CCY

Trading Symbol: CCY

VANCOUVER, Sept. 29 /PRNewswire-FirstCall/ - Catalyst Copper Corp. (the "Company" or "Catalyst) today announced the results for the first five drill holes of its 2010 10,000 meter drill program on the La Verde copper porphyry prospect located in Michoacan State, Mexico. Highlights include 0.42% Cu over 634.8 meters, 0.41% Cu over 550.1 meters and 0.50% Cu, 0.048 g/t Au over 253.0 meters. Selected intervals are shown in Table 1 although the true width is still unknown at this time.

Two known mineralised zones have been identified at La Verde and are referred to as East Hill and West Hill zones which host identified copper mineralisation. Prior to this year 80,000 meters of drilling had been completed at La Verde. Several mineral resource estimates had been generated based on these historical drill results, but are not compliant with current CIMM and NI 43-101 guidelines. The last publicly released historic mineral resource of 72.6 million tonnes at an average grade of 0.7% copper was completed in 1972 and included both East and West Hill zones.

"We are very pleased with these assay results" says Catalyst Copper's VP of Exploration, Terence Hodson. "They have confirmed the historical drill results and presence of copper-gold mineralisation at La Verde. Based on these results, and the expected results from the holes in progress, we are confident we will be able to produce a NI 43-101 compliant resource by the end of the year."

The Company has completed 9200 meters in 14 drill holes to date. As a result of the encouraging results received the Company is extending the current drill program by an additional 2,000 meters for a total of 12,000 meters. All analytical work has been carried out by Acme Labs of Vancouver.

                                   Table I

                                   La Verde

    Dhid        Location       From(m)    To(m)   Length(m)     Cu%   Au g/t
    -------------------------------------------------------------------------

    V-012T     East Hill          13.2     253.0      239.8    0.50    0.048
    V-012T                 incl. 152.0     201.1       49.1    1.17    0.112

    V-014T     East Hill           9.0     165.4      156.4    0.36    0.165
                           incl.   9.0      53.0       44.0    0.47    0.362

    V-076T     East Hill           0.0      94.0       94.0    0.39    0.096

    V-019T     West Hill          90.8     640.9      550.1    0.41    0.008
                           incl. 143.6     162.2       19.6    1.16    0.006
                                 214.5     252.2       37.7    0.78    0.050
                                 411.6     536.0      124.4    0.64    0.004

    V-021T     West Hill          19.3     654.0      634.8    0.42    0.003
                           incl. 209.0     267.0       58.0    0.63    0.003
                                 477.2     606.7      129.5    0.91    0.002

Geophysics

To date 125 line kilometres of multiseparation Induced Polarization (IP) surveying has been completed. A strong consistent IP (chargeability) target has been discovered about four kilometres south of known East and West Hill mineralised zones which have shown a strong correlation between copper mineralisation and IP. Based on inversion work, the new IP target is modeled at a depth to top of 150 meters to 200 meters, has chargeabilites of greater than 30 mv/V, width of roughly 400 meters, and strike length of 2 kilometres. Older, shallow IP suggests further extension to the west.

This anomaly represents an excellent drill target and plans are being made to construct a drill pad and move one of the drill rigs to test this anomaly prior to completion of this year's drill program.

Catalyst Copper is a Vancouver-based publicly traded mine development company (TSX-V: CCY) that optioned the La Verde copper porphyry project in Michoacan State, Mexico from a subsidiary of Teck Resources Limited (see December 8, 2009 news release for complete option details).

                   ON BEHALF OF THE BOARD OF DIRECTORS OF
                            CATALYST COPPER CORP.

                         "Terence W. Hodson, P. Geo"

                     TERENCE W. HODSON, V.P. EXPLORATION

T.W. Hodson is the qualified person as defined by National Instrument 43-101, and has reviewed the technical disclosure contained herein and accepts responsibility for such disclosure.

Reference may be made in this press release to historic minerals resource estimates. None of these are NI43-101 compliant and a qualified person has not done sufficient work to classify these historic estimates a current mineral resource. They should not be relied upon and Catalyst does not treat them as current mineral resources.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, risks associated with mineral exploration and mining activities, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Catalyst Copper Corp.