Columbus Copper Corporation

Columbus Copper Corporation

June 11, 2013 09:00 ET

Columbus Copper Reports 54.0 Metres Grading 3.3gpt Gold from Continuous Rock Chip Sampling at its Kavaklitepe Project, Turkey

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2013) - Columbus Copper Corporation ("Columbus Copper") (TSX VENTURE:CCU) (formerly Empire Mining) is pleased to provide additional exploration results from its 100% owned Kavaklitepe gold project in western Turkey. Continuous rock chip sampling along a forest track running across one of the mineralized zones returned 54.0 metres grading 3.33 grams per tonne ("gpt") gold including 21.5 metres grading 7.2 gpt gold where the mineralization is better exposed and no contamination with overburden was observed. Scattered rock chip composite samples were also collected within the zone and returned 22.7 gpt, 13.2 gpt and 1.91 gpt gold respectively, and confirm previously announced positive gold results. The gold mineralization was found within a well-defined soil anomaly that measures 850 metres by 250 metres elongated northeast to southwest, that might be displaced about 700 metres by a northwest-trending fault, and continuing for another 800 metres to the southwest. The limited outcrop found and sampled within the zone led to identify brecciated schist with dark silica infill suggestive for a low-sulphidation epithermal type of gold mineralization.

The results from the rock chip sampling are presented in the table below together with the original reconnaissance rock sampling by Columbus Copper that was reported in news releases of January 17, 2013 and March 1, 2013 respectively. Results from the current sampling are highlighted in grey.

Sample No Au (gpt) Ag (gpt) Sb (ppm) Sample Description
146009 5.21 2.6 73 1.5m rock chip sample
146010 <0.01 <0.5 <5 Float sample
146011 <0.01 <0.5 <5 Float sample
146012 0.01 3.1 16 Rock sample
146051 0.02 <0.5 6 3m rock chip sample
146052 0.04 0.7 128 Rock sample
146053 0.05 <0.5 <5 Float composite
146054 0.01 <0.5 8 Rock sample
146058 5.21 1.6 67 0.8m rock chip sample
146059 1.96 1.5 52 4m continuous rock chip sample
146060 2.29 1.1 42 8m continuous rock chip sample
146061 3.32 2.2 80 9m continuous rock chip sample
146062 2.14 1.2 42 0.5m rock chip sample
146063 0.04 0.5 34 Rock composite sample
146064 0.27 1.6 21 Rock composite sample
135785 <0.01 <0.5 7 Recrsytallized marble
135786 21.7 6 206 3m rock chip sample
135787 28.2 3.5 118 1m rock chip sample
135788 3.66 1.5 543 2m rock chip sample
135789 6.7 4 662 4m rock chip sample
135790 0.04 <0.5 12 Rock composite sample
135792 7.39 1.7 157 1.5m rock chip sample
135793 5.03 1.3 160 1m rock chip sample
135794 2 0.9 120 1.5m rock chip sample
135795 7.68 1.7 185 1m rock chip sample
135796 2.8 0.6 135 1m rock chip sample
135797 0.04 <0.5 6 7m rock chip sample
135798 0.09 <0.5 15 5m rock chip sample
135800 0.24 0.6 186 1m rock chip sample
135801 0.84 <0.5 59 1.5m rock chip sample
135802 1.91 0.5 81 Rock sample
135803 22.7 3.6 801 Rock sample
135804 13.2 1.9 1350 2m rock chip sample
135805 0.15 <0.5 124 3m continuous rock chip sample
135873 0.11 <0.5 92 3.1m continuous rock chip sample
135874 1.21 0.5 144 3.6m continuous rock chip sample
135875 1.05 0.6 165 3.4m continuous rock chip sample
135876 4.27 0.9 105 2.9m continuous rock chip sample
135877 0.39 <0.5 85 3.2m continuous rock chip sample
135878 0.16 <0.5 88 3.1m continuous rock chip sample
135879 0.2 0.6 87 3.6m continuous rock chip sample
135880 3.65 0.6 188 3.4m continuous rock chip sample
135881 17.65 2 311 3.3m continuous rock chip sample
135882 13.65 1.2 272 3.8m continuous rock chip sample
135883 1.02 <0.5 245 4m continuous rock chip sample
135884 2.22 0.9 134 3.8m continuous rock chip sample
135885 6.3 0.7 150 3.1m continuous rock chip sample
135886 0.5 <0.5 83 3.7m continuous rock chip sample
135887 0.13 <0.5 57 3.1m continuous rock chip sample
135888 0.08 <0.5 54 1.5m rock chip sample

The two previously reported soil sampling areas that returned open gold anomalies in all directions have now been extended and connected by additional 512 soil samples collected in a 50 metre x 50 metre grid. The new sampling brings the total number of soil samples collected on the project, including standards and field duplicates to 1,583 of which 176 return gold grades higher than 50 parts per billion ("ppb"), 70 - higher than 100 ppb and 40 - higher than 250 ppb with 5 of these samples containing more than 1000 ppb (1 gpt) gold.

Columbus Copper reported the discovery of gold mineralization at Kavaklitepe in a news release dated January 17, 2013. The discovery was made by following up a stream sediment anomaly and resulted in an average of 2.67 gpt gold over 21 metres of exposure. Follow up on a soil sample anomaly led to identification of a brecciated zone striking 50NE with low-sulphidation epithermal gold signature at about 1.4 kilometres northwest from the discovery outcrop. Four rock samples collected there returned 28.2 gpt, 21.7 gpt, 6.7 gpt and 3.66 gpt gold respectively (see news release of March 1, 2013). The additional sampling confirmed the presence of high-grade gold mineralization returning 54.0 metres of continuous rock chips with an average grade of 3.33 gpt gold and delineated a mineralized zone measuring 850 metres by 250 metres. The zone is possibly displaced by a northwest southeast trending fault at its southern margin, but possibly continues for another 800 metres to the southwest where gold grades are strongly anomalous.

Columbus Copper's Kavaklitepe Project is situated 120 kilometres south-southeast of Istanbul in western Turkey, immediately north of a fertile zone demonstrating copper, molybdenum and gold porphyry systems. A set of dominantly dextral strike-slip and cross sinistral faults have been interpreted to form extensional strain anomalies and pre-mineral shear zones and folds in the area. The dextral faults are also parallel to the Eskishehir Fault that is regionally important and is considered to penetrate deeply into the Earth's crust and probably controls the emplacement of the two known porphyry systems in the area.

To view maps of regional geology, project location, and the updated Gold and Antimony sampling results, see link below:

Columbus Copper plans to open up trenches where the soil anomalies are defined and conduct orientation IP geophysics. A shallow drill-hole campaign is also intended once the follow-up has been completed.

Quality Assurance/Quality Control

All soil sampling was carried out according to procedures described in the Bursa CPR and comprise 'B' horizon soils sent under chain of custody to ALS Chemex in Vancouver after preparation in ALS' preparation facilities in Izmir, Turkey. In addition to the 512 soil samples, 27 standard reference materials and 25 duplicates were included in the sample batch.

All rock samples were sent under chain of custody to ALS Chemex in Vancouver after standard preparation in ALS' preparation facilities in Izmir, Turkey. Rock samples were analysed for gold by the ALS Au-AA25 method, while multi-element geochemistry was done by the ALS ME-ICP61 method, determining 33 elements. The rock sample batches included 2 standard reference materials.

All standard reference material samples for both soil and rock samples reported within their respective certified ranges.

In addition, ALS Chemex performed internal check assaying on about 5% of the samples, and also included analyses of internal standards inserted into the sample string.

Columbus Copper's Qualified Person, David C. Cliff, BSc (Hons), MIMMM, C Eng., FGS, also Columbus Copper's President & CEO, has reviewed and approved the content of this news release.


David Cliff, President & CEO

This release contains forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward- looking statements"), respecting Columbus Copper's exploration plans. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by the forward-looking statements, including without limitation that plans may change as results are obtained; the ability to acquire necessary permits and other authorizations; environmental compliance; cost increases; availability of qualified workers; competition for mining properties; risks associated with exploration projects, mineral reserve and resource estimates (including the risk of assumption and methodology errors); dependence on third parties for services; non- performance by contractual counterparties; title risks; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about: drilling plans based on present knowledge and expectations; general business and economic conditions; the timing and receipt of required approvals; availability of financing; power prices; ability to procure equipment and supplies; and ongoing relations with employees, partners and joint venturers. The foregoing list is not exhaustive. Although Columbus Copper has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Columbus Copper undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

To view the maps associated with this release, please visit the following links:

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