Strike Copper Corp. Announces an MOU with the Lac des Mille Lacs First Nations

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Toronto, Ontario–(Newsfile Corp. – October 20, 2022) – Strike Copper Corp. (“SCC” or the “Company”) is pleased to announce that on June 17th the Company signed a Memorandum of Understanding (“MOU”) with the Lac des Mille Lacs First Nation regarding SCC’s Sungold property located in the historically prolific Shebandowan Greenstone Belt. This mutually beneficial MOU allows the parties to have friendly, on-going and open communication regarding the advancement of their respective exploration plans based on their recognition of and deep respect for Lac des Mille Lacs’ treaty and aboriginal rights.

Charles Elbourne, President and CEO of SCC stated that, “The execution of an MOU with the Lac des Mille Lacs First Nation is an important step for the Company and we look forward to working closely with Lac des Mille Lacs to develop and implement our exploration plans in Shebandowan.”

About Strike Copper Corp.

Strike Copper Corp. (“SCC”) is a junior resource Exploration Company currently focused on defining and monetizing the resource potential of its Sungold property in the historic Shebandowan Greenstone Belt just 85 km west of Thunder Bay in Northwestern Ontario. For further information on the Company, please visit www.strikecopper.com.

ON BEHALF OF THE BOARD,

Charles J. Elbourne,
President & CEO

For further information, please contact:
Charles J. Elbourne, President & CEO,
Strike Copper Corp.
82 Richmond St. E. Suite 401
Toronto, ON M5C 1P1
C: 416-315-6490 | O: 647-350-6122
Email: [email protected]

Cautionary Note Regarding Forward-Looking Statements and Information

This release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements in this press release include, but are not limited to, statements regarding the timing and amount of estimated future exploration and success of such exploration activities. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “schedule”, “estimates”, “forecasts”, “intends”, “continue”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results, performance or achievements of Strike Copper Corp. to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Strike Copper Corp. will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, availability of sufficient financial and other resources in order to complete anticipated exploration work on Strike Copper Corp.’s properties; currency fluctuations; the global economic climate; and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Strike Copper Corp. to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact the COVID 19 pandemic may have on Strike Copper Corp.’s activities and the economy in general; the impact of the recovery post COVID 19 pandemic and its impact on precious metals; risks and uncertainties inherent to any mineral exploration program; receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future gold and other metal prices; accidents, labour disputes and shortages; environmental risks and other risks of the mining industry. Although Strike Copper Corp. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Strike Copper Corp. does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141337