Mokambo Project sulphide drill confirmation program - 70% complete

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Thu Apr 17, 2008 1:18pm EDT

ABBOTSFORD, BC, April 17 /PRNewswire-FirstCall/ - ICS Copper Systems Ltd.
(ICX:TSX.V) is pleased to announce that 70% of the confirmation drilling of
the historical Mokambo sulphide copper deposit has been completed towards its
objective of preparing a NI 43-101 Resource Report.
    Sulphide Confirmation Drill Program
    -----------------------------------
    The Company is in the process of drilling five diamond drill holes that
twin historical diamond drill holes. Two of the five holes have been
completed. Assay results from the initial hole M-08-S-01 have confirmed the
mineralization assayed from Drill Hole 3 (DH3), which was completed in 1930.
The results are as follows:
    -------------------------------------------------------------------------
    Hole #                From        To       True Width    Total Copper
                            (m)         (m)      Interval (m)      (%)
    -------------------------------------------------------------------------
    M-08-S-01              69.10       84.43       11.74          0.822
              ---------------------------------------------------------------
              including    74.10       74.75        0.50          1.760
              ---------------------------------------------------------------
              including    75.75       76.95        0.92          1.220
              ---------------------------------------------------------------
              including    78.65       80.50        1.04          1.484
              ---------------------------------------------------------------
              including    81.99       82.91        0.70          1.300
              ---------------------------------------------------------------
                           85.65       92.90        5.55          0.353
    -------------------------------------------------------------------------

    Although the assays are lower in the new hole than the historic hole, the
mineralization is spread over a larger interval of the hole. The drill is
currently on the third twinned hole which should be finished within a week,
leaving 2 holes remaining to be drilled.
    Re-sampling and Re-assaying of Historic Sulphide Drill Holes Program
    --------------------------------------------------------------------
    Four of the historical sulphide diamond drill holes that are presently
being drilled as twin holes, have been re-sampled at Kalulushi, using the same
historical sampling intervals for comparison purposes. DH3 was not stored at
the Chamber of Mines facility.
    Samples were sent to Alfred Knight Laboratories in Kitwe for analysis of
total copper and acid soluble copper for comparison with the original assay
results. The Company has received those assays and is pleased to report that
they have successfully corroborated not only the exact historical assay
results themselves but the anomalous intervals as well. The results are as
follows:
    -------------------------------------------------------------------------
    Hole #                From        To       True Width   Total Copper
                            (m)         (m)      Interval (m)      (%)
    -------------------------------------------------------------------------
    KN-20                  166.6      177.2         8.12          0.98
              including    173.1      174.2         0.84          3.57
              ---------------------------------------------------------------
                           203.6      228.3        18.92          1.82
              ---------------------------------------------------------------
              including    204.8      210.9         4.67          2.84
              ---------------------------------------------------------------
              including    214.9      223.4         6.51          2.67
              ---------------------------------------------------------------
                           241.3      243.2         1.38          1.69
    -------------------------------------------------------------------------
    KN-21                  255.7      317.3        47.19          0.93
              ---------------------------------------------------------------
              including    256.3      256.4         0.08         44.90
              ---------------------------------------------------------------
              including    257.9      272.2        10.95          0.98
              ---------------------------------------------------------------
              including    289.9      302.4         9.58          2.05
              ---------------------------------------------------------------
              including    313.3      314.6         1.00          1.76
    -------------------------------------------------------------------------
    KN-22                  323.1      379.2        42.97          0.84
              ---------------------------------------------------------------
              including    328.3      336.2         6.05          1.99
              ---------------------------------------------------------------
              including    346.3      354.0         5.90          1.53
              ---------------------------------------------------------------
              including    373.1      374.6         1.15          1.20
    -------------------------------------------------------------------------
    KN-33                  325.7      391.7        52.09          0.45
              ---------------------------------------------------------------
              including    325.7      327.1         1.07          1.86
              ---------------------------------------------------------------
              including    346.7      347.7         0.77          1.24
    -------------------------------------------------------------------------


    The following table illustrates the close correlation between the
    re-sampled assays and the historical assays for each hole.


    -------------------------------------------------------------------------
    Hole #     Average     Maximum     Minimum     Standard      Median (%)
                   (%)      Value (%)   Value (%)   Deviation
    -------------------------------------------------------------------------
    KN-20          0.12        0.94       -0.35       0.2913         0.05
    -------------------------------------------------------------------------
    KN-21          0.09        3.80       -0.52       0.7508        -0.01
    -------------------------------------------------------------------------
    KN-22         -0.02        0.25       -0.69       0.2004         0.00
    -------------------------------------------------------------------------
    KN-33         -0.09        0.09       -0.99       0.2058        -0.05
    -------------------------------------------------------------------------

    The assay statistics for these holes illustrate that the original assays
were done professionally and accurately. It also reflects that the subsequent
historical estimate grade is an accurate reflection of the mineral potential
of the Mokambo property.
    The Company advises that an independent, qualified person is not presently
classifying the historical sulphide copper estimates as current mineral
resources and ICS is not treating the historical estimates as current mineral
resources, and that the historical estimates should not be relied upon (NI
43-101, Sec 1, 4.2 (2b)).
    However, the Company will shortly generate an updated 43-101 technical
report which will verify historical data and move the historic sulphide
estimate into current NI 43-101 compliant mineral resource categories and will
announce new current NI 43-101 compliant mineral resource categories of the
oxide copper and cobalt, based on the work that has been undertaken by the
Company, thus far.
    Oxide Drill Program
    -------------------
    The Company's shallow (120 meter) drill program, testing the near surface,
oxidized copper mineralization of the Mokambo property has 9 more holes to be
completed but is on hold until the deeper sulphide twinning drill program is
completed. Meanwhile, the assays from the oxide drilling are continuing to be
received. Transition zone material is being shipped to Johannesburg for
metallurgical testing which will include bottle roll tests and small diameter
column test. If the results indicate good recovery of the transition zone
mineralization, this material could be added to the oxide mineralization to
increase the near surface mineral potential of the Mokambo property.
    President and CEO of ICS Graham Chisholm comments: "These assay results
are exactly what we have been waiting for and successfully corroborate the
historical assay results mentioned".
David Makepeace, P.Eng. M.Eng, a director of the Company and its acting
Chief Operating Officer, a qualified person as defined by National Instrument
43-101, supervised the preparation of the technical information in this news
release.
    Stock Options Granted to Richard Molyneux, Director
    ---------------------------------------------------
    Under the Company's 2006 Incentive Stock Option Plan, there are 2,696,387
Options available to purchase Common Share of the Company. The Company has
previously issued 2,050,000 Options to Directors and Officers. On April 11,
2008, the Company issued 200,000 options to Richard Molyneux at an exercise
price of $ 0.59 per share. These options will expire on April 11, 2013. The
Company has 446,387 shares remaining for issuance under the plan.
    ICS COPPER SYSTEMS LTD.
    Signed "Graham Chisholm"
    Graham Chisholm, President & CEO

    This release includes certain statements that are "forward-looking
statements". All statements in this release, other than statements of
historical facts that address future exploration, development and production
activities, and other circumstances, events and developments that the Company
expects, are forward-looking statements. Although management believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ materially
from those in the forward-looking statements. The occurrence of certain risk
factors, the probability of which is unknown, may also affect actual results,
events and developments expected by the Company.
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.


    CONTACT: Graham Chisholm, graham@icscopper.com, Office: (604) 859-3007,
Cell: (604) 302-0746; For Investor Relations: Brett Whitelaw,
brett_whitelaw@telus.net, Tel: (604) 662-8633, Web Page: www.icscopper.com
SOURCE  ICS Copper Systems Ltd.

Graham Chisholm, graham@icscopper.com, Office: (604) 859-3007, Cell: (604)
302-0746; For Investor Relations: Brett Whitelaw, brett_whitelaw@telus.net,
Tel: (604) 662-8633, Web Page: www.icscopper.com
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