PROPERTIES

THE COMPANY

Cooper Minerals' exploration properties in Canada and Finland include:

• A 100% interest in 479,331 acres of the Great Bear Lake Iron Oxide-Copper-Gold (IOCG) district 420 kilometers northwest of Yellowknife in the Northwest Territories, Canada.
• A 100% interest in Kouvervaara, Kapusta-Hepo and Nuottijarvi uranium properties in Central Finland, totaling 12,600 hectare (or 31,135 acres).
• Mineral Claim Reservations for 23 additional properties with Uranium occurrences in central and southern Finland.
• A 50% joint venture interest in the Paukkajanvaara Uranium Deposit in eastern Finland with Agricola Resources, LLC of the United Kingdom.

The geological similarity between the Northwest Territories (Great Bear Lake IOCG District) and Australia's Olympic Dam Mine indicates tremendous reserve potential to host billions of tons of uranium ore, though until further exploratory drilling is completed by Cooper, the quantity and grade is conceptual in nature. Canada's known uranium resources (Reasonably Assured Resources plus Inferred Resources at US$ 130/kgU) are 524,000 tonnes of U3O8 (444,000 t U, 9% of world total). Furthermore, the Company's Paukkajanvaara site in eastern Finland includes claims from the only previously operating uranium mine in Finland. Cooper Minerals is rapidly evaluating uranium prospects and generating priority targets. The Company is well positioned to capitalize on the global demand for uranium as it has recently finalized a private placement, has cash reserves on hand in excess of C$6.0 million, and carries no debt. Cooper Minerals is poised to become a significant player in the mining and minerals industry.

See the complete presentation on the Great Bear Lake property in Canada
See the complete presentation on Finland properties

See the Technical Report on Great Bear Lake, NWT, Canada
See the Technical Report on Kapusta-Hepo
See the Technical Report on Kouvervaara
See the Technical Report on Nuottijarvi

THE PROPERTIES

Great Bear Lake Uranium Property

In October of 2005 Cooper strategically acquired 100% of their first property in the IOCG (iron-oxide-copper-uranium) region of Great Bear Lake, located approximately 450 kilometers northwest of Yellowknife in the Northwest Territories. The property is comprised of four separate blocks covering an area of approximately 74,505 acres.

On March 13, 2007, Cooper acquired an additional 45 claim blocks covering 98,800 acres, in the Great Bear Lake IOCG Magmatic Zone.

On November 29, 2007, Cooper Minerals acquired an additional 306,027 acres adjacent to its existing land position in the Great Bear Lake area, giving the company the largest land holdings at 479,331 acres in the area.

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 (source: Strand, 1996). Uranium, copper, gold, silver, cobalt and bismuth showings have been documented on the properties.

Other companies in the area plan to spend in excess of $20,000,000 for the 2007 exploration season. Sections of the land adjoin Alberta Star's (TSX-V: ASX) Contact Lake project and its newly acquired Port Radium-Crossfault Lake Property, that are currently being explored for iron oxide, copper, gold, silver and uranium targets. These polymetallic targets have the potential to host billions of tons of copper, gold, and uranium mineralization (Olympic Dam-type). 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.

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Namura Finland Oy Uranium deposits in Central Finland

July of 2006 saw the Company make an additional strategic acquisition of the private Company Namura Finland Oy. The Company acquired 100% interest in the capital stock at which time, Namura held 34 mineral claim reservations over 27 known uranium occurrences covering a geographical area of 77,000 acres in central and southern Finland. Namura Finland Oy is now a wholly owned subsidiary of Cooper Minerals.

The Company has examined a number of these uranium occurrences and is now in the process of completing its evaluation of the remaining properties in order to determine whether or not to apply for renewal of the claim reservations and also to apply for full mineral exploration licenses. To date, Cooper has been granted 10 Valtaus, or full exploratory licenses, for their Kouveraara property, covering 9,000 hectares (22,240 acres) and has worked on developing its Kapusta-Hepo and Nuottijarvi properties. Airborne radiometric survey results and limited sampling results confirm the tenor of uranium mineralization on these properties (source: S. Wallis, 2006).

The Company currently holds a "Varaus", or claim reservations at Kapusta-Hepo and Nuottijarvi. Varaus applications have been made for three additional 900 hectare areas (2,700 hectares, or 6,670 acres) in the Kapusta-Hepo region (Lotto, Hepo, and Vepsa) and two Varaus has been granted on 1,800 hectare or 4,450 acre areas in the Nuottijarvi region (Nuotti-1 and Nuotti-2). As further evaluation is conducted on the known uranium occurrences, Cooper Minerals will apply for Varaus renewals on high potential properties and will subsequently apply for Valtaus on these properties.

The Company believes that this portfolio of uranium properties in Finland represents an opportunity to acquire and develop a full spectrum of uranium projects, ranging from blue-sky scenarios to a number of projects with historically inferred resources. As permits are granted on high potential properties, Cooper will engage in aggressive exploratory programs, which will entail Alphatrack radon survey, ground geophysics, environmental impact surveys, exploratory diamond drilling and bulk sampling.

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Paukkajanvaara Uranium Deposit, Eastern Finland

Cooper Minerals entered into a joint venture with Agricola Resources PLC of the United Kingdom to acquire an undivided 50% interest in the Paukkajanvaara uranium project located in the Joensuu magistrate of eastern Finland in 2006. In May 2007 both Cooper Minerals and Agricola PLC applied for mineral exploration license (Valtaus), and are now waiting for the Valtaus to be granted by the Finnish government. The Paukkajanvaara mine is the only previously operated uranium mine in Finland. Any work the Company has planned on the property is dependent on when it is granted exploratory licenses.

Test mining in 1960 and 1961 of the Paukkajanvaara Uranium Deposit by the Finnish company Atomienergia Oy at Paukkajanvaara produced about 30 tones of yellowcake (U₃O₈) from 30,700 tones of ore assaying 0.12 per cent U₃O₈. The mineralization at Paukkajanvaara shows similarities to the well known unconformity-type uranium deposit.

Radon surveys conducted by Agricola identified six radioactive boulders. These boulders contained abundant yellowish uranophane and pitchblende. Samples of these boulders tested by Chemex Labs in Vancouver showed the uranium content of the boulders to be 0.170, 0.303, 0.471, 0.711, 0.745 and 1.170 per cent U₃O₈.

The Company's strategy is to carry out an extensive radon survey using Alphatrack detectors once it is granted exploratory licenses to identify additional drill targets. Radon techniques have been shown to be very effective in detecting buried uranium mineralization in the Paukkajanvaara area. Agricola's radon survey identified four additional areas of potential interest and three of these areas indicate additional target zones for potential uranium mineralization with the fourth indicating a possible southern extension of the uranium bearing horizons of the Paukkajanvaara uranium deposit.

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