Castle Gold Corporation
TSX VENTURE : CSG

Castle Gold Corporation

May 15, 2008 15:15 ET

Castle Gold Announces Resignation of Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2008) - Castle Gold Corporation ("Castle Gold" or the "Company") (TSX VENTURE:CSG) announces the resignation of Ms. Maricruz Alvarado as Chief Financial Officer due to personal reasons and her other professional commitments. We thank Maricruz for her past services and wish her good luck in her future endeavors. The Company is considering other qualified candidates to act as Chief Financial Officer on a full time basis.

Castle Gold Corporation is a growth focused gold producer currently expanding gold production within the America's. Castle Gold owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold project in Mexico and at its El Sastre, El Arenal, Bridge and Lupita Projects in Guatemala.

ON BEHALF OF THE BOARD OF DIRECTORS,

Christopher Babcock, President and Chief Executive Officer

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

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