Copper Mountain Mining Corporation provided production outlook for the second half, for the year 2022 and year 2023. For the second half, The Company expects production in the second half of 2022 to be considerably higher than the first half of 2022 as the Company begins to mine from higher grade ore from Phase 4 of the Copper Mountain Main Pit in July. The higher grade Phase 4 ore is expected throughout the remainder of 2022 and through 2023.

For the 2022, Company now expects annual production in the range of 65 to 75 million pounds of copper.

For the 2023, the Company is reiterating its 2023 production guidance range of between 90 to 105 million pounds of copper.