Global Copper Corporation

Published : October 24th, 2007

intersects 572 and 348 meters grading 0.96% and 1.04% Copper Equivalent in step-out dr

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======================================================================
Global Copper intersects 572 and 348 meters grading 0.96% and
1.04% Copper Equivalent in step-out drill holes in the Las Guias
zone at Relincho, Chile.
======================================================================

News Release: 07-10

Vancouver, British Columbia -- Global Copper Corp. ("Global") is
pleased to announce results from a further 5 holes in the sulphide
drilling program at its Relincho copper-molybdenum project in Chile.
The holes were all drilled in the Las Guias zone. Results are
highlighted by step-out holes RG06-206 which intersected 572 meters
grading 0.52% copper and 0.074% molybdenum (0.96% copper equivalent**)
including 14 meters grading 1.670% molybdenum and 0.23% copper (10.23%
copper equivalent**) and RG06-047 that returned 348 meters grading
0.70% copper and 0.056% molybdenum (1.04% copper equivalent**)
including 34 meters grading 1.62% copper and 0.169% molybdenum (2.64%
copper equivalent**).

The results from the latest 5 drill holes are shown in the table below;
there is insufficient geological data to calculate true thicknesses of
these intervals:

------------------------------------------------------------------------
Sulphide Pre-Collar From To Len- Cu Mo CuEq% Comment
Drill Holes Hole (m) (m) gth Total (%) (ii)
- Order of Number(i) (m) (%)
Completion(i)
-----------------------------------------------------------------------
58 RG06-203 186 308 122 0.45 0.023 0.58 The longest
and 422 764 342 0.65 0.032 0.84 interval represents
incl. 552 628 76 0.87 0.046 1.14 a 120m step-out to
incl. 696 752 56 0.80 0.034 1.01 the north and
downwards from the
midpoint of the 364
to 619m interval in
RG07-189.
-----------------------------------------------------------------------
59 RG06-047 462 810 348 0.70 0.056 1.04 85m step-out to the
incl. 666 700 34 1.62 0.169 2.64 east and downwards
from the midpoint
of the 364
to 619m interval in
RG07-189.
-----------------------------------------------------------------------
60 RG07-204 48 82 34 0.61 0.010 0.67 The longest
and 362 622 260 0.52 0.024 0.66 interval represents
incl. 446 486 40 0.76 0.042 1.01 a 50m step-out to
the north and
downwards from the
midpoint of the 256
to 434m interval in
RG06-019.
-----------------------------------------------------------------------
61 RG07-205 250 428 178 0.45 0.030 0.63 The longest
and 450 526 76 0.56 0.015 0.66 interval represents
a 50m lateral
step-out to the
northwest
from the midpoint
of the 256 to 434m
interval in
RG06-019.
-----------------------------------------------------------------------
62 RG07-206 12 584 572 0.52 0.074 0.96 The longest
incl. 332 386 54 0.63 0.499 3.62 interval represents
incl. 360 374 14 0.23 1.670 10.23 a 130m lateral
and 542 580 38 0.95 0.093 1.50 step-out to the
west from the
midpoint of the 364
to 619m interval in
RG07-189. RG07-206
is 808m deep but
results have only
been received from
0 to 600m.
-----------------------------------------------------------------------

(i) Diamond drill holes have been drilled from the bottom of previously
drilled RC holes (pre-collars). For that reason the number of the
pre-collar is not the actual order in which these holes were drilled as

part of the sulphide program. The first column indicates the sequence
in
which the sulphide holes were drilled.

(ii) Copper equivalent is calculated for primary intervals using
US$1.00/lb Cu and US$6.00/lb Mo and is not adjusted for metallurgical
recoveries as these remain uncertain. The formula used is as follows:
CuEQ equals Cu% + Mo% x 6.

The new zone of higher grade mineralization at Las Guias was discovered
by the previously released hole RG06-189 that intersected 255 meters
from 364 to 619 meters grading 0.67% copper and 0.057% molybdenum
(1.01% copper equivalent**) including 26 meters from 574 to 600 meters
grading 1.46% copper and 0.125% molybdenum (2.22% copper equivalent**).
Holes RG06-203, RG07-087 and RG07-206 stepped out laterally on this
intercept to the north, east and west respectively as well as
downwards, thereby extending the zone of higher grade mineralization.
The zone of >1% copper equivalent at Las Guias is characterized by
brecciation in the contact zone of a porphyry copper intrusion that
does not outcrop at surface. Mineralization consists of a simple
assemblage of bornite, chalcopyrite, molybdenite and pyrite. These
results confirm the continuity of the higher grade copper and
molybdenum zone at Las Guias and additional step-out drilling is
planned to further delineate it.

Holes RG07-204 and RG07-205 stepped out to the east and north of
RG06-019 (results released October 2007) and expanded the margin of the
Las Guias sulfide deposit in these directions.

To date, 65 holes totaling 35,309 meters have been completed in the
sulphide drill program. In September a fourth rig was mobilized to the
project and the drill program is forecast to continue into 2008. An
updated NI 43-101 sulphide mineral resource estimate will be released
by year end to include the results of the sulphide drill program to
date and a Preliminary Economic Assessment will begin in the first
quarter of 2008.

The technical reports for the previously delineated oxide and sulphide
resource estimates can be viewed on both the Global website at
www.globalcoppercorp.com and SEDAR at www.sedar.com.

http://www.globalcoppercorp.com/i/misc/NRoct24-07.jpg

Leo Hathaway, P.Geo., is the Qualified Person as defined by National
Instrument 43-101 for the Relincho Project. The quality
assurance/quality control program is monitored by independent
consultant Dr. Bruce M. Davis, Chief Geostatistician for Norwest
Corporation and managed on site by Patricio Valenzuela, a Chilean
geologist with over 24 years of experience. Logging and sampling are
completed at Global's secure facility located at the project. The
drill cores are mechanically split on site and samples securely
transported to the ACME's facilities in Santiago, Chile for sample
preparation and analysis. Total copper content is determined by
three-acid digestion with atomic absorption finish. Global inserts
standards, blanks and duplicates selected on a random basis into the
sample stream and sends 5% of the sample pulps to check laboratories in
Santiago, Chile.

GLOBAL COPPER CORP

Signed: "David Strang"

David Strang, President & CEO

For further information contact:
David Strang, President & CEO
dstrang@globalcoppercorp.com
tel: + 604 687 0407
fax: + 604 687 7041

CAUTION REGARDING FORWARD LOOKING STATEMENTS: This news release
contains "forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and applicable
Canadian securities legislation. Forward-looking statements include,
but are not limited to, statements with respect to the future price of
gold, silver, copper and molybdenum, the timing of exploration
activities, the estimation of mineral reserves and mineral resources,
the results of drilling, estimated future capital and operating costs,
future stripping ratios, projected mineral recovery rates and Global
Copper's commitment to, and plans for developing any of its projects.
Generally, these forward-looking statements can be identified by the
use of forward-looking terminology such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "can", "could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity,
performance or achievements of Global Copper to be materially different
from those expressed or implied by such forward-looking statements,
including but not limited to: risks related to the exploration and
potential development of the Company's projects, risks related to
international operations, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project
parameters as plans continue to be refined, future prices of gold,
silver, copper and molybdenum, as well as those factors discussed in
the sections relating to risk factors of our business filed in Global
Copper's required securities filings on SEDAR. Although Global Copper
has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
statements, there may be other factors that cause results to be
materially different from those anticipated, described, estimated,
assessed or intended.

There can be no assurance that any forward-looking statements will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Global Copper does not undertake to update any forward-looking
statements that are incorporated by reference herein, except in
accordance with applicable securities laws.

======================================================================
Copyright (c) 2007 GLOBAL COPPER CORP. (GLQ) All rights reserved. For
more information visit our website at http://www.globalcoppercorp.com/
or send mailto:info@globalcoppercorp.com
======================================================================
.

Global Copper Corporation

EXPLORATION STAGE
CODE : GLQ.TO
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Global Copper Corp. is a copper development stage company based in Canada.

Its main exploration properties are RELINCHO and VIZCACHITAS in Chile and TACA TACA in Argentina.

Global Copper Corp. is listed in Canada and in United States of America. Its market capitalisation is CA$ 417.5 millions as of today (US$ 345.7 millions, € 227.0 millions).

Its stock quote reached its lowest recent point on December 29, 2006 at CA$ 1.05, and its highest recent level on August 07, 2008 at CA$ 14.08.

Global Copper Corp. has 29 654 949 shares outstanding.

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6/20/2008(Relincho)reports results from ten further drill holes at Relincho inc...
2/11/2008(Relincho)intercepts 356 meters grading 1.08% Copper Equivalent in ste...
12/12/2007(Relincho)Reports Interim Sulphide Mineral Resource Estimate for Relin...
12/10/2007(Relincho)reports further step out drill results at Relincho including...
10/24/2007intersects 572 and 348 meters grading 0.96% and 1.04% Copper...
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