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To: LoneClone who wrote (20812)6/4/2008 10:48:42 AM
From: LoneClone  Read Replies (1) | Respond to of 194801
 
Copper Mountain Mining Corporation - Drilling of geophysical anomaly under pit No. 3 intersects 322 ft of 1.31% Cu
Wed Jun 4, 9:31 AM

ca.news.finance.yahoo.com

TSX.V: CUM

VANCOUVER, June 4 /CNW/ - Copper Mountain Mining Corporation ("CMMC" or the "Company) is pleased to announce that the Company's deep penetrating diamond drill hole program targeted to test the large geophysical anomaly underneath Pit 3 has intersected significant mineralization 1,200 feet below the current pit bottom. The hole confirms depth continuity of high grade mineralization and adds confidence to the geophysical model. The main mineralized intercept of 957 feet at 0.55% Cu includes 322 ft of 1.31% Cu, 5.53 gpt Ag and 0.34 gpt Au. Highlights are included in the table below and shown on the attached map.

The anomaly was identified as part of the Titan 24 deep penetration geophysical survey on the 100% owned Copper Mountain project, situated near Princeton, British Columbia. The Titan survey has outlined several large areas of high chargeability, both near to surface and at depth (see attached figure). Currently known mineralization and the interpreted geological model for the area correlate well with the chargeability anomalies, providing confidence in the survey interpretation. Drill-hole CM08P3-08 is the first deep diamond drill-hole which tests the chargeability anomalies underneath Pit 3. The drill-hole ended in mineralization and intersected a number of mineralized zones over a total drilled distance of 3,025 feet (see table) which validates the geophysical results in this area. Results from diamond drill-hole CM08P3-08 are as follows:


-------------------------------------------------------------------------
Inter- Cu Ag Au
Hole ID Location Azi Dip From To val Cu % EQ* g/t g/t
-------------------------------------------------------------------------
CM08P3
-08 Pit 3 Deep 235 -47 980 1060 80 0.53 0.61 2.30 0.20
-------------------------------------------------------------------------
1150 1204 54 0.42 0.44 1.62 0.02
-------------------------------------------------------------------------
1775 2732 957 0.55 0.61 2.23 0.14
-------------------------------------------------------------------------
incl. 1775 1965 190 0.41 0.44 1.50 0.06
-------------------------------------------------------------------------
incl. 2410 2732 322 1.31 1.45 5.53 0.34
-------------------------------------------------------------------------
3000 3025 25 0.40 0.50 2.26 0.24
-------------------------------------------------------------------------
* Based on metal prices of: Copper US $3.00/lb, Gold at US $675/Oz, and
Silver at US $12/Oz with metallurgical recoveries at 100%


Drill-hole P3-08 was collared 200 meters east of Pit 3 at a 47 degree angle and confirms the depth continuity of the high grade mineralization. The high-grade mineralized zones within the Pit 3 area are predominately vertical and as the drill-hole had flattened to 30 degrees below the pit bottom the true thickness of the mineralization is estimated to be approximately 87% of the intersected distance.

A total of five drills are currently working on the property: two drills are located on the northeast wall of Pit 3 to upgrade inferred resources within the five year pit plan; one drill is located in Pit 3 to provide details for mine planning; one drill is drilling the northwest extension of Pit 2 where drill results have identified a new zone of mineralization that may have the potential to expend the Super Pit; and the fifth drill has been allocated to testing the Titan 24 geophysical anomalies. Drilling since December 20, 2007 has not been included in the updated resource report being prepared for the Feasibility Study. The 2008 drill results will be added to new resource estimates as the project progresses and used for subsequent optimization of the mine plan.

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 located 300 km outside of Vancouver, British Columbia. The Copper Mountain project is a former producer and has extensive infrastructure in place, including power and water. The site can be accessed year round via a paved public road to the mine gate, 20 kilometres from the town of Princeton. A Feasibility Study is currently under way with completion targeted for the first half of 2008.

To view related images please click the following link: files.newswire.ca

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 1,000 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 mid tier 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.

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