Thursday December 13, 6:20 pm ET
VANCOUVER, Dec. 13 /CNW/ - Copper Mountain Mining Corporation
("CMMC" or the "Company) is pleased to announce that Hatch Ltd.
("Hatch") has been engaged to complete a Feasibility Study as
recommended by the recently released Preliminary Assessment Report on the
Company's 100% owned Copper Mountain project located near Princeton, British
Columbia. The Feasibility Report will form a key component in making a
production decision on the Copper Mountain Project in the first half of 2008.
The Company's goal is to have the
The Feasibility Study will be based on the design criteria in the Preliminary
Assessment Report which involves processing 35,000 tonnes per day of mill feed and producing a copper
concentrate containing approximately 100 million pounds copper per year plus
gold and silver. Giroux Consultants Limited have been contracted to update the
43-101 interim resource report filed on SEDAR and included drill data up to
July 20, 2007. The updated resource report will include drill data up to
December 20, 2007. Drilling at the site has been continuous since July and the
company plans to continue an aggressive drilling program into 2008 to maximize
the property's potential and test some of the deeper potential identified in
the recently released Titan 24 results (see news release dated December 4,
2007).
Mr. O'Rourke, Chief Executive Officer of Copper Mountain stated: "We
are pleased to have Hatch involved with this project early and proceeding with
the Feasibility Study is another major step forward for the Company in the
reactivation of this past copper and precious metals producer. We believe
shareholders should be very pleased with our aggressive program that has seen
the completion of an interim resource and positive preliminary assessment and
now the commencement of a Feasibility Study, just 11 months after acquisition
of the property. It is a tribute to our team of professional and consultants
that we have been able to move this project ahead at such a rapid pace, and we
are very pleased to have Hatch officially on board with the task of completing
the Feasibility Study in the first half of 2008."
At present the Company has 4 drills on site, making
it one of the largest exploration programs in BC for the 2007 year. The
exploration 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 Corporation:
CMMC is a new public BC resource company. The Company owns 100% of the
Copper Mountain Project located 15 km south of the town of
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION