CUA

CuOro Resources Corporation (TSX VENTURE:CUA)(FRANKFURT:6BC) ("CuOro" or the
"Company") announces that it has entered into a contract with Crone Geophysics
and Exploration Ltd ("Crone") and that they have arrived on site to conduct a
comprehensive down-hole TEM geophysical survey over the Company's 100% owned
Santa Elena Project, located in the Department of Antioquia, Colombia.


Crone Geophysics has been supplying high quality surveys and consulting for
mineral exploration over the past 40 years. The company has a long and respected
history of innovative research and development of exploration technologies - in
particular transient electromagnetic (TEM) technologies.


The data will be acquired using a Crone Geophysics Borehole TEM system that can
acquire 3D data which consists of the Hz - or axial component - and the Hx and
Hy components. The borehole transient EM method is a time-domain, down-hole
electromagnetic technique capable of detecting conductive mineralization
intersected by the drill hole or lying off-hole. Conductive off-hole EM targets
can be detected within 25m to 100m radius of the drill hole. 


In addition to detecting the presence of conductive mineralization, the
character of the anomalous response observed in a borehole transient EM survey
can be used to determine certain characteristics of the conductor such as shape,
size, position, and attitude. This system is very useful in detecting EM targets
associated with potential VMS type mineralization.


Fixed-loop surface soundings will also be collected over areas of the property
where no drilling exists to-date. This survey will involve reading lines both
within and outside of a large rectangular loop. Both methods will test for the
presence of vertical and sub-vertical conductors, as well flat lying conductors.


The company plans to test all drill holes that are open. Drill holes will be
surveyed immediately after they are finished and any high priority conductors
that are identified will be targeted for follow-up drill testing. The survey
crew is expected to be on site for at least one month. 


To view Figure 1 (Technical Team on-site at Santa Elena project conduction down
the hole EM survey), please visit the following link:
http://media3.marketwire.com/docs/cuorof1.jpg 


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


CuOro Resources at a glance.

We are currently developing two projects in Colombia, the Santa Elena Copper
Project in Antioquia, where we have discovered the presence of four possible
continuous, high-grade close to surface VMS deposits. Our 25,000 m drill program
is well underway with some highlights including completion of 42 drill holes
over 8,000m of drilling with 18 drill holes returning significant mineralization
and DDH-39 intercepting 102.9 m at 1.44% copper including 14 m at 2.9% copper.
Our second project Barranco de Loba Gold Project in Sur de Bolivar is in early
stage exploration were we have identified a north easterly trending geochemical
anomaly and gold bearing artisanal workings that continues over 5 kilometers.
Sampling of historical and active small scale artisanal workings yielded results
indicating the presence of significant gold mineralization with rock chip
samples of six separate artisanal workings veins with values from 6.7 g/t up to
87.5 g/t of Au (True widths not known). The company is well financed with $18M
in the treasury and is managed by an experienced management and technical team
that reside in Medellin, Colombia. Our focus in 2012 will be to continue advance
drilling, study and resource development of the Santa Elena Project, complete
surface exploration and start drilling at the Barranco de Loba Project by third
quarter this year. Our long-term growth strategy is to continue Identifying and
acquiring new assets in Colombia and South America with a focus on copper and
gold with the commit 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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