Seven New Copper Targets Emerge as Up to 6000-Meter Drill Program Takes Shape

Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCQX) reported that continuing geological and exploration work defined seven additional targets across the Getty project in the Highland Valley district, expanding the company's exploration pipeline beyond the Getty North and Getty South resource targets.

The company also submitted a new mineral claim application covering approximately 1,805 hectares, further expanding its land position. Multiple targets are considered drill-ready for Getty Copper's planned 4,000- to 6,000-meter fall drilling program, while assays remain pending from 16 holes completed during the 2026 spring drilling program.

"In 2026, we have two aims: to modernize the historical mineral resource at Getty North and Getty South, and to explore for new porphyry deposits," Chief Executive Officer Ryan O'Regan said in a company news release. "Today's update significantly expands Getty's exploration pipeline by defining seven priority exploration targets ranging from open copper intercepts to undrilled geochemical and geophysical targets."

At Getty West, relogging of historical drill hole GN96-08 showed 42 meters of 0.26% copper and 126 ppm molybdenum, including 22 meters of 0.35% copper and 148 ppm molybdenum. The mineralization consists of disseminated chalcopyrite and molybdenite within a series of porphyry intrusions and is located on the fringe of a significant IP chargeability anomaly that projects beneath post-mineral volcanic rocks.

Dike Swarm is an overburden-covered, undrilled area within a broad IP anomaly extending southeast from the Getty North deposit. Historical drilling along the flank of the one-kilometer-long target showed propylitic and weak sericitic alteration commonly associated with anomalous copper values in the hundreds of ppm range.

The Bark and Bite targets consist of large zones of anomalous copper in pine bark samples beneath postmineral cover. Similar bark biogeochemical anomalies are associated with the Getty North and Getty South deposits, while projected mineralization trends and structural features also contribute to the targets.

Woods Creek consists of an overburden-covered IP chargeability anomaly and a magnetic low extending more than two kilometers. Widely spaced historical drill holes around the anomaly encountered abundant disseminated pyrite.

North Glossie is another overburden-covered area with a coincident IP anomaly and magnetic low. The company reported subtle anomalous copper in soil down-ice and copper oxides mapped in nearby bedrock. No historical drilling has been completed in the immediate target area.

At Lux, localized copper-in-soil anomalies coincide with narrow intercepts of copper mineralization in historical drill holes. Glacial overburden covers the potential source area up-ice, which remains unexplored. Getty Copper submitted a new mineral claim application covering the area.

The company uses geological, geochemical, and geophysical datasets to define exploration drill targets across the project. These include outcropping alteration and mineralization, projections of known mineralized trends, soil and bark geochemical anomalies, IP chargeability highs, relative magnetic lows, and conductivity patterns. Historical passive seismic and gravity surveys also provide information on the depth of overburden and cover rocks for target prioritization.

Exploration drilling is also being considered at the nearby Dot property, subject to completion of applicable drill permitting. Getty Copper is additionally considering drilling to evaluate potential extensions of known mineralization at Getty North and Getty South, pending interpretation of outstanding assay results.

Assays remain pending for three additional holes from Getty North and 13 holes from Getty South completed during the 2026 spring drilling program. The results, together with continuing geological modeling, are intended to inform target prioritization and planning for the next phase of drilling.

Copper Market Reflects Tightening Supply and Stronger Year-Over-Year Prices

According to an August 25 Reuters report, copper prices had approached record levels as concerns over potential U.S. import tariffs altered the distribution of inventories. Three-month copper on the London Metal Exchange had risen as high as US$14,343 per metric ton, compared with the record of US$14,527.50, after orders were placed to withdraw 65,400 tons of metal from LME warehouses.

Reuters reported that analysts had attributed the rally to a shortage of copper available outside the United States rather than a global shortage. Copper remained critical to power grids, electric vehicles, and AI data centers, while higher U.S. prices had encouraged traders to move metal into COMEX warehouses ahead of a potential tariff on refined copper.

Robert Edwards, principal copper analyst at CRU, said the tariff threat had changed what otherwise would have been a surplus market into "at best a balanced market" if copper stockpiled in the United States was considered unavailable. "If (U.S.) imports keep coming in as they have been, then it's going to look like a deficit market in reality," Edwards told Reuters.

The report also cited low inventories, mine disruptions, and a smelter outage as factors that had tightened the market. Amelia Fu, head of commodities market strategy at Bank of China International, said, "We could see new record highs in copper prices in the coming weeks or months."

An August 30 report in The Weekly Finger also focused on copper supply conditions. Citing Q2 copper production data from Benchmark Minerals covering the top 25 producers, the report said most of the top 10 producers had recorded declining year-over-year production, while the broader trend among the largest producers had been downward as demand accelerated.

The Weekly Finger also cited analysis from Lukas Ekwueme showing that Chile produced 24% of the world's copper and that production there was expected to peak in 2027. The report connected copper demand with AI infrastructure development and U.S. manufacturing reshoring. Ekwueme summarized his assessment by stating, "We don't own enough copper for what's coming."

The August 30 report additionally cited data from Azuria Capital showing median profit margins of 31% among the top 20 precious and base metals miners, compared with 17% for both the financial and technology sectors of the S&P 500. The Weekly Finger characterized the copper market as "staring down a supply cliff" while discussing production trends among major producers.

By August 31, Trading Economics reported copper at US$6.5686 per pound, up 45.61% over the preceding year and 0.86% over the preceding month. Copper futures had eased to around US$6.55 per pound after four consecutive declining sessions as the U.S. dollar strengthened.

Trading Economics reported that some indications of supply pressure had eased, including a narrowing premium for spot copper over three-month futures and increased metal deliveries into LME inventories. However, copper shipments had continued to be diverted toward the United States ahead of potential import tariffs, while mining disruptions in Indonesia, Congo, and Chile had contributed to supply concerns.

Trading Economics described copper as "one of the most widely used industrial metals in the world" and said it had been "closely monitored as a barometer of global economic activity." The source said copper had played a critical role in construction, electronics, power generation, and renewable energy systems.

Experts See Broader Exploration Story Taking Shape

In an August 27 update, The Paydirt Prospector's Jeff Clark, Daniel Flynn, and Sharyn Alexander said Getty Copper's latest exploration work had broadened the story beyond the Getty North and Getty South resource areas.

The experts pointed to the seven newly defined exploration targets and the submission of a mineral claim application covering approximately 1,805 hectares, noting that several of the targets were considered drill-ready and could be tested during the company's fully funded fall drilling program.

"Until now, most of the attention has been on Getty North and Getty South, where the historical resource sits," they wrote. "But this update widens the story."

Clark, Flynn, and Alexander said the new targets suggested Getty could have additional areas to explore beyond the known resource areas, while cautioning that drilling would be required to establish their significance. "They still need to be proven with the drill bit; targets are targets until drilling says otherwise," the report said.

The experts also highlighted the 16 pending assays from the spring program and Getty's planned 4,000- to 6,000-meter fall drilling program, which was expected to test several of the new targets alongside possible extensions of known mineralization.

The Gold Advisor maintained a "Strong Buy" recommendation on Getty Copper. The report said the work at Getty North and Getty South could strengthen what the authors described as the company's "takeout narrative" if it resulted in a larger, higher-confidence modern resource, while the newly identified targets had added "a broader district-scale exploration angle on top."

Drilling, Resource Work, and Exploration Set the Next Stages

Getty Copper's July 2026 corporate presentation outlined a 2026 drilling program divided between 8,000 to 10,000 meters of resource-focused drilling and 4,000 to 6,000 meters of exploration drilling, for a total 2026 program of 12,000 to 16,000 meters.

The resource drilling objectives included testing deeper deposit extensions interpreted from relogging, improving geological and alteration modeling, laying the foundation for a geometallurgical model, and updating the resource at Getty North and Getty South. The exploration portion was directed toward building modern resource datasets and models, collecting new data, and refining drill targets in known and emerging areas, including Getty West, Bark, and Dot Matrix. The presentation placed the exploration drilling campaign in the second half of 2026.

At Getty South, the presentation identified the Trojan Zone as the initial drilling target. Planned holes were designed to test down-plunge from higher-grade copper and the core of an IP anomaly. Historical information presented for the area included a deepest intersection of 39 meters at 0.8% copper, 135 meters below surface. The presentation also stated that most historical holes had no assays or only partial sampling, and that the core had been lost.

Getty Copper's broader exploration work included continuing data integration and target prioritization. The presentation described partial coverage by historical datasets requiring fresh interpretation and identified areas of glacial till and thin volcanic cover, along with bark biogeochemical anomalies along the Lornex fault and the Bark target. It also identified IP, magnetics, Mobile MT, ground AMT, and gravity as geophysical datasets to be fully compiled.

The presentation's district target pipeline included Getty West, Bark, Glossie, and other anomalies. Getty West was associated with a historical 1996 hole that returned 34 meters grading 0.29% copper and 0.02% molybdenum, and had not been followed up. The presentation also identified copper and molybdenum soil anomalies, a five-kilometer-long Glossie trend associated with a historical underground mine, pine bark biogeochemistry targets, and numerous IP geophysical anomalies.

Dot Matrix was identified as an additional exploration target. The 846-hectare claim is located 25 kilometers southeast of the Getty mineral claims and contains a historical, non-NI 43-101-compliant indicated resource estimate. Historical intercepts listed in the presentation included 30.2 meters at 1.32% copper, 27.4 meters at 2.58% copper, and 76.2 meters at 0.91% copper. The historical core was destroyed, and the presentation stated that modern drilling is required.

Getty Copper's 24-month strategic plan placed the fall 2026 exploration-focused drilling program at 4,000 to 6,000 meters. For 2027, the plan called for completion of resource drilling and updated studies in the first quarter, continued drilling of exploration targets in the second quarter, assessment of toll-milling versus standalone development in the second half, and advancement of a permitting strategy during the second half.

The presentation also outlined four 2026 capital priorities. Exploration drilling was directed toward expanding and discovering copper mineralization, while technical work was intended to refine targets and support future resource growth. ESG and community work were directed toward responsible project development, and the company's corporate discipline objective was to maintain a lean cost structure. The presentation described the 2026 program as fully funded.

Streetwise Ownership Overview*

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

Restructures

Date	Old Symbol	Old Shares	New Symbol	New Shares
07/02/26	GTC:TSX.V	5	GTC:TSX.V	1
03/10/03	GTYCF:OTCMKTS	1	GTCDF:OTCMKTS	1
03/07/03	GTY:TSXV	2	GTC:TSXV	1

^*Share Structure as of 8/31/2026

Getty Copper graduated to the OTCQX on August 6, 2026.

Ownership & Share Information¹

Getty Copper Inc. has a market cap of CA$66.24 million, with 73.09 million shares outstanding. The company's 52-week range is CA$0.50-CA$1.40. Institutions own 6.28% of shares, while Management & Insiders own 29.28%. The remaining 64.44% of shares are Retail.

Frequently Asked Questions

What is Getty Copper Inc. exploring at the Getty project in British Columbia?

Getty Copper Inc. is exploring for porphyry copper deposits across its Getty project in British Columbia's Highland Valley district. The company's geological and exploration work defined seven additional exploration targets beyond the Getty North and Getty South resource targets, including Getty West, Dike Swarm, Bark, Bite, Woods Creek, North Glossie and Lux.

What are Getty Copper's seven new copper exploration targets?

The seven targets are Getty West, Dike Swarm, Bark, Bite, Woods Creek, North Glossie and Lux. The targets were identified using geological, geochemical and geophysical information, including historical copper intercepts, IP chargeability anomalies, magnetic lows, soil and bark geochemistry, mapped mineralization and projected mineralized trends.

When will Getty Copper begin its fall 2026 drilling program?

Getty Copper said it had initiated planning for a fully financed fall 2026 drilling program of approximately 4,000 to 6,000 meters, planned to commence in October. The program was expected to test selected exploration targets and could include drilling to evaluate potential extensions of known mineralization at Getty North and Getty South.

What assay results are pending from Getty Copper's 2026 drilling program?

Assay results remained pending for 16 holes completed during Getty Copper's spring 2026 drilling program. These consisted of three additional holes from Getty North and 13 holes from Getty South. The company said the results, together with continuing geological modeling, would help inform target prioritization and planning for the next phase of drilling.

What historical copper results were reported at the Getty West target?

Relogging of historical drill hole GN96-08 at Getty West showed 42 meters of 0.26% copper and 126 ppm molybdenum, including 22 meters of 0.35% copper and 148 ppm molybdenum. The mineralization consisted of disseminated chalcopyrite and molybdenite within a series of porphyry intrusions.

What is Getty Copper doing at the Getty North and Getty South deposits?

Getty Copper identified two aims for 2026: modernizing the historical mineral resource at Getty North and Getty South and exploring for new porphyry deposits. Its drilling objectives included testing deeper deposit extensions, improving geological and alteration modeling, laying the foundation for a geometallurgical model, and updating the resource at Getty North and Getty South.

What is the Dot property in Getty Copper's exploration plans?

Getty Copper was continuing permitting and drill targeting at its nearby Dot property in the Highland Valley district. Exploration drilling was being considered, subject to completion of applicable drill permitting. The company's July corporate presentation described the Dot Matrix target as an 846-hectare claim located 25 kilometers southeast of the Getty mineral claims and reported historical intercepts including 30.2 meters at 1.32% copper, 27.4 meters at 2.58% copper, and 76.2 meters at 0.91% copper.

How has the copper price performed over the past year?

Trading Economics reported copper at US$6.5686 per pound on August 31, representing a 45.61% increase over the preceding year and a 0.86% increase over the preceding month. The source described copper as "one of the most widely used industrial metals in the world" and cited its role in construction, electronics, power generation, and renewable energy systems.

What factors were affecting the copper market in August?

Reuters reported on August 25 that copper prices had approached record levels as potential U.S. import tariffs affected the distribution of inventories. The report cited copper movements into U.S. warehouses, tighter supplies elsewhere, low stocks, mine disruptions, and a smelter outage among factors affecting the market. Trading Economics subsequently reported that mining disruptions in Indonesia, Congo, and Chile had contributed to supply concerns.

Why is copper important to power grids, AI data centers, and electrification?

Reuters described copper as critical for power grids, electric vehicles, and AI data centers. Trading Economics separately stated that copper played a critical role in construction, electronics, power generation, and renewable energy systems

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