Castle Resources Inc.

June 12, 2012 06:00 ET

Castle Resources Granted Statutory Right of Way for 17 km Granduc Tunnel

- Castle Resources has acquired the statutory right of way through the Granduc Tunnel for a renewable period of 30 years

- The permit grants private road access for the Granduc Tunnel for mineral exploration purposes including underground diamond drilling

TORONTO, ONTARIO--(Marketwire - June 12, 2012) - Castle Resources Inc. (TSX VENTURE:CRI) ("Castle" or the "Company") is pleased to announce it has received the statutory right of way from the British Columbia Ministry of Forests, Lands and Natural Resource Operations for the 17 kilometre long Granduc Tunnel. The tunnel connects the underground mine site to the Granduc road which leads directly to year round port facilities in Stewart, B.C.

"This key piece of permitting allows Castle to access the underground mine site through the tunnel for a renewable period of 30 years. The right of way is vital to the strong infrastructure Castle acquired with the Granduc Copper Project," stated Mr. Mike Sylvestre, President & CEO of Castle Resources. "The tunnel was rehabilitated in 2011 and is fully accessible by mobile equipment."

The Granduc tunnel was constructed in the mid-1960s by Newmont Mining, the developer and initial operator of the Granduc Mine. The tunnel was designed for rail transportation of ore, people and supplies between the underground mine and the mill. In 2011 Castle Resources contracted Procon Mining and Tunneling to refurbish the tunnel and provide efficient and safe mobile access for operations.

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


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