Orsa Discovers Additional Gold-Bearing Alteration Zones at Coal Canyon Property

Orsa Ventures Corp. ("Orsa" or the "Company") (TSX VENTURE:ORN) announced today
that the Company has received encouraging results from a Phase II trenching and
sampling program at its Coal Canyon Property ("Coal Canyon"), near Lovelock in
Pershing County, Nevada. 


Coal Canyon is located near other sediment-hosted gold deposits such as Relief
Canyon, Willard and Colado in the Oreana Trend where over 10 million ounces has
been discovered since 2009. The Phase II program involved cutting new roads 400
feet to the southeast of the original discovery zone and sampling outcrop in the
road cut. Chip-channel samples from five to ten feet in length taken from
outcrop in the road cut returned a weighted average value of 0.023 ounces per
ton ("opt") Au over 152 feet (0.72 grams per ton (gpt) Au over 46.3 metres). The
maximum value was 0.069 opt (2.15 gpt) and the minimum was 0.007 opt (0.236
gpt).


The new roads were designed to follow extensions of a previously reported gold
zone averaging 0.015 opt Au over 142 feet (0.52 gpt Au over 43.3 metres) (Orsa
news release dated May 1, 2012). The two gold zones are contained within a
northeast-trending zone of anomalous gold values of up to 0.092 opt Au (3.2 gpt
Au) that is 5,800 feet long and up to 500 feet wide (1,767 by 152 metres
respectively.) The larger gold zone also contains arsenic values up to 1,000 ppm
and antimony values up to 3,000 ppm.


Surface indications of similar rock types and alteration continue to the
southeast of the new road cut and to the northwest of the original trench. Gold
mineralization is hosted in strongly altered calcareous siltstones and
limestones of the Auld Lang Syne Group. Dikes showing intense
quartz-sericite-pyrite alteration are also associated with the gold
mineralization. 


Orsa plans to extend the Phase II road building and sampling program to better
define the extent of the new gold discovery in preparation for a drill program. 


About Orsa

Orsa Ventures Corp. is a junior company focused on the development of,
gold-silver-copper properties in the western United States. Orsa has a 2.85
million ounce Inferred gold Resource (110,448,000 tonnes grading 0.80 grams per
tonne gold) on its Quartz Mountain Property, southern Oregon with excellent
exploration upside. In addition to the Coal Canyon Property in Nevada, Orsa has
the right to earn a 51% interest Ashby Property, a former gold producer and
porphyry copper-gold target, within the Walker Lane Mining Trend, host to
several large copper and gold deposits.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Orsa Ventures Corp.
Linda Thorstad
President and Chief Executive Officer
604.608.6680
www.orsaventures.com