CORRECTION REGARDING TOTAL NUMBER OF SHARES IN ...

COPPER RESOURCES CORP                             

                                ("the Company")                                

             CORRECTION REGARDING TOTAL NUMBER OF SHARES IN ISSUE              

Further to the announcement on 21st November relating to the exercise of
options, Copper Resources Corp ('CRC', 'the Company') announces a correction to
the total number of shares in issue. The total number of the Company's shares
currently in issue is 81,129,182.

As previously announced, there are 2,749,929 warrants and 3,339,057 vested
options which remain outstanding.

Enquiries:

   Copper Resources    Nabarro Wells &  Fox-Davies Capital          GTH        
     Corporation         Co. Limited          Limited                          
                                                              Communications   
                                                                               
      Jeff Carel          Hugh Oram        Richard Hail          Toby Hall     
                                                                               
       +27 (O)             +44 (0)            +44 (0)             +44 (0)      
                                                                               
     11 803 1073         20 7710 7400      207 936 5200        207 153 8035