Sherwood Reports Multiple High Grade Intercepts from its Kutcho Copper Project

* Reuters is not responsible for the content in this press release.

Tue Sep 2, 2008 6:00am EDT

  VANCOUVER, BRITISH COLUMBIA, Sep 02 (MARKET WIRE) -- 
Sherwood Copper Corporation (TSX VENTURE: SWC)(TSX VENTURE: SWC.DB) today
announced the second batch of high grade assay results from the 2008
drill program at its Kutcho Copper Project located in north-western
British Columbia. The 2008 drill program was designed to advance the
Kutcho Copper Project towards completion of a feasibility study by better
defining the high grade mineralization in the "Main" deposit, one of
three massive sulphide deposits identified at the Kutcho Copper Project,
which Sherwood controls through its wholly owned subsidiary, Kutcho
Copper Corp. Highlights from this latest batch of results are tabulated
below, while complete results for 36 new holes are attached. Results for
the first batch of 13 holes were reported on July 14, 2008.

 
--------------------------------------------------------------------------
             From     To  Interval  Interval  Copper   Zinc   Gold  Silver
Hole ID        (m)    (m)       (m)      (ft)     (%)    (%)  (g/t)   (g/t)
--------------------------------------------------------------------------
WK08-103    122.9   138.7     15.8      51.8    3.86   4.16   0.97    62.4
--------------------------------------------------------------------------
 including  122.9   129.1      6.2      20.3    5.74   3.55   1.85    98.9
--------------------------------------------------------------------------
WK08-114    112.2   131.1     18.9      13.5    2.32   2.73   0.34    27.0
--------------------------------------------------------------------------
 including  117.0   123.8      6.8      22.3    3.81   4.01   0.58    46.9
--------------------------------------------------------------------------
WK08-118    117.2   132.1     14.9      48.9    2.57   1.84   0.68    46.7
--------------------------------------------------------------------------
 including  117.2   120.0      2.8       9.2    7.16   1.69   2.56   154.4
--------------------------------------------------------------------------
WK08-123    118.8   145.7     26.9      88.3    2.08   3.64   0.27    38.6
--------------------------------------------------------------------------
 including  118.8   122.6      3.8      12.5    3.08  12.40   0.22    40.8
--------------------------------------------------------------------------
 and        130.1   133.1      3.0       9.8    5.08   6.12   0.63    73.5
--------------------------------------------------------------------------
 and        144.3   145.7      1.4       4.6   11.60   0.10   1.79   349.6
--------------------------------------------------------------------------
WK08-128     38.4    56.7     18.3      60.0    2.54   0.77   0.79    65.6
--------------------------------------------------------------------------
 including   44.5    52.1      7.6      24.9    5.12   0.98   1.76   142.7
--------------------------------------------------------------------------
 including   45.8    49.5      3.7      12.1    7.99   0.39   3.24   246.1
--------------------------------------------------------------------------
WK08-130     47.8    56.0      8.2      26.9    4.06   0.99   2.66    94.0
--------------------------------------------------------------------------
 including   48.9    51.9      3.0       9.8    7.83   1.89   6.17   156.0
--------------------------------------------------------------------------
 

    "The results of the 2008 drill program at the Kutcho Copper Project
have so far exceeded our expectations," said Stephen Quin, President and
CEO of Sherwood Copper. "From the results received to date, it would
appear that the high grade mineralization has better continuity and is
more extensive than previous drilling suggested and this bodes well for
an updated resource model, once completed, and for enhanced project
economics."

    2008 Drill Program

    The 2008 drill program was undertaken in order to increase confidence in
the mineral resources that comprise the bulk of the Main deposit, to
infill gaps identified in the previous resource model for the Main
deposit, to test potential along open high grade trends within the Main
deposit and to provide ample sample material for an extensive
metallurgical program, all in support of advancing the Kutcho Copper
Project toward completion of a feasibility study.

    Seventy-eight new holes (81 were collared but 3 were abandoned) were
successfully completed within the Main deposit resource area in 2008,
adding to the 221 existing holes upon which the recent NI43-101 indicated
mineral resource of 17.3 million tonnes grading 1.56% copper, 2.12% zinc,
0.29g/t gold and 26.1g/t silver was calculated (reported June 12, 2008).
Once all of the assay data from the recently completed drill program is
received, an updated resource estimate will be prepared, with completion
expected before the end of 2008. This updated estimate will include
approximately 35% more drill holes than the previous estimate, including
numerous new drill intercepts in the central and western portions of the
Main deposit, where drill spacing has been cut approximately in half from
2007 spacing, providing much greater confidence in the resource estimate
and in the continuity of the high grade mineralization therein.

    The Main deposit is one of three known mineral deposits comprising the
Kutcho Copper Project and was the subject of a Preliminary Economic
Assessment ("PEA"), the results for which were announced on June 12,
2008. The PEA identified a number of opportunities to significantly
enhance the project economics versus those set out in the base case in
the PEA, including increasing the grade of the Main deposit by improving
the continuity of the high grade mineralization, increasing the quantity
of resources extracted as part of the proposed production model and
improving the metallurgical recoveries, amongst others. The 2008 drill
program is a significant step towards meeting these objectives.

    A metallurgical program is already underway at SGS Lakefield, with
initial testing utilizing core drilled in prior years and stored at
Lakefield. Once the updated resource estimate and the initial
metallurgical testing are complete, the core generated from the 2008
drill program will be used for continued testing in support of a
feasibility study. This new resource model and metallurgical test work,
combined with other activities being undertaken to optimize will be used
to design a "fit for purpose" mining and processing operation for the
Kutcho Copper Project that maximizes value to Sherwood's shareholders.

    2008 Drill Program Statistics

    The 2008 drill program was completed in August 2008 with 9,877 metres of
HQ-size core drilling in 81 holes (including 3 that were abandoned). Full
assay results have now been received and announced for 49 holes, while
final results are pending on the remaining 29 holes. All holes were
drilled with HQ-size core to provide a larger assay sample for better
statistical reliability and to provide ample material for metallurgical
testing.

    Discussion of Results

    One of the main objectives of the 2008 program was to infill the gaps in
drilling in the previous resource in order to demonstrate continuity of
high grade copper mineralization across sparsely drilled areas and to
test for up and down dip extensions in high grade areas. Notable
successes include:

    Section 7,860E - Holes WK08-103; WK08-105 (previously released) & WK08-107

    The first two holes show continuity of high grade in a gap in the
sections, while WK08-107 is a down dip extension of this high grade.

    Section 7,800E - Holes WK08-118; WK08-121 & WK08-123

    These three holes cover another gap in the previous resource area, with
exceptional results: two of these three holes rank among the best results
to date (see highlight table above). Hole WK-123 shows the mineralization
to be continuing down dip at moderate copper grades.

    Section 7,680E - Hole WK08-134 & WK08-137

    These two holes successfully extend the high grade copper mineralization
up-dip, closer to surface.

    Section 7,510E - Hole WK08-122

    This hole extends moderate grade copper mineralization up-dip over the
entire width of the zone but includes much higher copper grades over a
significant subinterval of 6.3m.

    Section 7,380E - Hole WK08-128

    This hole extends very high grade copper mineralization (see highlight
table above) up-dip, to less than 40 metres below surface, in one of two
areas identified in the PEA as a potential starter pit area.

    Section 7,330E - Hole WK08-130; WK08-132 & WK08-138

    Drilling on this section extends very high grade copper mineralization
up-dip very close to surface (see WK08-130 in highlight table above) and
moderate to high grade mineralization down dip into a significant gap in
the previous drilling.

    It should also be noted that the results from hole WK08-108 on section
537,740E were disappointing; the horizon pinches at this location and the
copper grade drops to less than half of what the up-dip and down-dip
holes intersected. Nevertheless, the overall results of the 2008 drilling
reported to date are significantly to the positive versus what was
previously reported.

    The results in tables in this news release are reported as intersected
intervals. However, because of the moderate dip of the Kutcho Main Zone
and the angle of the drill holes, most of the intercepts are at or near
true thickness. Copper results to date are also presented on a coloured
long-section accompanying this press release, where copper mineralization
is depicted as a multiple of grade and true thickness to reduce any bias
from the steeper dipping holes. It is important to note that this
long-section is a depiction of mineralization generally used to guide
exploration drilling; it is not a projection of a mineral resource nor
should it be used to predict future gains or losses in any resource
estimation. See attached long section at:
www.sherwoodcopper.com/i/pdf/2008-09-02KutchoMainDepositLongsection.pdf.
Note that the contouring has been updated to incorporate the results of
the 2008 drilling released to date.

    Kutcho Copper Project

    Sherwood views Kutcho's high grade, near surface copper resources, with
their substantial by-product credits of zinc, silver and gold, as an
opportunity to potentially develop an economically attractive open pit
mining operation similar in scale to its Minto Mine. The previously
announced PEA set out a base case for development of the Kutcho Copper
Project by focusing on the Main deposit, but outlined a number of
opportunities to materially enhance the merits of project. Sherwood is
continuing the process of optimizing the Kutcho Copper Project by
focusing on these opportunities. Further, there is additional upside
potential from the possible exploitation of underground resources not
considered in the PEA and through the discovery of additional deposits in
this prospective volcanogenic massive sulphide terrain.

    About Sherwood Copper

    Sherwood Copper's objective is the profitable production of base and
precious metals from high grade, open pit mines in Canada. Sherwood's
first operation, the high grade Minto copper-gold mine in Yukon, Canada,
was built on budget and ahead of schedule. The Minto Mine is one of the
highest-grade open pit copper-gold mines in the world, and is forecast to
be a low cost producer. Aggressive exploration on the Minto property has
yielded significant success, providing Sherwood the opportunity to 'grow
from within' by substantially expanding the resource and reserve base,
potentially supporting further production increases. To further
accelerate its production growth, Sherwood intends to pursue merger &
acquisition opportunities that fit its business model and, in May 2008,
Sherwood acquired 100% ownership in Western Keltic Mines (now Kutcho
Copper Corp.), owner of the high-grade Kutcho copper-zinc-gold-silver
deposit in northwestern British Columbia. Sherwood expects to lever off
its successful development of the Minto Mine by re-evaluating and
optimizing the Kutcho Copper Project and advancing it to a production
decision.

    Quality Assurance

    The technical information in this news release has been prepared in
accordance with Canadian regulatory requirements set out in National
Instrument 43-101 and reviewed by Stephen P. Quin, P. Geo., President &
CEO for Sherwood Copper Corporation. The exploration activities at the
Kutcho Project site are carried out under the supervision of Brad Mercer,
P. Geol., and V.P. Exploration with Sherwood.

    The analytical method for copper, zinc and silver includes aqua regia
digestion followed by ICP-AES (atomic emission spectroscopy). If either
copper or zinc reports over 2500ppm (0.25%), ore grade analysis is
conducted for copper, zinc and silver. Gold is measured using fire assay
followed by atomic absorption spectroscopy. When visible gold is noted in
drill core samples or regular fire assay values exceed 5 grams per tonne,
the pulp and screen metallic assay method is used to determine total gold
content and gold content of different size fractions. This is considered
industry best practice when dealing with coarse gold mineralization where
a nugget effect is suspected. The result of the pulp and screen metallic
assay is accepted as the most representative value and used in the assay
database for resource calculations. All analytical work is carried out by
ALS Chemex in North Vancouver. Blanks and standard reference materials
are used for quality assurance and quality control. If more than two
check samples assay outside the expected ranges, the entire work order is
re-assayed. After the completion of planned drill programs at Kutcho,
random check assays will be carried out by Acme Analytical of Vancouver.

    Additional Information

    Additional information on Sherwood and its Minto & Kutcho projects can be
obtained on Sherwood's website at http://www.sherwoodcopper.com.

    On behalf of the board of directors

    SHERWOOD COPPER CORPORATION

    Stephen P. Quin, President & CEO

    Forward Looking Statements

    This document may contain "forward-looking statements" within the meaning
of Canadian securities legislation and the United States Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are made as of the date of this document and the Company does
not intend, and does not assume any obligation, to update these
forward-looking statements.

    Forward-looking statements relate to future events or future performance
and reflect management's expectations or beliefs regarding future events
and include, but are not limited to, statements with respect to the
estimation of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future production,
costs of production, capital expenditures, success of mining operations,
environmental risks, unanticipated reclamation expenses, title disputes
or claims and limitations on insurance coverage. In certain cases,
forward-looking statements can be identified by the use of words such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does
not anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved" or the
negative of these terms or comparable terminology. By their very nature
forward-looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, risks
related to actual results of current exploration activities; changes in
project parameters as plans continue to be refined; future prices of
resources; possible variations in ore reserves, grade or recovery rates;
accidents, labour disputes and other risks of the mining industry; delays
in obtaining governmental approvals or financing or in the completion of
development or construction activities; as well as those factors detailed
from time to time in the Company's interim and annual financial
statements and management's discussion and analysis of those statements,
all of which are filed and available for review on SEDAR at
www.sedar.com. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there may
be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such
statements.

    Accordingly, readers should not place undue reliance on forward-looking
statements.


Details of Drill Results
To accompany Sherwood Copper News Release Dated September 2, 2008

--------------------------------------------------------------------------
             From     To  Interval  Interval  Copper   Zinc   Gold  Silver
Hole ID        (m)    (m)       (m)      (ft)     (%)    (%)  (g/t)   (g/t)
--------------------------------------------------------------------------
WK08-089 to 98            Previously Released on July 14, 2008
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-099     83.6   99.3      15.7      51.5    1.69   2.60   0.40    32.7
--------------------------------------------------------------------------
 including   83.6   87.9       4.3      14.1    3.87   0.96   1.12    88.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-100     90.3  108.8      18.5      60.7    0.71   1.52   0.12    10.9
--------------------------------------------------------------------------
 including    102  108.8       6.8      22.3    1.29   3.63   0.23    18.8
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-101       99  123.6      24.6      80.7    2.26   1.74   0.09    27.5
--------------------------------------------------------------------------
 including    111  118.3       7.3      23.6    3.92   2.11   0.52    43.7
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-102                  Previously Released on July 14, 2008
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-103    122.9  138.7      15.8      51.8    3.86   4.16   0.97    62.4
--------------------------------------------------------------------------
 including  122.9  129.1       6.2      20.3    5.74   3.55   1.85    98.9
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-104     34.7   48.9      14.2      46.6    1.68   2.29   0.20    27.1
--------------------------------------------------------------------------
 including   41.1   46.9       5.8      19.0    2.97   3.09   0.33    38.6
-------------------------------------------------------------------------- 
--------------------------------------------------------------------------
WK08-105                  Previously Released on July 14, 2008
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-106     99.4  110.2      10.8      35.4    2.50   4.35   0.27    27.8
--------------------------------------------------------------------------
 including  101.3    107       5.7      18.7    3.28   5.84   0.32    32.6
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-107    122.9  147.5      24.6      80.7    1.47   3.38   0.27    25.4
--------------------------------------------------------------------------
 including    124  132.5       8.5      27.9    2.05   5.09   0.34    45.7
--------------------------------------------------------------------------
 and        137.4  141.2       3.8      12.5    3.14   2.07   0.44    28.7
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-108    103.5  111.8       8.3      27.2    0.85   1.48   0.13    13.8
--------------------------------------------------------------------------
 including  108.1  111.8       3.7      12.1    1.52   3.27   0.23    24.2
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-109    135.4  162.1      26.7      87.6    0.78   0.92   0.20    14.8
--------------------------------------------------------------------------
 including  135.4  142.9       7.5      24.5    1.42   0.54   0.22    29.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-110     63.7   87.4      23.7      77.8    1.16   2.01   0.18    15.6
--------------------------------------------------------------------------
 including   63.7   66.6       2.9       9.5    1.43   0.54   0.21    19.8
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-111                               Abandoned
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-112    103.9  122.1      18.2      59.7    1.86   2.49   0.24    23.8
--------------------------------------------------------------------------
 including  106.8  116.7       9.9      32.5    2.37   3.00   0.24    28.3
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-113     69.9   98.3      28.4      93.2    1.29   2.17   0.19    19.0
--------------------------------------------------------------------------
 including   88.4   96.8       8.4      27.6    2.02   4.48   0.24    23.6
--------------------------------------------------------------------------
 and         80.0   84.1       4.1      13.5    3.20   3.12   0.46    60.5
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-114    112.2  131.1      18.9      13.5    2.32   2.73   0.34    27.0
--------------------------------------------------------------------------
 including  117.0  123.8       6.8      22.3    3.81   4.01   0.58    46.9
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-115     90.5   94.2       3.7      12.1    0.87   0.18   0.10    12.3
--------------------------------------------------------------------------
 and         98.7  110.2      11.5      37.7    2.07   3.68   0.27    26.1
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-116     69.6   84.4      14.8      48.6    1.21   1.89   0.22    15.9
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-117     70.0   74.0       4.0      13.1    2.17   4.00   0.55    52.6
--------------------------------------------------------------------------
 and         79.9   98.4      18.5      60.7    1.55   2.86   0.34    24.7
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-118    117.2  132.1      14.9      48.9    2.57   1.84   0.68    46.7
--------------------------------------------------------------------------
 including  117.2  120.0       2.8       9.2    7.16   1.69   2.56   154.4
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-119     82.1   89.2       7.1      23.3    0.74   1.85   0.14    18.5
--------------------------------------------------------------------------
 and         97.9  112.4      14.5      47.6    1.61   2.43   0.21    23.9
--------------------------------------------------------------------------
 including  102.4  109.6       7.2      23.6    2.17   3.17   0.30    33.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-120         Geochemically anamolous-no significant intersections
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-121    117.4  138.8      21.4      70.2    1.95   3.60   0.32    32.7
--------------------------------------------------------------------------
 including  124.7  137.5      12.8      42.0    2.54   3.45   0.40    40.8
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-122       80  104.4      24.4      80.1    1.52   1.50   0.24    25.0
--------------------------------------------------------------------------
 including     80   86.3       6.3      20.7    3.04   1.49   0.36    50.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-123    118.8  145.7      26.9      88.3    2.08   3.64   0.27    38.6
--------------------------------------------------------------------------
 including  118.8  122.6       3.8      12.5    3.08  12.40   0.22    40.8
--------------------------------------------------------------------------
 and        130.1  133.1       3.0       9.8    5.08   6.12   0.63    73.5
--------------------------------------------------------------------------
 and        144.3  145.7       1.4       4.6   11.60   0.10   1.79   349.6
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-124       66   75.5       9.5      31.2    1.24   2.15   0.60    30.7
--------------------------------------------------------------------------
 including   66.4   69.9       3.5      11.5    2.11   3.81   1.45    60.1
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-125     74.4   84.0       9.6      31.5    1.35   1.82   0.21    22.9
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-126    122.6  144.3      21.7      71.2    1.13   1.80   0.23    16.0
--------------------------------------------------------------------------
 including  124.3  126.2       1.9       6.2    1.99   5.70   0.33    27.4
--------------------------------------------------------------------------
 and        135.5  141.5       6.0      19.7    2.01   0.30   0.44    27.5
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-127     31.1   42.0      10.9      35.8    1.28   0.84   0.28    26.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-128     38.4   56.7      18.3      60.0    2.54   0.77   0.79    65.6
--------------------------------------------------------------------------
 including   44.5   52.1       7.6      24.9    5.12   0.98   1.76   142.7
--------------------------------------------------------------------------
 including   45.8   49.5       3.7      12.1    7.99   0.39   3.24   246.1
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-129     81.1   99.0      17.9      58.7    1.10   1.61   0.22    16.1
--------------------------------------------------------------------------
 including   85.8   89.1       3.3      10.8    1.76   2.28   0.37    24.0
--------------------------------------------------------------------------
 and         94.9   98.5       3.6      11.8    2.03   1.83   0.36    29.7
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-130     47.8   56.0       8.2      26.9    4.06   0.99   2.66    94.0
--------------------------------------------------------------------------
 including   48.9   51.9       3.0       9.8    7.83   1.89   6.17   156.0
-------------------------------------------------------------------------- 
--------------------------------------------------------------------------
WK08-131     96.5  119.4      22.9      75.1    1.51   1.80   0.25    26.1
--------------------------------------------------------------------------
 including   99.4  102.0       2.6       8.5    2.91   1.81   0.72    60.7
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-132     50.3   64.1      13.8      45.3    1.96   2.90   0.37    51.0
--------------------------------------------------------------------------
 including   50.3   57.1       6.8      22.3    2.51   3.40   0.44    57.4
--------------------------------------------------------------------------
 and         50.3   52.6       2.3       7.5    4.89   7.47   0.61   122.1
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-133                         Results are pending
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-134     77.9   80.2       2.3       7.5    1.80   0.55   1.92   225.0
--------------------------------------------------------------------------
 and         95.3  106.2      10.9      35.8    2.50   3.42   0.19    38.9
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-135     10.5   11.0       0.5       1.6    4.16   3.29   0.62    60.6
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-136                         Results are pending
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-137     88.0  113.5      25.5      83.7    2.00   3.78   0.44    29.9
--------------------------------------------------------------------------
 including   91.7  106.2      14.5      45.6    2.47   4.25   0.51    36.0
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-138     84.0   99.1      15.1      49.5    1.43   1.30   0.28    22.8
--------------------------------------------------------------------------
 including   93.0   98.2       5.2      17.1    2.04   2.02   0.43    36.2
--------------------------------------------------------------------------
 
--------------------------------------------------------------------------
WK08-139 to 168                  Results are pending
--------------------------------------------------------------------------
 

    


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.

Contacts:
Sherwood Copper Corporation
Stephen P. Quin
Investor Contact
(604) 687-7545

Sherwood Copper Corporation
Neil MacRae
Investor Contact
(604) 687-7545
(604) 689-5041 (FAX)
Website: www.sherwoodcopper.com

Copyright 2008, Market Wire, All rights reserved.

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