Cooper Minerals Inc.

Cooper Minerals Inc.

November 19, 2007 20:26 ET

Cooper Minerals Identifies More Significant Gold and Base Metal Values at Terra

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2007) - Cooper Minerals Inc. (TSX VENTURE:CQ)(FRANKFURT:JM6) continues to receive significant precious metal and base metal values at the Terra IOCG project, 430 kilometres north of Yellowknife, in the Northwest Territories. Cooper Minerals, holding 480,000 acres, is the largest public company landholder in the area.

Simon Tam, president of Cooper Minerals, says, "The continuing flow of significant gold, silver and base metal values within IOCG mineralization is the reason that Cooper has greatly expanded the size of our Terra IOCG project."

The best gold values were collected from the Omni prospect where three grab samples collected from historic trenches returned values of 36.0 grams, 6.3 grams and 5.1 grams of gold per ton, respectively (previously reported on October 24, 2007). Thirty-three grab samples were collected from six historic trenches dispersed over an area approximately 35 x 5 metres. These samples were composed of quartz with pyrite, chalcopyrite, hematite and magnetite occurring as a matrix up to 30 centimetres thick within brecciated basalt. Final assay results for these samples have returned the following anomalous values:

Sample # Au g/t Ag g/t Bi% Cu%
OMNI 1 6.6(i) 29.5 0.24 1.58
OMNI 2 5.13(i) 85.8 0.67 1.66
OMNI 3 36.03(i) 68.6 0.49 2.71

((i) previously reported)

Gold values have been received for the remaining 30 samples with silver and base metal results to follow. Gold values ranged from 0.06 to 14.53 g/t in these samples, with high values of 14.53 g/t, 13.13 g/t, 5.10 g/t, 4.57 g/t and 3.83 g/t. Assay results will be updated when results for silver and base metals are returned from the lab. Newly acquired data also indicates that significant silver, copper and bismuth mineralization occurs in association with the gold in the quartz veins and that the precious- and base-metal mineralization has penetrated the host rock mafic volcanics.

The Omni prospect is located between two prominent structures that apparently continue for more than 15 kilometres to the southwest and are directly associated with other brecciation and alteration zones that are several hundred metres wide and more than a kilometre long. The full extent of the mineralization at the Omni prospect has not been determined as there is limited outcrop in the area and the mineralization is concealed beneath surficial cover along strike in both directions. Previous exploration work at the Omni Prospect focused on the quartz veining and did not appear to have tested the extent of precious- and base-metal mineralization in association with the alteration and brecciation of the host rock volcanics.

The Olympic dam or IOCG model is proposed as a significant 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 resource at the Olympic dam deposit (owned by BHP Billiton) was recently increased to 7.7 billion metric tonnes grading 0.87 per cent copper, 0.29 kilogram per tonne U3O8, 0.30 gram per tonne gold and 1.61 grams per tonne silver. The Olympic dam deposit is the largest uranium deposit in the world, the fourth-largest copper deposit and the fifth-largest gold deposit.

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

Simon Tam, President and 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.

Contact Information