Copperhead Resources: Fueling Exploration with Non-Brokered Private Placement

Copperhead Resources Inc. (CSE: CUH), a mineral resource exploration company, has announced a non-brokered private placement. This strategic move aims to raise up to $300,000, providing crucial capital for the company's Red Line Project in British Columbia, Canada, and maintaining control over its equity. Copperhead is focused on locating and developing precious metals, with an initial focus on the exploration and development of the Red Line Project.

The Offering consists of two main components: the issuance of Flow-Through Shares (FT Shares) and Hard Dollar Shares (HD Shares). The FT Shares, priced at $0.10 each, will be used to fund exploration expenses related to the Red Line Project. Copperhead plans to spend $75,000 on exploration within 36 months, with the remaining $25,000 allocated for working capital. The HD Shares, priced at $0.075 each, will contribute to working capital and the identification and evaluation of mineral properties, totaling $200,000.

The non-brokered private placement enables Copperhead to maintain control over its equity, as it can choose investors without involving intermediaries. This allows the company to preserve its capital structure and avoid dilution from additional shares. The private placement is subject to a four-month hold period, ensuring that investors are committed to the company's long-term success.

Copperhead Resources' strategic focus on exploration and growth aligns with the company's long-term objectives. By raising capital through the issuance of FT Shares and HD Shares, Copperhead is positioned to maintain exploration momentum while preserving capital for strategic investments.



The Red Line Project is situated along the Eskay Rift belt of rocks that host the Eskay Creek Au-Ag deposit 30km to the south. With an Inferred Mineral Resource estimate of 4.3g/t AuEQ oz, the Project features an extensive land package with 10 claims covering 3,989 hectares. Three highly prospective intrusions were discovered on the Red Line Project, including 2 areas of K-feldspar porphyritic syenite similar to one of the key units found at the giant Galore Creek porphyry Cu-Au deposit. The Project's strategic location in the central part of the "Golden Triangle" mineralized district of NW British Columbia further enhances its potential.



Copperhead Resources' non-brokered private placement demonstrates the company's commitment to exploration and growth. By securing capital through a targeted offering, Copperhead is well-positioned to continue its exploration efforts on the Red Line Project, potentially unlocking valuable mineral resources in the heart of the "Golden Triangle."

As the company continues to develop the Red Line Project, investors should keep a close eye on Copperhead Resources' progress. With a well-structured private placement and a strategic focus on exploration, Copperhead is poised to capitalize on the growing demand for precious metals and the potential for significant mineral discoveries in the region.