Vancouver, British Columbia, March 15, 2011, Copper One Inc. (TSX-V: CUO) ("Copper One" or the "Company") is pleased to report that Condor Consulting Inc., ("Condor") has outlined 42 Conductive Target Zones ("CTZ") on the Rivière Dore copper and nickel property (the "Property") located south-east of the town of Val-d'Or in the province of Quebec. The work has confirmed prominent conductors in association with known surface mineralization and will be instrumental in developing the first drill program on the property.
Condor's preliminary prioritization and interpretation of the Rivière Dore geophysical data led to identification of 42 distinct Conductive Target Zones (CTZ). The CTZ range from a few hundred meters to 7,000 meters in length and span the entire property area for a cumulative of 75.8 kilometers of conductive zones. Nine (9) targets are rated as high priority due to their close association with the recent surface discoveries and geochemical (till and bedrock) anomalies. The nine (9) priority CTZ provide a cumulative of 24.8 kilometers of conductors with varying magnetic settings. A detailed interpretative processing of the individual anomalies within the nine (9) priority CTZ has begun in order to prioritize detailed drill targets.
Line-cutting on three select areas has commenced to support ground geophysical surveys.
The remaining target areas are situated in parts of the property where the team has not conducted any field sampling. The exploration plan for these areas includes systematic reconnaissance mapping and sampling and geochemical surveys. The exploration plan aims to identify the best drill targets for massive copper-nickel sulphides associated with the large layered mafic intrusion.
"This targeting work is significant in that it will focus the team on the best areas for near term discovery," commented Alan Edwards, President and CEO of Copper One. "It helps us break down this exceptionally large property into smaller typical project- scale plays."
Quality Assurance/Quality Control
The exploration program and the technical information presented in this press release have been reviewed and approved by Mr. Philippe Berthelot, P. Geo., Cartier's Vice President - Exploration, and by Thomas R. Kilbey, Copper One's Vice President - Exploration, a certified professional geologist. Mr. Berthelot and Mr. Kilbey are both considered to be qualified persons as defined by National Instrument 43-101.
About Copper One Inc.
Copper One is focused on developing high-value copper deposits in leading mining jurisdictions. The Company is led by a diverse team of explorers, developers and operators with major company experience and a clear understanding of the business of mining. Copper One also holds a significant portfolio of copper properties in two stable, prolific world mining regions. The newest addition to the portfolio is the Riviere Dore Cu-Ni Project, Val d'Or District in Quebec. Copper One has six properties in the Arizona and New Mexico copper mining districts, including the Lone Mountain copper oxide project which is currently in the permitting process for a major drill program anticipated in 2011.
For more information about Copper One Inc., please visit: www.copperone.com.
On behalf of the board of directors of Copper One Inc.,
Alan Edwards, B.Sc Mn Eng, MBA
President, CEO & Director
FOR MORE INFORMATION, PLEASE CONTACT:
Copper One Inc. www.copperone.com
FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of the company's general business development, research development and the company's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Copper One Inc. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statement. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.
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