Copper Mountain provides second quarter operational update

          Copper Mountain provides second quarter operational update

PR Newswire

VANCOUVER, July 11, 2013

Web Site: www.CuMtn.com
TSX: CUM

VANCOUVER, July 11, 2013 /PRNewswire/ - Copper Mountain Mining Corporation
(TSX: CUM) (the "Company" or "Copper Mountain")  announces production results
for the second quarter of 2013 from the Copper Mountain mine located in
southern British Columbia.

Mill improvements  were achieved  during the  quarter, in  spite of  the  mill 
transformer loss time incident in  mid May. The mine  exited the quarter on  a 
positive note with June's mill availability of 92.3% and copper production  of 
6.1 million pounds  for the month.  The mine produced  15.7 million pounds  of 
copper, 5,600 ounces  of gold, and  71,000 ounces of  silver during the  three 
months of operations ended June 30, 2013.

For the second  quarter ended June  30, 2013  the mine shipped  28,200 wmt  of 
concentrate containing  approximately 14.7  million  pounds of  copper,  5,500 
ounces of gold,  and 66,000  ounces of  silver generating  an estimated  $53.3 
million in gross revenue.

Mill throughput improved slightly  over the first  quarter of 2013,  averaging 
31,275 tpod.  Further improvements  with high  energy blasting  and  contract 
crushing ahead of  the SAG  mill are  expected to  be reflected  in the  third 
quarter. The mill processed a total 2.5  million tonnes of ore at an  average 
grade of 0.33 %  copper during the  quarter as compared to  2.2 for the  three 
months ended March 2013. Mill recoveries for the second quarter were 87.3%  as 
compared to 82.7% for the first quarter of 2013.

Mining activities  continued from  the  Pit 2  and Pit  3  areas on  plan  and 
averaged approximately 171,000  tonnes per  day mined. During  the quarter  a 
total of 15.6  million tonnes  of material  was mined,  including 4.4  million 
tonnes of ore and  10.4 million tonnes  of waste. The  projected life of  mine 
strip ratio is 2 to 1 but higher in the early years.

About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the 75% owned Copper Mountain mine located
in southern British  Columbia near the  town of Princeton.  The Company has  a 
strategic  alliance  with  Mitsubishi  Materials  Corporation  who  owns   the 
remaining 25%. The Copper Mountain mine commenced production in the summer  of 
2011, and  has  continued to  improve  its  operations during  the  year;  and 
attained design capacity in  the summer of  2012. The 18,000  acre site has  a 
resource of  approximately  5  billion  pounds  of  copper  and  remains  open 
laterally and at depth.  The mine has  significant exploration potential  that 
will need to  be explored  over the  next few  years to  fully appreciate  the 
properties full development potential. Additional information is available on
the Company's web page at www.CuMtn.com.

On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION

"Jim O'Rourke"

Jim O'Rourke, P.Eng.
Chief Executive Officer

Note: This release contains forward-looking statements that involve risks and
uncertainties. These statements may differ materially from actual future
events or results. Readers are referred to the documents, filed by the
Company on SEDAR at www.sedar.com, specifically the most recent reports which
identify important risk factors that could cause actual results to differ from
those contained in the forward-looking statements. The Company undertakes no
obligation to review or confirm analysts' expectations or estimates or to
release publicly any revisions to any forward-looking statement.

SOURCE Copper Mountain Mining Corporation

Contact:

Galina Meleger, Corporate Communications 604-682-2992 ext.224 Email:Galina
@CuMtn.com or
Rod Shier, Chief Financial Officer 604-682-2992 ext.222 Email:Rod@CuMtn.com
Website:www.CuMtn.com
 
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