MTC MetalCorp Limited

MetalCORP Limited (TSX VENTURE:MTC) is pleased to announce the appointment of
Naomi Nemeth as President and Chief Executive Officer to lead its management
team effective immediately. She has been a director of MetalCORP since July
2007.


Ms. Nemeth has worked in the mining and mineral exploration industry for the
past five years with a focus on investor relations and corporate management. She
has held senior Investor Relations positions with Homeland Energy Group (coal,
South Africa), African Copper PLC (copper, Botswana), Wolfden Resources (gold
and base metal exploration, Canada), Sanatana Diamonds (Canada) and Desert Sun
Mining (gold producer, Brazil). Prior to returning to the mining field in 2004,
Ms Nemeth held senior investor relations and communications roles in the
pharmaceutical (GSK, Biovail, MDS) and financial services (Manulife Financial,
Clarica-Sunlife Financial) sectors. Ms Nemeth began her career as a field
exploration geologist in the Yukon and northern Ontario following completion of
an Honours BSc in Geology and Biology at Brock University and a Masters degree
in Journalism from the University of Western Ontario.


As part of her compensation, Ms. Nemeth was granted options to purchase 400,000
common shares of MetalCORP at an exercise price of $0.19 per share, one-half of
which vest immediately and the remaining half will vest after four months; the
options have a maximum term of five years, subject to earlier termination 30
days after the later of termination of their agreement or ceasing to be a
service provider to MetalCORP. Other officers and directors were concurrently
granted options on a total of 400,000 common shares on the same terms.


"The Board of Directors of MetalCORP is both pleased and honoured to have Naomi
accept the role of leading MetalCORP's management. She has a vast experience in
the resource sector and long history of success," commented Donald Alexander
Sheldon, the former President and CEO, who was concurrently appointed as
non-executive Chairman of the Board. "Naomi will oversee day-to-day management
as well as the strategic aspects of growing MetalCORP's business and the
financing of its mineral exploration projects. Naomi is well-known and
well-respected, especially in investor relations, in the mining and exploration
sector and we are confident that she will advance MetalCORP and its exploration
projects through the next stage of growth."


MetalCORP is a mineral exploration company based in Thunder Bay, Ontario with
gold and base metal projects in the Canadian Shield of Northern Ontario, Canada,
one of the most prolific mineral districts in the world. The projects, with an
area of more than 85,000 acres, include the new Hemlo East
gold-nickel-copper-zinc property, the Big Lake copper-zinc-silver-gold property,
the North Rock copper-nickel-platinum property, the Dorset Joint Venture, the
Pickle Lake property, the Black Bear property and the Keezhik Lake property.


MetalCORP has 49,106,636 common shares outstanding and approximately $1,250,000
in cash and no long-term debt. To find out more about MetalCORP visit its
website at www.metalcorp.ca.

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