MCK Mining Corp.

MCK Mining Corp.

January 10, 2005 08:27 ET

MCK Mining Corp. to Initiate Chepica-Phase 1 Drill Program


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MCK MINING CORP.

TSX VENTURE SYMBOL: MMC

JANUARY 10, 2005 - 08:27 ET

MCK Mining Corp. to Initiate Chepica-Phase 1 Drill
Program

TORONTO, ONTARIO--(CCNMatthews - Jan. 10, 2005) - MCK Mining Corp.
("MCK") (TSX VENTURE:MMC) announced today that it will initiate the
Phase 1 Exploration Program next week at its Chepica gold copper
prospect located 25 km west of Talca, Chile. Surface access permits and
agreements are now in place, a 1,500 metre diamond drilling contract has
been finalised and preparation of the campsite, core processing and
access roads is in progress. The drill is to be on site January 20th .

The initial drill program is focused on the core 490 hectare Chepica
concessions held under option by MCK from Sociedad Legal Minera "Chepica
Primera de Pencahue" ("SLMChepica"). SLMChepica constructed several
short adits in 2002 which encountered grades up to 4% copper and 6 g/t
gold once into the un-weathered sulphide material and they have a permit
to construct a 100 tonne per day flotation plant and associated tailings
ponds. However, MCK believes that a drill program is necessary to
determine whether there is sufficient continuity along strike and down
dip before one can begin to quantify the resources, size the development
or justify a development decision.

MCK has carried out extensive surface mapping and sampling since April
2004 which has identified numerous new veins with anomalous copper and
gold values, some with strike lengths exceeding 600 metres and widths
varying between 1 metre and 16 metres. Up to 13 holes will be drilled to
test the exploration premise that these epithermal quartz veins will
exhibit grades and widths capable of yielding mineral reserves once
below the leached oxidised horizons. The widths, steep dips and an
easily accessible location present an exploration target that could be
rapidly advanced to production at modest capital cost if mineral
reserves are delineated.

MCK has established a contiguous regional land position of exploration
concessions covering 107 square kilometres in a 20 km by 5 km zone.
Several new exploration targets have been identified and follow up work
is being planned.

Maps and tables illustrating the regional property position, the
immediate core Chepica concessions and sample results are posted on its
website, www.mckmining.com.

MCK's qualified person on this project is Dr. Christopher Hodgson, P.
Eng.

The shares of MCK Mining Corp. are quoted under the symbol MMC on the
TSX Venture Exchange.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    MCK Mining Corp.
    John Purkis
    President & CEO
    (604) 643-1736
    johnpurkis@mckmining.com
    www.mckmining.com
    " The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release."