September 19, 2007 at 07:00 AM EDT
Sherwood Discovers High Grade at Airstrip & Expands High Grade at Area 2-Area 118, Minto Mine
5.75% Copper over 3.1m (10.3ft) at Airstrip, 3.29% Copper over 7.6m (25ft) at Area 2

Sherwood Copper Corporation (TSX VENTURE: SWC)(TSX VENTURE: SWC.DB) today announced results for a second batch of 21 exploration diamond drill holes from its Phase 2 - 2007 exploration program at the high grade Minto copper-gold mine in the Yukon. Highlights include the discovery of a new area of high grade mineralization at the Airstrip-Copper Keel prospect, expansion of the Area 2 deposit to the southwest and identification of a higher grade core at the recent Area 118 discovery.

The 2007 exploration program is designed to test a number of prospects outside of the main Minto pit, including 'Area 118', 'Ridgetop' and 'Airstrip-Copper Keel', as well as looking to expand the Area 2 resource defined in 2006. The 2007 program has been exceptionally successful, with new zones of high grade mineralization discovered in each of the prospects tested and the mineralization at Area 2 expanded. Highlights of the results are tabulated below, while complete results are attached.


--------------------------------------------------------------------------
                 Inter-                Inter-  Inter-  Cop-
Hole    Target     val   From     To     val     val   per  Gold   Silver
ID                  ID     (m)    (m)     (m)    (ft)   (%) (g/t)    (g/t)
--------------------------------------------------------------------------
07SWC-199 Area-   Area-
           118    118M  161.1  171.8    10.7    35.1  1.78  0.77  pending
--------------------------------------------------------------------------
                 Inclu-
                  ding  161.1  169.3     8.2    26.9  2.15  0.99  pending
--------------------------------------------------------------------------
07SWC-200 Area-   Area-
           118    118M  162.8  175.8    13.0    42.7  1.13  0.36      5.0
--------------------------------------------------------------------------
                 Inclu-
                  ding  162.8  166.8     4.0    13.1  2.44  0.54      9.1
--------------------------------------------------------------------------
07SWC-213  Air-     Un-
         strip   named   99.9  104.0     4.1    13.4  2.79  0.93  pending
--------------------------------------------------------------------------
                   and  186.3  189.4     3.1    10.3  5.75  1.88  pending
--------------------------------------------------------------------------
07SWC-216 Area-  Inter-
             2   val O  199.8  207.5     7.6    25.0  3.29  1.77  pending
--------------------------------------------------------------------------
07SWC-217  Cop-
           per      Un-
          Keel   named   71.2   77.8     6.6    21.8  1.96  1.11      9.9
--------------------------------------------------------------------------

"Sherwood's exploration team continues to deliver successes at our high grade Minto copper-gold mine in the Yukon," said Stephen Quin, President & CEO. "The recent successes at Airstrip and Area 2 add to the previously reported discoveries at Ridgetop and Area 118, making four new discoveries of high grade copper-gold mineralization in 2007. The discovery of a high grade core to the Area 118 mineralization on the Area 2-Area 118 boundary is very encouraging, while the discovery of a new zone of high grade copper-gold mineralization in the Airstrip-Copper Keel area is particularly exciting since it opens up a large area of ground previously thought to have low prospectivity. All of these prospects remain open to expansion and drilling continues."

Phase 2 - 2007 Drill Program

The 2007 Phase 2 drill program continues at a rapid pace, with 73 exploration holes (17,558m) and 10 geotechnical holes (1,406m) completed to date. Assay results are pending for 38 holes already completed and drilling with two rigs is still in progress. The geotechnical holes were additions to the 2007 program and were drilled to assist in the geotechnical optimization of the main Minto pit mine and in the expanded pre-feasibility study incorporating Area 2 resources.

As announced March 5, 2007, the Phase 2 exploration program is the major component of 2007's exploration activities with more than 60 drill holes (for 13,500m) budgeted. This milestone was reached in late August but, based upon positive results, a decision was made to continue drilling until the end of September. Phase 2 concentrated on drill testing multiple targets such as 'Ridgetop', 'Area 118' and 'Airstrip', where 1970's drilling identified copper-gold mineralization with coincident geochemical/geophysical anomalies, but which were not fully evaluated. These prospects are discussed in more detail in the March 5, 2007 news release and are identified on the accompanying maps (Priority Exploration Corridor and Detailed Gradient IP).

To view the Priority Exploration Corridor map click on the following link:

http://www.ccnmatthews.com/docs/pec0919.jpg

To view the Detailed Gradient IP map click on the following link:

http://www.ccnmatthews.com/docs/dgi0919.jpg

This release includes exploration results for Area 2 (7 holes), Area 118 (8 holes), Airstrip SW (2 holes), Copper Keel S (1 hole), and IROD (4 holes). In addition to exploration drilling, four geotechnical holes were also completed as part of the Area 2 Pre-feasibility study. Follow this link to current drill hole locations discussed in this news release (Drill Hole location map).

To view the Drill Hole location map click on the following link:

http://www.ccnmatthews.com/docs/dhlm0919.jpg

Drilling to date shows that Area 2 is partially open in the southwest at shallow levels and is wide open on deeper levels. At Area 118, immediately adjacent to the Area 2 deposit, wide spaced drilling continues to delineate an aerially extensive mineralized system but more importantly has now identified a higher grade core area. In August, drilling at 'Airstrip SW' and adjacent 'Copper Keel S' prospects discovered a new high grade system including a totally new style of copper-gold rich mineralization, as discussed below.

Airstrip SW - Copper Keel

Initially this prospect was thought to comprise two separate targets but now appears to be one system that is cut by late, post mineral fault(s). Initially six drill holes were planned to test a broad, double lobed, gradient IP chargeability anomaly more that 600m wide in the east-west direction and open to the south, trending off the 2006 survey grid. The survey has since been expanded to the south to encompass a larger area. To date, Sherwood has drilled 10 holes in this prospect but assays are only available for three. The results of these holes show a layered, stacked system of foliated (favourable host) and massive granodiorite, typical of the Minto project, but a new style of copper sulphide mineralization has also been identified.

Drill holes 07SWC-213 & -215 on the east flank (Airstrip SW) of this combined geophysical anomaly intersected Cretaceous age conglomerate down to 87m and 51m below surface, respectively. The conglomerate is unconformably overlying favourable host rocks and itself contains abundant cobbles and boulders of foliated granodiorite, including some mineralized material. This relationship gives an approximate upper age to the mineralization. The conglomerate was not intersected on the west side (Copper Keel) of the combined Airstrip SW - Copper Keel S chargeability anomalies and is presumed to be eroded away.

Two markedly different styles of copper mineralization were intersected in drilling at Airstrip SW-Copper Keel. One is the chalcopyrite-bornite-magnetite-gold mineralization typically found throughout the Minto project. The second type is coarse grained chalcocite-gold (+/- native copper) associated with mixed iron oxides including specular hematite and earthy hematite, with the latter sometimes replacing or inter-grown with magnetite. The chalcocite-rich material is found nearer the unconformity with the conglomerate, while the more typical 'Minto-style' of mineralization is deeper down. Situated in between the two relative elevations and contrasting styles of mineralization are widespread disseminations of native copper and occasionally coarser grained native copper nuggets in veins, hosted in fresh, apparently unaltered, rock.

While chalcocite is locally present elsewhere on the Minto Property, it always appears to occur as secondary replacement mineral resulting from surface oxidation and typically rimming the primary copper sulphide minerals chalcopyrite and bornite. At the Airstrip and Copper Keel prospects, the chalcocite appears to be primary in nature: it is very coarse grained blebs to massive irregular stringers and is not associated with significant amounts of other secondary copper minerals, such as malachite and azurite, which is typical of secondary enrichment zones elsewhere on the property. The presence of chalcocite could be significant from two aspects: since chalcocite is nearly 80 weight percent copper it can make a very high grade copper concentrate and, if it does prove to be primary in nature, it has genetic implications that support an "Iron Oxide Copper Gold" deposition model for the Minto ore bodies. This could open up further areas for exploration not previously considered.

In 07SWC-213 the regular chalcopyrite dominated mineralization, starting at 186.3m down the hole, graded 5.75% Cu and 1.88g/t Au over 3.1 metres and the chalcocite dominated mineralization, starting only 99.9m down the hole, graded 2.79% Cu & 0.93g/t Au over 4.2 metres. In 07SWC-217 this chalcocite mineralization was just 71.2m down the hole, just beneath overburden, where a 6.6m interval graded 1.96% Cu and 1.1g/t Au.

Area 2

Exploration drilling at Area 2 in 2007 concentrated on testing (1) the north perimeter of the deposit for potential expansion at shallow depths and (2) the west perimeter for expansion of both shallow and moderately deep horizons.

Holes 07SWC-205; -208 and 211 tested the north perimeter; and assays for 07SWC-205 & -208 indicate that significant grade mineralization is petering out in that direction. Weak mineralization was encountered in both holes, but is complicated by post-mineral faults. Assay data is still pending for 07SWC-211.

Drilling on the west and southwest perimeter of Area 2 was successful, with hole 07SWC-214 intersecting 9.5 metres grading 1.75% copper and 0.60g/t gold, including 6.0 metres of 2.04% copper and 0.54 g/t gold. Even more encouraging is hole 07SWC-216, which stepped out 30+ metres west of two previous holes; Sherwood Copper hole 06SWC-127 and ASARCO hole A91-74. Hole 07SWC-216 intersected high grade mineralization, grading 3.29% Cu and 1.77 g/t Au over 7.6 metres. It is now clear that the two previous holes in this region were not deep enough to intersect this horizon, which opens up possibilities for further infill, as well as step out, potential. More diamond drilling is planned for this region.

Area 118

Continuing to the southwest, drilling to date on the Area 118 prospect totals 22 exploration holes and more holes are planned. As previously reported Area 118 is a large system, measuring more than 500m by 200m in aerial extent, and is located immediately adjacent to Area 2 on its southwest margin. Prior to Sherwood Copper, only two holes were ever drilled in this area. Both suggested that the mineralization discovered and tested by Sherwood Copper last year at Area 2 was also present at Area 118.

Drilling at Area 118 is targeted on a persistent, north-dipping horizon, provisionally named Area 118M. It is situated between 160m to 215m below surface in the area tested and drilling typically intersects one or more additional mineralized intervals above the principal horizon, including some very thick intersections of nearer surface but generally more moderate grade mineralization. The Area 118 system has been traced up to the southwest margin of Area 2, where Sherwood's original geologic model suggested that Area 2 and Area 118 are parts of the same system, separated by either a fault or an open fold hinge. Preliminary interpretations of drilling to date now favours a fault model in which the Area 118 mineralization is equivalent to the deeper Area 2 horizons that are now faulted upward and juxtaposed against upper Area 2 mineralization.

Drilling to date at Area 118 is very wide spaced, varying from approximately 60-80m centres. Most Area 118 holes, up to and including hole 07SWC-193, concentrated on outlining the west and north perimeters of mineralization, while holes 07SWC-199 and -200 targeted southern areas. Located southwest of ASARCO drill hole A139-74, these latter two holes indicate the presence of higher grade mineralization in that area. Hole 07SWC-199 intersected 10.7m of 1.78% copper and 0.77g/t gold, including 8.2m of excellent grade material at 2.15% copper and 0.99g/t gold. Hole 07SWC-200 intersected 13.0m of 1.13% copper and 0.36g/t gold, including 4.0m of 2.44% copper and 0.54 g/t gold. Based upon these encouraging results, a fence of drill holes was placed 60m to the west of the above mentioned holes and assay results are pending. Holes 07SWC-202 and -204, located approximately 100m to the northeast and southeast respectively of 07SWC-199, both intersected wide intervals of the principal target horizon including more than 10m of good grade material in the 1% copper range (see results table below) indicating excellent infill potential in those directions.

IROD

Four holes were drilled at IROD to test a high amplitude IP chargeability anomaly where there was no other data available. While multiple thick intersections of foliated granodiorite were intersected, no significant copper - gold mineralization was encountered. Trace amounts of chalcopyrite and pyrite were noted in drill core but are deemed insufficient to explain the Gradient IP anomaly. The implications for this area will be considered over the winter.

Minto Project

The Minto Project is a high-grade copper-gold deposit located in the Yukon Territory of Canada. The mine development is complete and first concentrates were produced at the end of May, 2007. Commissioning and production ramp up is underway and full production is anticipated by the end of the third quarter of 2007.

Sherwood

Sherwood's successful consolidation of the ownership of the Minto Project provides a unique investment opportunity - participation in a high-grade, open pit copper-gold mine located in Canada with tremendous exploration potential on the property.

Quality Assurance

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Stephen P. Quin, P. Geo., President & CEO for Sherwood Copper Corporation. The exploration activities at the Minto project site are carried out under the supervision of Brad Mercer, P. Geol., Exploration Manager with Sherwood.

The analytical method for the copper, gold and silver analyses is multistage acid digestion of the samples followed by atomic absorption spectroscopy for copper and fire assay with atomic absorption spectroscopy finish for gold and silver carried out by ALS Chemex in North Vancouver. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and screen metallic assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database for resource calculations. Blank and standard samples are used for quality assurance and quality control, and any check samples that assay outside the expected ranges results in the entire batch being re-assayed. After the completion of planned drill programs at Minto, random check assays will be carried out by Acme Analytical of Vancouver.

Assay intervals reported herein are drill core lengths unless otherwise stated. Because the deposit is essentially flat lying and most drill holes reported to date are vertical, true widths are generally expected to be the same as reported core lengths.

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

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.


                          Details of Drill Results
                          ------------------------
   To accompany Sherwood Copper News Release Dated September 19, 2007

---------------------------------------------------------------------------
Hole       Inter-                Inter-  Inter-
ID &         val   From     To     val     val   Copper     Gold    Silver
Target        ID     (m)    (m)     (m)    (ft)      (%)    (g/t)     (g/t)
---------------------------------------------------------------------------
07SWC-192  Inter-
           val L   60.8   64.8     4.1    13.4     1.08     0.08       2.1
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-193          36.4   57.4    21.0    68.9     0.88     0.08       1.1
---------------------------------------------------------------------------
"Area 118" Inclu-
            ding   36.4   39.8     3.4    11.2     2.84     0.04       2.4
---------------------------------------------------------------------------
            Area-
            118M  167.8  179.8    12.0    39.4     0.65     0.11       2.1
---------------------------------------------------------------------------
                  257.9  261.1     3.2    10.5     1.43     0.58      11.8
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-194          70.9   92.2    21.3    69.9     0.43     0.07       1.3
---------------------------------------------------------------------------
"Area 118"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-195          13.9   16.4     2.5     8.2     1.03     0.44   pending
---------------------------------------------------------------------------
"Area 118"         85.7   94.1     8.4    27.6     0.54     0.09       3.5
---------------------------------------------------------------------------
                  145.6  151.3     5.7    18.7     0.51     0.00       3.2
---------------------------------------------------------------------------


---------------------------------------------------------------------------
07SWC-196    Geo-
            tech-
           nical                           ASSAYS PENDING
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-197    Geo-
            tech-          Sample collected for Bond Work Index Testing -
           nical                         Area 2 Pre-feasibility
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-198    Geo-
            tech-          Sample collected for Bond Work Index Testing -
           nical                         Area 2 Pre-feasibility
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-199   Area-
            118M  161.1  171.8    10.7    35.1     1.78     0.77   pending
---------------------------------------------------------------------------
"Area 118" Inclu-
            ding  161.1  169.3     8.2    26.9     2.15     0.99   pending
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-200          96.1  102.7     6.6    21.7     0.75     0.10       2.4
---------------------------------------------------------------------------
"Area 118"  Area-
            118M  162.8  175.8    13.0    42.7     1.13     0.36       5.0
---------------------------------------------------------------------------
           Inclu-
            ding  162.8  166.8     4.0    13.1     2.44     0.54       9.1
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-201    Geo-
            tech-
           nical                           ASSAYS PENDING
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-202            6.1  11.0     4.9    16.1     0.89     0.09       2.9
---------------------------------------------------------------------------
"Area 118" Inclu-
            ding     6.1   9.1     3.0     9.8     1.19     0.12       4.0
---------------------------------------------------------------------------
                    55.2  71.5    16.3    53.5     0.68     0.15       1.8
---------------------------------------------------------------------------
           Inclu-
            ding    55.2  62.7     7.5    24.6     0.96     0.17       2.3
---------------------------------------------------------------------------
            Area-
            118M   172.5 187.7    15.2    49.9     0.97     0.26       3.8
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-203   Area-
            118M   181.8 195.6    13.8    45.2     0.48     0.13       1.8
---------------------------------------------------------------------------
"Area 118"         211.1 217.6     6.5    21.2     0.62     0.11       1.7
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-204   Area-
            118M   157.7 174.2    16.6    54.4     0.70     0.18       1.8
---------------------------------------------------------------------------
"Area 118" Inclu-
            ding   162.2 169.7     7.5    24.6     0.97     0.27       2.1
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-205           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-206           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-207           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"IROD"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-208           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-209           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"IROD"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-210           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"IROD"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-211                                  ASSAYS PENDING
---------------------------------------------------------------------------
"Area 2"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-212           Geochemically anomalous - no significant intersections
---------------------------------------------------------------------------
"IROD"
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-213           99.9 104.0     4.1    13.4     2.79     0.93   pending
---------------------------------------------------------------------------
"Airstrip
 SW"               164.0 177.9    13.9    45.7     0.50     0.08   pending
---------------------------------------------------------------------------
                   186.3 189.4     3.1    10.3     5.75     1.88   pending
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-214          143.3 152.8     9.5    31.2     1.75     0.60   pending
---------------------------------------------------------------------------
"Area 2"   Inclu-
            ding   146.3 152.3     6.0    19.7     2.02     0.71   pending
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-215          176.7 182.6     6.0    19.6     1.00     0.13   pending
---------------------------------------------------------------------------
"Airstrip
 SW"               201.0 207.6     6.7    21.8     0.83     0.23   pending
---------------------------------------------------------------------------
                   226.5 230.0     3.5    11.5     0.55     0.19   pending
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-216           33.0  37.5     4.5    14.6     0.94     0.10       1.4
---------------------------------------------------------------------------
"Area 2"            50.3  54.3     4.0    13.1     1.16     0.20       4.3
---------------------------------------------------------------------------
                   199.8 207.5     7.6    25.0     3.29     1.77   pending
---------------------------------------------------------------------------
           Inclu-
            ding   199.8 204.3     4.5    14.8     4.20     2.25   pending
---------------------------------------------------------------------------
                   219.4 226.1     6.7    22.0     0.50     0.08   pending
---------------------------------------------------------------------------
                   252.9 258.2     5.4    17.6     1.20     0.54   pending
---------------------------------------------------------------------------
                   294.1 316.8    22.7    74.4     0.83     0.22   pending
---------------------------------------------------------------------------
           Inclu-
            ding   306.1 315.1     9.0    29.5     1.32     0.44   pending
---------------------------------------------------------------------------

---------------------------------------------------------------------------
07SWC-217           71.2  77.8     6.6    21.8     1.96     1.11       9.9
---------------------------------------------------------------------------
"Copper    Inclu-
 Keel S"    ding    74.7  77.8     3.1    10.2     2.65     1.70      10.9
---------------------------------------------------------------------------


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.


Contacts:
Sherwood Copper Corporation
Stephen Quin
President
(604) 687-7545 or 1-888-338-2200

Sherwood Copper Corporation
Brad Kopp
(604) 687-7545 or 1-888-338-2200

Sherwood Copper Corporation
Kristy Reynolds
(604) 687-7545 or 1-888-338-2200
(604) 689-5041 (FAX)
Website: www.sherwoodcopper.com

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