Further re Offer

Copper Resources Corporation
31 December 2007


For immediate release


Stock Exchange Announcement


31 December 2007


                             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 setting 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 31 December,
whereby it was stated that by 3.00pm on 28 December 2007, being the first
closing date of the Offer, Metorex had received valid acceptances of the Offer
in respect of a total of 5,471,004 CRC shares, representing approximately 6.42
per cent. of the issued share capital of CRC which together with 33,293,392 CRC
Shares beneficially owned by Metorex, representing 39.06 per cent. of the issued
share capital of CRC, total 38,764,396 CRC shares representing 45.48 per cent.
of the issued share capital of CRC.


The offer which was initially open for acceptance until 15h00 (GMT) on 28
December 2007, has been extended and will remain open for acceptance until 3.00
p.m. on the next closing date, which will be on Monday 7 January 2008.


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






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