Crazy Horse Resources Inc.

Crazy Horse Resources Inc.

September 27, 2010 12:47 ET

Crazy Horse to Appoint Johan Raadsma as President and CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2010) - Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") is pleased to announce that Mr. Johan Raadsma is to be appointed the Company's President and CEO on the completion of the acquisition of a 100% interest in the Taysan copper-gold project in the Philippines, which is subject to the approval of the TSX Venture Exchange.

Mr. Raadsma has successfully engineered, managed, and contracted mining projects ranging from feasibility study, project finance, underground rehabilitation to environmental abatement. He has over 30 years of experience in mining, civil construction and resource development, during which time he has directed and participated in start-up projects ranging from US$15M - US$750M in capital. Mr. Raadsma has significant work experience in USA, Australia, Philippines, Indonesia and West Africa in senior management and directorship roles.

In the Philippines Mr Raadsma has successfully managed the Masbate Gold feasibility, trade sale of the asset to CGA Mining Limited and remains as president of the processing facility, which is producing above base case capacity as the largest primary gold operation in the Philippines. As Director for N M Rothschild & Sons (Australia) Ltd he has conducted technical reviews for the majority of resources operations in the Philippines. More recently he has successfully managed the Scoping Study of the Hinoba-an copper project in Negros Occidental for Copper Development Corp. He is the current president of the Philippine Minerals Exploration Association and a director of the Australian New Zealand Chamber of commerce.

The appointment of Mr. Raadsma will result in Mr. Brian Lueck, being appointed the Executive Chairman of the board of directors of the Company.

The appointment of Mr. Raadsma and Mr. Lueck and the completion of the acquisition of a 100% interest in the Taysan copper-gold project in the Philippines, which constitutes a Reverse Take-Over remains subject to the approval of the TSX Venture Exchange and the Company's shareholders.


Darren Devine, President and CEO

This press release includes "forward-looking statements" including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Crazy Horse Resources Inc. Statements regarding future fund raising and completion of the Acquisition are subject to all of the risks and uncertainties normally incident with the raising of capital and completing corporate transactions including, but are not limited to, financing risks, inflation and costs of goods and services, property title issues and regulatory approvals. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Crazy Horse Resources Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law.

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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