Toronto, Ontario--(Newsfile Corp. - October 17, 2017) - Carube Copper Corp. (TSXV: CUC) is pleased to report the results from drill holes PVT-17-005 and PVT-17-006, from the Provost Prospect within the 100% owned Bellas Gate Project in Jamaica. These holes were drilled in the recently completed 1,900m diamond drill campaign. Results from three additional holes which tested other parts of the mineralized trend are pending.

Results from PVT-17-005 and PVT-17-006 include:

• Continuous copper mineralization over 191m downhole to 324m in hole PVT-17-005, with 74m of 0.50%CuEq¹ (0.35%Cu and 0.24g/t Au); and
• Continuous copper mineralization over 201.8m from 32.2m downhole in PVT-17-006, with 46m of 0.50%CuEq¹ (0.31%Cu and 0.29 g/t Au)
  
  

¹ CuEq (Copper equivalents) are calculated using a US $3.00/lb. copper and a US$1300 per ounce gold price assuming unlimited internal dilution and 100% recovery of both metals.² The intervals do not necessarily indicate true width of mineralization, as its geometry is not known. Sample Preparation, Analysis and Quality Control: For a description of these items as pertaining to drill core and soil samples please see bottom of release. Carube Copper and Activation Laboratories all have robust sample security and quality control programs in place for samples collected in Jamaica.

Jeff Ackert, President and CEO of Carube Copper commented, "The mineralization at Provost has now been seen in five holes and the footprint covers an area with minimum dimensions of 350 by 250 metres, within a 5 kilometre long mineralized trend extending from the Camel Porphyry in the south to the Hendley Prospect to the north. The fact that we are seeing mostly highly altered and mineralized volcanic rock close to surface in these holes, supports the initial modelling that indicates the causative or driver porphyry may lie below the central part of the zone. We are quite eager to test this model in our next program with a series of deeper holes."

The drilling in this program was focused on the Southern Alteration Zone (SAZ), which is a 5 kilometre long trend between the known Camel Porphyry in the south to the Hendley Prospect in the north. Drill targets within this significant trend include the Provost Prospect, the Hendley Prospect and the Provost Southeast Prospect. This trend has been defined by copper in soil anomalies, characteristic trace element porphyry indicators, Induced Polarization (IP) chargeability anomalies, distinctive porphyry style alteration, areas of intense quartz veining and unique magnetic signatures. Previous scout drilling along this trend has returned extremely encouraging copper porphyry style mineralization including 339.2m of 0.34%CuEq (0.28%Cu and 0.12 g/t Au) in Hole PVT-16-002, the first complete hole drilled at the Provost prospect last year.

The success of this drill program and the results from these two holes drilled at Provost has confirmed the presence of significant copper porphyry mineralization in this zone. It is believed that the extensive copper mineralization, alteration and veining seen in core at Provost indicates a strong system with substantial depth potential. Further work is planned along the SAZ, which will include infill IP and core drilling.