CT Centenera Mining Corporation

Castillian Resources Corp. (TSX:CT)(OTCQX:CTIIF ) entered into an agreement
yesterday to grant Ryan Gold Corp. the option to acquire a 10% working interest
in the Hope Brook Gold Property located in southwest Newfoundland (the
"Property"). 


Ryan Gold will acquire this working interest after incurring aggregate
exploration expenditures on the Property in the amount of $2,000,000 by December
31, 2012. Upon Ryan Gold acquiring this interest, Castillian and Ryan Gold will
enter into a joint venture agreement whereby each company will contribute to
further expenditures on the Property in proportion to their respective joint
venture interests. 


As part of this agreement, Ryan Gold has an option to transfer its 10% working
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 $0.05. At any time after June 30,
2013 and 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 that number of
Castillian shares that is equal to the Expenditures divided by $0.05. 


The transaction remains subject to the exercise by Castillian of its option to
acquire a 100% interest in the Property, which Castillian expects to be
completed this week, and other customary closing conditions, including the
approval of the TSX Venture Exchange. 


Dr. Bill Pearson, President and Chief Executive Officer of Castillian, stated:
"I am very pleased to have entered into this option agreement with Ryan Gold. I
continue to believe that Hope Brook holds great potential and the $2,000,000 we
will spend in the coming two months will enable Castillian to make significant
progress in further defining the potential at Hope Brook, as well as continuing
to expand existing mineral resources. We have two rigs currently on the Property
with a third rig to be added soon and have structured a very exciting drill
program that will begin immediately on closing of the option agreement."


Castillian also announces that it has entered into a bridge loan agreement with
Dr. Bill Pearson whereby Dr. Pearson has lent $250,000 to Castillian. The loan
matures on December 31, 2012, carries an interest rate of 15% per annum and will
be used by Castillian to make the remaining cash payments required to exercise
its option on the Property and for general corporate purposes. 


QUALIFIED PERSON

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. 


ABOUT CASTILLIAN

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 590,000 ounces of NI
43-101 compliant indicated mineral resources and 548,000 ounces of inferred
mineral resources. 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
Sugar Gold-in-Soil trend.


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 and
timing of future exploration. 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.
65 Queen Street West, Suite 815
Toronto, Ontario, Canada
M5H 2M5


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
www.castillian.ca

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