September 2009 Quarterly Report

Castle Minerals is pleased to announce the release of its September 2009 Quarterly Report.

To view the complete report please follow the link at the bottom of this email.

Wa Project
-Soil geochemistry sampling program has commenced along the 80km long Jang Fault structure
-Ground reconnaissance, mapping and 5,000 sample geochemistry program along the 40km long Batie West structure to commence first week of November
-RC and diamond drilling at the Julie West deposit and related quartz vein targets scheduled to commence November/December
-185 RC drill samples from the Julie West deposit were submitted for 1kg Bulk Leaching Extractable Gold (BLEG) analysis over 36 hours with following outcomes;
--High grade assays up to 213g/t and 199g/t gold were returned compared to previous fire assay analysis that reported 30.9g/t and 71.9g/t gold respectively
--Average cyanide recoverable gold over 36 hrs was 91% with additional leach time likely to achieve enhanced recoveries
--A 200kg bulk metallurgical sample collected from surface outcrop has arrived in Perth for column leach testing by AMMTEC.

The sample has reported a composite master head grade of 9.55g/t gold.

Leach testwork is underway

Akoko Project
-RC Drilling southern extension of Akoko North deposit and RC drilling Akoko West +1,000ppb gold anomaly scheduled to commence first week of November

Corporate
-In October commitments from institutional and sophisticated investors were received for the issue of 15 million ordinary shares in Castle at a price of $0.15 per share raising a total of $2.25 million

September 2009 Quarterly Report