ICS Copper Systems Ltd. - Joint Venture With TransAfrican Minerals Limited

Abbortsford, Canada (ots/PRNewswire) - ICS Copper Systems
Ltd (The Company or ICS) (ICX:TSX.V) is pleased to announce that it
has signed a binding Letter of Intent (LOI) with TransAfrican
Minerals Limited (TransAfrican) in connection with 6 licences in the
Democratic Republic of Congo (DRC), whereby TransAfrican has the
option of earning up to a 70% interest in the licences by completion
of cash and work commitments. The three stage deal is summarized
below:

Stage 1 - to earn a 51% interest
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Minimum Exploration
and Development
Date for Cash Payments Expenditures to
Completion to be Made(1) be Incurred
---------------------------------------------------------------------
Within 30 days of signing C$400,000 -
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Within 90 days of signing C$400,000 -
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End of Year 1(2) C$200,000 C$1,200,000
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End of Year 2(2) C$200,000 C$1,200,000
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End of Year 3(2) C$200,000 C$200,000
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TOTAL C$1,400,000 C$2,600,000
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(1) These items, being the cash payment of C$1,400,000 and the
minimum expenditure requirement of C$ 2,600,000 are firm binding
commitments on TransAfrican;

(2) From execution of this LOI by the parties. >>

Stage 2 - to earn an additional 10% interest (for a total of 61%)

TransAfrican may earn an additional 10% interest in the licences
by conducting additional exploration within 24 months of successful
completion of Stage 1.

Stage 3 - to earn an additional 9% Interest (for a total of 70%)

TransAfrican may earn an additional 9% interest by funding 70%
Bankable Feasibility Study within 48 months of successful completion
of Stage 2.

THE LICENCES

The licences that fall under this agreement are Bayombwe, Lubudi,
Bukama, Kabalo, Kaniama and Karukuruku.

ABOUT TRANSAFRICAN MINERALS LIMITED

TransAfrican Minerals Limited is an emerging privately-funded
global mining company led by a strong management team made up of
former senior investment bankers and mining executives with more than
200 years of combined experience funding, developing and managing
global mining projects.

The company is led by Mr. Mohamed Matongo as its Deputy Chairman
and President. The Chief Executive Officer is Mr. Robert S. Stewart.

Mr. Matongo was formerly a senior banker (Sr. Vice President)
with Citibank in London, Kuala Lumpur, Abhu Dhabi and Johannesburg.
He founded Bayete Resources Pty Ltd. four years ago and was the CEO
and Deputy Chairman until 2006 when Bayete Resources Pty Ltd. sold
its interests to Troy International UK Limited. Mr. Matongo also
formed Tegeta Exploration and Mining Pty Ltd., a junior explorer and
mining company focusing on Coal Mining in South Africa. During the
last 5 years he has facilitated the creation of many emerging (BEE)
companies in South Africa and he specializes in deal origination,
conceptualization, mergers and acquisitions.

Mr. Stewart is a mining and financial executive with 30 years of
senior experience in Africa and around the world. As former Chief
representative of Bechtel, Chairman of Ocelot International, TANGAS,
CAMGAS, America Mineral Fields, Congo Chamber of Mines and
International Cobalt, he initiated, financed and developed several
major mining, natural gas and power projects in East, Central and
Southern Africa.

TransAfrican is building a global presence in precious, base and
strategic metals with future acquisitions targeted in Africa, Canada,
Australia and Asia. Through acquisitions and joint ventures,
TransAfrican has built up a portfolio of mining and exploration
projects (copper, uranium, cobalt, gold and coal) in Zambia, DRC,
Mozambique, Madagascar, Mali, Indonesia, Australia, Mongolia and
Argentina.

TransAfrican has recently engaged the services of two eminent
Canadian firms, Messrs Rosmir Capital Corp (Financial Advisor), and
Fraser Milner Casgrain LLP, (Legal Counsel) for the company.
TransAfrican is planning an IPO on the Toronto Stock Exchange to
raise further capital to develop its portfolio.

MANAGEMENT'S COMMENT

Graham Chisholm, President & CEO comments, "we are very pleased
with this transaction. It addresses one of the business objectives of
the Company which is to find well funded joint venture partners for
its DRC licences. This approach allows for the advancement of ICS's
high quality exploration targets in DRC and enables the Company to
focus its treasury on the development of the Mokambo Mine Project in
Zambia."

ICS COPPER SYSTEMS LTD.

Signed "Graham Chisholm"

Graham Chisholm, President & CEO

This release includes certain statements that are
"forward-looking statements". All statements in this release, other
than statements of historical facts that address future exploration,
development and production activities, and other circumstances,
events and developments that the Company expects, are forward-looking
statements. Although management believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ
materially from those in the forward-looking statements. The
occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; For Investor
Relations: Brett Whitelaw, brett_whitelaw@telus.net, Tel:
+1-604-662-8633, Web Page: http://www.icscopper.com

ots Originaltext: ICS Copper Systems Ltd
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; For Investor
Relations: Brett Whitelaw, brett_whitelaw@telus.net, Tel:
+1-604-662-8633


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