QC Copper and Gold Inc. announced the publication of the Technical Report for the pit-constrained mineral resources estimate on the Opemiska Deposit which the Company announced on September 20, 2021. Highlights of Opemiska's Mineral Resource Estimate Include: The Opemiska Deposit consists of 81.7M tonnes @ 0.88% CuEq of pit constrained Measured and Indicated Mineral Resources and 21.4M tonnes @ 0.73% CuEq of Inferred Mineral Resources. The Mineral Resource is pit-constrained and contains more than 532,000 tonnes or 1.17 billion lbs of copper and 816,000 ounces of gold in the Measured & Indicated (M&I) classification and an additional 109,000 tonnes or 240.0 million lbs of copper and 209,000 ounces of gold in the Inferred classification. Over 79% of the total Mineral Resource reports to the M&I classification. Opemiska's initial Mineral Resource includes over 1.05 million metres of drilling completed by QC Copper and former operators of the Project. Significant drilling density and extensive records from previous operators have supported a high-confidence Mineral Resource. Within the larger Mineral Resource, the Company has identified a high-grade potential starter pit of 10.6M tonnes of Measured & Indicated Mineral Resources grading 1.26% CuEq. The Mineral Resources are pit constrained at a 0.2% CuEq cut-off, inclusive of $3.50/lb copper and $1,650/oz gold prices. The Company has outlined multiple targets for expansion and discovery drilling this coming winter. These targets include extensional drilling to expand the existing Mineral Resource envelope, proximal former mines including the adjacent Cooke & Robitaille deposits, and other prospective targets along the Gwillim and Beaver Lake fault zones. Opemiska "Starter" Pit: depicts two high-grade potential starter pits which host 10.6 million tonnes grading 1.26% CuEq, or +45% higher grade than the overall Mineral Resource. Next Step: Drill to Expand the Initial Mineral Resources Estimate: At this time, the Company is focused on expanding the initial mineral resources estimate by drilling targets that could add significant open-pit tonnage to Opemiska. A follow-up drill program is currently underway that will complete 6,000 metres before 2021 year-end, with a more extensive, multi-drill rig program being planned for 2022. Opemiska Infrastructure: The area has a rich history of mining and the resident population is favorably disposed to mining activities and hosts locally available skilled labour. The Opemiska Deposit is next to the Town of Chapais with a population of 1,609 (2019) and the Town of Chibougamau with a population of 7,559 (2020) is located approximately 40 kilometres to the east. Ample electrical power is available from a nearby substation on the James Bay powerlines which cross QC Copper's land holdings. An operational rail line is located within few kilometers from Chapais. Paved highways lead south to Lac St-Jean and Quebec City and southwest to Val d'Or and Rouyn-Noranda. Finally, the project is located in Quebec, the most mining friendly jurisdiction in Canada and north of the 49th parallel and as such is part of the Quebec government's Plan Nord initiative and could benefit from special fiscal and financial incentives.