NEWS

Private Placements Re-announced and Target selection begins on the Contact Lake Property

Further to its news release of March 29, 2006, Cooper Minerals Inc. (the "Company") wishes to re-announce that it has entered into a non-brokered private placement, for the sale of 7 million units at a price of $0.43 for a total of $3,010,000. Each unit will consist of 1 common share and 1 non-transferable share purchase warrant for the purchase of 1 further common share of the Company within one year from the date of closing. The exercise price for the warrants is $0.53 per share. The funds shall be used for the Company's general working capital and its exploration programs. The maximum allowable finder's fee shall be payable.

Cooper Minerals also wishes to announce that target selection has begun on its properties in the Great Bear iron oxide-copper-gold (IOCG) district where Cooper is the largest property holder. Initial targets are located on claims adjoining Alberta Star Development Corp.'s Contact Lake project. Alberta Star plans a major exploration program, including a 15,000-metre drill program, in the coming field season. (See Cooper's website for property location map).

Two initial, high grade uranium/copper targets have been selected as high priority targets. These consist of the Bullwinkle and the Contact Lake showings which are both hosted in the same rocks and are on strike with Alberta Star's Contact Lake showings.

The Bullwinkle showing is located within a strong northwesterly striking aeromagnetic anomaly. Work by Central Electricity Generating Board Exploration (Canada) Limited (CEGB) in the late 1980's detected uranium/copper mineralization over a 750 meter length along a poorly exposed fault. The best assay from this area graded 7.43% U3O8 and 2.77% copper.

The Contact Lake showing assayed 6.89% copper in a quartz carbonate stock work and was located by CEGB at the same time as the Bullwinkle showing.

Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release. The company has begun compiling all previous exploration work. New geological models and modern exploration methods, including airborne surveys, will be used to evaluate the properties. The company's objective is to bring the properties to the drill-ready stage as soon as possible.

On behalf of the Board of Directors

Cooper Minerals Inc.

Craig Walker
Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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