Copper One Intersects 1 Meter of 2,460 g/t Silver and 1.54% Tungsten at Queylus Project, Quebec, Canada


February 26, 2013

MONTREAL, QUEBEC--(Marketwire - Feb. 26, 2013) - Copper One Inc. (TSX VENTURE:CUO) (the "Company" or "Copper One") is pleased to announce the results for the Fall of 2012 diamond drilling program for its 100% owned Queylus Property, just outside of the town of Chibougamau, Quebec, Canada. The goal of the Fall 2012 drilling program was to test several coincident induced polarization ("IP") and magnetic anomalies that were previously outlined during the Summer and Fall 2012, for copper and precious metals. A total of 4,002 m of diamond drilling from 17 NQ size holes was performed by a local contractor, Forages Chibougamau of Chibougamau, Quebec.

The results show multiple disseminated copper intersections that warrant more detailed exploration. As well, one of the drill holes, QU-12-2, has intersected 1 meter of 2,460 g/t native silver and 1.54% tungsten within a tonalitic breccia. The QU-12-02 drill hole is approximately 200 metres east of hole QU-12-01 and 400 metres west of hole QU-12-13 in a new structure also requiring further exploration.

The best intersections from the 2012 diamond drilling campaign on the Queylus Property are as follows:

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TABLE 1 2012 DIAMOND DRILLING PROGRAM
QUEYLUS PROJECT, CHIBOUGAMAU AREA
COMPOSITE ASSAY RESULTS WITH INTERVAL VALUE GREATER THAN 0.25% Cu
TECHNICAL PARAMETERS COMPOSITE ASSAY RESULTS WITH INTERVAL VALUE GREATER THAN 0.25% Cu
Drill Hole Length (m) From
(m)
To
(m)
Length
(m)
Cu
(%)
Au
(g/t)
Ag
(g/t)
W
(%)
QU-12-01 249 60.24 70.94 10.70 1.08 0.10 1.6 0
Including 61.34 62.34 1.00 1.82 0.17 2.0 0
Including 62.34 63.34 1.00 0.74 0.08 1.0 0
Including 66.34 67.34 1.00 1.51 0.10 2.0 0
Including 67.34 68.14 0.80 0.57 0.03 1.0 0
Including 68.14 68.94 0.80 6.84 0.66 13.0 0
And 117.38 120.13 2.75 0.26 0.07 0.6 0
And 165.64 166.14 0.50 0.29 0.26 0.0 0
QU-12-02 228 67.75 69.00 1.25 0.49 0.06 0.0 0
And 144.35 144.85 0.50 0.52 0.08 1.0 0
And 155.00 156.00 1.00 0.43 0.03 2280.0 1.17
And 158.00 159.00 1.00 0.30 0.11 0.0 0
And 161.00 164.00 3.00 0.33 0.18 1.0 0
Including 162.00 163.00 1.00 0.63 0.16 1.0 0
QU-12-03 249 68.00 69.00 1.00 1.12 0.02 1.0 0
And 156.25 157.25 1.00 0.42 0.15 0.0 0
And 158.25 160.25 2.00 0.42 0.06 0.0 0
Including 158.25 159.25 1.00 0.54 0.04 0.0 0
And 167.75 169.75 2.00 0.61 0.06 0.5 0
Including 167.75 168.75 1.00 0.97 0.10 1.0 0
And 189.75 193.25 3.50 1.17 1.03 1.1 0
Including 190.75 192.00 1.25 1.87 1.77 2.0 0
Including 192.00 193.25 1.25 1.06 1.05 1.0 0
And 226.33 226.73 0.40 2.32 0.57 3.0 0
And 236.60 237.31 0.71 1.21 0.20 2.0 0
QU-12-04 201 30.00 32.30 2.30 0.25 0.01 0.0 0
And 41.50 42.62 1.12 0.29 0.01 0.0 0
And 60.45 63.10 2.65 2.62 0.10 3.2 0
Including 62.05 63.10 1.05 6.41 0.24 8.0 0
And 72.60 73.10 0.50 1.16 0.10 1.0 0
And 80.05 81.55 1.50 0.34 0.08 0.0 0
Including 81.05 81.55 0.50 0.74 0.06 0.0 0
And 94.75 96.25 1.50 0.28 0.06 0.0 0
And 130.00 135.00 5.00 0.42 0.09 0.2 0
Including 130.00 131.00 1.00 0.62 0.09 0.0 0
Including 133.00 134.00 1.00 0.99 0.22 1.0 0
And 149.23 149.73 0.50 0.26 0.03 1.0 0
And 159.65 160.15 0.50 0.32 0.08 0.0 0
QU-12-05 249 168.96 169.46 0.50 0.86 0.16 1.0 0
QU-12-06 339 35.70 36.30 0.60 0.31 0.07 0.0 170
QU-12-07 354 353.25 354.00 0.75 0.00 0.36 0.0 0
QU-12-08 219 39.60 40.20 0.60 0.56 0.05 0.0 0
And 49.20 50.20 1.00 0.27 0.05 1.0 0
And 126.20 129.20 3.00