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



    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
    

    %SEDAR: 00025279E




For further information:

For further information: 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


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