Mr. Jim O'Rourke reports

COPPER MOUNTAIN ANNOUNCES PRODUCTION RESULTS FOR 2017

Copper Mountain Mining Corp. has released production results for 2017 and the fourth quarter of 2017 from the Copper Mountain mine located in Southern British Columbia.

Total production for the 2017 year was 88.3 million pounds of copper equivalent, including 75.8 million pounds of copper, 23,600 ounces of gold and 277,000 ounces of silver, within 2017 guidance numbers. The mill averaged 90.3-per-cent operating time for the year which takes into account the SAG (semi-autogenous grinding) gear change in April. The mill processed a total of 14.1 million tonnes of ore at an average rate of 38,592 tonnes per day and a grade of 0.317 per cent copper.

Production during the fourth quarter totalled 22.3 million pounds of copper equivalent, including 19.5 million pounds of copper, 5,200 ounces of gold and 70,400 ounces of silver. Mill throughput averaged 40,130 tonnes per day for the final three months of 2017, ahead of the guidance of 38,000 tonnes per day. During the quarter, mining continued in the pit 2, Saddle zone and Oriole areas and averaged approximately 205,000 tonnes per day moved. A total of 19.0 million tonnes of material was mined, including 7.4 million tonnes of ore and 11.6 million tonnes of waste.

Jim O'Rourke, president and chief executive officer of Copper Mountain, said: "Two thousand seventeen has been a successful year for the company. The mine team was able to increase mill throughput and in December the rate averaged 43,058 tonnes per day with copper production totalling 7.5 million pounds. The favourable mine performance coupled with the rise in the copper price has allowed the company to increase cash on its balance sheet. In addition, exploration drilling in New Ingerbelle has been encouraging with final assays available shortly. A follow-up exploration program is planned for later in the year."

About Copper Mountain Mining Corp.

Copper Mountain's flagship asset is the Copper Mountain mine located in Southern British Columbia near the town of Princeton. The company has a strategic alliance with Mitsubishi Materials Corp., which owns 25 per cent of the mine. The Copper Mountain mine has a large resource of copper that remains open laterally and at depth. This significant exploration potential will be explored over the next few years in order to fully appreciate the property's full development potential.

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