METALCORP LIMITED

MetalCORP Limited announce commencement of the next phase of exploration on its Hemlo East property in Ontario (formerly referred to as the Fearless and Python properties, and the former White River property of Lac Minerals Ltd.). MetalCORP will begin a drill program 5 km east-southeast along trend from the mine. The program is designed to test targets identified, in part, by a re-interpretation of airborne geophysical data which was completed by Aeroquest International in late July. The 2009 fall drill program will consist of approximately 3000 meters of drilling in six to ten holes. the company has also expanded its Hemlo East land position. This has been accomplished with additional staking immediately east of the Hemlo mine along the northern boundary of its existing claims, and by staking the last of the recently-lapsed Lac Minerals units in the southeastern part of the property.