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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (27017)10/8/2008 12:10:08 PM
From: LoneClone  Read Replies (1) of 193999
 
Copper King Mining Corporation Announces Mining Updates
Wed Oct 8, 9:07 AM

ca.news.finance.yahoo.com

MILFORD, Utah--(BUSINESS WIRE)--Copper King Mining Corporation (Pink Sheets:CPRK), an ore mining, processing, and exploration company located in Southern Utah, today provided updates concerning its operations.

Significant Contract

The company recently awarded a contract to Quality Crushing of Cedar City Utah for two purposes: first to produce road base for dust suppression on the mine haul road surface. This will facilitate more efficient travel between the company’s operating mines and the Flotation Mill; and second to, perform ore crushing services during the Flotation Mill’s first operating year. As soon as Quality completes the road base construction, it will commence crushing ore for the Flotation Mill’s concentrator, which is projected to be in late November 2008.

Concentrator and Mill Components

The company anticipates that the concentrator will be online and operational within sixty days or less. As of this press release’s date, nearly all mill components are paid for as construction enters in final phases. The company believes that only small items are left to be purchased, such as vales, meters, etc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements

For more information, visit Copper King’s website at copperkingmining.com or contact Gavin Wetzel at 801-548-2831.

Copper King Mining Corporation
Gavin Wetzel, 801-548-2831
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