Copper Reef Mining Corporation
CNQ : CZCC

Copper Reef Mining Corporation

July 11, 2008 11:51 ET

Copper Reef Returns Large Copper Intersections

TORONTO, ONTARIO--(Marketwire - July 11, 2008) - Copper Reef Mining Corporation ("Company") (CNQ:CZCC) is pleased to announce assay results of drill holes MN-08-59, 60 and 61 on the Copper Reef massive sulphide deposit on its Mink Narrows Property, Manitoba. Intersections are reported in core length, not true width.



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Hole No. From To Core Length Cu% Zn% Au Ag Pb
(ft) (ft) (ft) g/t g/t ppm
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MN-08-59
Zone 1 501.4 518.4 17 ft (5.2 m) 0.55 1.86 0.18 5.0 86
Pb section 518.4 539.4 21 ft (6.4 m) 0.20 0.05 0.27 3.8 485
Zone 2 539.4 647.4 108 ft (32.9 m) 1.26 1.27 0.49 6.8 143
Includes 632.4 647.4 15 ft (4.6 m) 1.50 3.20 0.46 8.4 430
Dikes 647.4 666.6 19.2 ft (1.78 m) 0.03 0.02 0.01 0.2 19
Zone 3 666.6 738.1 71.5 ft (21.8 m) 1.43 1.59 0.45 6.2 149
includes 677.1 738.1 61.0 ft (18.6 m) 1.51 2.00 0.45 6.5 135
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MN-08-60
Zone 1 578.0 613.0 35.0 ft (10.7 m) 0.88 1.84 0.92 5.4
Includes 593.0 613.0 20 ft (6.1 m) 1.09 2.62 0.73 5.9
Waste 613.0 713.6 100,6 ft (30.7m)
Zone 2 713.6 804.6 91.0 ft (27.7 m) 1.26 1.21 0.63 8.8
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MN-08-61 934.2 940.7 6.5 ft (1.5 m) 3.10 0.43 0.20 6.4
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Please refer to our website (copperreef.com) for the location of these Holes.

The Company is a Canadian junior mineral exploration company currently focused on the discovery of new zones and further expansion of known resources on its mineral properties in Northwest Manitoba and Northeast Saskatchewan, Canada.

Quality Control

The Company employs QA/QC protocol on all aspects of its analytical procedures. Core samples are sawn and one half of the NQ core is restored to the core boxes for future reference and one half sent for analysis. Samples of mineralization are taken in approximately 3.5 ft intervals or less. Sample preparation is conducted at TSL labs in Saskatoon, Saskatchewan using multi-acid digest/ ICP-AES and AAS techniques. Samples suspected of containing more than 0.5% copper are carried out with a straight copper assay method as well as a Fire Assay-AA for gold. Commercially prepared standards representing 3 ranges of Copper, Zinc, Silver and Gold grades are inserted at intervals of 1 in 20 samples with blanks inserted every 40 samples.

The Quality Control and all aspects of the exploration program are supervised by Copper Reef's Exploration Manager, Stephen Masson MSc. PGeo. who is the qualified person, under National Instrument 43-101 and has reviewed this press release.

On Behalf of the Board of Directors

Robert N. Granger QC, President and CEO

Some of the statements contained in this release are or may be considered forward-looking statements, such as estimates and statements that describe Copper Reef's future plans, objectives or goals, including words to the effect that Copper Reef or its management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

No securities regulatory authority has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Copper Reef Mining Corporation
    Bill Jackson
    CFO
    (416) 363-3456
    (416) 363-6032 (FAX)
    Website: www.copperreef.com