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ICS Copper Systems Ltd

ICS Clarifies its Press Release 08-02

Vancouver, Canada (ots/PRNewswire)

ICS Copper Systems
Limited (TSXV: ICX) announces that, as a result of a review by the
British Columbia Securities Commission, it is issuing the following
news release to clarify its disclosure.
Sebembere Property
The Company announced, in a news release dated January 30, 2008,
that it had entered into an agreement giving the Company the
exclusive right to conduct due diligence on the Sebembere Mine until
May 30, 2008, and thereafter an exclusive right to enter into a joint
venture agreement to develop the Sebembere Mine. The news release
discloses an unclassified historical estimate for the Sebembere Mine,
which was derived from a geological report prepared by Geomin
covering the period 1970-1973. The report prepared by Geomin was not
prepared in accordance with NI 43-101, and the Company has not
completed an independent review of the data and methodology employed
by Geomin geologists. The tonnage was based on a 10,700 meter drill
program. The volume calculation method applied has been that of
polygonal outlines around diamond drill hole mineralized
intersections based on vertical sections combined with horizontal
sections. The use of the two orientations has allowed the outlining
of certain blocks of mineralization by establishing their limits by
the vertical sections determined through boreholes, and horizontally
by hypothetically established horizons on 100 meter spacings. The
grade was based on "ore dressing" tests carried out on three samples
made up of 44 mixed separate samples gathered from boreholes.
The Company retracts the estimate and restates it as an estimate
of exploration potential with a range of approximately 16 to 20
million tonnes, grading a range of approximately 1.31% to 1.8%
copper. The potential quantity and grade is conceptual in nature, a
qualified person has not done sufficient work to define a mineral
resource and it is uncertain if future work will result in the
delineation of a mineral resource. The historical estimate should not
be relied upon.
Mokambo Property
The Company distributed, at the Vancouver Roundup Conference in
January 2008, copies of a Business TV presentation highlighting the
Company. The presentation included an oxide estimate with applied
production parameters for the Mokambo Property, which could be
construed as an NI 43-101 current resource estimate. The oxide
estimate, however, was meant to be illustrative in nature and was not
prepared or supported by a preliminary assessment in accordance with
NI 43-101.
The Company retracts the oxide estimate and restates it as an
estimated exploration target with a range of approximately 1 to 5
million tonnes, grading a range of approximately 1.47% to 1.72%
copper. The potential quantity and grade is conceptual in nature,
there has not been sufficient work to define a mineral resource and
it is uncertain if future work will result in the delineation of a
mineral resource. The estimate should not be relied upon.
The only resource estimate available at this time is the sulphide
historical estimate prepared by Geomin in 1973. The Company has no
reason to believe that the historical estimate is unreliable, being
prepared by mining professionals. Details of the historical estimate
are available in the technical report on the Mokambo Property
available on the Company's profile on SEDAR. Although the Company is
completing its Phase 1 drill program as per the technical report, the
Company does not have any more recent estimates or data concerning a
resource estimate on the Mokambo Property. In accordance with
NI43-101, the Company further advises that a qualified person has not
done sufficient work to classify the historical estimate as current
mineral resources, that it is not treating the historical estimate as
current mineral resources, and that the historical estimate should
not be relied upon.
David Makepeace, a director of the Company and its acting Chief
Operating Officer, a qualified person as defined by National
Instrument 43-101, supervised the preparation of the technical
information in this news release.
ICS COPPER SYSTEMS LTD.
Signed "Graham Chisholm"
Graham Chisholm, President & CEO
This release includes certain statements that are
"forward-looking statements". All statements in this release, other
than statements of historical facts that address future exploration,
development and production activities, and other circumstances,
events and developments that the Company expects, are forward-looking
statements. Although management believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ
materially from those in the forward-looking statements. The
occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
    Graham Chisholm,
     graham@icscopper.com,
    Office: +1-604-859-3007,
    Cell: +1-604-302-0746;
    For Investor Relations:
    Brett Whitelaw,
     brett_whitelaw@telus.net,
    Tel: +1-604-662-8633;
    Web Page: http://www.icscopper.com

Contact:

For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; For Investor
Relations: Brett Whitelaw, brett_whitelaw@telus.net, Tel:
+1-604-662-8633.

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