Shares Climb on Multi-Hundred-Metre Porphyry Hits

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Monday, June 22, 2026

Copper developers in British Columbia's Highland Valley district are back in focus as tight global mine supply and electrification demand push investors toward porphyry tonnage beside established producers. Programs that can confirm historic resources with modern techniques while stepping out at depth draws attention when intercept grades compare favourably to nearby open-pit operations.

Getty Copper Inc. (GTC:CA) (OTCQB: GTCDF) reported Monday the first assay results from its 2026 exploration program at the Getty Project, marking the first systematic drilling at Getty North since 1997. Resource-confirmation hole GN26-01 returned 342m grading 0.50% Cu, 87 ppm Mo and 0.8 g/t Ag from 9m, including 108m of 0.70% Cu from 12m and 135m of 0.55% Cu from 186m (oxide cap to 39m). Confirmation hole GN26-04 cut 278m of 0.38% Cu from 22m, including 150m of 0.51% Cu from 66m.

Expansion hole GN26-03 returned 170.8m of 0.24% Cu from 408.2m downhole, roughly 300m below surface, including 45.9m of 0.40% Cu on a >65m down-plunge step-out beyond historical drilling that management said confirms room to add tonnage at depth. Getty North spans roughly 350m east-west by 500m north-south and remains open down plunge; true widths are not yet known. The 2026 program targets up to 16,000m of drilling, with 14 holes completed at Getty North and assays pending on 11 additional holes totaling 7,377m. Drilling has moved to Getty South, with further results expected through the summer.

Chief Executive Officer Ryan O'Regan said the intercepts support a future resource estimate while demonstrating expansion potential, noting grades that track higher than surrounding regional mining operations. Mineralization occurs as chalcopyrite-dominated vein stockworks and sheeted zones within a multiphase porphyry intrusion, consistent with historical logging and the company's relogging work.

Of note, in the news release, the Company announced that shareholders approved a share consolidation of up to 5-for-1 at the June 9 annual meeting, with an effective date expected shortly.

GTC trades at $0.175, up 6.1% while GTCDF is down 1.8% to US$0.13. Moving forward, investors will be watching pending Getty North assays, Getty South results, the share consolidation effective date, and fall-ready targets across the district.

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