🕐03.08.11 - 17:27 Uhr

164M OF 0.36% CU AND 0.09 G/T AU INTERSECTED BY CRAZY HORSE RESOURCES






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164M of 0.36% Cu and 0.09 g/t Au intersected by Crazy Horse Resources

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HIGHLIGHTS:

- CZT029 intersects 324.5m of 0.27% Cu, 0.04 g/t Au and 0.94 g/t Ag from 23.5m to 348m

- CZT037 intersects 144m of 0.34% Cu, 0.10 g/t Au and 1.44 g/t Ag from 142m to 286m

- CZT042 intersects 541.4m of 0.24% Cu, 0.08 g/t Au and 0.78 g/t Ag from 36m to 577.4m including 164m of 0.36% Cu, 0.09 g/t Au, 1.14 g/t Ag from 286 to 450m

- The deposit remains open and drilling continues with six diamond drill rigs.

MANILA, PHILIPPINES--(Aug. 3, 2011) - Crazy Horse Resources Inc. (TSX VENTURE:CZH)(OTCQX:CRZHF) (the "Company") a Philippines based mineral exploration company, announces assays from the 29th to the 44th drill holes of the feasibility drilling program on its Taysan copper-gold porphyry project.

Robert Pease, Chairman of Crazy Horse states, "The on-going positive results further substantiate the Taysan deposit as a reliable, predictable and growing deposit. A very low waste to ore ratio and proximity both to port and to end-users, gives this low-grade deposit a significant competitive advantage for low cost copper production".

Highlights of Drill Results

On section 19160N, drill hole CZT042 (intersecting 541.4m of 0.24% Cu, 0.08 g/t Au and 0.78 g/t Ag from 36m to 577.4m, including 164m of 0.36% Cu, 0.09 g/t Au, 1.14 g/t Ag from 286 to 450m) confirms the deeper continuation (from 252m � 398m) of the "Taysan Breccia", a magmatic hydrothermal breccia unit occurring at the top of mineralised diorite porphyry intrusives. Taysan Breccia usually occurs in close proximity to quartz magnetite veining and the two styles probably form a continuum of potassic alteration.

On section 19200N, drill hole CZT029 (intersecting 324.5m of 0.27% Cu, 0.04 g/t Au and 0.94 g/t Ag from 23.5m to 348m) is a deep drill hole to the base of the 24 year pit design. CZT029 confirms the existence of copper mineralization from the base of tuff (20m thick) to 612m which corresponds with the known extent of copper mineralization below the 24 year pit design.

On section 19520N, drill hole CZT037 (144m of 0.34% Cu, 0.10 g/t Au and 1.44 g/t Ag from 142m to 286m) intersected Taysan Breccia and the associated quartz magnetite and sulphide veins containing higher grade copper and gold mineralization. This drill hole is mineralised to the end of hole where 21m of 0.28% Cu, 0.11 g/t Au, 0.73 g/t Ag and 29ppm Mo was encountered from 376 to 397m, which corresponds well with assays from drill hole CZT001.

A summary of the results from holes CZT029 to CZT044 is as follows:

Drill
Hole
No From To Interval Cu
(%) Au
(g/t) Ag
(g/t) Mo
(g/t) Cutoff
Cu (%) CZT029 23.50 348.00 324.50 0.28 0.05 0.98 50 0.1 including CZT029 92.00 106.00 14.00 0.44 0.09 0.83 403 0.3 and incl CZT029 94.00 96.00 2.00 0.72 0.12 0.90 2054 0.7 including CZT029 126.00 152.00 26.00 0.40 0.05 1.84 72 0.3 including CZT029 188.00 194.00 6.00 0.34 0.02 1.00 36 0.3 including CZT029 214.00 242.00 28.00 0.33 0.03 1.11 23 0.3 including CZT029 252.00 296.00 44.00 0.32 0.03 0.89 22 0.3 including CZT029 316.00 322.00 6.00 0.40 0.10 1.90 11 0.3 CZT029 364.00 612.00 248.00 0.24 0.08 0.56 28 0.1 including CZT029 368.00 420.00 52.00 0.37 0.13 1.07 23 0.3 andincl CZT029 382.00 384.00 2.00 0.93 0.043 1.9 22 0.7 CZT029 460.00 466.00 6.00 0.32 0.10 0.57 82 0.3 CZT030 72.00 232.00 160.00 0.20 0.08 0.77 33 0.1 including CZT030 174.00 180.00 6.00 0.33 0.13 1.07 17 0.3 including CZT030 194.00 200.00 6.00 0.33 0.12 1.23 47 0.3



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