Copper Mesa announces review of strategic alternatives

    VANCOUVER, Feb. 26 /CNW/ - Copper Mesa Mining Corporation ("Copper Mesa"
or the "Company") (TSX:CUX) today announced that it is reviewing its strategic
alternatives, including, but not limited to, the sale of certain assets and,
alternatively, the potential sale of the Company. Copper Mesa has engaged
Desjardins Securities Inc. as financial advisor to assist the Company in
evaluating and considering such alternatives and their potential for enhancing
shareholder value.
    The review was precipitated by the receipt of expressions of interest to
purchase certain assets for cash and alternatively, purchase all of the
outstanding shares of the Company. The Board of Directors of Copper Mesa has
established a Special Committee of independent directors to oversee the review
process and make recommendations to the Board. The Company emphasized that
there can be no assurance that any transaction or other alternative will
ultimately be completed.

    About Copper Mesa Mining Corporation

    Copper Mesa is a mineral exploration and development company focused on
advancing into production its two key past-producing copper properties, the
Zonia and Emerald Isle Mines in Arizona.

For further information:

For further information: Rana S. Gill, Chief Financial Officer,
1-866-907-6047,; or Joanna Longo, Investor Relations,

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