Centrasia Mining Corp.
TSX VENTURE : CTM
OTC Bulletin Board : CTMHF
FRANKFURT : C8M

Centrasia Mining Corp.

March 03, 2008 17:47 ET

Centrasia Made Aware of Dispute re Kyrgyz Subsidiary

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2008) - Centrasia Mining Corp. ("the Company") (TSX VENTURE:CTM)(OTCBB:CTMHF)(FRANKFURT:C8M) announces it has recently become aware that there is a dispute concerning the ownership of its Kyrgyz subsidiary. The Company's principal focus remains on the development of the Souker Deposit and other exploration properties in Russia. The Company's properties held by its Kyrgyz subsidiary are early stage exploration projects. Management has retained legal counsel to deal with this matter and intends to vigorously defend the interests of the Company.

Centrasia Mining Corp.'s headquarters is in Vancouver, Canada, with exploration offices in Kyrgyzstan, Russia and Kazakhstan. The company is actively engaged in the exploration and acquisition of precious and base metal projects in Russia and Central Asia. Centrasia is listed for trading on the TSX Venture Exchange under the symbol "CTM", on the Frankfurt Stock Exchange under the symbol "C8M" and on the OTCBB under the symbol "CTMHF".

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.

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