Monster Copper Corporation

Monster Copper Corporation

March 27, 2007 11:17 ET

Monster Copper Corporation: Additional Claims Acquired and Airborne Geophysical Survey Planned for Aillik East Uranium Property, Labrador

RICHMOND HILL, ONTARIO--(CCNMatthews - March 27, 2007) - Monster Copper Corporation (TSX VENTURE:MNS) is pleased to announce that it has significantly increased the size of its 100% owned Aillik East property, Central Mineral Belt of Labrador and has contracted Fugro Airborne Surveys to complete a detailed geophysical survey over the entire property.

Monster Copper has staked an additional 713 claims covering 178 square kilometres, bringing the total property area to 340 square kilometres. The Aillik East property covers the eastern part of a geological package known as the Aillik Group, the same package which hosts the Michelin and Jacques Lake deposits (Aurora Energy) and the Mustang Lake property (50% Monster Copper / 50% Santoy Resources). At Aillik East, the host rocks, style of mineralization and average (grab sample) uranium grades are very similar to those in the emerging uranium district 75 km to the southwest.

The newly acquired claims cover 20 untested airborne radiometric anomalies identified by Placer Development Ltd from a 1978 reconnaissance (coarse, 1 km line spacing) helicopter-borne radiometric survey. The claims cover granitic rocks as well as portions of Aillik Group stratigraphy previously identified by Placer (in government assessment files), but not shown on the government geology map.

A portion of the Placer survey covers the original Aillik East property, where one Placer radiometric anomaly corresponds to the known B-22 showing, and another to Showing 4, discovered by Monster Copper (grab sample of 0.107% U3O8). Based on this spatial correlation, Monster Copper feels that the radiometric anomalies identified by Placer over the newly staked claims are significant.

Monster Copper has contracted Fugro Airborne Surveys to fly a detailed (100 metre line spacing) helicopter-borne radiometric and magnetic survey over the Aillik East property. This survey is scheduled to commence in early July, and will be followed by a program of field checking of radiometric anomalies defined by the survey as well as results of the Placer survey.

Monster Copper conducted an exploration program on the property in September 2006, consisting of geology/prospecting and geochemical surveying. The historic B-22 showing was resampled (7 grab samples ranging from 0.032 to 0.50% U3O8), and five new uranium showings were discovered (see news release, November 15, 2006). This includes the Quinlan showing, where eight grab samples yielded results ranging from 0.011 to 2.09% U3O8, with an average of 0.48% U3O8. The geochemical survey consisted of 160 lake water and 142 lake sediment samples over the property at a density of approximately one sample per square kilometre. Five significant uranium anomalies were identified during the survey and will be field examined this summer.

Further to Monster Copper's March 8, 2007, release, Monster Copper and Mega Uranium Ltd. (TSX:MGA) are proceeding with the preparation of documentation in anticipation of a late-May Monster Copper shareholder meeting, to approve the amalgamation with Mega Uranium Ltd.

The Qualified Person, as defined by National Instrument 43-101, responsible for review of this news release is Dr. Tom Setterfield, P.Geo., Vice-President of Exploration, Monster Copper Corporation.

About Monster Copper Corporation

Monster Copper ( is dedicated to the discovery of world-class IOCG uranium-copper-gold deposits with an experienced IOCG exploration team. In addition to its uranium exploration in Labrador, Monster Copper has established itself by partnering with Xstrata Brasil on the exploration of copper-gold properties in the Carajas Mineral Province of northern Brazil.


Michael J. Downes, President, C.E.O. and Director

This news release may contain "forward-looking statements". These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Monster Copper Corporation
    Michael Downes
    (905) 780-8783
    (905) 780-8790 (FAX)
    Monster Copper Corporation
    Rob Carriere
    Investor Relations
    (604) 687-3929