Highland Copper Advances Copperwood Project with DRA Global's Expertise

Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) has taken a significant step forward in the development of its flagship Copperwood Project by awarding Front-End Engineering and Design (FEED) contracts to DRA Global, a leading multi-disciplinary engineering group. This collaboration will optimize the project's construction and operations, ensuring a successful and responsible execution of Highland Copper's operations.

DRA Global's expertise in mine and process plant engineering will provide detailed designs and specifications that form the foundation of Copperwood's construction and operational phases. This partnership aligns with Highland Copper's vision of building an efficient and environmentally responsible project. DRA's extensive experience in copper mine design and process plant design will enable them to leverage their expertise to optimize the mine and process design, while also considering minimizing environmental impact.



The Company has adopted a phased approach to engineering, with the initial step of finalizing design criteria for critical areas and assessing key opportunities to improve the Project. The FEED work will focus on optimizing and advancing the mine and process design, with continued consideration for minimizing environmental impact. As part of the FEED process, Highland Copper will finalize the Project's capital cost estimates and development schedule, paving the way for a construction decision.

The finalized capital cost estimates and development schedule will significantly influence Highland Copper's construction decision for the Copperwood Project. The FEED process will provide a more accurate estimate of the total capital expenditure required for the project, which is crucial for Highland Copper to assess the project's financial viability and secure necessary funding. If the capital costs are within the Company's budget and deemed acceptable by potential investors, it will increase the likelihood of proceeding with construction. Conversely, if the capital costs are significantly higher than anticipated, it may lead to a reassessment of the project's feasibility or the need to explore alternative financing options.

The FEED work will also help Highland Copper establish a detailed development schedule, outlining key milestones and timelines for the project. This information is essential for planning resource allocation, securing permits, and coordinating with stakeholders. A realistic and achievable development schedule can boost confidence in the project's prospects and increase the likelihood of a positive construction decision. However, if the development schedule is excessively long or faces significant hurdles, it may deter Highland Copper from proceeding with the project.

In conclusion, Highland Copper's collaboration with DRA Global on the FEED packages for the Copperwood Project is a key step in advancing the project toward a construction decision. DRA's expertise in mine and process plant engineering will optimize the project's construction and operations, while the FEED process will help the Company finalize capital cost estimates and development schedules, ultimately influencing the decision to proceed with construction.