Copper Mountain Provides Third Quarter Operational Update

          Copper Mountain Provides Third Quarter Operational Update

PR Newswire

VANCOUVER, Oct. 8, 2013

Web Site:

VANCOUVER, Oct. 8, 2013 /PRNewswire/ - Copper Mountain Mining Corporation
(TSX: CUM) (the "Company" or "Copper Mountain")  announces production results
for the third quarter of 2013 from the Copper Mountain mine located in
southern British Columbia.

The mine had record copper production  for the quarter and exited the  quarter 
on a positive  note with  September's copper production  totaling 6.8  million 
pounds. Production  for the  quarter  ended September  30, 2013  totaled  17.7 
million pounds of copper, 6,417 ounces  of gold, and 79,290 ounces of  silver. 
Production improvements  can  be  attributed to  the  increased  average  mill 
throughput  rate  made  possible  with  the  short  term  secondary   crushing 
strategies that have been implemented and  improved in late July. These  short 
term strategies include: utilizing an increased powder factor in the  blasting 
in the  mine to  create more  fines in  the ore;  continuing with  a  contract 
portable crusher at  the primary crusher  to crush  plus 5,000 tpd  of ore  to 
minus two inches;  and the introduction  of the Company's  own small  portable 
crusher that was purchased  and installed at the  coarse ore stockpile  during 
the quarter. The combination of these three activities is designed to  create 
between 12,000 tpd and 13,000 tpd of minus two inch ore feed for the SAG mill.
In September the average daily throughput of the SAG mill was 31,925 tpd  with 
an average  of  7,600 tpd  minus  2 inch  crushed  product from  the  portable 
crushers. Mill availability at 94.2% for the month was a positive contribution
to the 89.3% average for the quarter.

Mill throughput  during the  quarter  improved to  an  average of  29,130  tpd 
compared to 26,000 for the first half  of 2013, an increase of 12%. The  mill 
processed a total 2.7  million tonnes of  ore at an average  grade of 0.344  % 
copper during the quarter  as compared to  2.5 million tonnes  of ore for  the 
three months ended June 2013. Mill  recoveries for the third quarter were  87% 
as compared to 85% for the first half of 2013.

Mining activities continued  in both the  Pit 2 and  Pit 3 areas  on plan  and 
averaged approximately 154,300  tonnes per  day mined. During  the quarter  a 
total of 14.0  million tonnes  of material  was mined,  including 3.9  million 
tonnes of ore  and 9.4 million  tonnes of  waste. The projected  life of  mine 
strip ratio is 2 to 1 but higher in the early years.

For the third quarter ended September 30, 2013 the mine shipped 32,840 wmt  of 
concentrate containing  approximately 16.3  million  pounds of  copper,  5,967 
ounces of gold,  and 69,427  ounces of  silver generating  an estimated  $61.8 
million in gross revenue.

All production figures are reported on a 100% basis.

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

On behalf of the Board of

"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, 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


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