July 8, 2010, Vancouver, BC: Copper One Inc. (TSXV: CUO) (the "Company" or "Copper One") is pleased to announce that Mr. Thomas R. Kilbey has been appointed Vice President Exploration, effective July 1, 2010. Mr. Kilbey replaces Daniel P. Laux, who will remain with Copper One as a principal senior technical consultant.
Mr. Kilbey brings to the Copper One technical team more than 25 years of diverse exploration and mine development experience with major and junior companies. Mr. Kilbey has worked across much of North America and parts of South America, locating and developing copper, gold, and silver deposits. Most recently, he was a Senior Geologist with Romarco Minerals from 2006 through 2009, where he was instrumental in Romarco's acquisition of the Haile Gold Mine in South Carolina. Since the acquisition, Romarco has expanded his original Ledbetter discovery, found during his time on the property in 1991 to 1994 with Amax Gold, to the largest deposit on the property. Mr. Kilbey’s targeting program helped lead to the latest Horseshoe discovery on the western side of Haile. Prior to that he worked in exploration for Newcrest Resources, AngloGold, North Mining, Cyprus Metals, and Amax Gold.
Alan Edwards, President and CEO, commented, "Mr. Kilbey has already contributed to our improved geological understanding of our Lone Mountain, Twin Peaks, and West Jerome Projects. We are especially pleased to welcome Mr. Kilbey in his new role and look forward to his leadership in advancing Copper One’s projects and identifying new opportunities for our shareholders. We also thank Mr. Laux for his contributions, particularly his role in building the group of properties that now forms Copper One’s portfolio."
Mr. Kilbey has a Bachelor of Science degree in geology from University of Wisconsin- Milwaukee and a Master of Science degree in geology from Arizona State, specializing in structural volcanology. Mr. Kilbey is a Certified Professional Geologist with the American Institute of Professional Geologists and a qualified person (QP) as defined in NI 43-101. He is also a member of the Society of Economic Geologists, Northwest Mining Association, Geological Society of Nevada, and the Prospectors and Developers Association of Canada.
The Company also wishes to announce that the Company has granted 200,000 incentive stock options to a consultant of the Company. The options are exercisable at $0.30 per share and will expire on July 01, 2015.
About Copper One Inc.
Copper One Inc. holds a significant portfolio of copper properties in the prolific copper- producing regions of Arizona and New Mexico. This area hosts some of the world's largest and most profitable copper mines and yields over 10% of the world's copper production. Copper One Inc. is focused on the discovery of copper resources which are suitable for leaching. Lone Mountain, the company's feature property, is within sight of the large Tyrone and Chino porphyry copper mines operated by Freeport-McMoRan. Five core holes have been completed at Lone Mountain in 2010. Results from two holes were recently reported; the remaining assays are pending. Photographs of select core intercepts are posted on Copper One's website.
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