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To: LoneClone who wrote (12739)	1/10/2008 10:15:58 AM
From: LoneClone	Read Replies (1) \| Respond to of 194001

Drilling indicates expansion of Pit 2 mineralization to northwest: intersects 400 feet grading 0.69% Cu, 0.26 g/t Au, and 1.71 g/t Ag Thu Jan 10, 9:45 AM ca.news.finance.yahoo.com TSX.V: CUM VANCOUVER, Jan. 10 /CNW/ - Copper Mountain Mining Corporation ("CMMC" or the "Company) announces assay results from twenty-one additional drill-holes completed peripheral to Pit 2 and three drill-holes in the Pit 1 - Pit 3 saddle zone of the 100% owned Copper Mountain project. "It is becoming increasingly difficult to define the limits of the mineralization in some areas as we continue to intersect significant mineralization through aggressive drilling beyond the historically mined areas" stated President and CEO, Jim O'Rourke. "The focus of the drill program is to upgrade and expand the resource used in the recent Preliminary Assessment Report which was based only on drilling up to July 20, 2007. The results included herein demonstrate the potential for expansion of the resource and open-pit limits that should enhance the resource within the proposed Super Pit". Key results from the drilling on the western and north-western side of Pit 2 are: - Mineralization occurs throughout the ridge forming the western side of Pit 2 and is open to expansion both to the west and northwest towards a significant Titan 24 chargeability anomaly located 600 ft. northwest of current drilling. Development of resources in this area will result in an overall enlargement of the planned Super Pit area. - Drill-hole P2-67 is the most significant intersection in this batch being released today, which intersected 400 feet grading 0.69% Cu, 0.26 g/t Au, and 1.71 g/t Ag (0.79% Cu Equiv.) approximately 500 feet west of the most western edge of Pit 2. - Drill-holes QA3 and QA4, within the saddle zone located between Pits 1 and 3, intersected relatively shallow zones of mineralization above the known area of mineralization which will continue to improve mine economics by decreasing the strip ratio in this area. To date, results from 130 drill-holes have been released from the 2007 program. Samples from an additional 34 drill-holes are currently being processed with results anticipated to be compiled in late January. All of 2007 drill results will be added to the historical database for an updated, independent 43-101 compliant resource estimate which is anticipated early in 2008. The current drilling in the Pit 2 and Saddle zone areas has three primary objectives: 1) to provide enough data to upgrade inferred resources to the indicated and measured categories; 2) to confirm the extension of Pit 2 west towards Pit 1; and 3) to provide additional information at depth and in areas of low drill density in order to convert waste blocks to mineralized blocks. Significant intersections from drill-holes announced in this press release are listed in the table below. A complete list of drill results can be found on the company's website. The mineralized system at Copper Mountain is classified as a bulk-tonnage, alkalic porphyry copper deposit that is hosted within Nicola Group volcanic rocks. Mineralization is structurally controlled and focused at multi-directional vein intersections and within vein stockwork systems. Drill holes are usually drilled at angles of -45 or -55 degrees to provide the best indication of the lateral extents of vertically oriented mineralization. The Copper Mountain project is situated 300 km east of Vancouver, British Columbia. The Copper Mountain project is a former producer of 1.7 billion pounds of copper and has extensive infrastructure in place, including power and water. The site can be accessed year round as a paved highway goes right to site. Quality Assurance The company employs a system of quality control for drill results which includes the use of blanks, certified reference material (standards) and check assaying. Core is logged on site and split with a diamond saw. Samples are shipped to Pioneer Laboratories for geochemical analysis of copper with all values of greater than 1000 ppm copper being re-analysed by assay methods for copper, gold and silver. The drilling program is being supervised by Peter Holbek, M.Sc., P.Geo., a qualified person as defined by National Policy Instrument 43-101. About Copper Mountain Mining Corp.: CMMC is a new public BC resource company managed by an experienced team of professionals with a solid track record of exploration and development success. The Company owns 100% of Copper Mountain Project which holds the mineral claims and crown grants over the 18,000 acre mine site. Copper Mountain Mining Corp. has the goal of developing the Copper Mountain Project as a major copper and precious metal producer within the next three years. Additional information is available on the Company's web page at www.CuMtn.com. On behalf of the Board of COPPER MOUNTAIN MINING CORPORATION "Peter Holbek" Peter Holbek VP Exploration Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statement. COPPER MOUNTAIN MINING CORPORATION NEWS RELEASE DATED JANUARY 10th, 2008 - DRILLING INDICATES EXPANSION -------------------------------------------------------------------- OF PIT 2 MINERALIZATION TO NORTHWEST: INTERSECTS ------------------------------------------------- 400 FEET GRADING 0.69% Cu, 0.26 g/t Au, and 1.71 g/t Ag ------------------------------------------------------- ------------------------------------------------------------------------- Inter- Length From To val Cu Ag Au Hole ID Location (feet) Azi Dip (feet)(Feet)(Feet) Cu% EQ GMT GMT ------------------------------------------------------------------------- CM07P2-57 Pit 1-2 1007 39 -55 760 810 50 0.93 1.02 2.77 0.24 Saddle Zone ------------------------------------------------------------------------- CM07P2-58 Pit 1-2 740 39 -60 135 185 50 0.24 0.26 0.88 0.06 Saddle Zone ------------------------------------------------------------------------- 400 485 85 0.7 0.77 1.82 0.17 ------------------------------------------------------------------------- CM07P2-59 Pit 1-2 1067 39 -65 270 370 100 0.39 0.42 1.15 0.07 Saddle Zone ------------------------------------------------------------------------- 410 483 73 0.36 0.39 1.49 0.08 ------------------------------------------------------------------------- CM07P2-60 Pit 1-2 1216 39 -50 550 610 60 0.41 0.49 1.16 0.22 Saddle Zone ------------------------------------------------------------------------- 700 750 50 0.68 0.76 1.7 0.2 ------------------------------------------------------------------------- 900 1010 110 0.4 0.49 1.19 0.25 ------------------------------------------------------------------------- CM07P2-61 Pit 1-2 1135 39 -50 210 242 32 0.62 0.73 1.9 0.29 Saddle Zone ------------------------------------------------------------------------- 316 443 127 0.23 0.27 0.95 0.1 ------------------------------------------------------------------------- 80 190 110 0.44 0.52 1.41 0.22 ------------------------------------------------------------------------- CM07P2-62 Pit 2 1077 219 -50 625 825 200 0.63 0.69 1.52 0.16 West ------------------------------------------------------------------------- CM07P2-63 Pit 2 395 39 -45 77 115 38 0.4 0.50 1.4 0.28 West ------------------------------------------------------------------------- CM07P2-64 Pit 2 590 39 -45 430 590 160 0.24 0.30 0.85 0.16 West ------------------------------------------------------------------------- CM07P2-65 Pit 2 1065 219 -60 150 210 60 0.57 0.62 1.33 0.12 West ------------------------------------------------------------------------- 310 360 50 0.45 0.51 1.65 0.14 ------------------------------------------------------------------------- 520 545 25 0.55 0.80 1.82 0.73 ------------------------------------------------------------------------- 605 650 45 0.57 0.63 1.6 0.14 ------------------------------------------------------------------------- CM07P2-66 Pit 2 437 39 -50 265 437 172 0.29 0.34 1.19 0.13 West ------------------------------------------------------------------------- CM07P2-67 Pit 2 850 39 -47 425 825 400 0.69 0.79 1.71 0.26 West ------------------------------------------------------------------------- CM07P2-68 Pit 2 976 39 -49 345 425 80 0.39 0.45 1.06 0.17 West ------------------------------------------------------------------------- 600 650 50 0.24 0.27 0.83 0.09 ------------------------------------------------------------------------- 915 976 61 0.32 0.38 1.08 0.17 ------------------------------------------------------------------------- CM07P2-69 Pit 2 853 39 -49 30 210 180 0.67 0.78 1.82 0.29 West ------------------------------------------------------------------------- 275 335 60 0.37 0.44 0.9 0.19 ------------------------------------------------------------------------- CM07P2-70 Pit 2 775 39 -46 57 297 240 0.36 0.42 1.11 0.17 West ------------------------------------------------------------------------- CM07P2-71 Pit 2 76 39 -60 NSR West ------------------------------------------------------------------------- 435 480 45 0.31 0.37 0.9 0.18 ------------------------------------------------------------------------- 570 655 85 0.27 0.33 1.24 0.16 ------------------------------------------------------------------------- 695 735 40 0.28 0.35 1.24 0.19 ------------------------------------------------------------------------- CM07P2-72 Pit 2 1007 39 -49 715 730 15 0.87 1.01 3.53 0.36 West ------------------------------------------------------------------------- 930 945 15 0.52 0.61 1.3 0.25 ------------------------------------------------------------------------- 67 137 70 0.32 0.39 1.16 0.2 ------------------------------------------------------------------------- CM07P2-73 Pit 2 1277 39 -50 100 180 80 0.57 0.61 1.99 0.1 South ------------------------------------------------------------------------- 770 1280 510 0.34 0.39 1.14 0.13 ------------------------------------------------------------------------- CM07P2-74 Pit 2 805 39 -50 NSR South ------------------------------------------------------------------------- CM07P2-75 Pit 2 1257 39 -54 903 1005 102 0.33 0.40 1.26 0.19 South ------------------------------------------------------------------------- CM07P2-78 Pit 2 1207 129 -45 220 275 55 0.21 0.24 1.15 0.07 East ------------------------------------------------------------------------- 447 475 28 0.42 0.44 2.55 0.03 ------------------------------------------------------------------------- CM07QA-2 P3-P1 784 39 -47 702 735 33 0.39 0.43 1.3 0.1 Saddle Zone ------------------------------------------------------------------------- CM07QA-3 P3-P1 413 219 -52 39 79 40 0.54 0.66 2.65 0.31 Saddle Zone ------------------------------------------------------------------------- CM07QA-4 P3-P1 361 219 -45 90 200 110 0.49 0.55 2.76 0.12 Saddle Zone ------------------------------------------------------------------------- * Based on current metal prices of: Copper US $3.00/lb, Gold at US $675/Oz, and Silver at US $12/Oz Contacts Don Graham Director Investor Relations (604) 682-2992 ext. 224 Email: don@CuMtn.com Website: www.CuMtn.com or B&D Capital (604) 685-6465