SOURCE: Market Pulse

July 31, 2007 08:30 ET

Market Pulse Breaking News Alert for Tuesday, July 31, 2007: CQ - Cooper Minerals Receives Class A Five-Year Drill Permit for Great Bear Lake IOCG Project!

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

ATLANTA, GA--(Marketwire - July 31, 2007) - Market Pulse News Alert for this AM, Stocks to Watch are: Cooper Minerals, Inc. (TSX-V: CQ), Sun Microsystems Inc. (NASDAQ: SUNW), Amgen Inc. (NASDAQ: AMGN) and Ford Motor Co. (NYSE: F).

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 has had several excellent news announcements out lately and one again before today's opening bell announcing they have received formal approval from the Sahtu Land and Water Board for a Class A five-year drill permit at its Great Bear Lake iron oxide, copper, gold, silver and uranium project located in Canada's Northwest Territories! Investors should be watching this one closely!

Cooper Minerals, Inc. (TSX-V: CQ) has received formal approval from the Sahtu Land and Water Board (SLWB) for a Class A five-year drill permit at its Great Bear Lake iron oxide, copper, gold, silver and uranium (IOCG) project located in Canada's Northwest Territories. The Port Radium, Contact Lake and Terra properties consist of a 100 percent interest in approximately 175,000 acres, 430 kilometers north of Yellowknife, Northwest Territories. Cooper Minerals is the largest public company landholder in the area and was one of the first to begin acquiring property in these historic mining camps.

Cooper's president and chief executive officer, Simon Tam, commented: "We would like to extend our thanks to the First Nations community of Deline for their support in the permitting process. It is a pleasure to work with such a progressive community, who support responsible economic development. Their support for permitting all of the mining companies in the area will result in more than $25 million being expended in 2007 to develop The Great Bear Lake IOCG district. The exploration results derived from these expenditures will fuel this exciting area play."

The Olympic Dam or iron oxide-copper-gold (IOCG) model is proposed as the main exploration target on Cooper's properties in this part of the Great Bear magmatic zone. The Olympic Dam deposit at Roxby downs in the Gawler craton of southwest Australia, mined and operated by BHP Biliton, consists of dike-like, hematite-rich diatreme breccias in granite and felsic volcanics and has a reported resource of 2.32 billion tons of 1.6 per cent copper, 0.5 gram per ton gold, 3.5 grams per ton silver and 0.4 kilogram per ton uranium oxide (U3O8).

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). Uranium, copper, gold, silver, cobalt and bismuth showings have been documented on the properties.

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

About the Company

Cooper Minerals, Inc. is a mineral exploration and development company that identifies and acquires highly prospective exploration projects internationally. The Company is focused on the exploration of uranium properties in Canada and Finland.

For additional information please visit their website @

Stocks in the news and acting well as of late include: Sun Microsystems Inc. (NASDAQ: SUNW), Amgen Inc. (NASDAQ: AMGN) and Ford Motor Co. (NYSE: F).

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