VANCOUVER, Nov. 19 /CNW/ – The El Cobre project, in Sonora Mexico, is focused on modern exploration of the historic Anita Copper Mine area where high-grade copper-gold-silver ore was first produced by the Douglas Copper Mining Company (New York) from 1900-1910 (PR WMR #10-07). Recent surface mineralized outcrop mapping and examination of the mine dump material has lead the Company to interpret that near surface high grades of economic significance may be present.


To investigate this interpretation, the Company contracted Quantec Geoscience to complete a detailed resistivity geophysical survey. At the high-grade copper-gold-silver Anita Copper Mine, both sulphide rich and intense silica-rich areas were mined underground. These styles of mineralization have been mapped by the geophysical survey to depths of 250 meters as low-resistivity (sulphide-rich) and high resistivity (silica-flooded) zones of adjacent mineralization. The successful geophysical survey modeling has assisted in determining diamond drill targets. The plan is to drill test for the first time the extensive strike length of the outcropping silica-rich zone and adjacent sulphide-rich zone discovered during past underground mining.


In Phase I twelve diamond drill holes are planned with a dip of 45o to 65o and lengths of 90 meters to 250 meters. This is the first diamond drill program ever conducted at the Anita Copper Mine area where historic underground mining was limited to depths of 500 feet. Drilling is expected to finish in mid December with assay results anticipated in early 2011.




“Glen J. Indra”




This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company’s objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.


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


SEDAR: 00023843E

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