SOURCE: Market Pulse

October 01, 2007 08:30 ET

Market Pulse Breaking News Alert for Monday, October 1, 2007: CQ - Cooper Minerals Begins Diamond Drilling on Terra Property, Great Bear Lake Area!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - October 1, 2007) - Market Pulse News Alert for this AM, Stocks to Watch are: Cooper Minerals, Inc. (TSX-V: CQ), 3Com Corporation (NASDAQ: COMS), Yahoo! Inc. (NASDAQ: YHOO) and Silverstar Holdings Ltd. (NASDAQ: SSTR).

Investors need to be watching Cooper Minerals, Inc. (TSX-V: CQ) this AM! Cooper Minerals is a junior exploration company engaged in the acquisition, exploration and development of mineral properties internationally. The company's primary focus is to acquire properties that tend to be unexplored but have highly prospective geology. Cooper Minerals has interests in four exploration properties in Finland and Canada. The Great Bear Lake property contains three historic mining camps, the Port Radium, Contact Lake and Terra properties and consists of a 100% interest in approximately 175,000 acres, 430 kilometers north of Yellowknife in the Northwest Territories. Cooper Minerals is the largest public company landholder in the area. Cooper Minerals recently announced that mobilization of drilling and other exploration equipment had begun on the Great Bear Lake uranium-copper-gold project. The company's Paukkajanvaara site in eastern Finland includes claims from the only previously operating uranium mine in Finland. Through its wholly owned subsidiary, Namura Finland Oy, the company was granted 10 exploration licenses covering the Kouvervaara Uranium Prospect. The company's joint venture partner is Agricola Resources, LLC of the United Kingdom. Uranium is one of the most abundant elements found in the earth's crust. Yellowcake is a first step towards enriched uranium. There are currently 442 reactors in 31 nations worldwide that require approximately 180 million pounds of uranium per year. According to the World Nuclear Association, China, India and Russia are expected to dramatically increase their nuclear capacity within the next 15 years. Most industry watchers believe uranium markets will continue to experience upward price pressure, driven by a supply-side deficit. The company is well positioned to capitalize on the global thirst for uranium. CQ recently finalized a private placement, has cash reserves on hand of approximately C$8.0 million, and there is no debt. CQ is poised to become a significant player in the mining and minerals industry! Cooper Minerals just had excellent news out in a press release before today's opening bell announcing that diamond drilling has commenced at the Terra project, 430 kilometers north of Yellowknife, in the Northwest Territories! Cooper Minerals, holding 175,000 acres, is the largest public company landholder in the area! Investors should be watching this one closely!

Cooper Minerals, Inc. (TSX-V: CQ) is pleased to announce that diamond drilling has commenced at the Terra project, 430 kilometers north of Yellowknife, in the Northwest Territories. Cooper Minerals, holding 175,000 acres, is the largest public company landholder in the area. A minimum $2-million program, including drilling, is under way.

Simon Tam, president of Cooper Minerals, says: "The identification of large mineralized structures with intense hydrothermal alteration is guiding our selection of drill targets. We intend to aggressively drill these targets."

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). A number of large hydrothermal systems have 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.

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

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% copper, 0.29 kg/tonne U3O8, 0.30 g/t gold and 1.61 g/t silver. The Olympic Dam deposit is the largest uranium deposit in the world, the fourth largest copper deposit and the fifth largest gold deposit.

Stocks in the news and acting well as of late include: 3Com Corporation (NASDAQ: COMS), Yahoo! Inc. (NASDAQ: YHOO) and Silverstar Holdings Ltd. (NASDAQ: SSTR).

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