Vancouver, British Columbia–(Newsfile Corp. – March 27, 2025) – Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) (“Canada One” or the “Company”) is pleased to announce an expansion of its land holdings at the Copper Dome Project (the “Project” or “Property”), Princeton, British Columbia.
The new claim group, consisting of 1,728 hectares and termed Copper Dome East, was staked by the Company and is contiguous to the Copper Dome Project. The area will be explored for porphyry copper and molybdenum mineralization.
The staking covers an area where historical fieldwork identified two significant mobile metal ion (MMI) anomalies. The first, a copper-silver anomaly approximately 2900 metres long by 1300 to 1900 metres wide, oriented in a northwest-southwest direction. The second, a molybdenum anomaly approximately 2100 metres long by 400 to 900 metres wide, oriented in a north/northwest to south/southwest direction.
The size of the land position at Copper Dome has now increased to 7,997 hectares.
The Company’s near-term focus continues to be the Boundary Zone located immediately south of Copper Mountain Mine and 1.5kms from the mine’s super pit. The Company is in the process of receiving its drill permit, which it anticipates shortly.
About Canada One
Canada One is a premier resource exploration company operating in Canada. From exploration to discovery to resource development, the Company is focused on creating growth and generating value for its investors and communities as it meets the growing global demand for critical metals. Copper Dome is the Company’s flagship project with its northern border situated 1.5kms from Hudbay Mineral’s Copper Mountain Mine deposits.
About the Copper Dome Project
The Project lies within the lower portion of the Quesnel Trough porphyry belt, a well-established mining district. The belt extends north from the Copper Mountain Mine, through the Elk, Brenda, Craigmont, Highland Valley, and New Afton mines. Previous drilling on the property has confirmed the presence of high-grade copper associated with northeast running geological structures similar to those seen at the Copper Mountain Mine:
Past exploration has identified the presence of palladium (Pd), platinum (Pt) and gold (Au) mineralization on the PropertyMultiple zones of mineralization have been discovered on the Property to dateExcellent infrastructure provides year-round access with low-cost exploration and low jurisdictional riskPast exploration includes, airborne magnetics flown over the entire Project, 51km of induced polarization (IP) surveyed over areas of interest, Airborne Magnetics and electro-magnetics (EM) surveyed over half of the Project area, 2,253 soil and 378 rock samples collected, over 8900m of diamond drilling and over 1km of trenching
Forward-Looking Statements
This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press release relate to, among other things: statements relating to the anticipated timing thereof and the intended use of proceeds. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of the referenced assessments and analysis. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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