Copper Mountain's main asset is the 75% owned Copper Mountain mine located in southern British Columbia. The Company has a strategic alliance with Mitsubishi Materials Corporation who own the remaining 25%. The 18,000 acre mine site has a resource of approximately 5 billion pounds of copper. The Copper Mountain Mine commenced production in the summer of 2011 and is Canada's newest major copper producer with mill throughput of 35,000 TPD. The average annual production target is approximately 100 million pounds of copper with gold and silver credits.