CopperBank Retains Alaska Firm DOWL to Initiate Power and Port Infrastructure Study

ANCHORAGE, March 7, 2017 / CopperBank Resources Corp. ("CopperBank" or the "Company") (OTC PINK: CPPKF) (CSE: CBK) is pleased to announce that it has secured Alaska engineering firm DOWL to provide initial infrastructure planning for an area that is approximately four kilometres down-hill from the Pyramid project (view map). DOWL will assist CopperBank in developing rough order of magnitude ("ROM") understanding for several components of conceptual infrastructure. Specifically, these infrastructure components include potential port site locations, on-site power generating options, and supporting road network.

DOWL is a multi-disciplined consulting firm that has provided civil engineering and related services in Alaska for more than 50 years, with project expertise in transportation, civil engineering, geo-construction, environmental, and water resources. DOWL President and Chief Operating Officer, Stewart Osgood, PE, said, "This is a great opportunity to leverage DOWL's infrastructure expertise in Alaska. Working at the very early planning stages of any project is a great fit for DOWL's depth of project experience, and clearly demonstrates CopperBank's commitment to partner with Alaskan firms."

CopperBank Executive Chairman, Gianni Kovacevic, comments, "We have worked diligently over the past 24 months to comprehend the opportunity in Alaska with the subsurface land holder, The Aleut Corporation. Three very important components of any copper project of merit are, geology, location and access to infrastructure. We have established a strong technical team to further assess the geological opportunity at the still open Pyramid deposit, and the San Diego Bay prospect 7 kilometres to the West. As for infrastructure, it is never too early in the life of a project to begin to understand how critical components, namely power and port facilities, would look like and potentially be situated. For these reasons, we are initiating this cost-effective study with DOWL so that all of our stakeholders, especially our local partners, can obtain a better understanding of the infrastructure options in this area."


The Pyramid Deposit

The Pyramid project area is located on the 55th parallel, adjacent to ice-free all year deep tide water, twenty-five kilometres from the town of Sand Point on the Alaska Peninsula. The Pyramid deposit is an early stage copper-molybdenum-gold exploration project that is 100% controlled by CopperBank, situated on private property with subsurface controlled by The Aleut Corporation, an Alaska Native Corporation. Applying a 0.4% copper cut-off, Pyramid has a NI 43-101 Resource Estimate with inferred mineral resources of 122 million tonnes at 0.41% copper, 0.02% molybdenum, and 0.10 g/t gold (SRK, July 2013). The Pyramid deposit is still open in most directions and to depth. The current focus of CopperBank's technical team is to establish scenarios for cost-effective diamond drilling programs that provide the greatest impact to potentially expand known resources. Of particular interest is the area around diamond drill hole PY11-16 that returned 155 meters of 0.71% Copper, 0.18 g/t gold and 0.018% Molybdenum (0.97% Cu Eq.) - bottoming in 34 meters of 0.844% Copper.

For more information on CopperBank Resources or DOWL visit their respective websites at www.copperbankcorp.com or www.dowl.com. Robert McLeod, P.Geo and Qualified Person is responsible for the technical information in this press release as defined by National Instrument 43-101.


On behalf of CopperBank Resources Corp.

"Gianni Kovacevic"
Executive Chairman



Address: Suite 1500, 409 Granville Street
Vancouver, BC V6C 1T2
Tel: 604-889-0852
E-mail: gk@copperbankcorp.com
Website: www.copperbankcorp.com



Certain information in this release may constitute "forward-looking information" under applicable securities laws and necessarily involve risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and CopperBank does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of CopperBank's expectations or beliefs regarding future events. In certain cases, forward-looking information can be identified by the use of words such as "plans", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Examples of forward-looking information in this news release include, but are not limited to, statements with respect to the Company's ongoing review of its existing portfolio, the involvement of CopperBank in any potential divestiture, spin-out, partnership or other transactions involving the Company's portfolio assets, and the ability of the Company to complete any such transactions, the ability of CopperBank to enter into transactions that will ultimately enhance shareholder value, and the anticipated issuance of one million shares in connection with the satisfaction of certain loans between CopperBank and management. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information. Such factors and assumptions include, but are not limited to the Company's ability to identify and complete one or more transactions involving the Company's portfolio assets that enhance shareholder value as part of management's ongoing review of strategic alternatives in the current market conditions. By its very nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Such factors include, but are not limited to, the risk that the Company will not be able to identify and complete one or more transactions involving the Company's portfolio assets that enhance shareholder value as part of management's ongoing review of strategic alternatives in the current market conditions. Although CopperBank has attempted to identify important factors that could cause actual actions, events or results to differ materially from forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated by such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. For more information on CopperBank and the risks and challenges of its businesses, investors should review the continuous disclosure filings that are available under CopperBank's profile at www.sedar.com.