342-Meter Copper Hit Leads Off Drill Program With 11 More Results Still to Come

Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCMKTS) reported the first assay results from its 2026 exploration program at the Getty project in British Columbia's Highland Valley district. The company said the current program is designed to support a future resource estimate and potentially expand the Getty North porphyry copper deposit.

The first three drill holes from the program returned the following results:

Hole GN26-01, a resource confirmation hole, intersected 342 meters grading 0.50% copper, 87 parts per million molybdenum, and 0.8 gram per tonne silver from a depth of nine meters. Within that interval, the hole returned 108 meters grading 0.70% copper from 12 meters and 135 meters grading 0.55% copper from 186 meters.

Hole GN26-03, drilled as an expansion hole, intersected 170.8 meters grading 0.24% copper, 50 parts per million molybdenum, and 0.3 gram per tonne silver from 408.2 meters downhole. The interval included 45.9 meters grading 0.40% copper.

Hole GN26-04, another resource confirmation hole, intersected 278 meters grading 0.38% copper, 46 parts per million molybdenum, and 0.4 gram per tonne silver from a depth of 22 meters. Within that interval, the hole returned 150 meters grading 0.51% copper from 66 meters.

Chief executive officer Ryan O'Regan said in the company's news release: "These initial results from Getty North highlight the potential of our Highland Valley district claim package. Our near-term focus is improving the data quality for Getty North for a future resource and seeking to expand the size of the deposit."

The company said holes GN26-01 and GN26-04 are the first of eight planned resource confirmation holes intended to collect a multielement assay suite and support the upgrade of the historical resource estimate to a modern standard. Getty stated that the holes intersected grades and widths consistent with expectations based on historical drilling data.

GN26-03 was drilled as a more than 65-meter downplunge stepout beneath historical drilling and, according to the company, indicates the continuation of mineralization at depth. Getty said the deposit remains open downplunge.

Getty reported that 14 holes have been completed at Getty North to date. An additional 11 holes totaling 7,377 meters have been completed, with assay results and/or QA/QC review still pending. Drilling is also continuing at Getty South.

At the company's annual general and special meeting on June 9, 2026, shareholders approved a share consolidation at a ratio of one postconsolidation common share for up to five preconsolidation common shares. Getty said it expects to announce the effective date of the consolidation shortly. Shareholders also approved a new omnibus equity incentive plan, which remains subject to final acceptance by the TSX Venture Exchange.

Copper Remains in Focus as Trade Policy and Technology Demand Shape the Market

According to a June 19 report from Bloomberg News, the global copper market remained focused on a pending U.S. decision regarding tariffs on refined copper imports. Bloomberg reported that "the biggest question in the global copper market right now is whether U.S. President Donald Trump will move ahead with tariffs on refined copper." The report stated that traders were awaiting a Commerce Secretary review expected at the end of June and were evaluating how potential tariff decisions could affect trade flows, inventories, and prices.

Nicole Ni, vice general manager at Eagle Metal International Pte, told Bloomberg that "this policy has a significant impact on copper prices." The report noted that copper had increasingly been viewed as a strategic commodity, with market participants assessing the potential implications of tariff policy on supply chains and manufacturing.

Bloomberg also cited David Wilson, senior metals strategist at BNP Paribas SA, who said, "Logically, it doesn't make sense to tariff a raw material because you can't suddenly spur new supply that way." The report added that analysts and traders continued to monitor the potential impact of policy decisions on global copper flows and pricing.

Michael Ballanger of GGM Advisory wrote on June 23 that copper had continued to outperform many other metals during the year. He stated that the metal was "up 11.75% year-to-date" and had recorded "two subsequent record highs" after its January peak. Ballanger wrote that copper was "still attracting all kinds of speculative interest across the globe" and said that "copper reigns supreme in every aspect of the supply-demand metric."

Ballanger also pointed to the role of copper in expanding technology infrastructure, writing that "there could never have been a data-center buildout without a massive increase in the production of copper." He further stated that "there is no other metal that comes close to matching copper's unstoppable trend to insatiable demand," citing its broad use throughout the modern economy.

A June 24 report by Mia Nurmamat in the South China Morning Post examined copper's growing strategic importance in global supply chains. The report described copper as "one of the most vital commodities of the 21st century," noting its use in "the servers, systems and cooling infrastructure that support artificial intelligence" as well as batteries for electric vehicles and electronics used in modern defense systems.

The report also highlighted concerns about concentration within the global copper processing industry. Citing a White House statement, the article noted that "a single foreign producer dominates global copper smelting and refining, controlling over 50% of global smelting capacity and holding four of the top five largest refining facilities."

Recent commentary and reporting reflected continued attention on copper's role in technology infrastructure, energy systems, and industrial supply chains, while policy developments and trade discussions remained a focus across the global market.

Why Geologists Are Taking Another Look at This Copper System

In a June 18 commentary, Jeff Clark and Daniel Flynn of Paydirt Prospector discussed Getty Copper and its exploration activities in British Columbia's Highland Valley district. The authors described the company as a "revitalized copper explorer" that had secured ground in what they called "one of the best copper districts in Canada." They noted that the area had seen "very little modern exploration" and referenced a historical indicated resource of 114 million tonnes grading 0.37% copper.

Clark and Flynn wrote that drilling was underway with a planned total of 12,000 to 16,000 meters during 2026 and stated that the company was fully funded for its planned work program. They also noted that first assay results were expected shortly and described the current campaign as "the first material work program here in over 30 years."

The commentary referenced historical studies completed on the property, including a prefeasibility study that reported 114.4 million tonnes indicated at 0.37% copper, 41.7 million tonnes inferred at 0.28% copper, and 86.6 million tonnes of probable reserves grading 0.40% copper. According to the authors, the focus of the current program was to confirm and upgrade the historical work.

The report also included an assessment from geologist Sharyn Alexander, who described the project as "not a grassroots copper story" but rather "a known porphyry copper system in a proven district." Alexander wrote that the project was being re-examined using modern exploration methods and what she characterized as "a much more aggressive drill program than the project has seen in decades."

Alexander stated that the project's historical resource provided scale but said the more important geological question was "what the older work may have missed." She noted that much of the historical drilling had been completed before the use of modern multi-element geochemistry, three-dimensional modeling, and current interpretations of porphyry alteration and mineralization patterns.

Discussing the Getty North area, Alexander wrote that drilling was testing whether copper-molybdenum mineralization continued down plunge below the known deposit. She also noted that a 2024 stepout hole had returned "a broad copper interval," which she said supported the interpretation that the system remained open.

Regarding Getty South, Alexander wrote that the company was targeting higher-grade breccia-hosted copper mineralization around the historical Trojan Zone. She cited historical near-surface copper intercepts and an induced polarization chargeability anomaly that, according to her commentary, appeared to strengthen at depth.

Alexander concluded that the key question for investors was "whether modern drilling can show that Getty is larger, better zoned, and more geologically compelling than the historical work suggested."

2026 Drill Program Advances Across Getty Project

Getty plans to complete between 12,000 and 16,000 meters of drilling during 2026. The program includes 8,000 to 10,000 meters focused on drilling objectives and 4,000 to 6,000 meters directed toward exploration objectives.

Streetwise Ownership Overview*

Getty Copper Inc. (GTC:TSX.V;GTCDF:OTCMKTS)

Restructures

Date	Old Symbol	Old Shares	New Symbol	New Shares
03/07/03	GTY	2	GTC	1

^*Share Structure as of 6/24/2026

According to the company's June 2026 corporate presentation, the drilling program is intended to test deeper deposit extensions interpreted from recent relogging, improve geological and alteration modeling, lay the foundation for a geometallurgical model, and support resource updates at Getty North and Getty South.

The presentation also outlines exploration work aimed at building modern resource datasets and models, collecting new data, and targeting drilling in known and emerging areas, including Getty West, Bark, and Dot Matrix. The company also identified an exploration drilling campaign planned for the second half of 2026.

Getty's June presentation states that the property covers approximately 24,000 hectares and includes the Getty North and Getty South deposits. The company noted that Getty North remains the primary resource target, while work is also underway at Getty South, where a drill targeting review is ongoing.

The company said assay results from the ongoing drilling program are expected to be received throughout the summer.