Stingray Files Environmental Impact Study for El Pilar Copper Property, Sonora, Mexico

TORONTO, ONTARIO, Jul 13 (MARKET WIRE) --
Stingray Copper Inc. (TSX: SRY)("Stingray" or the "Corporation") is
pleased to announce that it has filed at SEMARNAT (Ministry of
Environment and Natural Resources) the Manifest of Environmental Impact
("MIA") for the Corporation's 100% owned El Pilar oxide copper project in
Sonora, Mexico. As advised by SEMARNAT, the MIA includes as an annex the
Risk Analysis. The Risk Analysis was prepared using internationally
recognized methodologies. Also included in the MIA were the Land Use and
Construction permit from the Santa Cruz, Sonora municipality and the
Archeological Release from the National Institute of Archeology and
History ("INAH"). Last year INAH performed a week long investigation in
the El Pilar area and the immediate region. Based on the positive results
of the Environmental Study and the Risk Analysis, Stingray and their
expert consultant, Patricia Aguayo anticipate the studies being accepted
and approved in the normal course of government review.

The third step in the environmental permitting process, the Change of
Land Use is under preparation and will be filed as soon as the MIA is
approved. By law, SEMARNAT has a maximum of 90 days to approve or respond
to the filing. Otherwise, the MIA is automatically approved.

At the Corporation's recently held Annual General Meeting ("AGM"),
shareholders re-elected management's nominees for the Board of Directors
for the 2010 fiscal year. The following seven directors were elected;
Peter Mordaunt, Steve Brunelle, Michel Blouin, William Faust, Joseph
Keane, Richard McRae and Mackenzie Watson. The Board has reappointed
Peter Mordaunt as Chairman of the Board and CEO, Steve Brunelle as Vice
President and Corporate Secretary, Edward Badida as CFO and Ricardo
Cornejo as VP Operations. In addition, the Board of Directors granted to
employees, officers and directors a total of 700,000 options as per the
terms of the Corporation's Stock Option Plan.

Peter Mordaunt, P.Geo is the Qualified Person responsible for the
technical content of this release.

Stingray Website: www.stingraycopper.com

TSX Symbol: Common Shares - "SRY"

Issued: 58,725,982 common shares

Forward Looking Statements:

Certain statements contained in this news release, including those
regarding production, costs, timing of permitting, construction or
production, future financial or operating performance and other
statements that express management's expectations or estimates of future
performance constitute "forward-looking statements". All statements,
other than statements of historical fact, are forward-looking statements.
Information concerning the interpretation of mineral resource and reserve
estimates and capital cost estimates may also be deemed as
forward-looking statements as such information constitutes a prediction
of what mineralization might be found to be present and how much capital
will be required if and when a project is actually developed.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management, are inherently subject to significant business, economic and
competitive uncertainties and contingencies. The Corporation cautions the
reader that these statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or events
to differ materially from those anticipated in such forward-looking
statements. These risks, uncertainties and other factors include, but are
not limited to: general business and economic conditions; the supply and
demand for, deliveries of, and the level and volatility of prices of
copper as well as petroleum products; the timing of the receipt of
regulatory and governmental approvals for the Corporation's development
project and other operations; the availability of financing for the
Corporation's development project on reasonable terms; Stingray's
estimation of its costs of production, its expected production and its
productivity levels, as well as those of its competitors; power prices;
the ability to procure equipment and operating supplies in sufficient
quantities and on a timely basis; the ability to attract

and retain skilled staff; engineering and construction timetables and
capital costs for Stingray's development project; market competition; the
accuracy of our resource estimate (including, with respect to size, grade
and recoverability) and the geological, operational and price assumptions
on which it is based; tax benefits and tax rates; the Corporation's
ongoing relations with its employees, its business partners and joint
venture partners and the local communities. These forward-looking
statements involve risks and uncertainties relating to, among other
things, changes in commodity prices and, particularly, copper prices,
access to skilled mining development and mill production personnel,
results of exploration and development activities, the Corporation's
limited experience with production and development stage mining
operations, uninsured risks, regulatory changes, defects in title,
availability of materials and equipment, timeliness of government
approvals, actual performance of facilities, equipment and processes
relative to specifications and expectations and unanticipated
environmental impacts on operations. These factors are discussed in
greater detail in the Corporation's most recent Annual Information Form
filed on SEDAR. Other assumptions are also more fully described in the
Study.

The Corporation cautions that the foregoing list of important factors is
not exhaustive. Investors and others who base their decisions on the
Corporation's forward-looking statements should carefully consider the
above factors as well as the uncertainties they represent and the risk
they entail. The Corporation believes that the expectations reflected in
those forward-looking statements are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking statements included in this news release should not be
unduly relied upon. These statements speak only as of the date of this
news release. Actual results and developments are likely to differ, and
may differ materially, from those expressed or implied by the forward-
looking statements contained in this news release. Moreover, these
forward-looking statements may not be suitable for establishing strategic
priorities and objectives, future strategies or actions, financial
objectives and projections other than those mentioned above.

Contacts:
Stingray Copper Inc.
Steve Brunelle
Vice President
(416) 368-6240

Stingray Copper Inc.
Peter Mordaunt
CEO & Chairman
(416) 368-6240

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