Lorraine Copper

News

Lorraine Copper Announces Crew Mobilized to the Lorraine Copper-Gold Project

News Releases
October 04, 2010
Lorraine Copper Announces Crew Mobilized to the Lorraine Copper-Gold Project
October 4, 2010, Vancouver, BC — Lorraine Copper Corp. (“Lorraine Copper”) (TSX-V: LLC) wishes to announce the commencement of the 2010 exploration program at the Lorraine project, which is being managed by Teck Resources Limited (“Teck”) under a Participation Agreement with Lorraine Copper. The Lorraine property is located in the Quesnel Terrane approximately 250 km northwest of Prince George, British Columbia.

Teck has informed the company that it will be conducting a target generation program entailing the establishment of new soil geochemical surveys that will employ new techniques for seeing through overburden cover similar to what has been used successfully at the Kwanika Creek deposit to the south. It will also conduct a re-examination of existing drill core to apply newly developed alteration study parameters that have proven successful in other similar deposits to assist vectoring towards undiscovered mineralization.

Mineralization on the Lorraine Property is related to alkalic intrusions and belongs to a deposit style that includes the Galore Creek project owned by Teck and NovaGold Resources Inc. (TSX: NG), the Imperial Metals Corp. (TSX: III) owned Mount Polley mine and the New Gold Inc. (TSX: NGD) owned New Afton project.

The Lorraine property 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. The Lorraine project is located approximately 100 km northwest of Terrane Metals Corp.’s (TSX-V: TRX) Mt. Milligan project. A highlight from Teck’s most recent drill program in 2008 at Lorraine is drill hole L08-120 which intersected 159.2 m grading 0.64% copper and 0.30 g/t gold in the Lower Main Zone. The property consists of 119 claims totaling 30,659 hectares (75,759 acres).

Teck may earn a 51% interest in the Lorraine project by spending an aggregate $9.0 million by December 31, 2010, and may increase its interest to 60% by completing a feasibility study and to 65% by arranging production financing. It is anticipated that Teck will earn the initial 51% interest after the completion of this year’s program.

On September 11 of this year Lorraine Copper Corp staked an additional seven mineral claims (3,029 hectares) contiguous to the western side of the property.

G.L. Garratt, P.Geo., is the qualified person who has reviewed and takes responsibility for this news release.

G.L.Garratt, P.Geo.

G.L. Garratt, P.Geo., Director
Lorraine Copper Corp.

About Lorraine Copper

Lorraine Copper holds a 100% interest in the large Lorraine property, which is optioned to Teck Resources Ltd. 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.