TSX. V: COCO
VANCOUVER, BC, April 11,
2022 /CNW/ - Coast Copper Corp. ("Coast Copper" or
the "Company"); (TSXV: COCO) has acquired, through staking the
Shovelnose South property (the "Property") located in
south-central British Columbia,
within the Spences Bridge
geological belt which hosts epithermal gold and silver
mineralization, including the Shovelnose deposit, owned by
Westhaven Gold Corp., located approximately 45 kilometers
("km") northwest of the Property. See Figure 1. The
Shovelnose South property is approximately 50 km south of Coast
Copper's Home Brew Property.
![COCO NR2022-08 Figure 1 (CNW Group/Coast Copper Corp.) COCO NR2022-08 Figure 1 (CNW Group/Coast Copper Corp.)](https://mma.prnewswire.com/media/1794617/Coast_Copper_Corp__Coast_Copper_Acquires_the_Shovelnose_South_Pr.jpg)
Adam Travis, Coast Copper CEO
comments, "We are very pleased that we were able to stake the
Shovelnose South property, which is located within the Spences Bridge belt on trend of the new
discoveries by Westhaven Gold. This area is easily accessible
throughout a network of logging roads and can be explored for most
of the year. I am excited to be able to add this greenfield
property to Coast Copper's portfolio, which we can explore while
awaiting results from our Empire Mine property."
About Coast Copper
Corp.
Coast Copper's exploration focus is the optioned Empire Mine
property, located on northern Vancouver Island, BC, which covers
three historical open pit mines and two past-producing underground
mines that yielded iron, copper, gold and silver. Coast Copper's
other properties include its 100% owned Eldorado, Gin and Bonanza properties located
in BC's prolific Golden Triangle district which are adjacent to
Newcrest Mining Limited's and Imperial Metals Corporation's
Red Chris Mine, its Knob Hill NW
Property located on northern Vancouver Island and its 100% owned
Sterling and Home Brew properties which are located in central BC.
Coast Copper's management team continues to review precious and
base metals opportunities in western North America.
On Behalf of the Board of Directors:
"Adam
Travis"
Adam Travis, Chief
Executive Officer and Director
NR22-08
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING INFORMATION
Certain information contained or incorporated by reference in
this press release, including any information regarding the
proposed Transaction, private placement, board and management
changes, as to our strategy, projects, plans or
future financial or operating performance, constitutes
"forward-looking statements." All statements, other than statements
of historical fact, are to be considered forward-looking
statements. Forward-looking statements are necessarily based on a
number of estimates and assumptions that, while considered
reasonable by Coast Copper, are inherently subject to significant
business, economic, geological and competitive uncertainties and
contingencies. Although Coast Copper believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance. Known and unknown factors could cause actual
results to differ materially from those projected in the
forward-looking statements. Such factors include but are not
limited to: fluctuations in market prices, exploration and
exploitation successes, continued availability of capital and
financing, changes in national and local government legislation,
taxation, controls, regulations, expropriation or nationalization
of property and general political, economic, market or business
conditions. Many of these uncertainties and contingencies can
affect our actual results and could cause actual results to differ
materially from those expressed or implied in any forward-looking
statements made by, or on behalf of, us. Readers are cautioned that
forward-looking statements are not guarantees of future performance
and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. All of the forward-looking statements made
in this press release, or incorporated by reference, are qualified
by these cautionary statements. We do not assume any obligation to
update any forward-looking statements.
SOURCE Coast Copper Corp.