Source Exploration Corp.

Source Exploration Corp.

November 25, 2011 08:30 ET

Source Appoints Jesus Castro Mora as Consultant

THUNDER BAY, ONTARIO--(Marketwire - Nov. 25, 2011) - SOURCE EXPLORATION CORP. (the "Corporation" or "Source") (TSX VENTURE:SOP) announced today that it has appointed Mr. Jesus Castro Mora, M.Sc., of Mexico City as a geological consultant to the company to assist the Corporation with identifying and evaluating high potential precious metals properties in Mexico.

Mr. Castro Mora is Director General of Geoconsulting Ingenieros, S.C., a geological consulting firm based in Mexico City and focused on providing geotechnical services for the exploration, mining, construction industry. He served as Head of the Geological Science Department at the National Autonomous University of Mexico, Mexico City, and currently holds the position of Professor of Field Geology, Metallogeny and Applied Geology at the university.

Mr. Mora has extensive knowledge of the mineral resources and geology of Mexico, gained through his employment with both government bodies and public Mexican and Canadian exploration companies. From 1996-2003 he was employed as Senior Geologist with the Mexican Geological Survey (SGM) and responsible for directing geological mapping projects in southern Mexico. Mr. Mora was also employed for an eight year period as Exploration Geologist for the Mexican Mineral Resources Council (CRM), where he was closely involved with the evaluation of several deposits and prospects throughout Mexico, including epithermal, VMS, skarns, porphyry and intrusive related deposits as well as directing geophysical surveys and diamond drilling programs.

Brian E. Robertson, President and CEO, stated, "I look forward to working closely with Mr. Mora. His in-depth knowledge of Mexico's geology and mineral deposits as well as contacts with government and industry personnel will advance the company's objective of identifying high value mineral exploration properties for acquisition and development."

About Source Exploration

Source Exploration is a well-financed Canadian based mineral exploration company focused on the evaluation, acquisition and development of economic gold and silver deposits in Mexico. The company's Las Minas project is located in the heart of the historical Las Minas mining district, which is host to one of the largest under explored gold - silver - copper skarn systems known in Mexico.

Certain terms or statements made that are not historical facts, such as anticipated advancement of mineral properties or programs, productions, sales of assets, exploration plans or results, costs, prices, performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to; metals price volatility, volatility of metals production, project development risks and ability to raise financing. Certain statements included in this news release constitute "forward-looking information" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Shares Issued: 45,615,310

Neither 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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