Mr. Tim Warman reports

ATACAMA COPPER CORPORATION RETAINS CASCADE CORPORATE CONSULTING LTD. FOR INVESTOR RELATIONS SERVICES

Atacama Copper Corp. has entered into a consulting agreement with Cascade Corporate Consulting Ltd. whereby Cascade will provide investor relations services. Cascade will aid the company in building awareness in the financial community by maintaining relationships between the management of the company and investors.

Subject to the approval of the TSX Venture Exchange, the terms of the consulting agreement provide that the company will pay Cascade a monthly fee of $8,000 (plus applicable taxes) and will be granted stock options to acquire 200,000 common shares of the company at an exercise price of $1.33 per common share pursuant to the company's long-term incentive plan. The term of the consulting agreement is for a period of six months or until earlier terminated in accordance with the terms thereof.

The company and Cascade act at arm's length and Cascade has no present interest, directly or indirectly, in the company or its securities, other than the options. The fees paid by the company to Cascade are for its services only. The engagement of Cascade remains subject to the approval of the TSX Venture Exchange.

About Atacama Copper Corp.

Atacama Copper is a well-financed resource company adding value through the acquisition, exploration, and development of copper and precious metals projects in the Americas. The company is carrying out an aggressive drilling campaign at its Cristina precious metals project in Chihuahua, Mexico, with the goal of significantly expanding the existing mineral resource estimate. Drilling is also planned for the Yecora copper project in Sonora, Mexico. In Chile, the Placeton/Caballo Muerto project hosts several untested porphyry copper targets situated between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.

We seek Safe Harbor.