Investment Highlights
- New high-grade copper discovery: The La Huerta project in Jalisco, Mexico, is continuously delivering drill results with exceptionally high copper grades – up to 7.4% Cu over 7.6 meters and 5.2% CuEq over 6.4 meters.
- Exploration focus on growing trend: Over 11,300 hectares of land in the productive Sierra Madre belt with multiple, previously underexplored target areas.
- Experienced management: Combination of technical, legal, and financial expertise with many years of experience in exploration, capital markets, and corporate governance.
- Location advantage: Accessible year-round, near the port city of Manzanillo with excellent infrastructure and access to international markets.
- Strong growth strategy: 15,000-meter Phase II drilling program to expand high-grade copper mineralization and discover new deposits.
- Anchored in Mexico’s mining economy: Strongly integrated into the Mexican mining community through local directors and partnerships.
Company & Strategy
Axo Copper Corp. is a Canadian exploration company focused on the discovery and development of copper deposits. The company’s main project, La Huerta, is located in the state of Jalisco in southwestern Mexico and represents a new, high-grade copper discovery within the well-known Sierra Madre mineral belt.
Following successful initial exploration campaigns in 2023 and 2024, Axo Copper is now focusing on systematically expanding the known mineralization along the La Huerta trend as well as on new target areas in its southern part. The company is pursuing a clear strategy: Building a scalable copper resource in a region with proven geological potential, solid infrastructure, and long-term political stability.
The goal is to develop the exploration work to the point where an initial resource estimate can be prepared according to NI 43-101 standard. At the same time, the geological database of the entire project area is to be systematically expanded through drilling, geophysical surveys, and surface samples.
Market Environment
Copper as a Key Raw Material for the Energy Transition
Copper plays a central role in the global transition to a decarbonized economy. It is indispensable for the expansion of renewable energies, power grids, electromobility, and storage technologies. Analysts predict continued high demand with a limited supply of new projects at the same time, as many large mines have already exceeded their production peaks.
Against this background, exploration companies with high-grade and infrastructurally favorable projects such as La Huerta are becoming increasingly strategically important.
Mexico – Established Mining Country with Modern Infrastructure
Mexico is one of the world’s leading mining nations and offers a stable legal framework, experienced workers, and modern logistical connections. The state of Jalisco is known for its mining-friendly administration and proximity to export-oriented ports. The La Huerta project benefits directly from this location: The project area is only a few hours away from the port city of Manzanillo, an international transshipment point for raw materials.
(Fig. 1: Location of the La Huerta project in Mexico)
Project Portfolio
The La Huerta Project (Jalisco, Mexico)
The project area covers approximately 11,300 hectares and lies within the Sierra Madre Belt, one of the most productive copper and precious metal regions in Mexico. It consists of two concessions that Axo Copper acquired in 2022 and 2023.
Even before the acquisition by Axo Copper, small-scale surface mining was carried out, especially in an area called Las Marías. There, a high-grade copper mineralization occurs in the form of a steeply dipping copper vein (dyke) within andesite rock. The structure shows a NE–SW orientation and has been detected over several kilometers.
(Fig. 2: Axo Copper’s project concessions in La Huerta)
Geology and Mineralization
The copper mineralization at La Huerta is predominantly contained in chalcopyrite and bornite – two primary copper ores with high metal content. In samples from the Las Marías pit, approximately 50 meters below the surface, 9.4 meters with 4.4% Cu were analyzed, including 3.2 meters with an exceptional 21.4% Cu.
These findings demonstrate that the mineralization begins at the surface and continues with increasing depth – an important feature for potential future open-pit or underground projects.
Drill Results and Exploration Progress
Previous Results (until 2023)
Even before its own drilling campaign, Axo Copper confirmed impressive values by re-analyzing older drill cores:
- 6.63% Cu over 9.5 m (drill hole G-008)
- 5.03% Cu over 13.7 m (drill hole C-001)
Further highlights followed as part of the first Axo campaign in 2023:
- 7.37% Cu over 7.6 m (LHCC-23-023)
- 5.87% Cu over 8.9 m (LHCC-23-022)
Phase II Program (2025)
The currently ongoing Phase II drilling program comprises 15,000 meters and aims at an expansion of the high-grade zones as well as the exploration of new target areas. Approximately 3,288 meters had been completed by September 2025.
Recent highlights include:
- 5.24% CuEq (4.86% Cu + 30 g/t Ag) over 6.4 m,
within 3.08% CuEq over 13.2 m (drill hole LHCC-25-045).
This borehole confirmed the continuity of the mineralization along the trend and intersected the zone below a known fault system, indicating an extension of the structure.
(Fig. 3: Cross-section along the La Huerta trend)
La Huerta South – New Regional Target Zone
Approximately three kilometers south of Las Marías is the new zone La Huerta South, which is being drilled for the first time as part of the Phase II program. Initial trench and rock samples showed exceptional surface grades with more than 10% copper, accompanied by gold values up to 2.6 g/t Au.
These results indicate the potential of a multi-metal system and open up the possibility for Axo Copper to significantly expand the project area.
(Fig. 4: La Huerta South – regional target area)
Quality Assurance (QA/QC)
Axo Copper attaches great importance to transparency and data integrity. All drill cores are geologically documented, photographed, halved, and sampled according to strict QA/QC protocols. The samples are analyzed in the independent ALS Chemex laboratory in Querétaro and Zacatecas.
Modern ICP analyses (ME-ICP61) and over-limit assays (Cu-OG62) are used for high copper values. In addition, reference materials, blank samples, and duplicates are systematically inserted into the sample series. All published results have met the internal QA/QC standards.
Management
The management team of Axo Copper combines technical expertise, capital market experience, and local industry knowledge – a crucial factor for success in the early exploration phase.
Jonathan Egilo – President & CEO, Director
Mining engineer (Queen’s University) with experience in capital markets and technical research. Previously Equity Research Analyst at Desjardins Capital Markets, focusing on base and precious metals. His technical training and market knowledge form the basis for Axo Copper’s strategic development.
Glenn Jessome – Executive Chair, Director
Founder of Silver Tiger Metals Inc. and GoGold Resources Inc., both successfully listed on the TSXV and TSX, respectively. As a lawyer with over 25 years of capital market experience, he shapes Axo Copper’s governance and investor relations structure.
Keith Abriel – CFO
Financial expert with over 25 years of experience, including CFO of listed companies such as DHX Media Ltd. and several exploration companies. He has raised over one billion US dollars in capital for listed and venture companies and has extensive M&A expertise.
Doug Reid – Director
Former partner at KPMG Canada, where he held leadership roles for over 40 years. His experience in accounting and governance strengthens Axo Copper’s financial control and strategic corporate management.
Karen Flores – Director
Managing Director of the Mining Chamber of Mexico and one of the most influential figures in the Mexican mining industry (Forbes 2020). She brings extensive experience in regulatory issues, ESG management, and stakeholder relations – a key factor for Axo Copper’s local acceptance.
Lila Maria Bensojo-Arras – Director
Lawyer at EC Rubio, one of Mexico’s largest commercial law firms. Specializing in mining law, environmental regulation, and governance. Her local expertise supports Axo Copper’s operational and legal security in the Mexican environment.
Outlook
With the ongoing Phase II drilling program, Axo Copper has embarked on a clear path to potential resource definitions. The goal is to confirm the high-grade system at Las Marías in its depth and extent, while simultaneously testing new, promising structures – such as La Huerta South.
The results to date demonstrate:
- Continuous high-grade copper mineralization along the trend
- Growing geological database for modeling a scalable system
- Expansion of the exploration infrastructure on site
With two active drilling rigs, an experienced team, and a solid capital structure following the successful IPO in June 2025, Axo Copper is well-positioned to achieve value-creating discoveries and lead the project towards resource estimation and feasibility studies.
Conclusion
Axo Copper Corp. combines geological potential, operational experience, and market knowledge into a compelling investment story. The La Huerta project not only offers high-grade copper grades in a structurally stable country, but also room for significant expansions in a previously underexplored district.
With the ongoing drilling program, proximity to modern infrastructure, and an internationally experienced management team, the company has created the conditions to establish itself as a new growth-oriented copper explorer in Mexico.
(Fig. 5: Overview of the drilling program and target zones 2025)In the long term, La Huerta could become one of the most interesting new copper projects in Mexico – driven by the increasing global demand for a metal that is at the center of the energy transition.
