SWC Sherwood Copper Com Npv

Sherwood Copper Corporation (TSX VENTURE:SWC)(TSX VENTURE:SWC.DB) and its 93%
owned subsidiary, Western Keltic Mines Inc. (TSX VENTURE:WKM), today announced
the start of a major drill program on Western Keltic's Kutcho copper-zinc
project in Northwest British Columbia. The objectives for this drill program
include (a) better definition of the higher grade, shallower mineral resources
to support a feasibility study that will focus on higher grades in the early
years of a proposed open pit mining operation and (b) collection of samples for
feasibility level metallurgical test work of a simplified, lower cost,
conventional flotation recovery circuit.


"Less than a month from assuming management and control of Western Keltic, we
have two drills on site and drilling has commenced," said Stephen Quin,
President & CEO of Sherwood Copper and Western Keltic. "We aim to rapidly push
the re-scoping and redesign of the Kutcho Copper Project to demonstrate robust
project economics that could justify the development of a profitable mine. In
parallel with the current drill program we are working with our consultants to
scope out a smaller, higher grade mining operation that can be developed faster
and at a lower capital cost than previously proposed, using an approach more
akin to our successful development of our high grade Minto copper-gold mine in
the Yukon."


Kutcho Copper Project

Western Keltic's Kutcho Copper Project hosts three known polymetallic base metal
volcanogenic massive sulphide ("VMS") deposits. The combined National Instrument
43-101 compliant (Measured & Indicated categories) mineral resource was reported
to total 17.69 million tonnes grading 1.71% copper, 2.36% zinc, 27.5g/t silver
and 0.34g/t gold (see Western Keltic news release dated June 25, 2007 for
additional details and disclosure). The bulk of this resource is contained in
the partially outcropping Main Deposit, which contains 15.65 million tonnes
grading 1.65% copper, 2.15% zinc, 26.1g/t silver and 0.32g/t gold in the
Measured & Indicated categories. The Main Deposit resource at Kutcho is
comparable to the Measured and Indicated resource at Sherwood's Minto Mine,
which totalled 16.56 million tonnes grading 1.54% copper, 0.56g/t gold and
6.0g/t silver (see Sherwood news release dated December 12, 2007 for additional
details and disclosure), based on drilling to the end of 2006.


Sherwood, through Western Keltic, is actively re-evaluating and re-scoping the
Kutcho Project with the objective of repeating Sherwood's development and
operating successes at the Minto Mine at the newly acquired Kutcho Project.
Sherwood is working to redesign and optimize the previous owner's development
plan into a more robust combination of a high grade open pit mine with a
fit-for-purpose mill and infrastructure, while minimizing capital and operating
costs and the development timeline, resulting in a more robust project able to
take advantage of the current commodity cycle. 


Sherwood's consultants, SRK Consulting (Canada) Inc. are preparing a Preliminary
Economic Assessment (PEA) on the redesigned and re-scoped Kutcho project, which
should be complete by mid-2008. As with Sherwood's prior rapid advancement of
its Minto project to production, Western Keltic's new management aims to run
multiple activities in parallel in order to reduce the total time to commercial
production. Hence the drill program to support feasibility related activities
has been commenced prior to the completion of the PEA. Sherwood will continue to
look for avenues to accelerate the development of the Kutcho project into an
operating mine, to the benefit of all stakeholders.


2008 Drill Program

Over the next three months, Western Keltic plans to drill a minimum of 12,000m
of HQ and NQ core utilizing two drills. The principal objectives of the drill
program are to:


- Infill gaps in previous resource drilling programs;

- Better define and test higher grade trends for expansion within the Main Deposit;

- Demonstrate grade continuity in order to support a better resource classification;

- Provide material for extensive metallurgical testing that will relate to a
revamped mine plan;


- Provide geotechnical and hydrogeological information for open pit design and
for assessment of infrastructure locations;


- Provide information to support project permitting activities and to develop a
mine closure plan.


Western Keltic Board and Officer Changes

Following Sherwood's acquisition of 93% of Western Keltic, the board of
directors of Western Keltic was reconstituted to comprise Stephen P. Quin,
President & CEO of Sherwood Copper, D. Bruce McLeod, Executive Chairman of
Sherwood Copper and John Hick, an independent director continuing from the prior
board. As previously announced in a March 10, 2008 press release, the new board
either terminated the employment or accepted the resignation of all Western
Keltic's officers and appointed Stephen P. Quin as President, Richard Godfrey as
Chief Financial Officer and Brenda Nowak as Corporate Secretary.


About Sherwood Copper

Sherwood Copper's current focus is profitable production of base and precious
metals from high grade, open pit mines in Canada. Sherwood's first operating
mine, 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 expanding the
resource and reserve base, potentially leading to further production increases.
To further accelerate its production growth, Sherwood intends to pursue merger &
acquisition opportunities that fit its business model and, in March 2008,
Sherwood acquired more than 93% ownership in Western Keltic Mines, owner of the
high-grade Kutcho copper-zinc-gold-silver deposit in northwestern British
Columbia. Sherwood aims to repeat its successful development of the Minto Mine
at the Kutcho project.


Additional Information

Additional information on Sherwood and its Minto Project 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

On behalf of the board of directors

WESTERN KELTIC MINES INC.

Stephen P. Quin, President

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 form 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.

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