Monster Copper Corporation
TSX VENTURE : MNS

Monster Copper Corporation

October 11, 2005 08:30 ET

Monster Copper Corporation: Drilling Started on Sao Felix Copper-Gold Property in the Carajas Region of Brazil

RICHMOND HILL, ONTARIO--(CCNMatthews - Oct. 11, 2005) - Monster Copper Corporation (the "Company") (TSX VENTURE:MNS) is pleased to report that drilling has started on the Sao Felix property as part of a first phase 1000 metre diamond drill program planned for the Sao Felix and Rio Vermelho properties in Brazil.

On the 100-square-kilometre Sao Felix property, drilling is aimed at testing a newly discovered 3.8-kilometre long IOCG-style alteration zone called SF-A, which has not been previously drill tested. The zone is characterized by the abundance of hydrothermal iron alteration (disseminated to massive magnetite) defined by surface mapping supported by a coincident magnetic high zone. The zone contains copper-in-soil anomalies above 200 ppm Cu (background 20 ppm Cu) with a peak value of 920 ppm Cu, accompanied by elevated values of Au, Co, La and Ni, which in association with the hydrothermal iron is characteristic of an IOCG environment. The soil results and magnetic survey data were from work previously done by Noranda Exploracao Mineral Ltda. Inc. ("Noranda") a subsidiary of Falconbridge Limited. A total of nine rock samples of iron-rich alteration collected by Monster Copper returned values ranging from 38 to 1605 ppm Cu, nil to 110 ppb Au (highest values from different samples). These numbers are significant given the high degree of weathering which tends to remove Cu from the surficial environment. Boxwork textures, indicative of weathered-out sulphides, were noted in many of these samples.

Ten properties, which include Sao Felix and Rio Vermelho, are under option from Noranda and are situated in the Carajas Mineral Province of Northern Brazil, a region well known for its major reserves and production of copper-gold, iron, manganese, nickel and bauxite. Within the last ten years the region has seen the discovery and development of world-class copper-gold deposits belonging to the Iron Oxide Copper-Gold deposit type (IOCG). The primary focus of the Company's work in the Carajas is exploration for IOCG type Copper-Gold deposits.

Dr. Tom Setterfield, P.Geo., is the qualified person according to NI 43-101 and is responsible for the technical information in this news release. Additional information on the Sao Felix and Rio Vermelho properties, including maps, are available on the Company's web site at www.monstercopper.com.

About Monster Copper Corporation

Monster Copper (www.monstercopper.com) is dedicated to the discovery of world-class IOCG copper-gold-uranium deposits with an experienced IOCG exploration team. In addition to the Brazilian property portfolio, the Company has an agreement with Santoy Resources Ltd (TSX VENTURE:SAN) in which Santoy is about to commence drilling for uranium on the Company's 100% owned Mustang Lake property, located in the Central Mineral Belt of Labrador.

About Falconbridge Limited

Falconbridge Limited (www.falconbridge.com) is a leading copper and nickel company with investments in fully-integrated,zinc and aluminum assets. Its primary focus is the identification and development of world-class copper and nickel mining deposits. It employs 14,500 people at its operations and offices in 18 countries. Falconbridge's common shares are listed on the New York Stock Exchange (FAL) and the Toronto Stock Exchange (FAL.LV).

MONSTER COPPER CORPORATION

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 J. Downes
    President, C.E.O. and Director
    (905) 780-8783
    (905) 780-8790 (FAX)
    or
    Monster Copper Corporation
    Rob Carriere
    Investor Relations
    (604) 687-3929
    info@monstercopper.com
    www.monstercopper.com