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Highland Copper Company Inc.

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Summary

Project:

White Pine North

Deposit:White Pine North
Location:United States
Commodities:Copper-Silver
Date:9/23/2019
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:23-9-2019: Highland Copper Company Inc. announces a PEA report for its White Pine North deposit at the White Pine North project. PEA results incl. post-tax NPV (8%) of $416M, IRR of 16.8%. September 23, 2019 – Longueuil, Québec. Highland Copper Company In
Resources:(Resource): 133.4Mt @ 1.07% Cu, 14.9g/t Ag (Ind) and 97.2Mt @ 1.03% Cu, 8.7g/t Ag (Inf)
CP/QP:[Resources]: Rejean Sirois (G Mining Services Inc.)
ABSTRACT:September 23, 2019 – Longueuil, Québec. Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (“Highland” or the “Company”) announces results of a preliminary economic assessment ("PEA") and a mineral resource estimate for the White Pine North Copper Project (the “Project”) located in the historical copper range district of the Upper Peninsula of Michigan, U.S.A. The PEA provides a base case assessment of mining the mineral resources of the White Pine Project. The PEA considers White Pine North as a stand-alone project and utilizes existing infrastructure to minimize initial capital expenditures. The Project is the extension of the historical White Pine mine which operated from 1953 to 1995. The PEA was prepared in connection with the Company’s ongoing strategic review process. The PEA and mineral resource estimate have been prepared by G Mining Services Inc. (“GMSI”).

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