VANCOUVER, BRITISH COLUMBIA - June 2, 2008 - Initial results from American Copper's (TSX VENTURE:AJ) Squaw Peak Project, located 70 miles (113 km) north of Phoenix, Arizona, confirm the presence of both high-grade copper-molybdenum-silver and bulk mineable copper-molybdenum targets. All holes drilled remained in copper/molybdenum mineralization their entire lengths. Drill hole SP0803 contained 30 feet (9.1 m) averaging 1.03% Cu, 0.078% Mo and 5.57 oz/ton Ag and included 5 feet (1.5 m) at 0.87% Cu, 0.089% Mo and 13.70 oz/ton Ag. Average values for entire drill holes range from 0.41% to 0.74% copper equivalent. Values for all 8 drill holes are shown in the table below.
A total of 8 vertical and angle core holes were drilled totaling 3,155.4 feet (962 m). The initial holes attempted to locate high-grade mineralization similar to that found on the upper mine dump of the property as well as begin exploring the bulk-mineable potential of the property. The holes, drilled from two sites approximately 400 feet (122 m) apart, tested to a vertical depth of 300 to 500 feet. Additional drilling will be needed to determine the extent of the mineralization.
The core was sawed in half and one-half sent to ALS Chemex in Reno, Nevada for analysis. Analysis was by ICP with checks done by XRF. Copper and silver overlimits were run by AAS.
American Copper's plan map and cross sections of its recent drilling program will be available shortly on its website
http://www.americancoppercorp.com. Richard Kern (P.Geo), a director of American Copper, is the Company's qualified person on the project as required under NI 43-101and has prepared the technical information contained in this press release.
American Copper is dedicated to the principles of environmentally sound mining practices and believes that environmental stewardship and mining can co-exist. For details on the Company and its properties, see the prospectus of the Company dated July 19, 2007, available on SEDAR at
www.sedar.com.
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From To Interval Cu Mo Ag % Cu
Hole # (ft) (ft) (ft) (ppm) (ppm) (ppm) Equiv.
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SP0801 0 55 55 6507 397 3.7 1.02
entire DH 0 299 299 3465 154 1.7 0.48
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SP0802 15 40 25 4552 96 9.0 0.60
220 275 55 4829 199 3.0 0.66
295 402.7 107.7 6410 242 1.7 0.85
entire DH 0 402.7 402.7 4157 149 2.4 0.55
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SP0803 10 40 30 10287 777 191.0 3.00
including 25 30 5 8680 898 468.0 4.81
240 270 30 6625 352 4.2 1.00
300 480 180 6415 261 2.8 0.89
535 555 20 6578 338 1.2 0.96
entire DH 0 577.5 577.5 4645 204 12.1 0.73
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SP0804 0 45 45 8331 961 0.8 1.68
entire DH 0 301 301 3018 264 1.5 0.54
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SP0805 0 65 65 8881 560 3.5 1.40
entire DH 0 301.7 301.7 4534 269 1.7 0.70
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SP0806 105 375 270 6217 383 2.4 0.97
395 430 35 4830 323 0.9 0.77
entire DH 0 557 557 4959 265 2.0 0.74
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SP0807 15 35 20 6003 39 2.7 0.65
125 175 50 5275 41 2.1 0.58
260 280 20 6783 100 2.6 0.78
entire DH 0 412.5 412.5 3526 51 1.5 0.41
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SP0808 80 185 105 5941 289 2.8 0.87
entire DH 0 304 304 4237 151 1.8 0.57
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- Percent Copper Equivalent calculated using Cu equals $3.82/pound,
Mo equals $33.50/pound, Ag equals $17.64/ounce
- True width is undetermined as every hole ended in mineralization.
ON BEHALF OF THE BOARD
Robert Eadie, President & Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
American Copper Corporation
Robert Eadie
(604) 602-4935 or Toll Free: 1-866-602-4935
(604) 602-4936 (FAX)
Website: www.americancoppercorp.com
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.
