VANCOUVER, Sept. 19 /CNW/ - Copper Mesa Mining Corporation ("Copper Mesa"
or the "Company") (TSX:CUX) is pleased to announce that it has received
confirmation from the National Director of Mines ("NDM") that both the Golden
1 and Golden 2 concessions, which comprise the important Junin
copper-molybdenum prospect in the Imbabura Province of Ecuador, are to be
reinstated to the Company. The NDM has instructed the applicable governmental
agencies to take all steps as necessary to put this order into effect.
Gary E. Davis, President and CEO of the Company, commented, "We view this
action as a very positive outcome to our appeal of the purported nullification
of these concessions in January 2008. This is further evidence of the
willingness of the current Administration to work jointly with mining
companies for advancement of mining interests in the country."
The Company eagerly anticipates the new Mining Law which is currently
being drafted and readied for approval by the legislature. It is expected that
this new Law will bring clarity to mining issues in Ecuador and allow for the
environmentally sound development of the mining industry, providing benefits
to Ecuador's citizens, the Ecuadorian government, and to our shareholders.
For further information:
For further information: Rana S. Gill, Chief Financial Officer,
1-866-907-6047, email@example.com; or Joanna Longo, Investor Relations,