Central Resources Corp.: Selwyn Creek Exploration Results; Rock Samples Return Up to 14.15 g/t Gold

Central Resources Corp. (TSX VENTURE:CBC) ("Central" or the "Company") is
pleased to announce results of the 2011 surface exploration program conducted at
its LLL property located in the Dawson Range Gold Belt of southwestern Yukon.
Highlights from the program include:




--  Discovery of highly prospective rocks grading between 0.697 and 14.15
    g/t gold from quartz veined samples;

--  Expansion of a 2010 soil geochemical anomaly - resulting in a 1,200 by
    1,000 metre area of coincident, strongly elevated gold and arsenic
    values; and

--  Identification of three new moderately to strongly anomalous areas of
    gold and arsenic soil geochemistry.



In 2011, prospecting at the LLL property identified a breccia zone that lies on
the western edge of a broad ridge. This zone appears to be oriented sub-parallel
to a geological contact between quartzite and gneiss, in an area where a
porphyry dyke cuts both units. Geologically favourable material typically ranges
from weakly silicified fault breccia to strongly silicified hydrothermal crackle
breccia. Visual mineralization includes arsenopyrite, minor stibnite and
alteration minerals - scorodite, limonite and jarosite. This breccia zone has
never been drilled or trenched and contains no outcrops. Limited sampling of
mostly grass covered talus returned encouraging values including 0.697 g/t,
1.125 g/t and 14.15 g/t gold.


"These results are very exciting because we have discovered significant gold
mineralization in rock samples located within a large gold - arsenic soil
anomaly," said Paul Reynolds, President and Chief Executive Officer of Central.
"These rock sample results range from anomalous to 14.15 g/t gold."


Soil sampling expanded a zone of coincident, strongly anomalous gold and arsenic
soil geochemistry which encompasses the breccia zone and covers an area 1,200
metres long and 1,000 metres wide. Values from 2011 sampling in this anomaly
range from 20 to 502 ppb gold-in-soil and 100 to 810 ppm arsenic-in-soil.
Antimony values within this zone were weak to strongly anomalous (5 to 23 ppm).
Gold and arsenic soil geochemical maps are posted on the Company's website at
www.centralres.ca.


Three additional soil geochemical targets comprising clusters of moderately to
strongly anomalous gold and arsenic values have been identified elsewhere on the
property. Values within these anomalies range from 20 to 391 ppb gold and 100 to
301 ppm arsenic. No follow up prospecting has been done in the vicinity of these
anomalies. The highest soil result on the property is an isolated gold value of
1,060 ppb.


Most of the LLL property is underlain by brittle graphitic quartzite (Nasina
Assemblage), hornblende-biotite granite gneiss (Pelly Gneiss Suite) and two
Whitehorse Suite granitic plutons. Quartz-feldspar porphyry dyke swarms intrude
all of these units. This geological setting resembles the setting at the nearby
Coffee Property of Kaminak Gold Corporation.


Analytical work was done by ALS Chemex with sample preparation in Whitehorse,
Yukon and assays and geochemical analyses in North Vancouver, British Columbia.
All rock samples were initially analyzed for gold by fire assay followed by
atomic absorption (Au-AA24) and 35 other elements by inductively coupled plasma
- atomic emission spectroscopy (ME-ICP41). Overlimit values for gold were
determined by fire assay and gravimetric finish (Au-GRA22). All soil samples
were analyzed for gold by inductively coupled plasma - atomic emission
spectrometry (Au-ICP21) and the multi-element analysis was done by ME-ICP41.


The 2011 program was conducted by Archer, Cathro & Associates (1981) Limited
under the supervision of Heather Smith, P.Geo. The technical information in this
release has been reviewed by Heather Smith, P.Geo., and Paul Reynolds, P.Geo.,
President of Central, both of whom are qualified persons as defined by National
Instrument 43-101.


About Central Resources

Central Resources Corp. is a junior exploration company created to leverage the
extensive knowledge and experience of a dedicated group of financial and
resource industry professionals. The Company has acquired options on several
highly prospective mineral properties in the Yukon and British Columbia and
continues to pursue additional opportunities to build shareholder value.


This news release contains forward-looking information, which involves known and
unknown risks, uncertainties and other factors that may cause actual events to
differ materially from current expectation. Important factors - including the
availability of funds, the results of financing efforts, the results of
exploration activities -- that could cause actual results to differ materially
from the Company's expectations are disclosed in the Company's documents filed
from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as of
the date of this press release. The company disclaims any intention or
obligation, except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
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