Vancouver, British Columbia — February 24, 2026 — Leads & Copy —
American Copper Development Corp. (CSE: ACDX) has been accepted into the Defense Industrial Base Consortium (DIBC), according to a recent announcement by the company. The DIBC, a U.S. Department of War initiative managed by Advanced Technology International (ATI), connects companies with national security programs.
The company says that this milestone will advance its mission to meet America’s demand for copper from its Lordsburg Project in southwestern New Mexico.
According to CEO Anthony Paterson, the Lordsburg Project is located in a historically productive copper district in southwestern New Mexico. Paterson added that the 2023 drill program identified a large-scale porphyry copper system. He stated that membership in the DIBC will provide the Company with access to information and potential engagement opportunities within the U.S. defense industrial network.
American Copper says that copper is an important material in domestic supply chains, and the company looks forward to advancing Lordsburg through continued technical evaluation.
The Lordsburg Project is situated where the Santa Rita and Texas Lineaments intersect in southwestern New Mexico. The company says that the district has a rich mining heritage, with historical production of 3-4 million tonnes from polymetallic veins at average hypogene grades of 2-3% copper, 2-3 ounces per ton (oz/t) silver, and approximately 0.11 oz/t gold. Historical underground drill intercepts have returned copper grades exceeding 4%.
In 2023, the Company completed a maiden six-hole diamond drill program totalling 15,291 feet (ft) that confirmed the presence of a large-scale porphyry copper system with widespread high-grade mineralization. Highlights from the program include:
Hole AC23-006: 144.36 ft of 1.00% CuEq, including 59.06 ft of 2.13% CuEq, 45.93 ft of 2.75% CuEq, and 9.84 ft of 11.35% CuEq
Hole AC23-005: 32.48 ft of 0.52% CuEq
Hole AC23-004: 124.67 ft of 0.39% CuEq
Hole AC23-001: 120.08 ft of 0.38% CuEq
The drilling revealed propylitic and phyllic alteration with consistent copper mineralization associated with chalcopyrite-magnetite-K-spar stockwork veining. The company holds 7,046 hectares of contiguous claims comprising 790 lode mining claims and 105 patented claims at its Lordsburg property.
The Company’s DIBC membership arrives during surging demand from electrification, AI data centres, grid modernization, renewable energy, and rising global defense spending.
American Copper says that rising global defense budgets, advanced weapons systems, unmanned platforms, and next-generation communications networks have made copper a foundational material for modern military capability. Through the DIBC, American Copper gains access to defense-sector solicitations, collaboration tools, and teaming opportunities across the U.S. defense supply chain. The Company intends to leverage this platform to position the Lordsburg Project as a potential strategic domestic copper supply source for defense and critical infrastructure programs.
In other news, the Company intends to settle an aggregate of $350,000 in outstanding debt related to certain milestone payment obligations through the issuance of 1,166,666 common shares at a deemed price of $0.30 per Share to certain non-related parties. The Shares proposed to be issued will be subject to a hold period of four months and one day from the date of issuance. This Debt Settlement is to be completed to preserve the Company’s cash resources for ongoing exploration and development activities at the Lordsburg Project. The closing of the Debt Settlements remains subject to certain customary conditions precedent, including the Company’s receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.
The DIBC is managed by ATI and serves as a collaborative partnership connecting the U.S. Department of War with innovative companies across the defense supply chain.
The technical and scientific information in this press release relating to the Lordsburg Project has been reviewed and approved by Mark Osterberg, P.Geo., Senior Technical Advisor to the Company.
American Copper Development Corp. (CSE: ACDX) is a copper exploration and development company advancing the Lordsburg Project in southwestern New Mexico.
Source: American Copper Development Corp.
