CATALYST CONFIRMS TWO ZONES OF COPPER MINERALISATION AT LA VERDE

Oct 26, 2010, 09:58 ET from Catalyst Copper Corp.

Trading Symbol: CCY

Significant drill intersections include 0.55% Cu over 527.6m and 0.48% Cu over 440.9m

VANCOUVER, Oct. 26 /PRNewswire/ - Catalyst Copper Corp.("Catalyst", or the "the Company") today announced results for the final six holes in Phase 1 of its 2010 drill program on the La Verde copper porphyry project, Michoacán State, Mexico. Significant intersections of copper mineralization include 0.55% Cu over 527.6 meters and 0.48% Cu over 440.9 meters. Significant gold values are also associated with the East Hill zone.

Including the six holes released today, 11 drill holes have been completed in Phase 1. The drilling was designed to confirm two mineralized zones at La Verde, East Hill and West Hill, which it has now done. Drill hole spacing in the core area of both East and West Hill zones is approximately 50 meters by 50 meters.

"Catalyst is very pleased with these drill results," says Catalyst's VP Exploration Terence Hodson.  "They have confirmed the copper mineralisation at La Verde as intersected by historical drill holes and will allow Catalyst to complete a NI 43-101 resource calculation by the end of the year. Also significant is the majority of holes drilled this year have extended the East Hill and West Hill mineralized zones further to depth than originally interpreted."

Table 1 below lists results from the six holes being reported today. Table 2 compares results for all holes released in 2010 with the targeted historical holes that were twinned.


TABLE 1:
La Verde
               
        Twin Holes      
Drill Hole Location   From(m) To(m) Length(m) Cu% Au g/t
V-15T West Hill   8.7 536.3 527.6 0.55 0.005
    incl. 134.5 514.1 379.6 0.72 0.006
    incl. 195.0 276.0 81.0 1.08 0.013
               
V-17T West Hill   85.8 526.7 440.9 0.48 0.005
    incl. 304.7 526.7 222.0 0.74 0.006
               
V-47T West Hill   102.1 558.8 456.7 0.37 0.007
               
V-75T West Hill   76.3 469.0 392.7 0.28 pending
               
V-13T East Hill   2.5 416.6 414.1 0.24 0.038
               
V-38T East Hill   105.9 280.0 174.1 0.24 0.039
               
        La Verde      
        Definition Holes      
Drill Hole Location   From(m) To(m) Length(m) Cu% Au g/t
LV10-005 West Hill   220.1 624.3 404.2 0.41 0.005
    incl. 254.2 498.4 244.2 0.55 0.006

Results for the first hole of Phase 2 of the 2010 program (Hole LV10-005) have just been received. Phase 2 drill-holes are designed to extend the known mineralized zones at depth and along strike. LV10-005 was drilled below the eastern end of the West Hill zone and returned 0.41% Cu over 404.2 meters. Included within this intersection was 0.55% Cu over 244.2 meters. Phase 2 is nearing completion with all core logging, sampling and assay results expected within the next month. Catalyst has completed a total of 12,275 meters in Phase 1 and Phase 2 of this year's program.

TABLE 2:
La Verde
               
Dhid Location   From(m) To(m) Length(m) Cu% Au g/t
V-15 West Hill   13.4 281.2 267.8 0.54 --
V-15T West Hill   8.7 536.3 527.6 0.55 0.005
    incl. 134.5 514.1 379.6 0.72 0.006
    incl. 195.0 276.0 81.0 1.08 0.013
               
V-17 West Hill   80.8 351.0 270.2 0.25 --
V-17T West Hill   85.8 526.7 440.9 0.48 0.008
    incl. 304.7 526.7 222.0 0.74 0.006
               
V-19 West Hill   37.0 261.2 224.2 0.50 --
V-19T West Hill   90.8 640.9 550.1 0.41 0.008
    incl. 143.6 162.2 19.6 1.16 0.006
      214.5 252.2 37.7 0.78 0.050
      411.6 536.0 124.4 0.64 0.004
               
V-21 West Hill   20.2 310.5 290.3 0.28 --
V-21T West Hill   19.3 654.0 634.8 0.42 0.003
    incl. 209.0 267.0 58.0 0.63 0.003
      477.2 606.7 129.5 0.91 0.002
               
V-47 West Hill   108.3 390.2 281.9 0.36 --
V-47T West Hill   102.1 558.8 456.7 0.37 0.007
    incl. 102.1 230.5 128.4 0.51 0.007
               
V-75 West Hill   74.7 473.0 398.3 0.33 --
V-75T West Hill   76.3 469.0 392.7 0.28 pending
               
V-12 East Hill   96.8 240.7 143.9 1.06 --
V-12T East Hill   13.2 253.0 239.8 0.50 0.048
V-12T   incl. 152.0 201.1 49.1 1.17 0.112
               
V-13 East Hill   2.527.8 276.5 248.7 0.26 --
V-13T East Hill   2.5 416.6 414.1 0.24 0.038
               
V-14 East Hill   16.3 167.0 150.7 0.38 --
V-14T East Hill   9.0 165.4 156.4 0.36 0.165
    incl. 9.0 53.0 44.0 0.47 0.362
               
V-38 East Hill   70.4 243.9 173.5 0.35 --
V-38T East Hill   105.9 280.0 174.1 0.24 0.039
               
V-126 East Hill   228.1 502.0 274.9 0.55 --
V-126T East Hill   214.4 497.8 283.4 0.39 0.152
    incl. 271.3 454.3 183.0 0.51 0.175
               

Top hole without "T" is original hole; hole with "T" is twin hole.

Catalyst Copper is a Vancouver-based publicly traded mine development company (TSX-V: CCY) that optioned the La Verde copper porphyry project in Michoacán State, Mexico from a subsidiary of Teck Resources Limited (see December 8, 2009 news release for complete option details).

ON BEHALF OF THE BOARD OF DIRECTORS OF CATALYST COPPER CORP.

"Terence W. Hodson, P. Geo"

TERENCE W. HODSON, V.P. EXPLORATION

T.W. Hodson is the qualified person as defined by National Instrument 43-101, and has reviewed the technical disclosure contained herein and accepts responsibility for such disclosure.

Reference may be made in this press release to historic minerals resource estimates. None of these are NI 43-101 compliant and a qualified person has not done sufficient work to classify these historic estimates a current mineral resource. They should not be relied upon and Catalyst does not treat them as current mineral resources.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, risks associated with mineral exploration and mining activities, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE Catalyst Copper Corp.