11 November 2022

CASTILLO COPPER LIMITED
("Castillo", or the "Company")

ASX Trading Halt

Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, advises that trading in the shares of the Company has been halted on the Australian Securities Exchange ("ASX") effective from 11 November 2022. The halt was requested by the Company pending the release of an announcement relating to geological results at the Broken Hill Project and a response to a price query from the ASX ("Announcements").

The Company anticipates that the trading halt will remain in place until the earlier of commencement of normal trading on Tuesday, 15 November 2022 and the Company releasing Announcements to the market concerning these matters.

Trading in the Company's ordinary securities will continue on the London Stock Exchange during this period.

For further information, please contact:  

About Castillo Copper  

Castillo Copper Limited is an Australian-based explorer primarily focused on copper across Australia and Zambia. The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by its core projects:  

·    A large footprint in the Mt Isa copper-belt district, north-west Queensland, which delivers significant exploration upside through having several high-grade targets and a sizeable untested anomaly within its boundaries in a copper-rich region.  

·    Four high-quality prospective assets across Zambia's copper-belt which is the second largest copper producer in Africa.  

·    A large tenure footprint proximal to Broken Hill's world-class deposit that is prospective for zinc-silver-lead-copper-gold and platinoids.   

·    Cangai Copper Mine in northern New South Wales, which is one of Australia's highest grading historic copper mines.  

The group is listed on the LSE and ASX under the ticker "CCZ."