Carube Copper and OZ Minerals Sign Definitive Farm-in Joint Venture Agreement Covering Three Jamaican Projects

Carube Copper Corp. (TSXV: CUC) announced today that it has signed a definitive joint venture
agreement with a wholly owned subsidiary of OZ Minerals Limited (OZL:ASX) an Australian copper miner
with a market cap of approximately $1B. The farm-in agreement sets out the terms and conditions under
which OZ Minerals can earn an interest in each of the projects, OZ Minerals has until December 20, 2015 to
elect which projects it wants to include in the joint venture.
The three projects are comprised of four exploration licenses totalling 176 sq kms and are located on
Jamaica’s highly prospective Cretaceous Inliers. The four licenses contain certain intrusives that show
potassic alteration, with copper, gold and molybdenum distribution in rocks, soils and stream sediments
suggestive of porphyry copper + gold ± molybdenum in areas underlain by, and adjacent to, the intrusives.
In addition, the projects contain numerous underexplored epithermal gold, oxide copper, copper skarn and
structurally-controlled copper prospects. Previously, no sustained effort has been made to investigate the
total extent of porphyry copper on these licences. Porphyry copper systems have been identified in a similar
geological environment at Bellas Gate, the location of Carube Copper’s existing joint venture with OZ
Minerals.

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