Copper Mountain mine achieved record second quarter copper production

    Copper Mountain mine achieved record second quarter copper production

PR Newswire

VANCOUVER, July 9, 2014

Web Site:

VANCOUVER, July 9, 2014 /PRNewswire/ -Copper Mountain Mining Corporation
(TSX: CUM) (the "Company" or "Copper Mountain")announces production results
for the second quarter of 2014 from the Copper Mountain mine located in
southern British Columbia.

Copper production for the second quarter of 2014 totaled 19.9 million pounds
of copper, a 4% increase as compared to the first quarter of 2014, setting
another new production record for the mine. The concentrate also included
5,000 ounces of gold and 113,300 ounces of silver. During the quarter the
mill processed a total of 2.8 million tonnes of ore at an average grade of
0.388 % Copper. During the quarter the mill achieved 90.2% availability and
averaged a total of 30,450 tpd throughput of which approximately 12,500 tpd of
the mill feed was crushed to minus two inches with the temporary secondary
crushing measures currently in place.

Mining activities continued to shift more towards Pit 3 during the quarter and
mining in the Pit 2 area was entirely focused on the southwest end of the
Pit. During the quarter a total of 17.1 million tonnes of material was mined,
including 4.6 million tonnes of ore and 11.5 million tonnes of waste. The
projected life of mine strip ratio is 2 to 1 but higher in the early years.
The mine moved an average of approximately 188,250 tonnes of material per

Copper production during the quarter was in line with guidance, however
shipment timing limited sales during the quarter. During the second quarter
of 2014 the mine shipped 35,900 wmt of concentrate containing approximately
17.5 million pounds of copper, 5,900 ounces of gold, and 87,650 ounces of
silver generating an estimated US $62.7 million in gross revenue. The next
ship planned is loading on July 10^th with about 10,000 wmt of

Conference Call Details:
The Company will release its second quarter 2014 financial and operational
results before market hours on Monday August 11, 2014. A conference call and
audio webcast will follow that same morning at 7:30 am (Pacific Standard Time)
for management to discuss the results. This discussion will be followed by a
question-and-answer period with investors.

Live Dial-in information
Toronto and international: 416-764-8688
North America (toll-free): 888-390-0546
To participate in the webcast live via your computer go to:

Replay call information
Toronto and international: 416-764-8677, passcode 129123
North America (toll-free): 888-390-0541, passcode 129123
The conference call replay will be available from 10:30 am (PST) on August 11
, 2014, until 11:59 pm PST on August 25, 2014
Participant audio webcast will also be available on the company's website

About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the 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 25% of the
mine. The Copper Mountain mine commenced production in the summer of 2011 and
has continued to improve its operations since start-up. The 18,000 acre site
has a large resource of copper that 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 site 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

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