First Copper Cathodes at the Carlota Project

VANCOUVER, BC - Quadra Mining Ltd. reported the first production of cathode copper at its second copper mine in the south west U.S., the Carlota project in Globe/Miami, Arizona. The commencement of operations at the SX-EW facility marks the completion of the construction/development phase of the project and the operations team will now focus on ramping up production.
All copper produced at Carlota will be sold under off-take agreements, with pricing based on COMEX.
Paul Blythe, President & CEO, comments, "With the successful start-up of the SX-EW facility and the first harvest of copper cathode, Quadra has completed the development phase of the Carlota copper project and is now officially in production. We are now focused on maximizing the operating efficiencies of the plant. As previously announced, cathode copper production is expected to be approximately 50 million pounds in 2009 due to the lower head grades as per the mine plan and to rise to the nameplate annual production rate of 70 - 75 million pounds in 2010."
Paul Blythe concludes, "We are very pleased with the way this project has been developed. Despite the many challenges that faced the industry during the past couple of years with higher cost inputs and lower available equipment and people, an outstanding management team have brought this mine - our second operation in the south west U.S. - into production on schedule and on budget."
The company's address is Suite 2000, 1177 West Hastings Street, Vancouver, BC V6E 2K3, 604-689-8550, fax: 604-689-8556.