REG - Castillo Copper Ltd - Retraction of ASX release

Castillo CopperAnnouncement

24/07/2023 07:00

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RNS Number : 8772G  Castillo Copper Limited  24 July 2023

24 July 2023

 

 

CASTILLO COPPER LIMITED

("Castillo", or the "Company")

 

Retraction of ASX release

 

Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily
focused on copper across Australia and Zambia, has issued a retraction on the
ASX for the announcement titled "Initial pit optimisation delivers A$28m NPV
for Big One" on 13 July 2023.

 

The full text of the retraction can be seen below and on the Company's website
at: https://castillocopper.com/investors/announcements/
(https://castillocopper.com/investors/announcements/)

 

Castillo Copper Limited (ASX: CCZ or the Company) released an announcement
titled "Initial pit optimisation delivers A$28m NPV for Big One"
(Announcement) on 13 July 2023.

Following discussions with ASX, the Company retracts the Announcement.

This information is not consistent with ASX Listing Rules 5.16.6 as the
Company has based its productions targets in the Announcement on an inferred
resource.

As a consequence of the retraction of the Announcement, the Company advises
that investors should not rely on the retracted Announcement for their
investment decisions.

 

 

For further information, please contact:

 

 Castillo Copper Limited                                             +61 8 6558 0886 
 Dr Dennis Jensen (Australia), Managing Director                      

 Gerrard Hall (UK), Chairman 
                                                                      
 SI Capital Limited (Financial Adviser and Corporate Broker)         +44 (0)1483 413500 
 Nick Emerson                                                          
                                                                       
 Gracechurch Group (Financial PR)                                    +44 (0)20 4582 3500
 Harry Chathli, Alexis Gore, Henry Gamble                             

 

About Castillo Copper

 

Castillo Copper Limited is an Australian-based explorer primarily focused on
copper across Australia and Zambia. The group is embarking on a strategic
transformation to morph into a mid-tier copper group underpinned by its core
projects: 

 

·    A large footprint in the Mt Isa copper-belt district, north-west
Queensland, which delivers significant exploration upside through having
several high-grade targets and a sizeable untested anomaly within its
boundaries in a copper-rich region. 

·    Four high-quality prospective assets across Zambia's copper-belt which
is the second largest copper producer in Africa. 

·    A large tenure footprint proximal to Broken Hill's world-class deposit
that is prospective for zinc-silver-lead-copper-gold and platinoids.  

·    Cangai Copper Mine in northern New South Wales, which is one of
Australia's highest grading historic copper mines. 

 

The group is listed on the LSE and ASX under the ticker "CCZ." 

 

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