Castle Resources Inc.

COMPANY DATA | INTRODUCTION | PROJECT IN HAND | MANAGEMENT
NEWS UPDATE | CHINESE

Address:	20 Victoria Street, Suite 800 Toronto, Ontario Canada M5C 2N8
Tel No.:	(416) 619-0801
Fax No.:	(647) 477-6265
Web Site:	www.castleresources.com
Contact Person:	Maurizio Fava
Position:	VP, Corporate Development

COMPANY DATA

Traded Market:	TSX-V
Traded Symbol:	CRI
Outstanding Shares:	18,311,665
52 Week High:	$ 0.70
52 Week Low:	$ 0.22
Present Price:	Click Here

INTRODUCTION

Castle Resources Inc. is a Toronto-based junior mineral exploration company focusing on the acquisition, exploration and development of high-quality advanced exploration stage targets and advancing these projects to production. The Company's present target is its 100% owned San Ramon high grade silver and base metal project in Zacatecas, Mexico, one of the most prolific silver camps in Mexico and the world.

PROJECT IN HAND

San Ramon Project, Zacatecas, Mexico

The San Ramon Claim Group, located approximately five kilometres northeast of the city of Zacatecas in the Zacatecas mining district, is composed of eight concessions totalling 312.2 hectares. Over the last 450 years this region of Mexico has been one of the most prolific silver producing areas in the world with over 1.5 billion ounces of silver mined. Capstone Mining Corp. continued with this trend in 2006 with the opening of its Cozamin mine on concessions directly adjacent to Castle's properties.

Currently five vein systems have been identified in the northern portion of the San Ramon Claim Group. These are known as La Platosa, Veta Fuerte, San Fernando, San Miguel and El Salvador. The principal mine workings within these claims are located in two main areas, San Ramon and Los Gatos, covering approximately 300 metres of the La Platosa and Veta Fuerte veins. The San Ramon mine workings comprise the San Ramon and Azul shafts approximately 95 metres deep with four subsurface levels. The Azul shaft was refurbished in 2003 and was used to dewater the mine workings for mapping and sampling purposes. This area will be the focus for detailed drilling, testing both vertical and horizontal extensions of the underground workings and providing information for future resource calculations.

Historical resource estimates of the San Ramon project have been reported at 1,100,000 tonnes containing 359 g/t silver, 1.46 g/t gold, 1.27% lead and 2.7% zinc. In addition, it has been reported that during the 1950s, approximately 20,000 tonnes of ore grading 1.0 to 2.0 g/t gold and 400 to 600 g/t of silver were extracted at San Ramon. This historic estimate represents approximately 12.5 million ounces of silver plus the potential of gold, lead and zinc credits. Based on these details the Company's present target is to prove a resource of 10 to 15 million ounces of silver through exploration. The Company notes that these estimates do not comply with existing code under National Instrument 43-101 Standards of Disclosure for Mineral Projects, and refer to Potential Mineralization only.

On May 8, 2007 Castle began its surface exploration of the San Ramon project, with surface mapping and sampling of the five known silver and base metal vein systems. On July 3, 2007, Castle announced the start of a 4,000 metre, 23 diamond drill hole program to test the five known vein systems. The exploration is financed through a $2,000,000 private placement in April 2007.

The exploration program is designed to:

Complete definition drilling in the San Ramon and Los Gatos zones;
Test the continuity between the San Ramon and Los Gatos zones;
Test to the southeast of Los Gatos along strike;
Test the depth of the San Ramon and Los Gatos zones;
Drill test the San Fernando and San Miguel veins;
Conduct geological mapping and sampling of the El Salvador vein;
Conduct reconnaissance mapping and sampling of all claims; and
Provide data for 3D model and planning of future exploration and
development.

San Ramon - 2007 Diamond Drill Program Castle's drill program is designed to:

Complete definition drilling in the San Ramon and Los Gatos zones;
Test the continuity between the San Ramon and Los Gatos zones;
Test to the southeast of Los Gatos along strike;
Test the depth of the San Ramon and Los Gatos zones;
Drill test the San Fernando and San Miguel veins;
Outline resource in the San Ramon and Los Gatos zones;
Test zone between San Ramon and Los Gatos workings;
Detail drilling below Los Gatos workings;
Drill testing below San Ramon and Los Gatos - Intermediate depth; and
Testing to 350 m depth based on data from Cozamin (Capstone).

MANAGEMENT

Castle Resources Inc. has a well management team with experience in different areas.

Stephen Wallace, B.Sc., P.Geo., President & CEO
Mr. Wallace is a professional geologist with 25 years experience throughout Canada and internationally, including management and technical positions with major and junior resource companies. Mr. Wallace is the former country manager for BHP and part of the exploration team responsible for the discovery of the Central Inlier Gold Deposit in Jamaica.

Maurizio Fava, B.Sc., B.Ed., VP, Corporate Development
Mr. Fava has 16 years work experience as a financial consultant and professional investor. He has during his various tenures developed and maintained strategic alliances within both the financial and retail community with aim of providing investor relations and corporate finance for a number of TSXV listed companies. Mr. Fava received his B.Sc. in Mathematics from McMaster University and his B.Ed. from the University of Toronto. Most recently, he has held posts with both United Bolero Corporation and African Gold Group Incorporated. Mr. Fava will concentrate on introducing Castle Resources Inc. to his network of brokers, analysts and money managers, institutional investors and investment bankers. Mr. Fava will also disseminate news releases to specifically targeted investors, brokers, equity managers and financial advisory newsletters; introducing Castle Resources Inc. to a resource-oriented retail, brokerage and money manager community.

Eric Szustak, CA, CFO
Mr. Szustak is a Chartered Accountant with over 23 years of financial service and accounting experience, including 14 years with three national brokerage firms in various positions, including management, securities compliance, as well as a financial consultant and investment advisor.

Board of Directors

Mark Brennan, Chairman
Founding member of Desert Sun Mining with over 20 years financing experience in North America and Europe. Currently President and CEO of Largo Resources Ltd. Founder and principal of Linear Capital Corp. and former President, CEO and Chairman of Admiral Bay Resources.

Stephen Shefsky, Director
Currently President and CEO of Verena Minerals Ltd., a gold exploration company with gold assets in Brazil. Founder and Vice President, Corporate Development, and Director of Silver Bear Resources, Inc. and Chairman of the Board of Directors of Regis Resources Inc., since 1998, an industrial minerals mining company in Ontario, Canada.

Andy Campbell, Director
Over 25 years experience in the mining and exploration industry, including LAC Minerals. Currently Vice President of Largo Resources Ltd.

Tony Croll, Director
Partner at Linear Capital Corp. from 2004 to 2006, partner at Goodrich Capital from 2000 to 2004.

Lester Fernandez, Director
Senior Vice President and CEO of Pivotal Payments since September 2004. Senior Vice President and CFO of Paysystems Corp. since December 2001.

NEWS UPDATE

On August 16, 2007, Castle Resources Inc. reported that Mr. Eric Szustak has joined the Company as its new Chief Financial Officer, subject to regulatory approval.

Mr. Szustak is a Chartered Accountant with over 23 years of financial service and accounting experience, including 14 years with three national brokerage firms in various positions, including management, securities compliance, as well as a financial consultant and investment advisor.

As well, management would like to thank the outgoing CFO, Mr. Anthony Croll, for his efforts and the Company looks forward to his continued service in the role of Director.

On July 3, 2007, Castle Resources Inc. announced the start of a 4,000 metre, 23 diamond drill hole program on the 100% owned San Ramon silver and base metal project in Zacatecas, Mexico.

The diamond drill program in conjunction with the surface exploration program begun in May 2007 is designed to test the five known vein systems in the northern section of the San Ramon Claim Group. These veins known as La Platosa, Veta Fuerte, San Fernando, San Miguel and El Salvador.