Castle Resources Appoints KPMG Corporate Finance as Financial Advisor

Castle Resources Inc. (TSX VENTURE:CRI) ("Castle" or the "Company") is pleased
to announce that it has engaged KPMG Corporate Finance as financial advisor to
identify, analyze and execute a transaction that will fast-track the development
of the Granduc Copper Project, located in northwest British Columbia.


"We are excited to be teaming up with KPMG," stated Mr. Mike Sylvestre,
President & CEO of Castle Resources. "Their global reach and proven expertise
will be a strategic asset as we move forward with the redevelopment of the
Granduc Copper Project. With a large, high-grade copper resource and robust PEA
level economics, we believe the best course for Castle is to find a strategic
partner."


Castle Resources has engaged KPMG with the primary objective of assisting in
analyzing, marketing, negotiating and ultimately executing a transaction that
will provide the financing to take the Granduc Copper Project through
development and into production. The Company will consider a range of
transaction structures, including a joint venture, off-take agreement, earn-in
or some form of business amalgamation or merger.


KPMG's Global Metals and Mining Corporate Finance business has a strong track
record in divestitures, mergers, acquisitions and financings with a deep
understanding of the metals and mining sector worldwide.


About Castle Resources

Castle is a Toronto-based junior mineral development company focusing on
high-quality, advanced projects. Management's goal is to continue the
redevelopment of the 100% owned past producing Granduc Copper Mine in Stewart,
B.C. For more information please visit the Castle Resources' website at
www.castleresources.com.


Disclaimer

Certain statements contained in this news release may contain forward-looking
information within the meaning of Canadian securities laws. Such forward-looking
information is identified by words such as "estimates", "intends", "expects",
"believes", "may", "will" and include, without limitation, statements regarding
the company's plan of business operations (including plans for progressing
assets), estimates regarding mineral resources, projections regarding
mineralization and projected expenditures. There can be no assurance that such
statements will prove to be accurate; actual results and future events could
differ materially from such statements. Factors that could cause actual results
to differ materially include, among others, metal prices, risks inherent in the
mining industry, financing risks, labour risks, uncertainty of mineral resource
estimates, equipment and supply risks, title disputes, regulatory risks and
environmental concerns. Most of these factors are outside the control of the
company. Investors are cautioned not to put undue reliance on forward-looking
information. Except as otherwise required by applicable securities statutes or
regulation, the company expressly disclaims any intent or obligation to update
publicly forward-looking information, whether as a result of new information,
future events or otherwise.


This news release does not constitute an offer to sell or solicitation of an
offer to sell any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to a U.S. Person unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Castle Resources Inc.
Mike Sylvestre
President & CEO
416-366-4100
mike@castleresources.com


Castle Resources Inc.
Lenny Foreht
VP Corporate Development
416-644-9003
lforeht@castleresources.com
www.castleresources.com

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