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ICS Copper Systems Ltd

ICS Nears Production of Third Party Ore

Abbotsford, Canada, November 24 (ots/PRNewswire)

ICS Copper
Systems Ltd. (ICX:TSX.V) is continuing to advance the Mokambo
project EMEW plant toward production of third party ore. To this end
the  Company is negotiating with ZESCO, Zambia's largest power
utility to install  a 4.2 kilometre 11 kV three phase powerline to
ICS's EMEW plant and compound.  This will provide the necessary and
cost effective power to operate its EMEW  plant using third party
ore. If ZESCO can install the powerline in a timely  manner and the
EMEW plant is completed at the same time, copper production  could
start in early 2009. The Company remains confident that it will be
able  to produce copper profitably and lessen the effects of the
current world  financial crisis.
ICS feels that by cost effectively advancing the EMEW plant and
addressing its power requirements, it will be well positioned to take
advantage of future increases in copper prices.
The Company also wishes to announce that the 2008 annual
financial  statements and the MD & A documents are available on
SEDAR. Additionally, the  Company also wishes to announce that the NI
43-101 mineral resource technical  report for the sulphide
mineralization on the Mokambo property will be  available on SEDAR
shortly. Furthermore, Coffey Mining will release a  separate report
on the oxide zone mineral resource shortly.
Resignation of Director
Fred Sveinson has resigned as a director of the company stating
that he  needs to focus more fully on his role as C.E.O. of Merit
Mining Company (MEM- TSX.V). The Company wishes to extend its
appreciation to Fred for his  contributions to the Board since
inception.
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
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

Plus de actualités: ICS Copper Systems Ltd
Plus de actualités: ICS Copper Systems Ltd
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    ICS Pauses for Strategic Review

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  • 16.10.2008 – 19:45

    Mokambo NI 43-101 Mineral Resource Technical Report Received

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  • 21.08.2008 – 18:06

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