CPRK News:

May 7 - Copper King Mining Corporation Provides Additional Mill Construction Updates

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, today provided additional construction updates concerning its Flotation Processing Mill.

Copper King has purchased a line of thickeners for the mill’s floatation process. This week the concentrate thickener, complete with bride and rakes, arrived in a nearly new condition. The 16' Denver Thickener is 16' Dia X 9' 6" deep wall height, complete with Denver Thickener mechanism, tank, drive, rakes, and bridge.

The Denver Thickener is capable of processing up to 270 tons of concentrate per day. This will allow the Flotation Processing Mill, as designed, to expand with very little additional capital investment. Upon commencement of mill operations, the thickener should receive for processing 75-100 tons of concentrate per day.

The Flotation Processing Mill presently is designed to process 2,500 short tons of ore per day; and is estimated to produce 50-65,000 pounds of copper in concentrate, 25 ounces of gold, and 2,500 ounces of silver per day. The gross daily production value at start up, using current metal prices is estimated at $300,000 to $320,000 per day. This does not include the magnetite value which may add $10,000 to $25,000 per day in value.