TSX.V UNV

FSE 3TA2

Powering The New Millennium

Universal Copper Ltd. is a Canadian-based copper exploration company focused on the acquisition and exploration of copper properties.

Our objective is to build shareholder value through the acquisition of projects with significant technical merit. The Company's management team has many years of experience in exploration, finance and efficient public company management.

Universal's current focus is on its flagship Poplar Project, one of the most advanced pre-production copper projects in British Columbia with a historic 43-101 resource.

POPLAR PROJECT

The Poplar Project

The Poplar Project spans 65,817 hectares and is bisected by a 138 Kva Hydro electric line, and accessible by road. The property is located in a historic mining region, 35km from the Huckleberry Mine and 42km from Equity Silver. The property is also accessible via rail – only 88km from Houston or 400km to the deep-water port at Prince Rupert. Typical snowfall consists of 150cm on an annual basis, making year-round work possible.

Historic Exploration

Initially discovered from outcrop exposure in the early 1970’s, the Poplar Project has seen multiple segments of historic exploration including:

  • Soil and till geochemical surveys
  • Ground magnetics and IP surveys
  • Airborne magnetics and electro-magnetic surveys
  • Diamond drilling: 39,648 meters in 147 holes in Poplar Deposit area resulted in calculation of historic resource
  • Additional 135 diamond or percussion holes totaling 6,817 meters over remaining property
  • 2004 Metallurgical Study – 93% Cu recovery, 81% Mo recovery

2021 Work Program Completed

In 2021, the Company completed 3,003 metres in six vertical holes at the Company’s flagship Poplar Copper Project ("Poplar"), located southwest of Houston, British Columbia. The focus of the program was to expand the copper mineralization to depth and expand the limits of the higher-grade mineralization within the current mineral resource. The drill program was completed as anticipated. The six holes will also provide material for metallurgical work, with the testing to include: sample preparation and characterization, mineralogy, comminution testing, flotation testing and product characterization.

The Company is planning to drill on a further eighty (80) sites as the company continue to move the Poplar inferred resources to indicated resources forward and work at increasing resources to depth and to the west. The Company is reviewing exploration plans for the nine (9) high priority targets throughout the property for drilling in 2022.

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