VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 9, 2007) - Global Copper Corp. (TSX:GLQ) is pleased to announce that it has exercised its option to acquire the Relincho porphyry copper deposit in Chile. The option was originally entered between Lumina Copper Corp. and Andes Pacific Development S.A. in December 2003 and was transferred to Global in connection with Lumina's Plan of Arrangement in May 2005.
To exercise the option Global paid US$5 million to the vendors. Global now owns Relincho 100% free and clear of all encumbrances other than a 2% net smelter royalty on certain non-core mining rights that contain no known mineral resources.
GLOBAL COPPER CORP.
Robert Pirooz, Corporate Secretary
FOR FURTHER INFORMATION PLEASE CONTACT:
Global Copper Corp.
President & CEO
(604) 687-7041 (FAX)