CUO Copper One Inc

Copper One Inc. (TSX VENTURE:CUO) (the "Company" or "Copper One") is pleased to
announce the results for the fall 2011 core drilling program for its 100% owned
Lone Mountain Project, just outside of Silver City, Grant County, New Mexico,
USA. These results are highlighted by hole LM-11-052, which intersected 135
meters of 0.36% copper, was drilled on a portion of the property that had never
been tested and extends the known mineralization to the south, tripling its
size. The Lone Mountain project lies between Freeport McMoran's operating Chino
and Tyrone Copper Mines.


The goal of the fall 2011 drilling program was to test the north-northwest
trending mineralized zone, which lies along the western margin of the porphyry
intrusion and was defined previously by only three vertical holes, LM-44, LM-03
and LM-32. The fall 2011 program utilized angle core drilling (one to the east
and five to the west) because of the suspected high angle to vertical fracture
control to the mineralization. Prior to the 2011 core drilling program, the
Western Zone had dimensions of 79 meters wide and 545 meters long, and plunged
steeply to the east. The 2011 core drilling clearly demonstrated strong high
angle to vertical control to the mineralization and tripled its dimensions to
143 meters wide by 1,046 meters long.


The best intersections from the 2011 core drilling campaign on the Lone Mountain
project are as follows:




---------------------------------------------------------------------------
Hole number                           Width                           Grade
---------------------------------------------------------------------------
LM-11-049                         45 meters                    0.34% copper
---------------------------------------------------------------------------
LM-11-050                         40 meters                    0.33% copper
---------------------------------------------------------------------------
LM-11-051                         75 meters                    0.25% copper
---------------------------------------------------------------------------
LM-11-052                        136 meters                    0.36% copper
---------------------------------------------------------------------------
LM-11-53                          44 meters                    0.17% copper
---------------------------------------------------------------------------
LM-11-54                          50 meters                    0.60% copper
---------------------------------------------------------------------------



The true widths of the reported core intervals are estimated to be between 60
and 65 percent of these intervals.


An additional goal of the drill program was to determine the depth extent of the
oxide copper mineralization at Lone Mountain. This most recent drilling revealed
that copper oxide mineralization does penetrate deeper than expected, in excess
of 380 meters deep. Copper One also found that the observed mineralized
fractures in the porphyry are denser than modeled from previous shallow vertical
drilling in the center of the intrusion.


The fall 2011 drilling program was performed under a first-of-its-kind state
issued Part 4 Permit that allows Copper One the flexibility to drill up to 528
holes from up to 176 drill sites. In 2012, the Company plans to conduct reverse
circulation drilling in the Western Zone. This will be followed by core drilling
to potentially expand the Western and Eastern Zones and test the depths of
mixed-oxide sulphide-chalcocite zones in the Eastern Zone.


Benoit Moreau, President and Chief Executive Officer of Copper One, stated: "The
core drilling program was successful in expanding the Western copper oxide zone
and confirmed the vertical to sub-vertical fracture control at Lone Mountain. A
similar program is planned for 2012 on both the Western and Eastern Zones that
are still open, with the objective to increase again the mineralization
footprint. These drill programs are designed to lead to a National Instrument
43-101 compliant resource estimate."


Quality Assurance/Quality Control

The Lone Mountain exploration program has been conducted under the supervision
of Mr. Thomas Kilbey, a qualified person as defined by National Instrument
43-101. Copper One has implemented and adheres to a strict Quality
Assurance/Quality Control program which includes mineralized standards and
blanks for each batch of samples (averaging 1 for every 10). Assay samples are
taken from drill core sawed in half with one half sent to a commercial
laboratory and the other half retained for future reference. Several one half
core samples were split into quarters for duplicate assaying. Core sawing slimes
on 50 foot intervals were gathered for 2 holes during the program (one in skarn
and one in porphyry) to verify that no variation of assays was produced by
sawing. Four acid copper and trace element analyses were performed by
Inspectorate Laboratories of Sparks, Nevada, an accredited laboratory, which is
a division of Bureau Veritas Group Company.


Granting of Stock Options

Copper One also announces that it has granted 400,000 stock options to various
directors, employees and consultants. Such options may be exercised at a price
of $0.35 per common share for a period of five years from the date hereof and
are subject to approval of the TSX Venture Exchange.


Qualified Person

The scientific and technical information in this news release has been reviewed
and approved by Thomas Kilbey, Copper One's Vice President Exploration, a
certified professional geologist and a qualified person as defined by National
Instrument 43-101.


About Copper One Inc.

Copper One is focused on developing high-value copper deposits in leading mining
jurisdictions. The Company is led by a diverse team of explorers, developers and
operators with major company experience and a clear understanding of the
business of mining. The newest additions to Copper One's portfolio are the
Riviere Dore copper-nickel project, located near Val d'Or, Quebec, and the
Queylus copper-gold project, located in the Chibougamau mining district in
Quebec. Copper One has six other properties which are located in the Arizona and
New Mexico copper mining districts, including the Lone Mountain copper oxide
project.


For more information about Copper One Inc., please visit: www.copperone.com.

On behalf of the board of directors of Copper One Inc.,

Benoit Moreau, President & Chief Executive Officer

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, statements with respect to the Company's planned drilling program
for 2012, the continued advancement of the Company's general business and
research development and the Company's development of mineral exploration
projects. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although Copper One Inc.
believes that their expectations reflected in these forward looking statements
are reasonable, such statements involve risks and uncertainties and no assurance
can be given that actual results will be consistent with these forward-looking
statement. Important factors that could cause actual results to differ from
these forward-looking statements include the potential that fluctuations in the
marketplace for the sale of minerals, the inability to implement corporate
strategies, the ability to obtain financing and other risks disclosed in our
filings made with Canadian Securities Regulators.

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