Orsa Receives BLM Approval for Second Phase of Trenching at Its New Gold Discovery in Nevada

Orsa Ventures Corp. ("Orsa" or the "Company") (TSX VENTURE:ORN) announced today
that the Company has received approval from the Bureau of Land Management for a
Phase Two trenching program at its Coal Canyon Property ("Coal Canyon") in
Pershing County, Nevada. 


On May 1, 2012 Orsa announced that it had made a new gold discovery at Coal
Canyon which is located in the Oreana Mining Trend. The Company also announced a
lease agreement with New Nevada Lands and New Nevada Resources for two adjacent
sections along the projected strike of the Coal Canyon discovery.


Approximately 3,000 feet of new road were constructed at Coal Canyon to provide
access to some of the mineralized zones and to expose altered bedrock for
sampling. Trenching exposed an altered and mineralized contact between intrusive
and sedimentary rocks. One of the sampled zones comprising a continuous group of
eighteen samples from a strongly altered zone of calcareous siltstone averaged
0.015 oz. Au/ton over a distance of 142 feet (0.520 grams Au/tonne over 43.3
metres). Greater than 0.029 oz. Au/ton (1 gram Au/tonne) values have been found
in a 5,800 foot-long, northwest-trending zone that is up to 500 feet wide. This
zone contains anomalous arsenic and antimony values.


Coal Canyon is located within the Oreana Mining Trend where over 10 million
ounces of gold have been discovered since 2009. Gold deposits in the trend
include Rochester, Unionville, Relief Canyon, Spring Valley, Willard and Colado.
Gold mineralization at Coal Canyon is hosted in calcareous sediments of the Auld
Lang Syne Group which is the same host rock as most of the reported deposits in
the Trend.


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. 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.