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2017-08-29

COPPERSTONE RESOURCES AB: INVESTIGATIONS CONTINUE TOWARDS DEPTH

INVESTIGATIONS CONTINUE TOWARDS DEPTH

Copperstone Resources AB (“Copperstone” or “the Company”) publishes a technical
report containing a description of the work carried out over the summer of
2017.

Following the completion of the first deep drill hole campaign at
Svartliden-Eva (2610m), downhole structural and geophysical studies, combined
with geochemistry and mineralogy have been carried out. The outcome of these
value-add studies has created a solid platform for designing an integrated
exploration work programme to begin in September 2017. This programme will
significantly unlock the exploration potential of the property and provide
further insight into the developing geological model.

Geophysical work will now focus on implementing both a 3D Induced Polarization
(IP) survey around the deep drill holes as well as a deep penetrating
magneto-telluric study (AMT) over a broader area from Eva in the southern part
of the project area to Granliden Hill in the northern part. This combination
is aimed at locating blind Cu-Au-Zn mineralization bodies and will generate
drill targets within the context of the working genetic model. Core drilling of
ranked targets will then follow on from this work.

“It is our assessment that the work carried out this summer has created
substantial value-add and given us clear indications of where and how to
continue our exciting investigations. The use of multiple state-of-art
exploration techniques also ensures a cost efficient, precise and rapid
exploration process which benefits the project, our stakeholders and the
Companies share-holder base”, comments Copperstone project geologist Chris
McKnight.

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management’s current expectations and
assumptions. Such forward-looking statements reflect management’s current
beliefs and are based on assumptions made by and information currently
available to the Company. Investors are cautioned that these forward looking
statements are neither promises nor guarantees, and are subject to risks and
uncertainties that may cause future results to differ materially from those
expected. These forward-looking statements are made as of the date hereof and,
except as required under applicable securities legislation, the Company does
not assume any obligation to update or revise them to reflect new events or
circumstances.

For further information, please contact CEO Per Storm, Copperstone, +46 705 94
90 24, e-mail: per.storm@copperstone.se or refer to Copperstone Resources
webpage: www.copperstone.se.

This press release contains insider information which Copperstone Resources AB
is obliged to publish according to the EU market abuse regulation (MAR). The
information was delivered by the above mentioned contact for publishing August
29, 2017 at 08.00 CET.

Copperstone Resources AB (publ) is a mining exploration company focusing on the
Copperstone project in the vicinity of the Skellefte field. This project has
the potential to become one of the largest base- and precious metal deposits in
the Nordic Region.

Copperstone Resources has five exploration tenements covering approx. 8756
acres and two mining concessions and one applied concession covering a total of
82 acres.

The share (COPP B) of the Company is traded on Nasdaq First North Stockholm
with G&W Fondkommission as the Certified Adviser.

Appendix: Svartliden-Eva deep drilling update and proposed future work
programme.

Författare Nasdaq Stockholm

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