Super Copper Corp. (CSE: CUPR) has announced that eight diamond drill holes are complete at its Cordillera Cobre copper project in Chile's Atacama Region, with assay certificates for the first four holes received and currently undergoing quality assurance and quality control review. A ninth hole is actively drilling at a steeper angle to test deeper levels of the target. The company's multi-project update also covers progress at the Castilla copper project and its co-developed copper-processing technology, CUPRIX, signalling a broadening exploration and technology pipeline that investors may be watching closely.

Key Points

  • Super Copper Corp. (CSE: CUPR, OTCQB: CUPPF, FSE: N60) released a corporate update on November 3, 2026
  • Eight drill holes completed at Cordillera Cobre; ALS assay certificates for holes 1–4 received and in QA/QC review ahead of a separate results release
  • Cash and cash equivalents of C$5,411,710 and working capital of C$5,631,868 reported as at August 31, 2026; management expects no additional financing required over the next 12 months
  • Investors may watch for the forthcoming first assay announcement and Phase 2 geophysics results from Castilla

Cordillera Cobre Drilling Extends to Depth as Assays Enter Final Review

Super Copper's maiden drill program at Cordillera Cobre is operating on a 24-hour double shift, testing IP chargeability anomalies and structures extending more than 800 metres along NW strike within a 3.5-kilometre magnetic anomaly linking the El Alto and Calcite Hill zones. The longest completed hole reached 593.2 metres. Hole 9, currently underway, is planned to approximately 600 metres and targets deeper levels than any previously drilled hole. The company states that no drill assay results are disclosed in this announcement; first results from holes 1 to 4 will be released following completion of QA/QC review.

Castilla Project Moves Toward First-Ever Drilling With Phase 2 Geophysics Underway

Castilla, Super Copper's second Atacama Region copper project, has never been tested by drilling. Surface grab samples have returned values of up to 53.8 grams per tonne gold and 17.7% copper, though the company cautions these selective samples do not establish average grade or the extent of mineralisation. A Phase 2 IP geophysics survey is currently underway to trace chargeability features across the property. Follow-up mapping and sampling are progressing to rank targets for a maiden diamond drill program, which the company has targeted for Q2 2027. The company is testing an iron oxide copper-gold exploration model, though no deposit has been established.

CUPRIX Copper-Processing Technology Advances Beyond Bench Scale

Alongside its exploration programs, Super Copper and MetaFLO Technologies are co-developing CUPRIX, a biopolymer designed to assist copper miners and processors in recovering more copper while returning cleaner water for reuse. The technology reached bench-scale demonstration in September 2026, and the release states that larger-scale testing is the next development step. The company describes mineral discovery as its core business while positioning CUPRIX as a separate opportunity to serve the broader copper processing industry. The immediate share price impact was not clear from available public information.

Funded Balance Sheet Supports Ongoing Programs Without Near-Term Financing

As at August 31, 2026, Super Copper reported cash and cash equivalents of C$5,411,710 and working capital of C$5,631,868. Management states the existing treasury is expected to fund completion of the Cordillera Cobre drill program, Castilla drill targeting, and the CUPRIX development program, with no additional financing anticipated over the next 12 months based on current budgets. The company also disclosed an extension of a marketing services agreement with Mithridates Holdings Corporation for a two-month term ending December 31, 2026, at a fee of US$67,000 plus taxes.