Somerset Minerals Limited has reported encouraging early results from its maiden surface sampling program at its Coppermine Project in Nunavut, Canada. The initial campaign, conducted across the Laphroaig, Jura, and Coronation districts, has identified extensive near-surface copper mineralisation with exceptionally high grades. At Laphroaig, standout rock chip samples returned copper levels above 50%, including one sample with 51.96% copper and 52.2 g/t silver, confirmed along a 500‐meter strike within a broader 2.0 km trend. In the Jura district, sampling over a 5.0 km strike along a major north–south fault yielded copper grades as high as 19.10% with notable silver content. Meanwhile, the Coronation area, although presenting lower grades in the range of roughly 0.87% to 1.87% copper, has been highlighted due to its strong geophysical signatures and historic drill intercepts supporting drill‐ready targets. The company’s Managing Director, Chris Hansen, remarked that these early results are exceptional and confirm the potential for an extensive, high‐grade copper system. The announcement underscores the systematic approach to exploration, with follow‐up activities including a fully funded and permitted maiden drill campaign set to start around July 5. This upcoming 1,500-metre reverse circulation drill program will initially focus on the Coronation target where historical induced polarisation data indicated multiple high-priority anomalies, while planned efforts at Jura will aim to delineate the continuity of the known mineralisation. From a technical perspective, the announcement provided detailed assay results along with spatial coordinates and sample types, confirming that the mineralisation is predominantly vein-hosted with phases of oxidation. These technical indicators, including samples with over 50% copper and significant silver titres, support the interpretation of a system with district-scale potential. The project is strategically situated on extensive land holdings covering 1,665 km² in one of the world’s underexplored copper provinces, with historical work dating back to the mid-20th century lending further credibility to the exploration model. Bullish sentiment is supported by the impressive high-grade assay outcomes, the significant lateral extents of mineralisation at both Laphroaig and Jura, and the fully permitted, well-funded status of the exploration program. The upcoming drill campaign and Phase-2 expansion further cement Somerset Minerals Limited’s potential to unlock a major copper district, making it an appealing narrative for investors looking to exploit early-stage exploration successes. Conversely, bearish views center on the inherent risks of early-stage surface sampling programs, where preliminary assay data may not fully reflect the gold standard of subsurface continuity until drill testing confirms resource definitions. Potential investors should therefore remain cautious and consider that further work is needed to validate these high-grade targets.