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Tuesday 02nd of December 2008
Wednesday, May 7, 2008

Stingray Copper provides drilling update

Stingray Copper provides drilling update

Peter Mordaunt, CEO and Chairman of Stingray Copper Inc. says that the in fill drill program is expected to conclude shortly, with over 40,000 meters completed in over 200 drill holes.

We are satisfied with the consistent results that have been delivered. The mineralization remains open to the south but Stingray will stop drilling to allow for a resource update as a fundamental step in building the El Pilar Technical/Feasibility Study that Stingray intends on completing for Q1 of 2009.

We thank all our shareholders for their patience as this necessary work has been completed to define the parameters for the potential development of the El Pilar Copper Property as one of Mexico’s next open pit, SX-EW operations.

Results for 8 additional drill holes are reported from the in fill program in the Phase II Area.

One drill rig continues to test the oxidized copper mineralization south of the Phase II Area, while a second drill has begun drilling for geotechnical purposes under the direction of Golder Associates Inc.

Upon completion of these programs, drilling will begin at the Arriba Zone exploration area located on the property to the northwest.

These drill holes have been completed on drill sections from 8300 North to 7900 North. The drill holes reported continue to intersect wide intervals of oxidized copper mineralization, concluded Mr. Mordaunt.

 

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