- YEAR-TO-DATE ORE PRODUCTION UP 78% - DEVELOPMENT AT CORNER BAY REACHES 105-METRE LEVEL - CREDIT FACILITY WITH NUINSCO INCREASED MONTREAL, July 15 /PRNewswire-FirstCall/ -- Campbell Resources Inc. ("Campbell", the "Company")(TSX: CCH, OTC Bulletin Board: CBLRF) today provided an update of its operations for the second quarter ended June 30, 2008. During the quarter, the Company increased its ore production by approximately 36% compared to the second quarter of fiscal 2007. In the second quarter Campbell's ore production reached 71,673 tons, up from 52,739 tons during the same period in the previous year. For the first six months of fiscal 2008, Campbell's ore production reached 163,193 tons, up from 91,526 tons in the corresponding period in 2007, an increase of approximately 78%. "To date, results from the Corner Bay property have been extremely encouraging," said Andre Fortier, Campbell's President and Chief Executive Officer. "At the end of June we reached the 105-metre level and have now begun to extract ore at what should be a highly productive mining ground. Output will continue to increase at Corner Bay in the months ahead, and we anticipate that this project will reach the break-even point within the next few months." For the second quarter ended June 30, 2008, Campbell produced 37,303 tons of ore at Copper Rand, yielding 1,199 ounces of gold and 1,025,137 pounds of copper. At Merrill Pit, 24,375 tons of ore were produced, yielding 144 ounces of gold and 198,814 pounds of copper. At Corner Bay, 9,995 tons of ore were produced, yielding 556,768 pounds of copper. In the second quarter of fiscal 2007, Campbell produced 24,656 tons of ore at Copper Rand, yielding 969 ounces of gold and 922,132 pounds of copper. At the Joe Mann mine, 28,083 tons of ore were produced, yielding 3,952 ounces of gold and 122,065 pounds of copper. In September 2007, operations at Joe Mann were halted and the mine was placed on care and maintenance. Production at Merrill Pit did not begin until October 2007. Full financial results for Campbell's second quarter and first six months of fiscal 2008 will be released during the week of August 4, 2008. Campbell also announced today that it has increased its secured revolving credit facility with Nuinsco Resources Limited ("Nuinsco") from a maximum aggregate amount of CDN$1,500,000 to a maximum aggregate amount of CDN$5,000,000. This facility amends the original agreement of December 6, 2007. The credit facility with Nuinsco bears interest, payable quarterly, at the rate of 12% per annum and is secured, as applicable, by a second and third ranking immovable and movable hypothec on all present and future assets of Campbell and its subsidiary Ressources MSV 2007 Inc. ("MSV 2007"). The principal amount outstanding together with interest accrued thereon shall be payable on demand out of the first cash flows generated from the Corner Bay mine. The credit facility will be available as required to advance the development and exploration program at the Corner Bay property. About Campbell Resources Campbell Resources Inc. concentrates on the development and exploitation of copper and gold mining properties in the Chibougamau region of Quebec. The geographical grouping of its operations allows Campbell to realize economies of scale and to focus development within access to existing infrastructures. Campbell's main operations include the Copper Rand and Merrill mines, the Corner Bay property and the Copper Rand mill. Campbell's headquarters are located in Montreal, Quebec. Certain information contained in this release may contain "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks, assumptions and uncertainties, including those "Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F for the year ended December 31, 2007, which may cause actual future results to differ materially from those expressed or implied in any forward-looking statement. Such factors include, but are not limited to: differences between estimated and actual mineral reserves and resources; changes to exploration, development and mining plans due to prudent reaction of management to ongoing exploration results, engineering and financial concerns; and fluctuations in the gold and copper prices which affect the profitability and mineral reserves and resources of Campbell. The key assumptions underlying the forward-looking statements contained in this release are that the gold and copper prices remain equal to or above the prices disclosed herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Forward-looking statements are expressly qualified in their entirety by this cautionary statement. DATASOURCE: CAMPBELL RESOURCES INC. CONTACT: Campbell Resources Inc.: Andre Fortier, President and Chief Executive Officer, (514) 875-9037, Fax: (514) 875-9764, ; Renmark Financial Communications Inc.: Henri Perron, ; Eric St-Pierre, ; (514) 939-3989, Fax: (514) 939-3717; http://www.renmarkfinancial.com/

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