Castle Peak Mining Ltd. ("Castle Peak" or "the Company") (TSX VENTURE:CAP) is
pleased to announce that drilling has started on the newly named Akorade Project
(translates to "treasure" in Ghana's Twi language), which comprises all seven of
the Company's adjoining mineral concessions in the southern Ashanti belt in
Ghana, West Africa. Initial drilling is taking place on the Apankrah Mine
structure on the Nkwanta property, where artisanal miners have historically
exploited approximately 120 metres ("m") of this structure down to depths of
40m. Previous grab sampling programs sampling along strike of the Apankrah Mine
structure returned values ranging from 0.02 grams per ton ("gpt") to 38.6gpt
gold; limited sampling of the immediate hanging and footwall returned values
ranging from 0.18 to 0.33gpt gold. Drilling will evaluate shallow to moderate
depths across the previously untested alteration haloes crossing the known
Apankrah and previously identified parallel structures. 


Preparatory work for drill evaluation is now underway on the Nana structures, a
target defined by part of the Apankrah Main soil anomaly (2,000m x 400m) located
to the northwest (see Figure 1 for locations of both Apankrah Mine and Nana
structures). The Nana structures have also been exploited by artisanal workers
with excavations on the order of 100m in strike length. The two sub parallel
structures, approximately 50m apart, that define this target have returned grab
samples from previous sampling programs that ranged from less than 0.01gpt to
163gpt gold. 


The Company continues work on the airborne geophysical survey (magnetics, VTEM,
radiometrics) over the entire land package, and has completed 1,188 kilometres
("km") of the planned 3,425km survey. Geometry and mechanical issues have
affected production however these issues appear to have been resolved and
production flying has recently been re-initiated. The Company is also receiving
assay results from target generation auger drilling on Ayiem, Kedadwen, Bonsaso
and Dompem.


Qualified Person(s)

Castle Peak's technical disclosure in this news release has been reviewed and
approved by Darren Lindsay, P.Geo., Castle Peak's President and CEO, who serves
as a Qualified Person under the definition of National Instrument 43-101 ('NI
43-101'). Quality assurance and quality control procedures currently being
established include the systematic insertion of blanks, standards and duplicates
into the sample stream either in the field or at the Lab; samples are placed in
sealed bags and are delivered to Intertek Mineral Services (previously
Transworld) Laboratories in Tarkwa, Ghana. The Castle Peak projects are early
stage exploration properties and do not contain any mineral resources as defined
by NI 43-101. 


About Castle Peak

Castle Peak Mining Ltd. is a Canadian-based exploration and development company
focused on advancing greenfields and early stage gold projects. The Company
holds a strategic land package in the Ashanti belt adjacent to several producing
gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most
prolific gold belts in the world with over 150 million proven ounces uncovered
and current investment in excess of $2.5 B USD. Castle Peak is now executing an
aggressive Phase I exploration program on identified gold targets. 


On behalf of the Board of Castle Peak Mining Ltd.:

Darren Lindsay, President and Chief Executive Officer

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements. Such forward-looking
statements are subject to known and unknown risks, uncertainties and assumptions
that could cause actual results to vary materially from targeted results the
results or events predicted in these forward-looking statements. As a result,
investors are cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements contained in this news release are
made as of the date of this release. Except as required by applicable law,
Castle Peak disclaims any intention and assumes no obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise. 


To view Figure 1 please click on the following link:
http://media3.marketwire.com/docs/CAP0427.pdf
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