Castle Resources Inc. (TSX VENTURE:CRI) ("Castle" or the "Company") is pleased
to provide investors an update on operations at the Granduc Copper Project near
Stewart, British Columbia.


"I am pleased to report the completion of a very successful operating field
season at the Granduc Copper Project," stated Mr. Mike Sylvestre, President &
CEO of Castle Resources Inc. "We achieved all of our objectives, notably
completing a significant 24,000 metre drill program, furthering underground
rehabilitation and comprehensive baseline environmental data collection. Our
efforts continue to underscore the past producing Granduc is a fast growing
high-grade copper story, with robust infrastructure in place in a mine-friendly
jurisdiction." 


24,000 Meter Drilling Program Completed:

Castle's surface program was initiated in late May and was completed in early
Sept. It was a two-part program, focused on; A) completing drilling on the South
Zone, an area of rich mineralization that was initially drilled in 2011, and B)
expanding the North Zone inferred copper resource identified by historical
drilling and three positive 2011 holes. 


South Zone drill targets were specifically focused on increasing the density of
drilling at depth where several 2011 holes had encountered wide intersections of
above average (1.26% Cu) copper grades. Initial assay results already published
(see Castle press release dated July 16, 2012) confirm this trend continues. In
addition, South Zone drilling focused on shallow, closer to surface targets,
notably areas of mineralization above the current NI 43-101 compliant resource.
Assays results from these holes are to be made public in the coming weeks.


North Zone drilling was focused on gaining a much better understanding of the
orientation and potential size of copper mineralization first discovered by the
previous operators of the Granduc mine, but which was never fully explored or
delineated. A program of systematic step-out holes was completed this year,
begun where successful 2011 Castle drilling encountered high-grade intersects
and continued northward at roughly 100 metre centers, testing both shallow and
deeper targets. Assay results from this later stage program will be published in
the coming months.


Underground Rehabilitation:

Castle again engaged Procon Mining & Tunneling to continue work in the mine,
following the successful rehabilitation of the 17 km long haulage tunnel in
2011. The scope of Procon's contract was to recondition workings on the main
2600 level, remove sections of old rail, establish drainage, install
ventilation, communications and power. 


Environmental Baseline:

Diversified environmental baseline studies have been in progress this year at
the Granduc, with a focus on geochemistry, water quality, hydrology, fisheries
and aquatic biota, social, and economic disciplines, to name a few. The bulk of
the environmental program work is expected to occur in 2013. It is anticipated
that Castle's Granduc Copper Project will likely enter the B.C. Environmental
Assessment process in Q4 of 2012.


About Castle Resources

Castle is a Toronto-based junior mineral development company focused on the
exploration and redevelopment of the 100% owned past producing Granduc Copper
Mine. Castle currently has 173 million shares outstanding.


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.
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