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Ontonagon, Michigan, August 18th, 2023 – Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland”) and Kinterra Capital Corp. (“Kinterra”) visited the White Pine North project in Michigan yesterday. The visit was an opportunity for Kinterra to learn more about the project and its opportunities, and to meet with local stakeholders to continue the ongoing conversations between Highland and the community. “We are excited about Kinterra’s visit to the White Pine North project and the opportunity for them to learn more about this important project,” said Denis Miville-Deschênes, President and CEO of Highland Copper. “We believe that White Pine has the potential to be a major economic driver for the Upper Peninsula of Michigan, and we are committed to working with Kinterra and the community to ensure that the project is developed responsibly and sustainably.” White Pine North is a copper mining project in Michigan's Upper Peninsula. The project has the potential to produce up to 2.1 billion pounds of copper, making it a critical source of copper for the United States. The project is also expected to create significant local tax revenue and business spending during its estimated 23-year mine life, plus create hundreds of jobs during construction and operation. The White Pine North project visit represents a significant step forward in developing the project. The project is working towards obtaining the required permits from the State of Michigan, and site preparation is expected to begin in 2025. Construction of the mine is planned to begin in 2026, with an anticipated start of production in 2029. About The White Pine North Project The White Pine North Copper Project is located in the historical copper range district of the Upper Peninsula of Michigan, approximately 5 miles south of Lake Superior in Ontonagon County. The Project covers approximately 11,000 acres (4,500 hectares) of surface rights and approximately 29,615 acres (11,990) hectares) of mineral rights. The former White Pine mine was in production from 1953 through 1995. By the time it closed, over 4.5 billion pounds of copper had been produced from the mine. In July 2021, Highland Copper completed the acquisition of the White Pine North project from Copper Range Company. About Highland Copper Company Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The Company owns the Copperwood deposit through long-term mineral leases and 34% of the White Pine North project. The Company also owns surface rights securing access to the deposits and providing space for infrastructure as required. The Company has 736,363,619 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol "HI" and trade on the OTCQB Venture Market under symbol "HDRSF". More information about the Company is available on the Company’s website at www.highlandcopper.com and on SEDAR at www.sedar.com. About Kinterra Kinterra Capital is a private equity firm investing in the people, ideas, critical minerals, and strategic infrastructure necessary to accelerate the energy transition. Kinterra leverages significant domain specific technical and transactional expertise to source and manage investments that create value for key stakeholders, all while enhancing the communities within which we operate through meaningful partnerships. At Kinterra, the focus is on innovative ideation, rigorous analysis and executing with excellence to make investments that will create a more sustainable future. For more information about Kinterra Capital, visit www.kinterracapital.com. For further information, please contact:
Denis Miville-Deschênes, President & CEO Email: info@highlandcopper.com Website: www.highlandcopper.com
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