Director/PDMR Shareholding

Immediate Release                                                3 October 2006

                         COPPER RESOURCES CORPORATION                          

                            REGULATORY ANNOUNCEMENT                            

                               ISSUE OF OPTIONS                                

LONDON, United Kingdom - 3 October 2006

Copper Resources Corporation (AIM: CRC.L) ("CRC", "the Company") announces that
on 2nd October 2006 the Remuneration Committee of the board approved the grant
to directors and management of 7,500,000 options to subscribe to common shares
of the Company at an exercise price of £1.00, with the options being
exercisable at any time up to and including 2nd October 2011. The granting of
options is as follows:

--1,000,000 to SE Jonah, Non-Executive Chairman

--1,500,000 to M Alland, Executive Vice Chairman

--1,000,000 to G Arthur Forrest, Non-Executive Vice Chairman

--1,500,000 to C Jordinson, Chief Executive Officer and Director

--1,000,000 to M Anastassiou, Director

--1,000,000 to G Andrew Forrest, Director

--350,000 to R Marshall, Director

--150,000 to M Gordon, Chief Geologist


---END---


   Copper Resources     Nabarro Wells &       Hanson               GTH         
      Corporation             Co.            Westhouse        Communications   
                                                                               
    Mitchell Alland      Jonathan Naess  Richard Morrison       Toby Hall      
Executive Vice Chairman                                                        
                                                                               
        +44 (0)             +44 (0)           +44(0)             +44 (0)       
     78 7569 5563         20 7710 7400     20 7601 6100        20 7153 8035