at the Perseverance Copper Project has ended without Cordoba earning an additional interest, meaning the Project is a 51/49 joint venture with Bell Copper.

Cordoba's Interim Chief Executive Officer, Quentin Markin, commented, "With the successful closing of the Alacrán sale now behind us, we are turning our attention to identifying new opportunities for Cordoba while also moving forward with Perseverance. This year's program will deepen 3 existing drill holes that show the potential for supergene copper enrichment. The three holes were stopped in hematite, goethite-rich, 'leached cap' rocks beneath a young, 20-million-year-old basalt flow covering Proterozoic and Laramide basement rocks. In Arizona this is indicative for the potential for copper-rich chalcocite replacing pyrite and chalcopyrite below the leached cap rock. Our goal is to identify the potential for a high-grade copper deposit at Perseverance that can be mined by similar underground mining methods to the Santa Cruz deposit that is currently being developed by Cordoba's majority shareholder, Ivanhoe Electric Inc., at Casa Grande south of Phoenix."

The Perseverance Copper Project is located in Arizona's Copper Triangle, a Tier 1 jurisdiction with major copper deposits and mines. The Project is located 50 miles north northwest of Freeport McMoRan's Bagdad Copper Mine, approximately 19 miles southeast of Kingman, Arizona, and 150 miles northwest of Phoenix, with a land package comprising more than 19,000 acres.

Figure 1: Location of the Perseverance Copper Project, Arizona

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The 2026 Exploration Program at Perseverance will test the Potential for Supergene Enrichment at Depth

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