CCT Capital Ltd. (the "Company") (TSX VENTURE:CCW) announces that, further to
its news release of September 1, 2010, it has terminated a non-binding letter of
intent dated August 10, 2010 (the "LOI") with an Amex listed mineral exploration
company (the "Vendor") to acquire 100% of the Vendor's leasehold interest (the
"Interests") in a number of gold/silver contiguous unpatented lode mining claims
and four patented mining claims in the State of California (the "Project").


Under the terms of the LOI, the Company contemplated purchasing all of the
Interests for consideration of a cash payment of US$4,000,000 and issuance of
common shares in its capital stock in such number as is equivalent to
US$8,000,000, calculated using the issue price of a private placement financing
to be completed on or before the time of closing of the acquisition (the
"Payment Shares"). The transaction would have constituted a reverse take-over
under the policies of the TSX Venture Exchange (the "Exchange").


The Company is currently reviewing other opportunities.

About CCT Capital Ltd.

CCT Capital Ltd. is a Canadian based exploration stage company. The principal
business of the Company is the acquisition and exploration of mineral
properties.


ON BEHALF OF THE BOARD

Laurie Sadler, President & CEO
Canada Silver Cobalt Works (TSXV:CCW)
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