01:38 PM EST, 12/10/2024 (MT Newswires) -- (Updates to fix partially deleted headline without additional changes.)

Coast Copper ( COCCF ) on Tuesday released results of its phase two work program on its Knob Hill NW property on northern Vancouver Island and the acquisition of the Hanson property in northwestern British Columbia.

The company said its fall 2024 sampling results returned elevated copper-in-soils, with copper values up to 1,031 parts per million, from the west central portions of the property and were associated with a 1.1 kilometer by 3.6 km magnetic high. Further prospecting, mapping, and soil sampling are recommended in 2025, Coast added.

Coast Copper ( COCCF ) also said it acquired the Hanson property as the widespread glacial cover gives the possibility of finding a significant porphyry deposit, particularly in areas that were not previously tested by drilling. The company plans to continue its review and compilation of the historical work on the property to prepare for the 2025 exploration field season.

Shares of the company were flat at $0.045 on the TSX Venture Exchange.