Further re offer

For immediate release



9 January 2008

                             COPPER RESOURCES CORP                             

                            ("the Company or CRC")                             

                               Further re Offer                                

On 5 December 2007, Metorex announced the terms of an offer to acquire the
entire issued and to be issued share capital of CRC (the "Offer"). The Offer
Document, which set out full terms of the Offer, was posted to CRC shareholders
on 5 December 2007.

Shareholders of CRC are referred to Metorex's announcement of 8 January 2008,
whereby it was stated that by 3.00 p.m. on 7 January 2007, being the second
closing date of the Offer, Metorex had received valid acceptances of the Offer
in respect of a total of 5,477,425 CRC Shares, representing approximately 6.42%
of the issued share capital of CRC. This, together with 33,293,392 CRC Shares
beneficially owned by Metorex representing 39.06% of the issued share capital
of CRC, aggregates 38,770,817 CRC Shares representing 45.48% of the issued
share capital of CRC.

The Offer has been extended and will remain open for acceptance until 3.00 p.m.
on the next closing date, which will be on Friday 18 January 2008.

The Offer remains subject to the terms and conditions set out in the Offer
Document (including acceptances being received in respect of not less than 50%
of the voting rights in CRC).

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 as to
what action they should take in relation to the Offer.

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)           +44 (0)            +44 (0)      
                                                                            
      803 1073         20 7710 7400      20 7936 5200       20 7153 8035