Mineralized zones continue to be extended at Copper Mountain



    TSX.V: CUM

    VANCOUVER, Aug. 14 /CNW/ - Copper Mountain Mining Corporation ("CMMC" or
the "Company) announces results from eleven additional drill-holes completed
in the Pit 2 area of the 100% owned Copper Mountain project. Key results from
the drilling within and peripheral to Pit 2 are:

    
    -   Mineralization extends for at least 700 feet below the current pit
        bottom and remains open to depth at both the eastern and western ends
        of the pit area, with one drill hole intersecting 272 feet of
        .63% CU, 0.32 g/t Au, and 1.88 g/t Ag;
    -   Mineralization extends to the north, and west-southwest beyond the
        current pit area and locally to the south. (the potential for eastern
        and north-eastern extensions to the pit have yet to be tested)
    -   Gold and silver grades in the Pit 2 area are as anticipated and after
        factoring in metallurgical recoveries are likely to contribute 12% to
        the concentrate value as was the historical norm.
    

    Jim O'Rourke, President of the Company commented, "the Company is very
excited that these new drill results from the Pit 2 area clearly show that the
known mineralization continues at depth and at grades that are consistent with
what was achieved historically at this mine site. The next step is to
incorporate these results and prior drill results into an interim global
43-101 resource for the property which has been contracted with an independent
consultant."
    To date, results from a total of 84 drill-holes have been released,
including those contained herein, and these results will be combined with the
historical data for an independent 43-101 compliant resource estimation,
currently in progress and expected to be completed shortly. The drilling in
the Pit 2 area has three objectives: 1) to assist in validating historical
drill data; 2) to provide additional information at depth and in areas of low
drill density and increase resource classification; and 3) to provide better
controls on the location of barren, post-mineralization dykes. Three
dimensional modelling of these dykes is important for both resource estimation
and mine planning. Holes have been drilled from accessible locations on
various benches within the pit and from outside the pit walls.
    Significant intersections from drill-holes announced in this press
release are listed in the table below and shown on the attached map. A
complete list of drill results can be found on the company's website.
http://www.cumtn.com/sitemanager/_pdf_exploration/070814_Drill_Results.pdf

    
    -------------------------------------------------------------------------
    Hole             Total             From    To                   Au    Ag
     ID   Location  Length  Azi  Dip   (ft)   (ft)   Length  Cu%   g/t   g/t
    -------------------------------------------------------------------------
    P207  Pit 2
     -35  East End     472  143  -45                         NSR
    -------------------------------------------------------------------------
    P207  Pit 2
     -36  East End   394.3  140  -51    125     175     50  0.32  0.19  1.24
    -------------------------------------------------------------------------
                                        275     329     54  0.36  0.17  1.17
    -------------------------------------------------------------------------
    P207  Pit 2
     -37  East End     620  319  -55     60     160    100  0.90  0.30  2.52
    -------------------------------------------------------------------------
    P207  Pit 2
     -38  East End   426.4   40  -45     20      50     30  0.99  0.25  2.47
    -------------------------------------------------------------------------
                                        110     130     20  0.96  0.26  2.83
    -------------------------------------------------------------------------
    P207  Pit 2
     -39  East End    1283   39  -55    630     640     10  0.82  0.20  1.82
    -------------------------------------------------------------------------
                                       1005    1045     40  1.06  0.54  2.20
    -------------------------------------------------------------------------
    P207  Pit 2
     -40  East End    1199   90  -48    235     535  242.5  0.38  0.10  1.38
    -------------------------------------------------------------------------
                                        599   634.5   35.5  0.30  0.18  1.36
    -------------------------------------------------------------------------
                                        993    1090     97  0.55  0.22  2.35
    -------------------------------------------------------------------------
                                       1115  1198.5   69.5   0.3  0.17  1.34
    -------------------------------------------------------------------------
    P207  Pit 2
     -41  West Wall   1233   39  -45    180     198     18  0.34  0.07  1.08
    -------------------------------------------------------------------------
                                       1060    1095     35  0.34  0.14  1.14
    -------------------------------------------------------------------------
                                       1167    1202     35  0.28  0.11  0.97
    -------------------------------------------------------------------------
    P207  Pit 2
     -42  East End     699  318  -51   48.7     175  126.3  0.32  0.17  1.20
    -------------------------------------------------------------------------
                                        205     230     25  0.76  0.22  2.38
    -------------------------------------------------------------------------
                                        305     330     25  0.28  0.08  2.52
    -------------------------------------------------------------------------
    P207  Pit 2
     -43  East End     900  228  -45   39.4      59   19.6  0.33  0.09  0.77
    -------------------------------------------------------------------------
                                      211.6     305   93.1  0.40  0.20  1.41
    -------------------------------------------------------------------------
                                      334.6   606.8  272.2  0.63  0.32  1.88
    -------------------------------------------------------------------------
    P207  Pit 2
     -44  West Wall   1297   39  -45   1260    1275     15  0.76  0.27  1.63
    -------------------------------------------------------------------------
    P207  Pit 2
     -45  East End  1049.6   79  -47  206.6     223   16.4  0.30  0.21  1.45
    -------------------------------------------------------------------------
                                        246   285.4   39.4  0.27  0.13  1.51
    -------------------------------------------------------------------------
    Due to an extensive historical drill database all measurements on the
    project are in imperial units rather than metric.
    

    Most of the barren parts of the drill-holes within the Pit boundaries are
due to barren, Tertiary-aged, felsic dykes which are north-south trending with
steep, but variable, dips. The detailed definition of the dykes is a departure
from previous work where the dykes were assumed to be simply vertical.
    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.

    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. The Company owns 100% of
Similco Mines Ltd which holds the mineral claims and crown grants over the
18,000 acre Similco Mine site, located 15 km south of the town of Princeton in
southern British Columbia. Copper Mountain Mining Corp. has the goal of
verifying and expanding the historical resources of the Copper Mountain
project, as documented in a 43-101 technical report recently filled on SEDAR.
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 statements.

    %SEDAR: 00025279E




For further information:

For further information: Don Graham, Director Investor Relations, (604)
682-2992 ext. 224 Or B&D Capital, (604) 685-6465


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