Castle Peak Mining Ltd.

Castle Peak Mining Ltd.

May 09, 2011 18:23 ET

Castle Peak Appoints Darren Lindsay to Board of Directors

VANCOUVER, BRITISH COLUMIBA--(Marketwire - May 9, 2011) -Castle Peak Mining Ltd. ("Castle Peak" or "the Company") (TSX VENTURE:CAP), is pleased to announce the appointment of Darren Lindsay to the Company's Board of Directors, following the approval of a shareholder resolution at the annual general meeting last week.

Mr. Lindsay is currently Castle Peak's President and Chief Executive Officer, and is a professional geoscientist with 15 years experience in exploration geology for precious and base metals in North and South America. He played a key role on the team involved with the expansion and feasibility level studies of the multi-million ounce Madrid and Doris gold deposits in Hope Bay, Nunavut, with Miramar Mining Corporation and later Newmont Mining Corporation. He has also worked with other junior and senior companies, including BHP Minerals Canada Ltd, Inmet Mining Corporation, and Kodiak Exploration Limited.

Chairman Brian Lock said, "Darren's experience developing gold deposits will be of great benefit to the Company as we move forward with our exploration program at the Akorade project. This appointment rounds out the Board's skill set with advanced projects experience and will enhance our ability to deliver shareholder value."

About Castle Peak
Castle Peak Mining Ltd. is a Canadian-based exploration and development company focused on advancing greenfields and early stage gold projects. The Company holds a strategic land package in the Ashanti belt adjacent to several producing gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most prolific gold belts in the world with over 150 million proven ounces uncovered and current investment in excess of $2.5 B USD. Castle Peak is now executing an aggressive Phase I exploration program on identified gold targets.

On behalf of the Board of Castle Peak Mining Ltd.:

Darren Lindsay, President and Chief Executive Officer

This news release contains forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to vary materially from targeted results the results or events predicted in these forward-looking statements. As a result, investors are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this release. Except as required by applicable law, Castle Peak disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither 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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