Exercise of Stock Option

6th March 2006

                              EXERCISE OF OPTIONS                              

                     COPPER RESOURCES CORPORATION ("CRC")                      

Options over 200,000 common shares of no par value in Copper Resources have
been exercised at an option price of US $0.25 per share. Application will be
made for the common shares to be admitted to trading on AIM.

 Copper Resources   Nabarro Wells &       Westhouse             GTH        
   Corporation            Co.                                              
                                          Securities       Communications  
                                                                           
 Mitchell Alland      Keith Smith      Richard Morrison      Toby Hall     
                                                                           
  Executive Vice                                                           
     Chairman                                                              
                                                                           
     +44 (0)            +44 (0)             +44(0)            +44 (0)      
                                                                           
   77 4801 8690       20 7710 7400       20 7601 6100       20 7153 8035