Castillian Announces Completion of Option Obligations by Ryan Gold

Castillian Resources Corp. (TSX VENTURE:CT)(OTCQX:CTIIF) ("Castillian" or the
"Company") announces that Ryan Gold Corp. has completed its obligations with
respect to the acquisition of a 10% interest in Castillian's Hope Brook Gold
property (the "Property") by incurring aggregate exploration expenditures on the
Property of $2,000,000 by December 31, 2012. 


Castillian and Ryan Gold will form a joint venture under which Ryan Gold will
have a carried 10% interest until December 31, 2013, following which each
company will contribute to further expenditures on the Property in proportion to
their respective joint venture interests. Ryan Gold has an option to transfer
its 10% interest back to Castillian prior to June 30, 2013 for that number of
shares of Castillian that is equal to the sum of all expenditures incurred on
the Property by Ryan Gold (the "Expenditures") divided by the greater of (a)
$0.05 and (b) the market price of Castillian's common shares on the TSX Venture
Exchange at the time Ryan Gold exercises this option, less the maximum discount
permitted under the policies of the TSX Venture Exchange. At any time prior to
December 31, 2013, Castillian will have the option to purchase the interest back
from Ryan Gold in consideration for, at Castillian's option, either a cash
payment to Ryan Gold equal to the Expenditures or 40,000,000 Castillian shares.


ABOUT CASTILLIAN RESOURCES

Castillian Resources Corp. is a Canadian mineral exploration company listed on
the TSX Venture Exchange under the symbol "CT" and on the OTCQX International
under the symbol "CTIIF". The Company has gold and base metal properties in
Canada and South America. Castillian's flag ship property is the Hope Brook Gold
Project located in southwestern Newfoundland, which has 2.4 million tonnes at
1.48 g Au/t for 590,000 ounces of NI 43-101 compliant indicated mineral
resources and 8.2 million tonnes at 2.07 g Au/t for 548,000 ounces of inferred
mineral resources (see technical report entitled "Updated Mineral Resource
Estimate Technical Report, Hope Brook Gold Project, Newfoundland and Labrador,
Canada", effective October 1, 2012). Castillian has outlined an extensive new
Gold-in-Soil anomaly trend on its Canadian Creek property in the Yukon that is
adjacent to Kaminak's Coffee property.


QUALIFIED PERSONS 

Dr. Bill Pearson, P.Geo., President and CEO of Castillian, who is a qualified
person as defined by NI 43-101, has reviewed and approved the scientific and
technical content of this press release. 


Cautionary Note Regarding Forward-looking Information 

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements regarding exploration prospects.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: general business, economic, competitive, political and social
uncertainties; the actual results of current exploration activities; future
prices of mineral prices; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes and shortages and other risks of the
mining industry. Although the Company has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Castillian Resources Corp.
Rob Hopkins
Investor Relations Manager
416-861-5899
rhopkins@castillian.ca


Castillian Resources Corp.
Bill Pearson
President & CEO
416-861-2968
president@castillian.ca


Castillian Resources Corp.
65 Queen Street West, Suite 815
Toronto, Ontario, Canada
M5H 2M5
www.castillian.ca
Centenera Mining Corporation (TSXV:CT)
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