Arc Exploration Limited Announces Management Changes

Cyprium Metals Limited is an Australia-based copper development company. The Company has a portfolio of advanced stage exploration and development projects located in Western Australia. The Company's Paterson Copper Projects comprises the Nifty Copper Mine, Maroochydore Copper Project and Paterson Exploration Project. The Nifty Copper Mine (Nifty) is located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region of Western Australia, approximately 350 kilometers (km) southeast of Port Hedland. The Maroochydore deposit is located approximately 85 km southeast of Nifty. An exploration earn-in joint venture has been entered into with IGO Limited on approximately 2,400 square kilometers of the Paterson Exploration Project. In Murchison Copper Gold Project, the Company has an 80% attributable interest in a joint venture with Musgrave Minerals Limited at the Cue Copper-Gold Project, which is located approximately 20 km to the east of Cue in Western Australia.