castle resources inc (CUNCF) Snapshot

Castle Resources Inc. announced the findings of a recent 3D geophysical analysis conducted on Castle's entire land package in northwest B.C., anchored by the past producing Granduc Copper Project. Preliminary 3D inversion modeling and interpretation of the 2010 airborne Aeroquest AeroTEM III geophysical survey data by the consulting firm Caracle Creek International Consulting Inc, made the following observation concerning two new electro-magnetic (EM) conductive bodies, known as the North EM Zone and Tunnel EM Zone. North EM Zone: an extensive conductor has been identified along the southern face of the area roughly 3.5 km north east of the JK Zone (termed the North EM Conductor). This feature trends north-south, exhibits a conductivity greater than 13 mS/m and extends over a strike length exceeding 2 km, dipping approximately 15 degrees to the south. This feature extends to surface at location (NAD 83 UTM Zone 9) 419235 E, 6234560 N, and the majority of the feature begins 200 m below surface, representing a potential near-surface drill target. This conductive feature is located within a magnetic low and bounded to the east by a magnetic high (0.01 nT). Tunnel EM Zone: a moderate EM conductor (5-7 mS/m) has been modeled at 10 km along the Tunnel (as measured from the eastern portal entrance). This conductive feature trends north-south over a 1.2 km strike length and is positioned 200 ­ 400 m above the tunnel itself. The feature dips approximately 30 degrees to the northeast and has been modeled as doubly-plunging to the southeast (20 degrees) and northwest (25 degrees). This conductive feature is located within a magnetic low (less than 0.002 nT).

Castle Resources Inc. filed its Annual on Jan 25, 2013 for the period ending Sep 30, 2012. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Castle Resources Inc., Annual General Meeting, Mar 26, 2013., at 10:00 Eastern Daylight. Location: offices of WeirFoulds LLP, Mason Room. Agenda: To receive and consider the audited consolidated financial statements of the corporation for the financial period ended September 30, 2012, together with the auditors' report thereon; to elect the directors of the corporation; to reappoint McGovern, Hurley, Cunningham LLP, Chartered Accountants, as the auditors of the corporation to hold such office until the close of the next annual meeting of Shareholders and to authorize the directors of the corporation to fix the auditors' remuneration; to consider and, if thought advisable, approve an ordinary resolution of Shareholders approving for the ensuing year the corporation's stock option plan, reserving for grant options to acquire up to a maximum of 10% of the issued and outstanding shares of the corporation calculated at the time of each stock option grant; and to transact such other business as properly may be brought before the Meeting or any adjournment or adjournments thereof.