Membership Secured in Cobalt Institute

The Company plans to capitalize on the connections and knowledge afforded through the exclusive membership in the Cobalt Institute.

Castle Silver Resources Inc. (TSX.V: CSR, OTC: TAKRF, FRANKFURT: 4T9B) (the “Company” or “CSR”) is pleased to announce its entry as an Associate Industrial member of the Cobalt Institute (CI). The announcement coincides with a rebranding initiative of the organization formerly known as the Cobalt Development Institute (CDI).

The Cobalt Institute serves an indispensable role within the cobalt industry by connecting producers, users, recyclers and traders of cobalt. Renowned for its leading role in facilitating research into new applications, and raising the quality of product, the organization uses its mandate to promote responsible and sustainable practices.

CSR considers the values of the Cobalt Institute reflective of the company’s plan to produce responsibly in a Canadian jurisdiction.

As CSR advances its cobalt strategy, anchored by its proprietary Re-2OX process and two past producing mines in northern Ontario’s Cobalt Camp, the Company plans to capitalize on the connections and knowledge afforded through the exclusive membership in the Cobalt Institute. It’s expected that the organization will provide valuable assistance in helping CSR build a reliable supply chain and a path to market. Preparation of samples for key recipients downstream continues.

About Castle Silver Resources Inc.

Castle Silver Resources Inc. (formerly Takara Resources Inc.) is a TSX Venture-listed junior natural resource company focusing on the exploration and development of former silver and cobalt mine properties in northern Ontario including the Castle Silver mine near Gowganda and the Beaver and Violet mines near Cobalt. Additional information on the Company’s properties is available by visiting its website at www.CastleSilverResources.com.

“Frank J. Basa”

Frank J. Basa P. Eng.

President and Chief Executive Officer

For further information, contact:

Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144, or

Wayne Cheveldayoff, Investor Relations, [email protected], 416-710-2410

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.