NEWS RELEASE 2007 -12

TSX Trading Symbol: Common Shares – “SRY” CUSIP Number 860838101

Warrants – “SRY.WT” CUSIP Number 860838119

DRILL RESULTS AT EL PILAR COPPER PROPERTY, MEXICO

August 2, 2007 – Toronto, Ontario, Canada Peter Mordaunt, CEO and Chairman of Stingray Copper Inc. (“Stingray”) is pleased to announce that drill hole assay results have been received for 9 additional holes completed at the Company’s El Pilar Copper Property located in Sonora, Mexico. Work at El Pilar is focused on a definition drilling program that is designed to enhance the El Pilar inferred mineral resource of 180 million tonnes grading 0.37% total copper calculated at a cut off of 0.25% total copper (See News Release 2007-05). These 9 holes have been drilled vertically on the two most northern sections at 9200N and 9100N as the drilling progresses from the north to the south completing the in-fill of the El Pilar mineral resource. The drill holes as presented in the table below continue to confirm the results of the previous drill programs completed by Noranda Mexico.

2007 El Pilar Program: Drill Hole Results

*both holes stopped at fault-breccia

**previously reported in News Release 2007-11

The location of these drill holes can be viewed at the link below;

http://www.stingraycopper.com/PressReleases/elpilar_drillingmap.pdf

The Company is continuing this extensive, 25,000 meter fill-in drill program at the El Pilar Copper Property, Sonora, Mexico where 2 drills are drilling HQ core. The purpose of this program is to reclassify the inferred mineral resource and to explore for additional resources in the immediate vicinity. All drill core samples are split by the Company’s staff under the direction of the Company’s geologists and are delivered for assaying to ALS Chemex, Hermosillo, Sonora, Mexico. The Company’s program will incorporate significant metallurgical testing in preparation of a feasibility study for the El Pilar project which is viewed as an SX – EW operation (solvent extraction – electro winning).

Peter Mordaunt, P.Geo is the Qualified Person responsible for the technical content of this release.

Stingray is a copper resource company that is focused on the development of the El Pilar Copper Property located in Sonora, Mexico. The Company has commenced an extensive drill program to further define and expand the reported resource at the El Pilar oxide copper project.

Website: www.stingraycopper.com

TSX Symbol: Common Shares - “SRY” Issued: 58,725,982 common shares
Warrants - “SRY.WT” 20,850,000 warrants

FOR FURTHER INFORMATION PLEASE CONTACT:

“Steve Brunelle”         “Peter Mordaunt”

Steve Brunelle                    Peter Mordaunt

Vice President                 CEO & Chairman

(416) 368-6240

Certain Statements presented herein may constitute “forward-looking statements”. Such forward-looking statements may include potential mineralization, resources and reserves, conclusions of prefeasibility and feasibility studies, estimates of future production, capital and operating costs, prices of metals and other known and unknown risks. These and other factors and uncertainties may cause material differences from future results as expressed or implied by these forward-looking statements. These risks, uncertainties and other factors include but are not limited to the risks involved in the exploration, development and mining business.