Frontera Copper Corporation
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Frontera Copper Corporation

October 05, 2005 08:25 ET

Frontera Copper Celebrates the Formal Relocation of the Piedras Verdes Ejido

TORONTO, ONTARIO--(CCNMatthews - Oct. 5, 2005) - Frontera Copper Corporation (TSX:FCC)(TSX:FCC.NT)(TSX:FCC.WT) is pleased to announce the formal delivery of the Nuevo Piedras Verdes town site infrastructure to the Municipality of Alamos; this formality recognizes the completion of the Piedras Verdes Ejido relocation.

The original village of Piedras Verdes has been completely relocated to its new site approximately 6 kilometers south of the mine site. Formal delivery of the infrastructure represents the public facilities including streets, power, water, sewer, schools, and a medical centre.

"We appreciate the expert professional advice we have benefited from in the management of the process and are enjoying excellent relations with all of the Ejido members," says Gary Loving, President and CEO Frontera Copper. "We are all pleased to have accomplished this major event so very successfully."

The original Piedras Verdes community occupied a portion of the surface of the deposit and required relocation. The Ejido agreed to relocate their homes and community to a new location six kilometres south of the deposit. Today, in the original village, only one of the original buildings remain, which is being used as a temporary, on-site construction office. The Company plans to incorporate into its operations, members of the skilled labour force available from all of the local communities including Alamos and Navojoa.

About Frontera Copper

Frontera Copper was incorporated in March 2002 to purchase and bring into production the Piedras Verdes open pit, run-of-mine, heap leach, SXEW copper project in Sonora, Mexico. The company plans to begin construction activities in the third quarter of 2005. Copper production is expected to commence in the second half of 2006 at an annual rate of 70 million pounds per year of LME Grade A cathode at an average life-of-mine cash operating cost of $0.58 per pound. A total of 942 million pounds of copper is projected to be produced during the 18 year life of the project. Existing resources and prospective exploration targets adjacent to the proposed open pit have the potential to improve the economics and extend the life of the project.

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