ICS Closes Private Placement of CAD $250,000 and Provides Exploration Update on Excelsior Gold

ABBOTSFORD, Canadá, December 13, 2010 (ots/PRNewswire) - ICS Copper
Systems Ltd. is pleased to announce that it has closed the
non-brokered private placement announced on November 24th, 2010 by
the issuance of 3,125,000 units at a price of $0.08 per unit for
gross proceeds of CAD $250,000. Each unit consists of one common
share and one share purchase warrant, each warrant entitling the
holder to purchase one additional common share in the capital of the
Company at a price of $0.10 if exercised on or before December 8,
2011 and at $0.15 per share thereafter. The warrants expire on
December 8, 2012.

The warrants are subject to accelerated expiry if common shares
trade at or above $0.20 in any 20 consecutive trading day periods
ending after the date that is four months and a day after the
closing. All securities are subject to a hold period of four months
and one day expiring on April 9th 2011. No commission was paid on the
private placement.

Proceeds of the private placement will be used by the Company to
pay for mapping and sampling and phase 1 drill exploration costs for
the Excelsior Springs Gold project and for general working capital.

Excelsior Springs Gold Exploration Update

The company is pleased to issue this progress report on its
ongoing exploration program at Excelsior Springs, an advanced-stage,
sediment-hosted gold project near Tonopah, Nevada. Previous
exploration programs on the property by Walker Lane Gold and Evolving
Gold have identified the Buster zone, an east-west-trending zone of
intense hydrothermal alteration that is 10,000 feet long and up to
1,000 feet wide. Cambrian age siltstones, limestones and calcareous
sediments within this zone show widespread and intense, bleaching,
iron oxide-staining and decalcification.

Historic production from the underground workings on the property
is reported to be approximately 18,000 tons at a grade of 1.2 oz
Au/ton from strongly altered, structurally controlled zones within
the calcareous rocks. Drilling by Walker Lane and Evolving discovered
extensions of the structurally controlled gold zones as well as thick
zones of lower-grade mineralization in the Upper Shaft zone. This
zone of mineralization remains open to the northeast.

Recent geologic mapping of the project suggests there have been
multiple phases of hydrothermal alteration with the decalcification
phase being early, intense and widespread, while the gold-bearing
phase is younger and concentrated in structural zones and favorable
stratigraphic horizons. There are rhyolite and diorite dikes on the
project, and the rhyolite is often strongly fractured, intensely
quartz veined and weakly mineralized.

Surface sampling of outcrops has identified at least two
additional areas which have multiple samples containing plus one gram
gold values. One of these areas contains well developed jasperoids
and jasperoid breccias assaying over 3 gm Au/ton. These jasperoids
occur in the more massive gray limestones in the upper plate of a
district-scale, south-dipping, thrust fault. The thrust fault caps
the altered rocks of the Buster zone and may have been a factor in
localizing gold mineralization. There is a large area of alteration
beneath the thrust fault, and this area is considered highly
prospective for additional zones of gold mineralization.

On satellite images, the main alteration zone occurs within an
arcuate structural feature which can be traced through 90 degrees of
arc and is 2,000 feet outboard of a much larger arcuate feature. The
larger arcuate zone is about four miles in diameter, concave to the
south, and can be traced through 180 degrees of arc. These arcuate
features could be the result of doming by a magma body and may have
served as channel ways for hydrothermal fluids.

The exploration program is continuing and will focus on the
following:

1. Further define the Upper Shaft zone mineralization and locate
drill holes to test the northeast and southwest extensions of the
mineralization.

2. Complete additional mapping and sampling of the jasperoid and
other mineralized areas so that drill targets can be developed.

3. Conduct reconnaissance mapping and sampling of the larger
arcuate feature.

4. Conduct a 15 hole drilling program planned for spring 2011.

Graham Chisholm, President and CEO of ICS Copper comments:
"Results from recent mapping and sampling are optimistic and have
identified additional exploration potential. Our Technical committee
is securing rigs for the spring drill programme."

Ken Brook, B.Sc, M.Sc, RPG. a qualified person (QP) as defined by
National Instrument 43-101, supervised the preparation of the
technical information in this news release.

ICS COPPER SYSTEMS LTD. Signed "Graham Chisholm"

Graham Chisholm, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release. 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.

For further information:

Graham Chisholm, graham@icscopper.com, Office: +1-604-859-3007,
Cell: +1-604-302-0746; Jeannette Durand, jeannette@icscopper.com

Web Page: http://www.icscopper.com

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

Contact:
CONTACT: For further information: Graham Chisholm,
graham@icscopper.com,Office: +1-604-859-3007, Cell: +1-604-302-0746;
Jeannette Durand,jeannette@icscopper.com