Lundin Mining Announces Further High-Grade Copper Results

Lundin Mining Corporation is pleased to announce further high-grade copper intersections at its recently discovered Semblana copper-rich massive sulphide deposit located adjacent to its 100% owned Neves-Corvo mine in soutghana gold mine for salehern Portugal.

Seven additional drill holes have been completed since the discovery news release and base metal assays for three of these holes have been received. Significant intersections from the three assayed holes include:

20 metres at 3.47% copper (including 7 metres at 5.48% copper) in hole PSK48;
39 metres at 2.59% copper (including 11 metres at 7.02% copper) in hole PSK48-1; and
13 metres at 4.14% copper in hole PSK50-2.
Surface exploration drilling has continued to intercept a thick massive sulphide lens underlain by extensive stockwork sulphides, now delineated over an area exceeding 800 x 300 metres. The sulphide deposit is currently constrained by only one hole on the western side, three widely spaced holes on the eastern side and is completely open to the north and south.

Neil O'Brien, Senior Vice President of Exploration and New Business Development for Lundin Mining commented, "Our drilling has now intersected strong sulphide mineralization in 16 holes, six of which contain very significant copper mineralization.

"While we have lots of drilling yet to do, Semblana is growing into the type of high-grade resource that can significantly contribute to future copper production.

"Combined with the current copper resources and nearly 100 million tonnes of zinc resources, the future of Neves Corvo as a leading, long-life copper-zinc producer looks very good," Dr. O'Brien said.

(Note: as disclosed in August 31, 2010 news release, as of June 30, 2010 total zinc resources at Neves Corvo were 58,047,000 tonnes grading 6.2% zinc in the Measured category, 13,929,000 tonnes grading 6.9% zinc in the Indicated category and 26,791,000 tonnes grading 4.9% zinc in the Inferred category)