Castle Peak Mining Ltd. reported the final 2012 drill results from the follow up drill program at the Apankrah target on the Company's Akorade project in the southern Ashanti belt, Ghana, West Africa. The compilation and understanding of these results will provide the basis for unlocking additional value with selective exploration programs in 2013. Apankrah Shoot has now been intersected with a total of 12 drill holes with an average intercept length of 6.6 metres ('m') and an average grade of 5.7 grams per tonne ('g/t') gold ('Au') (bonanza grades in hole NKD022 capped to 50 g/t Au).

Apankrah structure, open in all directions, is host the to the Apankrah Shoot which has an average strike length of over 100m and is open in all directions and has been traced approx. 300m down plunge and remains open at depth. Drill hole NKDDH029, a roughly 50m step-out down dip of NKDDH022 (a drill hole which returned, uncut, a 6.0 m interval grading 80 g/t Au - August 14, 2012 press release), returned a narrow alteration zone hosting a 3.0 m interval grading 11.58 g/t Au, including 1.1 m of 30.5 g/t Au.

Drill hole NKDDH030, a roughly 50m step-out down plunge of NKDDH022, returned a greater than 13m alteration zone hosting 5.0 m of 8.49 g/t Au, including 1.5 m of 10.2 g/t Au. Drill hole NKDDH031, an approximate 50m step-out down dip of NKDDH029, returned two alteration zones of 10m scale. The shallower alteration zone hosts poorly developed Apankrah Shoot style mineralization, carbonate, pyrrhotite, pyrite and silica, and returned 4.0 m of 3.28 g/t Au, including 1.0m of 6.94 g/t Au.

Of importance was the observation of a number of low to moderate angle fault zones indicating that the area is geologically more complex than initially interpreted. Drill hole NKDDH032, an approximate 50m step-out down plunge of NKDDH029 (100m down plunge step-out from NKDDH022), returned a single poorly developed alteration corridor of roughly 20m width hosting weak mineralization returning 5.34m of 0.3 g/t Au. Similar faulting to that observed in NKDDH031 was also observed in this drill hole.

Drill hole NKDDH033 was completed between NKDDH022 and NKDDH030. A number of alteration zones were intersected ranging from 1.1m to greater than 15m in core length. The largest alteration zone hosted Apankrah Shoot style mineralization returning 7.0m of 0.64 g/t Au.

Given the coarse nature of the gold observed in the Apankrah structure it can be expected that some intercepts, although exhibiting the expected style of mineralization, may return values lower than anticipated. The mineralized structure is defined by an assemblage of silica, carbonate, pyrrhotite, pyrite and gold with the highest grades correlating directly to the presence of visible gold. This structure, along with the parallel Nana structure and third un-named structure, are hosted in a package of poorly understood Birimian mafic metavolcanic rocks and are currently interpreted to be roughly parallel to flow contacts.