Getty Announces Plans for a Pre-Feasibility Engineering Study by West Coast Environmental and Engineering For SX-EW Copper Cathode Prodution by Heap, Dump and Pressure Oxidation Leaching

    Trading Symbol TSX:V GTC

    VANCOUVER, Aug. 24 /CNW/ - The company is pleased to announce that it has
contracted with West Coast Environmental and Engineering to immediately
commence a pre-feasibility engineering study focused on potential cathode
copper production from the Getty North and Getty South oxide and sulphide
copper resources. These are located in the traditional Highland Valley mining
district of British Columbia. This follows the recent finalization of both the
Getty North and Getty South NI 43-101 resource reports completed by Vector
Engineering Inc. under the direction of Mr. Craig L. Parkinson, P.G., an
independent Qualified Person. Mr. Parkinson will also be the primary Qualified
Person for the pre-feasibility engineering study.
    In 1998, Bateman Engineering Inc. completed a technically and financially
positive Feasibility Outlook engineering study for the Getty North oxide
copper resource focused on open-pit mining, heap leaching, solvent extraction
and electro-winning to produce cathode copper. This report was prepared prior
to the implementation of NI 43-101 and while relevant and useful it cannot be
relied upon. The new engineering study is intended to update this past work
and include possible development of both the oxide and sulphide resources. The
oxide resource is proposed to be developed in the same manner as originally
proposed by Bateman with heap/dump leaching followed by solvent extraction and
electro-winning. The sulphide resources of the Getty North Deposit would
potentially be open-pit mined in conjunction with both the Getty North and
Getty South oxide resources. The sulphide copper is proposed to be treated
using conventional milling and flotation as is done worldwide to produce
copper concentrates. Any copper concentrate that might be produced is proposed
to be pressure leached on site with industrially proven, low pressure and
temperature pressure oxidation autoclaving followed by solvent extraction and
electro-winning to produce high quality cathode copper metal. Pressure
oxidation of copper concentrates is a rapidly emerging industrially applied
and environmentally sound global industrial technology. The proposed pressure
oxidation facility at the Getty property will be based on this proven
industrial technology. It will offer the advantages of a large scale
application of the technical and financial advantages of low pressure and low
temperatures assuming that the planned study is positive. However, at this
time there can be no assurance that the proposed pre-feasibility study will
indicate that the quality of the present resources will be upgraded to the
status of reserves or that the planned processes will be able to produce
cathode copper material as planned. The above plans for producing copper
concentrates and cathode copper may not be economically achievable even though
the testing and planning to date indicate that the copper cathode could
potentially be produced using the planned processes.
    The independent qualified person who has reviewed this release is Craig
L. Parkinson, P.G., a consultant to the company.

    Certain statements in this document constitute "forward-looking
statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements of the Company, or industry results, to
be materially different from any future results, performance, or achievements
expressed or implied by such forward-looking statements.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.


    Dr. Corby G. Anderson President and COO

For further information:

For further information: Dr. Corby G. Anderson, GETTY COPPER INC., 1000
Austin Avenue, Coquitlam, BC, V3K 3P1, Phone: (604) 931-3231, Fax: (604)

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