Cooper Minerals Inc.

Cooper Minerals Inc.

July 11, 2007 15:27 ET

Cooper Begins $2 Million Project at Great Bear Lake

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2007) - Cooper Minerals Inc. (TSX VENTURE:CQ)(FRANKFURT:JM6) is pleased to announce that mobilization of drilling and other exploration equipment has begun on the Great Bear Lake uranium-copper-gold project. A minimum $2-million program, including drilling, will follow-up on the previously reported widespread mineralization and geophysical targets.

The Port Radium, Contact Lake and Terra properties consist of a 100% interest in approximately 175,000 acres, 430 kilometres north of Yellowknife in the Northwest Territories. Cooper Minerals is the largest public company landholder in the area. Parts of the property adjoin or are surrounded by the Alberta Star Development Corp. Contact Lake project. Alberta Star (TSX-V:ASX) has initiated a $15-million exploration program including extensive diamond drilling.

The Olympic Dam or IOCG model is proposed as the main exploration target on Cooper's properties in this part of the Great Bear magmatic zone. These polymetallic targets have the potential to host billions of tons of copper, gold and uranium mineralization (Olympic Dam type). The Olympic Dam deposit at Roxby Downs in the Gawler craton of southwest Australia consists of dike-like, hematite-rich diatreme breccias in granite and felsic volcanics and has a reported resource of 2.32 billion tonnes of 1.6 per cent copper, 0.5 gram per tonne gold, 3.5 grams per tonne silver and 0.4 kilogram per tonne uranium oxide (U3O8).

Features of the mineralization and geology in the Great Bear magmatic zone indicate similarities with the Olympic Dam IOCG deposit. Four constants postulated by Skirrow (1999) exist in both areas:

- tectonothermal evolution;

- host sequence composition;

- existence of two contrasting hydrothermal fluid types that allow for co-existence of magnetite and hematite; and

- a setting within a deep, crustal-scale fault system.

These and other similarities conclude that the Cooper properties are situated in a geological setting that has the potential to host high-unit-value polymetallic mineralization associated with large-tonnage, IOCG-type deposits, as well the potential to host Echo Bay-type, high-grade uranium and silver mineralization.

The Great Bear Lake area contains three historic mining camps, which are in close proximity and are geologically connected. These are the Port Radium, the Contact Lake and the Terra camps. The formerly producing mines in these camps produced intermittently from 1930 until 1985 over 48 million ounces silver, 15 million pounds of U3O8 and 7,000 tons of copper (Strand, 1996).

The evident structural control on significant mineralization on the properties is encouraging considering the setting of the property within a complex set of through-going faults and lineaments, and the importance of structures in the IOCG deposit model. A large hydrothermal system has affected the area, consisting of intense iron and alkali-rich alteration zones. Uranium, copper, gold, silver, cobalt and bismuth showings have been documented on the properties.

For a map of the property location in the Great Bear Lake area, please visit the company's website

Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.

On behalf of the Board of Directors

Cooper Minerals Inc.

Simon Tam, Director

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: this news release contains forward looking statements that are not historical facts and are subject to risks and uncertainties which could cause actual results to differ materially from those set forth in or implied herein.

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

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