15 December 2023

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

Board Changes

Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, announces an update to its Board.

Mr Jack Sedgwick BEng BCom MBA (Distinction) GAICD will transition from interim Executive Director to Non-Executive Director effective 15 December 2023. With these changes, all Castillo Copper Board Directors have moved to Non-Executive roles. This streamlining will save annual Board costs, reflecting the Company's commitment to cost efficiency and a strategic focus on advancing the Company's exploration assets.

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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."