Further re Offer

For immediate release

Stock Exchange Announcement

7 December 2007

                             COPPER RESOURCES CORP                             

                               Further re Offer                                

The Board of Copper Resources Corp ("CRC") notes that the offer by Metorex has
now formally been made.

Due to the fact that currently all the Directors of Copper Resources are
connected with the Forrest Group, which has agreed to sell its holding in CRC
to Metorex, they are unable to give independent guidance to shareholders of CRC
as to what action they should take in relation to the offer.

Shareholders of CRC are referred to Metorex's two announcements of 6th December
2007, whereby it was stated that offer document together with the prospectus
has now been posted to CRC shareholders, and that copies of the offer document
have been submitted to the UK Listing Authority and are available for
inspection at the UK Listing Authority's Document Viewing Facility at Financial
Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS.

Under the terms of the offer, CRC Shareholders will be entitled to receive 0.73
of a New Metorex Share for each CRC share, or may elect to receive cash instead
of New Metorex Shares in respect of some or all of their CRC shares. The cash
alternative will be 125.1 pence in cash for each CRC share. The offer will
initially be open for acceptance until 15h00 (GMT) on 28 December 2007.

Enquiries:

   Copper Resources    Nabarro Wells &    Fox-Davies            GTH         
     Corporation         Co. Limited    Capital Limited                     
                                                           Communications   
                                                                            
      Jeff Carel          Hugh Oram      Richard Hail        Toby Hall      
                                                                            
       +27 (11)            +44 (0)      [phone]       +44 (0)       
                                             5200                           
       803 1073          20 7710 7400                       20 7153 8035