Phoenix Copper Limited / Ticker: PXC / Sector: Mining

23 April 2026

Phoenix Copper Limited

("Phoenix" or the "Company")

Appointment of Non-Executive Director

Phoenix Copper Limited (AIM: PXC; OTCQX ADR: PXCLY), the AIM quoted, 100% USA focused base and precious metals emerging producer and exploration company announces the appointment of David Alan Jarvis as Non-Executive Director with immediate effect.

David is a degreed mining engineer with 35 years of extensive management and director experience in mining and mineral processing at both open pit and underground operations in the Americas and Asia. He has previously served as an independent director of Patagonia Gold (now Hunt Mining Corp.), Managing Director and General Manager of Eldorado Gold's China operations, Vice President and General Manager of Coeur Mexicana, Coeur's flagship operation in Palmarejo, Mine Manager at Centerra Gold's Kumtor Mine in Kyrgyzstan, and as Mine Superintendent at Newmont Gold's Yanacocha Mine in Peru.

Most recently, David has been serving as the General Manager at Phoenix's Empire project in Mackay, Idaho since 2023.

Interim Non-Executive Chair Catherine Evans commented, "It is a pleasure for us to welcome David to the Board. David has proven invaluable to Phoenix in his role as General Manager and the Board believes he will make an important contribution as a Director.  David's blend of leadership and operational management is a great fit for us as we repopulate the Board with our focus aimed directly at funding, permitting and constructing the Empire Mine."

The following disclosures are made pursuant to Schedule 2(g) of the AIM Rules for Companies:

David Alan Jarvis, aged 71, currently holds or has held the following directorships or partnerships in the past five years:

David Jarvis holds no ordinary shares in the Company.

There are no further disclosures required in accordance with AIM Rule 17 or Schedule 2(g) of the AIM Rules for Companies.

For further information please visit  https://phoenixcopperlimited.com. 

Contacts

Notes

Phoenix Copper Limited is an emerging producer and exploration company specialising in base and precious metals, with an initial focus on copper, gold, and silver extraction from an open-pit mining operation within the United States.

Located in the historic Alder Creek mining district near Mackay, Idaho, Phoenix's flagship asset is the Empire Mine, in which the Company holds an 80% ownership stake. The historic Empire underground mine, located beneath the surface of the Company's proposed open pit, boasts a rich history of producing high-grade copper, gold, silver, zinc, and tungsten.

Since 2017, Phoenix has executed extensive drilling initiatives, resulting in an expansion of the Empire Open-Pit resource by over 200%. In May 2024 the Company published its inaugural mineral reserve statement for the Empire Open-Pit Mine. Proven and Probable mineral reserves are 10.1 million tonnes containing 109,487,970 lbs of copper, 104,000 oz of gold and 4,654,400 oz of silver. This reserve was estimated using assay data from 485 drill holes, extensive geological modelling, metallurgical recovery test work, geotechnical evaluation, and mine design. The reserve represents a combined 66,467 tonnes of copper equivalent metal.

In addition to the Empire Mine, Phoenix's holdings in the district also encompass the Horseshoe, White Knob, and Blue Bird Mines, all of which have been producers of copper, gold, silver, zinc, lead, and tungsten from underground operations, a new high-grade silver and lead orebody at Red Star, and the Navarre Creek gold exploration project, which was first drilled in 2023. The Company's land package at Empire spans 8,434 acres (34 sq km).

Phoenix also owns two cobalt properties situated along the Idaho Cobalt Belt to the north of Empire. An Earn-In Agreement has been established concerning one of these properties.

Phoenix is listed on London's AIM (PXC), and trades on New York's OTCQX Market (PXCLF and PXCLY (ADRs)). More details on the Company, its assets and its objectives can be found on PXC's website at https://phoenixcopperlimited.com/