Castle Resources Inc.

February 22, 2012 06:00 ET

Castle Resources Announces Updated Granduc Resource Estimate Conference Call

- Management will review details of the updated NI 43-101 Granduc Resource Estimate

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2012) - Castle Resources Inc. (TSX VENTURE:CRI) ("Castle" or the "Company") is pleased to announce it will host a conference call on Wednesday, Feb 22 at 4:00 p.m. EST to provide analysis on the recent NI 43-101 resource estimate for its Granduc Copper Project, near Stewart B.C.

Participant Dial-In Number(s):

Local / International: 647-426-1845

North American Toll- Free: 1-866-782-8903

The conference call will be archived for replay on the Castle website within 48 hours.

"I would like to invite investors and shareholders to participate in a review of our updated Granduc NI 43-101 resource estimate," stated Mike Sylvestre, President & CEO of Castle Resources. "The updated resource is a significant milestone for Castle as it now positions the Granduc as a major copper development project with excellent exploration upside."

Investors are encouraged to reference the Castle press release dated February 21 titled 'Castle Resources Reports Major Increase in Mineral Resource at the Granduc Copper Project'. In addition, an updated corporate presentation will be available on the Castle website should investors want further information and this will include new images and schematics of the resource and exploration upside.

About Castle Resources

Castle is a Toronto-based junior mineral development company focusing on high-quality, advanced projects. Management's goal is to continue the redevelopment of the 100% owned past producing Granduc Copper Mine in Stewart B.C. 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.

This news release does not constitute an offer to sell or solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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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