Capstone Copper Provides the Mantoverde-Santo Domingo District Integration Plan

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Nov 11, 2022

Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS, Financial) today announced the Mantoverde-Santo Domingo (“MV-SD”) District Integration Plan (the “Plan”) which showcases the path towards creating a world-class mining district in the Atacama region of Chile, targeting over 200,000 tonnes per year (“tpa”) of low-cost copper production with the potential to also become one of the largest and lowest cost battery grade cobalt producers in the world. The Company has the opportunity to unlock a total of $80-100 million per year in operating cost savings, while also enabling additional copper and cobalt production, infrastructure capital savings, and the potential for significant tax synergies through the reinvestment in Chile to support our district growth (summarized in Figure 1).