FOR:  EUROPEAN MINERALS CORPORATION

TSX SYMBOL:  EPM
AIM SYMBOL:  OSU

July 4, 2008

European Minerals Corporation Announces Change of Name

LONDON, UNITED KINGDOM--(Marketwire - July 4, 2008) - European Minerals Corporation ("EMC" or "the Company"")
(TSX:EPM)(AIM:OSU) announces that it has changed its name to Orsu Metals Corporation. The Company's shares
begun trading on the AIM market of the London Stock Exchange under its new name and new symbol "OSU" effective
at 8 a.m. today, 04 July 2008.

The Company's shares and listed warrants will continue to trade on the TSX under "European Minerals
Corporation" and the symbol "EPM". The TSX has conditionally approved the Company's name change, subject to the
completion of certain filings being made with the TSX and the symbol OSU has been reserved for the Company on
TSX. A further announcement will be made to confirm that all filing and regulatory requirements have been met
and that the name and symbol change is effective for TSX.



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FOR FURTHER INFORMATION PLEASE CONTACT:

Orsu Metals Corporation
Tania Tchedaeva
Company Secretary
+44 (0) 20 7518 3999

OR

Orsu Metals Corporation
Gavin Dallas
Investor Relations
+44 (0) 20 7518 3999
+44 (0)20 7518 3998 (FAX)
Website: www.orsumetals.com

OR

Grant Thornton UK LLP
Gerry Beaney
+44 (0) 20 7383 5100

OR

Grant Thornton UK LLP
Colin Aaronson
+44 (0) 20 7383 5100

OR

Vanguard Shareholder Solutions
Keith Schaefer
(604) 608-0824

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

                                                                
European Minerals Corporation
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