NEWS

Cooper Minerals Signs Contract for Radiometric Survey over its Great Bear Lake Uranium-Copper-Gold Property

Cooper Minerals Inc. (TSX-Venture: CQ; Frankfurt: JM6) has signed a contract to carry out an airborne radiometric survey over its Great Bear Lake uranium-copper-gold property. Fugro Airborne Surveys Corp. will fly approximately 4,241 line kilometers of magnetic/spectrometer survey. This survey is part of a, minimum $2-million, planned exploration expenditure, including an aggressive drilling program. The program was designed to follow up on the previously reported widespread mineralization and geophysical targets in a historic mining camp. Other companies in the area plan to spend more than $20,000,000 in the 2007 exploration season. The Port Radium, Contact Lake and Terra properties consist of a 100-per-cent interest in approximately 175,000 acres, 430 kilometers north of Yellowknife, in the Northwest Territories. Cooper Minerals is the largest public company landholder in the area and was one of the first to begin acquiring property in the area.

The Olympic Dam or Iron Oxide-Copper-Gold (IOCG) model is proposed as the main exploration target on Cooper's properties in this part of the Great Bear magmatic zone. These polymetallic targets have the potential to host billions of tons of copper, gold and uranium mineralization (Olympic Dam type), however until airborne radiometric survey is completed and the data is analyzed, the potential quantity and grade is conceptual in nature. The Olympic Dam deposit at Roxby Downs in the Gawler craton of southwest Australia, mined and operated by BHP Biliton, consists of dike-like, hematite-rich diatreme breccias in granite and felsic volcanics and has a reported resource of 2.32 billion tons of 1.6 per cent copper, 0.5 gram per ton gold, 3.5 grams per ton silver and 0.4 kilogram per ton uranium oxide (U3O8).

The Cooper properties are situated in a geological setting that is prospective for high-unit-value polymetallic mineralization associated with large-tonnage, IOCG-type mineralization, as well as for Echo Bay-type, high-grade uranium and silver mineralization.

The Great Bear Lake area contains three historic mining camps, which are in close proximity and are geologically connected. These are the Port Radium, the Contact Lake and the Terra camps. The formerly producing mines in these camps produced intermittently from 1930 until 1985 over 48 million ounces silver, 15 million pounds of U3O8 and 7,000 tons of copper (Strand, 1996). Uranium, copper, gold, silver, cobalt and bismuth showings have been documented on the properties.

Mike Magrum, P.Eng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.

About the Company

Cooper Minerals Inc. is a mineral exploration and development company that identifies and acquires highly prospective exploration projects internationally. The Company is currently focused on the exploration of uranium properties in Canada and Finland.

On behalf of the Board of Directors,

"Simon Tam"
Simon Tam,
President and Director

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