ROSEMONT RANCH

Augusta Resource Corp. announced an update for the environmental permit process for ROSEMONT RANCH, located in USA.

Augusta Resource Corporation announced that U.S. Forest Service as advanced Rosemont Copper’s draft Environment Impact Statement to the final internal review and printing stage and expects issuance to the public in mid-October.

Augusta Resource Corporation announced that its wholly-owned subsidiary, Rosemont Copper Company, entered into an Earn-In Agreement with a Korean consortium, the members of which are Korea Resources Corporation (“KORES”) and LG International Corp. (“LGI”), whereby KORES/LGI shall acquire a 20% joint venture interest in the Rosemont copper molybdenum project in Pima County, Arizona, USA in consideration for funding US$176,000,000 of the project expenses.