Orsa Announces Appointment of Chief Operating Officer

Orsa Ventures Corp. (the "Company") (TSX VENTURE:ORN) today announced the
appointment of Mr. Bruno Barde as Chief Operating Officer ("COO").


Mr. Barde, MSc, BSc, PGeo, has worked for over thirty years in international
mining, including development of a copper-cobalt project in the Democratic
Republic of Congo where he participated in the completion of a positive
feasibility study and managed a $15 million Exploration/Development program.
Previously, he was COO for National Gold Corp., and participated in the scoping
study of the Mulatos Project in Mexico which is now a producing mine owned and
operated by Alamos Gold Corp. Mr. Barde served in various senior management
capacities with Placer Dome Inc, including that of President of Placer Dome de
Venezuela, where he oversaw the planning of the Las Cristinas deposit. Most
recently, he managed a $10 million dollar exploration and development program
for the mid to advanced stage Santana project in Sonora County, Mexico. He has
extensive experience in modeling the geology and mineralization and managing the
resource consultants.


Mr. Barde received his BSc. Geology in 1978 and a MSc. Geology in 1981, both
from the University of Geneva, Switzerland. He is fluent in English, French and
Spanish.


"Mr. Barde brings a very solid mix of skills and experience from both the
exploration and development of advanced stage projects that will serve the
Company and its shareholders well as we complete the acquisition of the Quartz
Mountain Project in southern Oregon and begin an aggressive program to develop
the resource," stated Linda Thorstad, PGeo, President and Chief Executive
Officer of the Company.


The Board of Directors of the Company has granted Mr. Barde 200,000 stock
options each at a price of $0.16 per share, in accordance with the policies of
the TSX Venture Exchange and the terms of the Company's Stock Option Plan.


On February 15, 2012, the Company announced an amendment to the Option Agreement
with Seabridge regarding the Quartz Mountain Property and released a February
15, 2012 updated NI 43-101 compliant undiluted, inferred mineral resource of
2,848,000 ounces of gold using US$1500 per ounce and reasonable mining and
processing costs. This resource has been identified on two of several rhyolite
dome structures on the property.


About Orsa

Orsa Ventures Corp. is a junior company focused on the exploration for, and
development of, gold-silver-copper properties in the western United States. In
addition to the Quartz Mountain and Angel's Camp properties, Orsa has options to
earn a 51% interest in the Ashby Gold Property, Nevada through an agreement with
Bridgeport Ventures Inc. and has an option to earn a 100% interest in the Coal
Canyon Gold Property in Nevada. The Company continues to actively seek new
acquisitions to expand its precious metal holdings.


On behalf of the Board of Directors,

Linda Thorstad, President and Chief Executive Officer

Linda Thorstad, P. Geo., a Qualified Person as defined by National Instrument
43-101 and President and Chief Executive Officer of the Company, has read and
approved the technical information in this news release.


FORWARD LOOKING STATEMENTS

This news release contains forward-looking statements that are based on the
Company's current expectations and estimates. Forward-looking statements are
frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate", "suggest", "indicate" and other similar
words or statements that certain events or conditions "may" or "will" occur, and
include, without limitation, statements regarding the Company's plans with
respect to the closing of the Financing and the use of proceeds thereof. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in such
forward-looking statements. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise. Forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.