Canada One Mining Corp. announced that it has completed a Mobile Metal Ion (MMI) soil geochemical survey at its 100% owned Copper Dome Project, located south of Princeton, BC. Copper Dome, located 18km south of Princeton, British Columbia, is contiguous to Copper Mountain Mining Corporation's currently producing Copper Mountain Mine, which hosts a Proven and Probable Mineral Reserve of 702 Mt of 0.24% Cu.

Copper Dome's northern boundary lies 1.5kms from the mine's deposits. Currently, the Company is compiling past exploration data, initiated fieldwork and submitted a drill permit application in anticipation of a potential fall drill program. Following this summer's fieldwork, Canada One will turn its attention to defining the best drill targets with the intent of validating the work that has been done to date and outlining areas of copper mineralization.

The Copper Mountain Mine, which is contiguous to the north of Copper Dome, is a conventional open pit, truck and shovel operation. The mine has a 45,000 tonnes per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits. A new life of mine plan to expand the mill to 65,000 tonnes per day, further increases average annual production to 138 million pounds of copper equivalent and reduces all-in costs to USD 1.76 per pound of copper over the first 20 years of a 32-year mine life.

The 65,000 tonnes per day mill expansion, including the integration of New Ingerbelle, brings Copper Mountain Mine's after-tax NPV at an 8% discount to USD 1.245 billion. Further potential exists through the upgrading of Mineral Resources to Mineral Reserves and further exploration to continue to extend the mine life and add value. The Company cautions the discoveries and observations on properties in proximity to the Company's properties are not necessarily indicative of the presence of similar mineralization or geology on the Company's properties.