Castle Resources Inc.

September 18, 2009 11:01 ET

Castle Resources Receives Final Approval to Extend Expiry Date of Warrants

TORONTO, ONTARIO--(Marketwire - Sept. 18, 2009) - Castle Resources Limited (TSX VENTURE:CRI) ("Castle" or the "Company") announced today that, further to its news release issued September 16, 2009, the TSX Venture Exchange has granted final approval to Castle to extend the expiry date of common share purchase warrants issued by Castle as part of a flow-through unit financing closed in two tranches with 1,678,570 warrants issued on March 18, 2008 and 142,857 warrants issued on April 2, 2008, and a non-flow-through unit financing closed on April 2, 2008 with a further 2,340,000 warrants issued (the prior release of September 16, 2009 inadvertently reported 2,315,000 warrants from this part of the financing). The new expiry date for all these warrants has now been extended until September 18, 2010. Further information regarding this extension can be found in the Company's news release issued September 16, 2009.

About Castle Resources

Castle Resources Inc. is a Toronto-based junior mineral exploration company focusing on high-quality, advanced exploration gold projects. Management's goal is to quickly advance exploration at the Elmtree Gold Project and to seek additional opportunities to continue to add value for shareholders. Castle currently has 26,884,521 common shares issued and outstanding. For more information please visit the Castle Resources' website at


Certain statements contained in this news release may contain forward-looking information within the meaning of Canadian securities laws. Such forward-looking information is identified by words such as "estimates", "intends", "expects", "believes", "may", "will" and include, without limitation, statements regarding the company's plan of business operations (including plans for progressing assets), estimates regarding mineral resources, projections regarding mineralization and projected expenditures. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, risks inherent in the mining industry, financing risks, labour risks, uncertainty of mineral resource estimates, equipment and supply risks, title disputes, regulatory risks and environmental concerns. Most of these factors are outside the control of the company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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