Centrasia Mining Corp.
OTC Bulletin Board : CTMHF

Centrasia Mining Corp.

March 15, 2007 14:30 ET

Centrasia Creates Advisory Board and Appoints Brian McEwen and Ken Kuchling as Inaugural Members

Bulakashu Exploration Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 15, 2007) - Centrasia Mining Corp. ("Centrasia") (TSX VENTURE:CTM)(OTCBB:CTMHF)(FRANKFURT:C8M) announces that it has created an advisory board and appointed Mr. Brian McEwen, P. Geol and Mr. Ken Kuchling, P.Eng as its initial members.

Mr. McEwen has over 25 years of mineral exploration and production experience including project management, economic evaluation and mine planning for various mining concerns throughout the world. Mr. McEwen was the former manager of mineral projects for Norwest Corporation. Prior to that, Mr. McEwen consulted for AMEC Inc. as their Manager of Geology for Latin America, and was involved in numerous deposit evaluations including the Spence deposit (BHP Billiton), the Lomas Bayas deposit (Falconbridge), and the Quebrada Blanca deposit (Teck/Cominco). Mr. McEwen is currently the President of Buffalo Gold Ltd. and Dynasty Gold Corp. Brian is a Professional Geoscientist, registered with the Association of Professional Engineers, Geologists, and Geophysicists of Alberta.

Mr. Kuchling has more than 25 years of mine engineering experience with operating mines and consulting firms. This includes domestic and international assignments in production planning, mine design, scoping, pre-feasibility, feasibility studies, cost estimation, and project management. . Mr. Kuchling has a Masters of Mining Engineering from the University of British Columbia (1984) and a Bachelor of Mining Engineering from McGill University (1980). He is a Professional Engineer, registered with the Association of Professional Engineers, Geologists, and Geophysicists of Alberta.

Douglas Turnbull, the company's President and CEO states, "Mr. McEwen and Mr. Kuchling are excellent additions to our exploration team. Each of these gentlemen will play a key role in managing Centrasia's advanced project engineering and evaluations efforts."

Bulakashu Exploration Update

Centrasia has contracted Dick Fox of Practical Geophysics, Spring Creek Nevada to provide a detailed interpretation of all ground geophysical data from the Severny and Karabulak Prospects on Centrasia's Bulakashu Project in northern Kyrgyzstan. Trenching at Severny in the fall of 2006 returned 48 metres of 2.27 g/t Au (See October 23, 2006 press release), while drill hole SV06-01 returned 50.5 metres of 1.15 g/t Au (see January 29, 2007 press release).

Based on these favourable results from the 2006 fieldwork, the company has outlined an expanded drill program for the summer of 2007. A 6000 metre drill program has been laid out to test targets at the Severny Cu/Au and Karabulak Au prospects. Centrasia has contracted EDCO Drilling, a wholly owned subsidiary of TVI Pacific Inc., to provide two core rigs to conduct the drill program and upgrade the exploration camp at Bulakashu. It is anticipated the drilling will commence in early June 2007.

Centrasia is listed for trading on the TSX Venture under the symbol "CTM", on the OTCCBB under the symbol "CTMHF" and on the Frankfurt Exchange under the symbol "C8M". To find out more about Centrasia Mining Corp., please visit the company website at www.centrasiamining.com.

On behalf of the Board of Directors of CENTRASIA MINING CORP.

Douglas Turnbull, President & C.E.O.

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

Forward-Looking Statements. This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

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

Contact Information

  • Centrasia Mining Corp.
    Douglas Turnbull
    President & C.E.O.
    (604) 688-4110
    (604) 688-4169 (FAX)
    Website: www.centrasiamining.com