Augusta Closes Agreement with Red Kite

Augusta Closes $43 Million Loan Facility and Copper Off-take Agreement with Red Kite

Vancouver, BC, April 23, 2010 - Augusta Resource Corporation (TSX/NYSE Amex: AZC) (“Augusta” or “the Company”) is pleased to announce the closing of the senior secured loan agreement and copper concentrate off-take agreement with Red Kite Explorer Trust (“Red Kite”).

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