|Vancouver, BC — Lorraine Copper Corp. (“Lorraine Copper”) (TSX-V: LLC) would like to announce the completion of the 2008 exploration program at the Lorraine project, which is being managed by Teck Cominco Limited (“Teck”) (TSX: TCK.B) under a Participation Agreement with Lorraine Copper. The Lorraine property is located in the Omineca region approximately 250 kilometres northwest of the city of Prince George, British Columbia.
Teck has informed the company that it has successfully drilled 6,935.5 m in 19 holes and tested 8 target areas that were outlined in last year’s geological, geochemical and Induced Polarization (IP) geophysical survey. The camp has been shut down for the remainder of the year and assays are pending.
Mineralization on the Lorraine property is alkalic intrusion related and belongs to a deposit style that includes the Galore Creek deposit of Teck and NovaGold Resources (TSX: NG). Other significant alkalic deposits in British Columbia include the Mt. Polley, Afton and Copper Mountain Mines. The Lorraine property is located in an area of active logging and is well served by resource infrastructure including all season roads, the Kemess power corridor to the northeast and the Canadian National Railway line to the southwest.
Teck is earning a 51% interest in the Jajay-Lorraine project by spending $9 million by 2011, and may earn up to a 65% interest by completing a feasibility study and arranging production financing.
G.L. Garratt, P.Geo., is the qualified person who has reviewed and takes responsibility for this news release.
G.L. Garratt, P.Geo., Director
Lorraine Copper Corp.
About Lorraine Copper
Lorraine Copper holds the 30,658 hectare Lorraine property, which is optioned to Teck Cominco. For more information please visit the Company’s website at www.lorrainecopper.com.
FOR FURTHER INFORMATION REGARDING LORRAINE COPPER PLEASE CONTACT:
Paul Way, Business Development Manager
(604) 681-7913 or
Toll Free: (888) 656-6611
The TSX – Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX – Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.