VANCOUVER, April 22, 2015 /CNW/ - Copper Mountain Mining Corporation (TSX: CUM) (the "Company" or "Copper Mountain") announces that the Provincial Government has awarded the 2014 Edward Prior Award to the Copper Mountain Mine. The Edward Prior Award is presented annually to the mining operation having worked between 200,000 and 1,000,000 worker hours during the year, with the lowest injury frequency rate (Loss Time Incident "LTI"). Representatives from the Copper Mountain Mine attended the BC Mines Safety Awards Banquet in Victoria and accepted the award on behalf of all the team members at the Copper Mountain Mine.
Jim O'Rourke, President and CEO of Copper Mountain, remarked, "I congratulate our mine employees for their dedication to safety while continuing to achieve new operational records at the mine. During the first 19 days of April, the mill has operated at record rates and throughput averaged 39,800 tpd. We have a strong operating team and I am confident that the team will continue to maintain their great safety record while they continue to maximize production. As of this week the mine has worked over 1.5 million hours LTI free".
About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns the remaining 25%. The Copper Mountain mine commenced production in the latter half of 2011, and has continued to improve its operations. The key development for 2014 was the installation of the secondary crusher as a permanent solution to maximize concentrator throughput and improve overall efficiencies for the company. Secondary crusher construction was completed by the end of July 2014 on budget and on schedule. The 18,000 acre site has a large resource of copper that remains open laterally and at depth. The mine has significant exploration potential that will need to be explored over the next few years to fully appreciate the property's full development potential. Additional information is available on the Company's web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
Jim O'Rourke, P.Eng.
Chief Executive Officer
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.
SOURCE Copper Mountain Mining Corporation
For further information: Rod Shier, Chief Financial Officer, 604-682-2992 ext.222, Email: [email protected], Website: www.CuMtn.com