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Mokambo Project - Near Surface Drill Results Update - Cobalt Identified

Geschrieben am 28.01.2008 - [Nächster Artikel]

Abbotsford, Canada (ots/PRNewswire) - ICS Copper Systems Ltd.
(ICX:TSX.V) is pleased to announce new assay results on their
Mokambo Project situated in Mufulira, Zambia. The 2007-2008 shallow
drilling program is 70% complete with respect to the initial
delineation drill program. Assay results are still backlogged and
cover only 25% of the drill program. The backlog is presently being
reduced as quickly as possible. The limited results though, have
identified some large intersections of copper. Along with the
copper, significant cobalt mineralization has also been identified.
Highlights include drill road number 6 showing 3.143% copper over
4.58 meters, 1.23% copper over 13.82 meters, 0.301% copper over
41.42 meters and 0.036% cobalt over 3.67 meters.

The drill program has 20 roads, assay results for roads 7 onwards
will be released in due course once assay results are known.


Road Number 2
-------------------------------------------------------------------------
Hole No. From To Interval Copper Cobalt
(m) (m) (True Width m) (%) (%)
-------------------------------------------------------------------------
M-07-07 37.15 38.15 0.91 0.840
-------------------------------------------------------------------------
87.15 90.15 2.72 0.059
-------------------------------------------------------------------------
including 87.15 88.15 0.91 0.014
-------------------------------------------------------------------------
M-07-08 44.10 50.20 5.53 0.116
-------------------------------------------------------------------------
56.30 102.80 42.14 0.149
-------------------------------------------------------------------------
including 80.70 88.80 7.34 0.021
-------------------------------------------------------------------------
M-07-09 15.60 17.65 1.86 0.062 0.015
-------------------------------------------------------------------------
M-07-10 32.90 34.95 1.86 0.013
-------------------------------------------------------------------------
38.00 44.10 5.53 0.025
-------------------------------------------------------------------------
including 38.00 41.05 2.76 0.110
-------------------------------------------------------------------------
M-07-11 61.35 62.40 0.95 0.058
-------------------------------------------------------------------------
M-07-12 28.85 30.85 1.81 0.060
-------------------------------------------------------------------------
44.10 50.20 5.53 0.092
-------------------------------------------------------------------------
56.30 73.05 15.18 0.072
-------------------------------------------------------------------------
Road Number 3
-------------------------------------------------------------------------
Hole No. From To Interval Copper Cobalt
(m) (m) (True Width m) (%) (%)
-------------------------------------------------------------------------
M-07-13 26.00 27.00 0.91 0.056
-------------------------------------------------------------------------
M-07-14 25.80 53.20 24.83 0.163
-------------------------------------------------------------------------
including 28.85 34.95 5.53 0.013
-------------------------------------------------------------------------
55.85 58.90 2.76 0.055
-------------------------------------------------------------------------
65.00 66.00 0.91 0.150
-------------------------------------------------------------------------
81.25 84.30 2.76 0.099
-------------------------------------------------------------------------
86.35 87.35 0.91 0.120
-------------------------------------------------------------------------
98.55 112.80 12.91 0.207
-------------------------------------------------------------------------
M-07-16 46.10 47.15 0.95 0.025
-------------------------------------------------------------------------
M-07-18 19.70 20.70 0.91 0.010
-------------------------------------------------------------------------
Road Number 4
-------------------------------------------------------------------------
Hole No. From To Interval Copper Cobalt
(m) (m) (True Width m) (%) (%)
-------------------------------------------------------------------------
M-07-19 20.70 21.70 0.91 0.078
-------------------------------------------------------------------------
49.70 51.70 1.81 1.830
-------------------------------------------------------------------------
57.30 58.30 0.91 0.056
-------------------------------------------------------------------------
63.40 66.45 2.76 0.163
-------------------------------------------------------------------------
M-07-20 31.90 56.30 22.11 0.076
-------------------------------------------------------------------------
including 47.15 51.70 4.12 0.127
-------------------------------------------------------------------------
66.45 70.00 3.22 0.082
-------------------------------------------------------------------------
75.60 89.85 12.91 0.170
-------------------------------------------------------------------------
92.90 110.15 15.63 0.170
-------------------------------------------------------------------------
Road Number 5
-------------------------------------------------------------------------
Hole No. From To Interval Copper Cobalt
(m) (m) (True Width m) (%) (%)
-------------------------------------------------------------------------
M-07-26 33.00 43.00 9.06 0.135
-------------------------------------------------------------------------
including 35.00 36.00 0.91 0.011
-------------------------------------------------------------------------
49.00 50.00 0.91 0.070
-------------------------------------------------------------------------
53.00 59.00 5.44 0.073
-------------------------------------------------------------------------
74.00 77.00 2.72 0.083
-------------------------------------------------------------------------
80.00 81.00 0.91 0.100
-------------------------------------------------------------------------
88.00 117.30 26.55 - EOH 0.132
-------------------------------------------------------------------------
including 92.00 96.00 3.63 0.280
-------------------------------------------------------------------------
including 110.00 112.00 1.81 0.011
-------------------------------------------------------------------------
including 116.00 117.30 1.18 - EOH 0.021
-------------------------------------------------------------------------
Road Number 6
-------------------------------------------------------------------------
Hole No. From To Interval Copper Cobalt
(m) (m) (True Width m) (%) (%)
-------------------------------------------------------------------------
M-07-31 7.50 8.50 0.91 0.260
-------------------------------------------------------------------------
50.15 52.15 1.81 0.415
-------------------------------------------------------------------------
M-07-32 18.70 64.40 41.42 0.301
-------------------------------------------------------------------------
including 19.70 22.75 2.76 0.018
-------------------------------------------------------------------------
including 44.10 47.15 2.76 1.330
-------------------------------------------------------------------------
including 53.25 55.25 1.81 0.011
-------------------------------------------------------------------------
74.60 94.80 18.31 0.195
-------------------------------------------------------------------------
including 76.60 80.70 3.72 0.651
-------------------------------------------------------------------------
98.90 114.15 13.82 1.230
-------------------------------------------------------------------------
including 105.00 110.05 4.58 3.143
-------------------------------------------------------------------------
including 105.00 109.05 3.67 0.036
-------------------------------------------------------------------------
M-07-33 53.25 54.75 1.36 0.056
-------------------------------------------------------------------------
71.55 73.05 1.36 0.068
-------------------------------------------------------------------------
85.75 86.80 0.95 0.052
-------------------------------------------------------------------------
M-07-34 72.55 73.55 0.91 0.055
-------------------------------------------------------------------------
118.20 120.00 1.63 - EOH 0.650
-------------------------------------------------------------------------


Several holes were inadvertently stopped in mineralization (i.e.
end of hole (EOH). At the end of this phase of drilling, a NI 43-101
Technical Report on the oxide copper and cobalt mineral resources
will be undertaken. A further definition drilling program will be
undertaken to move the copper and cobalt mineralization into higher
(i.e. measured and indicated) categories for mine design purposes
and eventual ore reserve estimate under NI 43-101.

A second drill is being sourced to start the confirmation drilling
of the sulphide copper mineralization after the rainy season is over,
in April. Permission is being sought by the Zambian Chamber of Mines
to re-assay the historic drill core they are storing, as part of the
confirmation drilling. A 3D computer block model has been constructed
from the historic drill logs acquired by the company in 2007. There
are several gaps along strike of the mineralized bodies, identified
in the block model, that were not historically drilled. ICS plans to
drill these areas as soon as possible to increase the present
historical estimate.

Mr. Graham Chisholm, President comments "The identification of
cobalt in numerous holes is good news and will add value to the
profitability of the Mokambo Project."

David Makepeace, P.Eng. M.Eng, a director of the Company and its
acting Chief Operating Officer, a qualified person as defined by
National Instrument 43-101, supervised the preparation of the
technical information in this news release.

ICS COPPER SYSTEMS LTD.

Signed "Graham Chisholm"

Graham Chisholm, President & CEO

This release includes certain statements that are "forward-looking
statements". All statements in this release, other than statements of
historical facts that address future exploration, development and
production activities, and other circumstances, events and
developments that the Company expects, are forward-looking
statements. Although management believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ
materially from those in the forward-looking statements. The
occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

Web Page: http://www.icscopper.com

ots Originaltext: ICS Copper Systems Ltd.
Im Internet recherchierbar: http://www.presseportal.de

$story.getcontactHeadline()
For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; For Investor
Relations: Brett Whitelaw, brett_whitelaw@telus.net, Tel:
+1-604-662-8633, Web Page: http://www.icscopper.com
 
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