CRC.L Regulatory News (CRC)

6 Dec 2005 07:00

DRILLING RESULTS FROM FIRST FOUR HOLES OF HINOBA-AN (PHILIPPINES) INFILL DRILLING PROGRAMME COPPER RESOURCES CORPORATION ("CRC") HighlightsAssay results from the first four holes of the infill drilling programme on theDJ Porphyry Copper Deposit show: * indications of mineralisation in the top 15 metres, a zone discounted in previous studies; * support for the conclusions of previous work below 15 metres; and * possible improvement in the previously interpreted grades in the vicinity of the new holes, based on preliminary analysis. Drilling ResultsFinal assay results have now been received for holes CDD-001 to CDD-004, withthe results as follows. These results include the partial results reported inthe October 31 release. All holes were collared near the centre of the DJPorphyry Copper Deposit, and are part of a programme of 62 holes designed toinfill the 59,000 metres of earlier drilling.Hole Interval Length (m) Copper % CDD-001(1) 3m to 210m 207 0.50 including(2) 24m to 39m 15 0.86 including(2) 45m to 60m 15 0.65 including(2) 156m to 171m 15 0.73 including(2) 177m to 195m 18 0.63 CDD-002(1) 6m to 141m 135 0.44 including(2) 57m to 96m 39 0.71 CDD-003(1) 9m to 126m 117 0.45 CDD-003(1) 144m to 174m 30 0.33 CDD-004(1) 0m to 165m 165 0.49 including(2) 3m to 30m 27 0.70 including(2) 51m to 66m 15 0.61 including(2) 111m to 153m 42 0.62 (1) Calculated using a 0.20% Cu cutoff(2) Calculated using a 0.50% Cu cutoffThe results from the four holes support previous work, and a preliminaryanalysis indicates that results are at least as good as, and in some cases animprovement, on calculated grades in the vicinity of the new holes.Previous work on the deposit discounted the top 15 metres, as assaying was notcarried out in this zone. One of the aims of the current work programme is toascertain the potential of this zone; the latest results indicate thatmineralisation is present in the top 15 metres in all four holes.Future ProgrammeThe Bankable Feasibility Study ("BFS") sets out a programme of 62 holes to amaximum depth of 300m. The BFS is on schedule to be completed by December 2006.In so far as it relates to mineralisation within CRC's Hinoba-an deposit, thispress re-lease is based on information compiled by Mr. Mark Gordon,a full timeemployee of CRC and a Member of the Aus-tralasian Institute of Mining andMetallurgy, who qual-ifies as a Competent Person as defined in the 2004 editionof "The Australasian Code for Reporting of Exploration Results, MineralResources and Ore Reserves". Mr. Gordon has given consent to the inclusion inthis press release of matters based on this information in the form and contextin which they appear.For further information please contact: Copper Resources Nabarro Wells & Westhouse GTH Corporation Co. Securities Communications Mitchell Alland Keith Smith Richard Morrison Toby Hall Executive Vice Chairman +44 (0) +44 (0) +44(0) +44 (0) 77 4801 8690 20 7710 7400 20 7601 6100 20 7153 8035 ENDCOPPER RESOURCES CORPORATION