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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters7/23/2006 6:30:56 PM
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CORRECTION: Augusta Intercepts 140m of 1.32% Copper, 1.57% Copper Equivalent, at Rosemont


VANCOUVER, BRITISH COLUMBIA--July 19, 2006 - The following correction replaces the press release issued earlier today. The date at the top of the release should be July 19, 2006. The corrected release follows:

Augusta Resource Corporation (TSX VENTURE:ARS) ("Augusta" or the "Company") is pleased to announce initial drill results from 3 holes of the current 30 hole 20,000 metre program at the Rosemont Copper Molybdenum Project in Arizona. The current diamond drill program is designed as in-fill of inferred resources and step out expansion.

Highlights include 190.5 m at 0.51% Cu, 140.21m at 1.32% Cu, 111.25m at 0.82% Cu and 163m at 0.72% Cu.
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