Copper One Inc announced the results for the fall 2011 core drilling program for its 100% owned Lone Mountain Project just outside of Silver City, Grant County, New Mexico, USA. These results are highlighted by hole LM-11-052, which intersected 135 meters of 0.36% copper was drilled on a portion of the property that had never been tested and extends the known mineralization to the south, tripling its size. The Lone Mountain project lies between Freeport McMoran's operating Chino and Tyrone Copper Mines.

The goal of the fall 2011 drilling program was to test the north-northwest trending mineralized zone, which lies along the western margin of the porphyry intrusion and was defined previously by only three vertical holes, LM-44, LM-03 and LM-32. The fall 2011 program utilized angle core drilling because of the suspected high angle to vertical fracture control to the mineralization.

Prior to the 2011 core drilling program, the Western Zone had dimensions of 79 meters wide and 545 meters long, and plunged steeply to the east. The 2011 core drilling clearly demonstrated strong high angle to vertical control to the mineralization and tripled its dimensions to 143 meters wide by 1,046 meters long.

An additional goal of the drill program was to determine the depth extent of the oxide copper mineralization at Lone Mountain. This most recent drilling revealed that copper oxide mineralization does penetrate deeper than expected, in excess of 380 meters deep. Copper One also found that the observed mineralized fractures in the porphyry are denser than modeled from previous shallow vertical drilling in the center of the intrusion.

The fall 2011 drilling program was performed under a first of its kind state issued Part 4 Permit that allows Copper One the flexibility to drill up to 528 holes from up to 176 drill sites. In 2012, the Company plans to conduct reverse circulation drilling in the Western Zone. This will be followed by core drilling to potentially expand the Western and Eastern Zones and test the depths of mixed oxide sulphide chalcocite zones in the Eastern Zone.

Mr Benoit Moreau president and CEO of Copper One said that "The core drilling program was successful in expanding the Western copper oxide zone and confirmed the vertical to sub vertical fracture control at Lone Mountain. A similar program is planned for 2012 on both the Western and Eastern Zones that are still open, with the objective to increase again the mineralization footprint. These drill programs are designed to lead to a National Instrument 43-101 compliant resource estimate."