DRILLING INDICATES A NEW HIGH GRADE ZONE OF MINERALIZATION AT COPPER MOUNTAIN:� INTERSECTS 370 FEET GRADING 1.05% Cu, 0.28 g/t Au, and 2.35 g/t Ag

Vancouver, B.C., March 3, 2008 – Copper Mountain Mining Corporation (“CMMC” or the “Company) announces assay results from seven new drill-holes completed in the eastern and western Pit 2 area of the 100% owned Copper Mountain project where a major drill program continues. �

A series of drill-holes to the west of Pit 2 and immediately north of Pit 1 are beginning to define a new zone of higher grade mineralization that extends for approximately 1000 feet north of Pit 1 and appears to be about 300 to 400 feet wide.� Recent mapping in Pit1suggests that the Zone may be a fault offset of the Copper Mountain trend mineralization that was historically mined underground at plus 1% Cu in the Pit 3 area.� The mineralization sits under a fault-bounded, westerly-dipping wedge of barren ground.� The Zone has been intersected by the following drill holes:

The mineralization begins at depths of about 200 feet and appears to be raking to the southeast and generally coincides with the northwest edge of strong, pipe shaped, chargeability anomaly defined by the recently completed Quantec Titan 24 geophysical survey.� The chargeability anomaly is a carrot shaped zone approximately 1,200 feet in diameter that extends to depths in excess of 3000 feet.� This new zone of mineralization is situated just beyond the western corner of the Super-pit designed for the Preliminary Assessment (see press release November 21, 2007) and appears to be beyond the revised pit for the Feasibility Study, which is currently under way.� Because the drill-holes in this area are still relatively widely spaced, it is unlikely that they will form resources in the Measured or Indicated categories and therefore will not be included in the estimated resource for the Feasibility Study.� However, exploration is on-going in this area and the drill data will be included in subsequent pit designs and will likely result in an increase to the resource base in the near future.

Significant intersections from drill-holes announced in this press release are listed in the table below and shown on the attached map.� http://www.cumtn.com/sitemanager/_pdf_exploration/080303_CMMC_drill_map.pdf

A complete list of drill results can be found on the company’s website.

Additional results include two drill-holes on the northeast end of Pit 2; CM08P2-91 and 93, which were successful in extending low-grade mineralization in the eastern end of Pit 2 to the north.� Drill-hole CM08P1-07 was drilled from the north side of the lower reaches of Pit 1 and indicates a continuation of mineralization in Pit 1 to depth, below the north wall.

Results from the current drilling are significant because they indicate:

�        that new zones of high-grade mineralization can still be discovered in close proximity to areas of historical mining and could be important additions to the resource base; �

�        that mineralization continues beyond current proposed pit limits which facilitates expansion of the pit to depth; and

�        that mineralization remains open to depth in all three of the historical pit areas.

The mineralized system at Copper Mountain is classified as a bulk-tonnage, alkalic porphyry copper deposit that is hosted within Nicola Group volcanic rocks.� Mineralization is structurally controlled and focused at multi-directional vein intersections and within vein stockwork systems.� Drill holes are usually drilled at angles of -45 or -55 degrees to provide the best indication of the lateral extents of vertically oriented mineralization.� �

Exploration and Development Plans for 2008

Copper Mountain is forging ahead with an aggressive exploration and development plan for the coming year.� Completion of the Feasibility Study for early in the second quarter is on track, with a production decision to follow shortly thereafter.� Although the exploration potential on the property is very high the Company feels it is important to establish production as soon as possible, and therefore, the design criteria in the current Feasibility Study is for a 35,000 ton/day operation which would produce approximately 100 million pounds of copper, 38,000 ounces of gold and 800,000 ounces of silver annually.� Continued exploration success would allow for subsequent project expansions as the project grows.

Currently, a 30,000 m (100,000 feet) exploration drill program is underway which is focused on continued expansion of the resource base through both incremental additions to known resources as well as the discovery and delineation of new zones of mineralization as the Company follows up on the chargability anomalies identified in the Titan 24 geophysical survey�� In addition, geotechnical and condemnation drilling is being carried out in the areas of the proposed concentrator and crusher sites, as well as waste rock storage and low-grade stockpile areas for inclusion in the Feasibility Study report. �

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Quality Assurance

The company employs a system of quality control for drill results which includes the use of blanks, certified reference material (standards) and check assaying.� Core is logged on site and split with a diamond saw.�� Samples are shipped to Pioneer Laboratories for geochemical analysis of copper with all values of greater than 1000 ppm copper being re-analysed by assay methods for copper, gold and silver.� The drilling program is being supervised by Peter Holbek, M.Sc., P.Geo., a qualified person as defined by National Policy Instrument 43-101.

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About Copper Mountain Mining Corporation:

CMMC is a new public BC resource company managed by an experienced team of professionals with a solid track record of exploration and development success.� The Company owns 100% of the 18,000 acre Copper Mountain Project, located 15 km south of the town of Princeton in southern British Columbia� The developed infrastructure, substantial resource, and extensive historical data base provides an exceptional project.� Copper Mountain Mining Corp. has the goal of developing the Copper Mountain Project as a major copper and precious metal producer within the next three years.� Copper Mountain Mining Corporation’s shares trade on the TSX Venture Exchange under the symbol CUM.� Additional information is available on the Company’s web page at www.CuMtn.com. �

On behalf of the Board of

COPPER MOUNTAIN MINING CORPORATION

“Peter Holbek”

Peter Holbek

VP Exploration

For further information, please contact:
Don Graham Director Investor Relations 604 682 2992 ext. 224
Email: don@CuMtn.com
Website: www.CuMtn.com
or B&D Capital 604-685-6465

*Based on metal prices of: Copper US $3.00/lb, Gold at US $675/Oz, and Silver at US $12/Oz with metallurgical recoveries and smelter terms being considered equivalent for all metals.

Note:� This release contains forward-looking statements that involve risks and uncertainties.� These statements may differ materially from actual future events or results.� Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.� The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statement