CUA

A correction from source is issued with respect to the release issued January
10, 2012 03:00 ET. In the highlights section, the first bullet point should have
read as "102.9 metres @ 1.44% Cu, 0.07 g/t Au, 2.4 g/t Ag and 0.23% Zn
including;" and not "102.9 metres @ 1.44% Cu, 0.7 g/t Au, 2.4 g/t Ag and 0.23%
Zn including;".  The correct release is as follows:


CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC) ("CuOro" or the
"Company") is pleased to announce drill results from 12 additional drill holes
from its 100% owned Colombian Santa Elena Copper-Gold Project. 


Highlights:



--  Hole SEDDH-39 intercepted: 
    --  102.9 metres @ 1.44% Cu, 0.07 g/t Au, 2.4 g/t Ag and 0.23% Zn
        including; 
    --  30.0 metres @ 2.06% Cu, 0.12 g/t Au, 4.8 g/t Ag, and 0.28% Zn and
        including; 
    --  25.0 metres @ 1.98% Cu, 0.07 g/t Au, 2.8 g/t Ag, and 0.15% Zn.
--  Additional mineralization intercepted on the following holes: 
    --  SE-DDH-37: 21.0 metres of 1.61% Cu, including 9.0 metres of 2.41%
        Cu. 
    --  SE-DDH-29: 2.0 metres of 1.62% Cu. 
    --  SE-DDH-26: 6.9 metres of 1.94% Cu.



TABLE 1: DRILLING ASSAY RESULTS 



----------------------------------------------------------------------------
                                    Intercept                               
                          Total                                             
          Azimuth    Dip  Depth   From     To Interval   Cu    Au    Ag   Zn
Hole ID    (Deg.) (Deg.)    (m)    (m)    (m)      (m)    % (g/t) (g/t)  (%)
----------------------------------------------------------------------------
SE-DDH-26     270    -60 212.80   13.8   17.9      6.9 1.94  0.09   4.7 0.06
----------------------------------------------------------------------------
SE-DDH-29      90    -45 182.30  103.0  117.0     14.0 0.37  0.04   2.3 0.09
----------------------------------------------------------------------------
including                        103.0  105.0      2.0 1.62  0.17  13.3 0.55
----------------------------------------------------------------------------
SE-DDH-37     115    -45  202.5  125.0  146.0     21.0 1.61  0.14   2.5 0.22
----------------------------------------------------------------------------
including                        125.0  134.0      9.0 2.41  0.16   4.4 0.39
----------------------------------------------------------------------------
SE-DDH-39     190    -55    150   30.6  133.5    102.9 1.44  0.07   2.4 0.23
----------------------------------------------------------------------------
including                         30.6   60.6     30.0 2.06  0.12   4.8 0.28
----------------------------------------------------------------------------
and                               95.0  120.0     25.0 1.98  0.07   2.8 0.15
----------------------------------------------------------------------------
SE-DDH-41     220    -45    150   31.0   37.0      6.0 0.47  0.04   1.4 0.16
----------------------------------------------------------------------------



NOTE: SE-DDH-27, SE-DDH-28, SE-DDH-30 to SE-DDH-36, SE-DDH-38, SE-DDH-40 drill
holes did not return any significant values. All widths represent downhole core
lengths and the true widths are unknown at this stage.


Drilling update

Drilling has resumed after the holiday break and the company currently has two
drill rigs operating on the property and is conducting a 25,000-metre Phase 1
drill program. A total of 42 drill holes (See Figure 1) have now been completed
to date with approximately 8,000 metres drilled. 


Drilling is continuing over favourable geological zones and interpreted
geophysical anomalies in the Northern portion of the current exploration area.
Once drilling has been completed in the Northern area, the drill rigs will be
moved to the central portion of the planned grid and systematic fence drilling
will begin between the TEM-1 and TEM-4 anomalies over a length of 800 metres.


Drill hole SE-DDH-039 was drilled approximately 75 metres north and above the
TEM-1 outcrops in a southerly direction. The hole was orientated in such a
manner as to test the down dip continuity of the massive sulfide body. Two
distinct massive sulphide zones were encountered, with sulphide stringer zones
located both in between and below the two zones. 


Drill holes SE-DDH-29 and SE-DDH-37 were drilled approximately 100 metres east
of SE-DDH-39. Drill hole SEDDH-26 was located approximately 30 metres north of
the end of the Santa Elena exploration tunnel. Previous assays results from this
platform returned favorable results. This platform location also coincides with
a large IP anomaly. 


The arrival of a third drill rig is expected in late January - early February.
As stated in the company's previous press release, a smaller man-portable unit
will be utilized to allow for more efficient, cost effective and environmentally
friendlier access to certain areas on the Santa Elena property. The use of
smaller man-portable equipment will not require the building of access roads or
the cutting down of trees and will expedite testing of drill targets located in
more densely forested areas. 


Exploration Update

The 2012 field season has begun and the company is aggressively mapping and
sampling the property in detail. 


The company has contracted Crone Geophysics and Exploration Ltd. to conduct
down-hole pulse EM surveys and fixed-loop surface surveys. Down hole
measurements will be made at 5 to 10 metre intervals to identify conductive
off-hole targets. This survey will complement ongoing exploration efforts at
Santa Elena and has historically been very useful in the discovery and
development of VMS deposits. 


Robert Sedgemore, President and CEO, commented: "We continue to deliver positive
drill results at Santa Elena with drill hole 39 delivering an impressive
intercept of over a 100m at 1.44% Cu, this provides further indication of a
high-grade near surface copper deposit at Santa Elena."


To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/cua0110fig1.pdf.


QA/QC

Sampling of the diamond drilling, and sample preparation, were performed by
CuOro personnel and were carried out under strict protocols. Samples were taken
every 1m and split in half to yield seven to ten kilogram samples. Drill sample
recovery was generally in excess of 90%. CuOro has a rigorous QA/QC program to
control the chain-of-custody of samples and the insertion of blanks, duplicates,
and certified reference standards in each batch of samples. Samples were sent to
SGS in Medellin where they were dried, crushed, pulverized. After preparation of
the samples they were sent to SGS in Lima and assayed. All gold assays were
obtained by standard 50g fire assaying with AA finish. All copper, silver, and
zinc assays reported in the press release were obtained by four-acid dissolution
followed by ICP measurement. 


The above information has been prepared under the supervision of Michel Rowland,
P.Geo., who is designated as a "Qualified Person", and who has reviewed the
information and has verified the authenticity and validity of the data. 


About CuOroResources Corp.

CuOro's growth strategy has been to identify mineral properties that have
significant potential to develop large scale resources in well-established and
mining friendly districts such as Colombia. Management looks to leverage its
exploration and development expertise to bring additional resources and value to
shareholders and to reduce development risk and expense through its focus on
community relations, corporate and social responsibility. With approximately
$18.5 million in the treasury, the Company will continue to look for additional
opportunities that can bring value to the Company and its shareholders through
its approach to business. The company is committed to upholding the highest
environmental and social standards while focusing on delivering the financial
growth its shareholders expect.


For further information regarding CuOro, see CuOro's disclosure documents on
SEDAR at www.sedar.com.


On Behalf of the Board of Directors of CuOro,

Robert Sedgemore, President & CEO

Forward-Looking Statement

Statements contained in this news release that are not historical facts
constitute "forward-looking statements" or "forward-looking information" within
the meaning of applicable securities laws and are based on expectations,
estimates and projections as of the date of this release. Forward-looking
statements include, without limitation, possible events, statements with respect
to possible events, the future price of gold and silver, the realization of
mineral resource estimates and success of exploration activities. The words "is
expected" or "estimates" or variations of such words and phrases or statements
that certain actions, events or results "may" or "could" occur and similar
expressions identify forward-looking statements. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that, while
considered reasonable by the Company as of the date of such statements, are
inherently subject to significant business, economic and competitive
uncertainties and contingencies. The estimates and assumptions of the Company
contained in this release which may prove to be incorrect, include, but are not
limited to, (1) the discovery and expansion of mineral resources on the
Company's Property being consistent with the Company's current expectations; (2)
the implementation of Colombia's mining law and related regulations and policies
being consistent with the Company's current expectations; (3) certain price
assumptions for gold and silver.

 Known and unknown factors could cause actual results to differ materially from
those projected in the forward-looking statements. Such factors include, but are
not limited to: fluctuations in the spot and forward price of gold or certain
other commodities; changes in national and local government legislation,
taxation, controls, regulations and political or economic developments in
Canada, Colombia or other countries in which the Company does business or may
carry on business in the future; business opportunities that may be presented
to, or pursued by, the Company; operating or technical difficulties in
connection with mining activities; the speculative nature of gold exploration
and development, including the risks of obtaining necessary licenses and
permits; diminishing quantities or grades of reserves; and contests over title
to properties, particularly title to undeveloped properties. In addition, there
are risks and hazards associated with the business of gold exploration,
development and mining, including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion
losses (and the risk of inadequate insurance, or the inability to obtain
insurance, to cover these risks). Many of these uncertainties and contingencies
can affect the Company's actual results and could cause actual results to differ
materially from those expressed or implied in any forward-looking statements
made by, or on behalf of, the Company. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Forward-looking statements are provided for the purpose of providing information
about management's expectations and plans relating to the future. All of the
forward-looking statements made in this release are qualified by these
cautionary statements and those made in our other filings with the securities
regulators in Canada. These factors are not intended to represent a complete
list of the factors that could affect the Company. Although the Company believes
that the expectations in the forward-looking statements are reasonable, actual
results may vary, and future results, levels of activity, performance or
achievements cannot be guaranteed.

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