Top Metals Executives Discuss Going Public, Moving Into Production, and Other Corporate Milestones With Wall Street Reporter

NEW YORK, Nov. 2, 2007 (PRIME NEWSWIRE) — Top executives from China Yunnan Copper Australia Limited (ASX:CYU), Avoca Resources Limited (ASX:AVO), and Nex Metals Exploration Ltd. (ASX:NME) tell Wall Street Reporter about their emerging metals companies and recent milestones. The interviews can be listened to, or downloaded, now at www.WallStreetReporter.com.

Dr. Mark Elliot, Managing Director of China Yunnan Copper Australia Limited (ASX:CYU), tells us about the company’s plans to list on the Australian Stock Exchange. “After listing the company, we will have around $6.5 million in cash and no debt,” he adds.

Highlights of the Interview:

   -- Yunnan Copper Industry's strong backing of China Yunnan.   -- The company's 2,000 square kilometers of highly prospective     tenement.   -- CYCAL's plans to drill in their Cloncurry Project before     Christmas. 

Also in the process of going public, Nex Metals Exploration Ltd (ASX:NME) is focusing on keeping capital costs low. “Once we get to the discovery stage, it will be relatively inexpensive to go into the mining stage and therefore generate a revenue stream,” explains Ken Allen, Managing Director.

Highlights of the Interview:

   -- The IPO's low capital costs.   -- Nex's approximate 12,000 square kilometers in the Kargoolie     Goldfields region.   -- Management's plans to take advantage of substantial infrastructure. 

Another metals company, which recently transitioned from a gold explorer to a gold producer, is Avoca Resources Limited (ASX:AVO). Managing Director Rohan I. Williams tells us, “The development started in earnest probably around February this year. So, it’s been a typical steady ramp up from the underground goldmine, but it’s hit a critical stage now.”

Highlights of the Interview:

   -- Avoca's nearly $0.5 Billion market cap.   -- The company's present construction of a one-million-ton-per-annum     gold treatment processing facility.   -- Management's focus on cost-control. 

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About China Yunnan Copper Australia Limited

China Yunnan Copper Australia Limited is an Australian exploration and development company with strong backing from China’s 3rd largest copper producer, Yunnan Copper Industry.

About Nex Metals Exploration Ltd.

Nex Metals Exploration Ltd. is an Australian gold IPO with a proposed listing date of December 3rd, 2007. The company’s strategy includes taking advantage of substantial available infrastructure to keep costs low.

About Avoca Resources Limited

Avoca Resources Limited is an Australian gold explorer turned producer with a present market cap of just under $0.5 Billion. The company is currently building facilities equipped to handle their Higginsville Gold Project’s forecasted million-ton-per-annum output.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,”"will,”"should,”"could,”"expects,”"plans,”"intends,”"anticipates,”"believes,”"estimates,”"predicts,”"forecasts,”"potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

This news release was distributed by PrimeNewswire, www.primenewswire.com

 CONTACT:  Wall Street Reporter Magazine           Jack Marks, CEO & Publisher           (212) 363-2600, ext. 260           www.WallStreetReporter.com            China Yunnan Copper Australia Limited           Dr. Mark Elliot Dip App Geol., Phd, FAICD,             FAusIMM (CPGeo), Managing Director           +61 7 3303-0653           www.CYCAL.com.au            Avoca Resources Limited           Rohan I. Williams BSc (Hons), MAIMM, Managing Director           +61 8 9226-0625           www.AvocaResources.com.au            Nex Metals Exploration Ltd.           Ken Allen .Bus (Curtin), PNA, FNTAA, FTIA, FAICD,             Managing Director           +61 8 9221-6813           NexMetals.com