Directorate Change

Copper Resources Corporation
23 May 2005





23rd May 2005



                          COPPER RESOURCES CORPORATION

                            ('CRC' or 'the Company')


             COPPER RESOURCES ANNOUNCES APPOINTMENT OF SIR SAM JONAH 
                            AS NON-EXECUTIVE CHAIRMAN



Copper Resources Corporation (AIM: 'CRC', the 'Company'), whose principal asset
is the Hinoba-an Copper Project in the Philippines, is pleased to announce the
appointment of Sir Sam Jonah as a non-executive Chairman of the Company.

Mr. Mitchell Alland, currently Executive Chairman of the Company, will assume
the position of Executive Vice Chairman.

Sir Sam Jonah is president of AngloGold Ashanti Limited, a NYSE listed company
(Symbol: 'AU') which is one of the world's largest gold companies with a market
capitalization of more than US$8.5 billion.  Prior thereto, he was appointed to
the position of chief executive officer of Ashanti Goldfields Company Limited in
1986 and oversaw its growth and listing as the first operating Sub-Saharan
African company on the NYSE. He became president of AngloGold Ashanti in May
2004, when Ashanti was acquired by AngloGold Limited. Sir Sam Jonah has been
decorated with many awards and honours (including an honorary Doctor of Science)
and in 2003, was conferred with an Honorary Knighthood by Her Majesty Queen
Elizabeth II of Great Britain. He is a member of numerous advisory committees
including President Thabo Mbeki's International Investment Advisory Council of
South Africa, President Kufuor's Ghana Investors' Advisory Council, and the
United Nations Secretary General's Global Compact Advisory Council. His current
directorships, and past directorships over the last five years, are as follows:



  Current Directorships                 Past Directorships (5 Years)
AngloGold Ashanti Limited             Ashanti Goldfields Company Limited

African Minerals Ltd                  Lonmin plc

Anglo American Corporation of South   Defiance Mining Corporation
Africa
                                      Ghana Airways
Anglo American Platinum Corporation
Ltd (Amplats)                         First Atlantic Bank

Transnet Ltd                          Metropolitan Insurance Company

Equator Exploration Limited           Ecobank Transnational Inc.

Titanium Resources Group              African Banking Corporation Ltd.

                                      New Africa Investments Limited



Mitchell Alland, Executive Chairman of CRC, commented: 'We are honoured to have
Sir Sam Jonah join as non-executive Chairman of our Company.  His success,
experience and long-standing relationships in the mining industry will provide
invaluable assistance to the Company as it advances the Hinoba copper project to
bankable feasibility study and seeks other acquisition and exploration
opportunities. '

There is no other information to be disclosed in accordance with AIM Rules.  For
further information please contact:


          Copper Resources                 Nabarro Wells & Co.                ODL Securities
   Mitchell Alland, Vice Chairman             John Robertson                   Tony Clements
        [phone]                [phone]              [phone]





             Background Information on Copper Resources Corporation


Copper Resources is the ultimate holding company of a group of mineral
exploration, development and operating companies. The Group effectively has a
92.5 per cent economic interest in the Hinoba-an Porphyry Copper Project (the '
Project'), subject to a 3 per cent net benefits royalty payable to the original
claimowner. The Project is located on the island of Negros in the Republic of
the Philippines, approximately 700 km south of Manila.


The Group's interest in the Project is held under an Integrated Mining and
Operating Agreement with Colet Mining and Development Corporation, which holds
mining leases over 90 hectares and approximately 2,900 hectares of mineral
claims (collectively, the 'Colet Claims'). The Colet Claims cover two known
porphyry copper deposits, the Don Jose deposit and the A1 deposit, which
comprise the Hinoba-an property.


Over the years, a significant amount of exploration and metallurgical testwork
has been performed on the Hinoba-an property with its previous owners having
spent approximately C$14.7 million. The Hinoba-an property has been subject to
approximately 48,000 metres of diamond drilling and 11,000 metres of reverse
circulation drilling.  Pre-feasibility studies indicate that the two deposits
are well drilled and that all due attention has been paid to core handling,
sampling and assaying.


A scoping study undertaken in 1998 envisioned a 15 year mine life for the Colet
Claims based on a geological resource of 254 million tonnes at 0.46 per cent
copper at a 0.30 per cent copper cut-off. The study showed that the deposits
could be profitably mined by open pit method with the ore processed in a
conventional flotation milling operation to produce approximately 2 billion
pounds of recoverable copper and other by-products.  Annual production was
estimated at 56,000 tonnes of recoverable copper with an average cash cost
(including smelting, refining and by-product credits) of US$0.48/lb of copper.


The Company will complete additional infill core drilling on the property and a
feasibility study within the next 18 months. Upon completion of the feasibility
study, and assuming favourable economics, the Group plans to develop a potential
15 million tonnes per annum open pit copper mine on the Hinoba-an property.  The
development of the Project will be dependent on obtaining future financing.


In addition, the Copper Resources Group owns 23 unpatented lode claims covering
approximately 186 hectares in the state of Colorado. The copper deposit on the
property has historically been mined as an underground operation. The Group
plans to undertake exploration and evaluation on these claims within the next
twelve months. The exploration and evaluation stage includes a drilling
programme that will be commenced in early 2006.


23rd May 2005



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