NEWS RELEASES
September 29, 2011
Cooper Commences Work On Pakistan Coal Project
Vancouver, British Columbia, Canada, September 29, 2011 – Cooper Minerals Inc. (“Cooper” or the “Company” - TSX-Venture: CQ) is pleased to announce that work has commenced on its coal project in Pakistan where Cooper holds a 60% interest in AJK Coal Mining Co. (Private) Ltd., which holds an option to acquire a 100% interest in a 2,230 acre thermal coal property, and an application for an additional 200 square kilometres.
The initial work program consists of surveying the underground mine workings and mapping and sampling of the coal seams located in these workings. This program is designed to assess the potential for near term coal production. There are local markets for coal production in the area including a cement plant.
The properties consist of 2,230 acres of land, and an application for an additional 200 square kilometres, for the exploration and production of coal located within the Kotli coal district, state of Azad Jammu and Kashmir (AJK), Pakistan.
Pakistan ranks seventh amongst the top-20 countries of the world so far as coal resources are concerned. Pakistan's coal reserves are 97-per-cent lignite rank, and vast deposits of these occur in the AJK and Thar areas.
Technical information in this news release has been reviewed by Mike Magrum, P. Eng, a qualified person as defined in National Instrument 43-101.
Simon Tam, President of the Company, commented: "With the commencement of this work program, Cooper has assembled the initial building blocks for a modern coal company. The combination of quality properties, qualified people and well designed work programs are the ingredients for the Company’s growth.”
On behalf of the Board of Directors,
Simon Tam
President and Director
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any and all jurisdictions.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Cooper Minerals Inc. seeks safe harbor.
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