MDM Madoro Metals Corp

Orsu Metals Corporation ("Orsu", or the "Company") (TSX:OSU)(AIM:OSU) announces
that it has successfully repatriated US$3.65 million of funds previously
embargoed in South Africa pursuant to a legal application made by the liquidator
of MDM Ferroman (Pty) Limited ("MDM").


In January 2006, further to the termination of the lump sum turnkey contract
("LSTK") with MDM, Orsu was notified that MDM was the subject of insolvency
proceedings. Prior to being placed into provisional liquidation, MDM assigned
all of its rights and obligations under its contracts with suppliers to the
Company's 100% subsidiary JSC Varvarinskoye ("JSCV") under a cession agreement
(the "Cession"). The liquidator of MDM claimed the Cession of sub-contracts
under the LSTK gave rise to the Company receiving a benefit in preference to
other creditors and claimed this could be set aside under South African
insolvency law. The liquidators may still issue summons in South Africa to claim
losses and, in the unlikely event they are successful, any South African
judgement against JSCV will have to be recognised and enforced in Kazakhstan.


The Company continues to believe that the claim is of poor merit and grossly
overstated. The Company intends to call for security for its costs if the
liquidators are unsuccessful in their claim. Further details on this claim can
be found in European Mineral Corporation's Annual Report and Accounts 2007
available on the Orsu Metals website and www.sedar.com.


In a separate matter, relating to the class action claim announced 19 September
2008, Orsu advises that it has become aware that the original claim is likely be
replaced by a new claim similar in nature, and filed by a new plaintiff. As
previously announced the Company's directors believe that the claim is without
merit and have appointed legal counsel to defend and vigorously dispute it. This
new claim has not been served on the Company.

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