The Granduc Copper Project is a low risk, high grade, long life past producer restart in an excellent mining jurisdiction with significant exploration potential

Past Producer Restart:

• Long track record of production• 420 MM lbs Cu from 1971-1984• Clean concentrate 29% Cu, Au/Ag credits• Built & operated by Newmont and Esso Resources • Brownfield site

Large Bluesky Potential:

• Multiple resource zones• Over 4 km long strike identified• Strong EM anomaly to the north

Excellent Jurisdiction:

• B.C. provincial process• Low cost power supply• Strong community support in Stewart B.C.• Permitting underway

Straightforward Project:

• Rehab 17km tunnel ($5 million, 4 months)• New mill (8,500 tpd) Mine Rehab (E$400 million, 24

mths)

Symbol: CRI.V

Capital Structure

Share Price: $0.70

Market Cap: $75 million

Shares Issued: 106 million

Fully Diluted: 138 million

52 week hi/low: $0.95 - $0.14

Redeveloping the Granduc

Cash: $11 million

Indicated Resource Inferred Resource

20112011

Tunnel/Mine Rehab

35,000 m drill program

Update NI 43-101

Environmental Studies

20122012

Complete PEA

Initiate Feasibility Study

Permitting Underway

Complete Environmentals

20132013

Underground Rehab

Hydro Contract

Detail Engineering

Begin Construction

Mining OperationsMining Operations

Production Rate 8,500 tpd

Mining MethodsSub Level Cave

Copper Production 80-100 mm lbs Cu Eq /yr.

Fact Sheet Q3 2011

Operating Cash Flow $100 mm/yr @ $3.50 Cu/lb

COMPANY MANAGEMENT

Mike Sylvestre – President & CEO

Lenny Foreht – VP Corporate Development

Brad Leonard – VP Exploration

Eric Szustak – CFO

BOARD OF DIRECTORS

Stephen Shefsky – Executive Chairman

Mike Sylvestre – Director

Lester Fernandez – Director

Tony Croll – Director

Tim Mann - Director

CORPORATE HEAD OFFICE

20 Victoria Street

Suit 800

Toronto, Ontario

M5C 2NB

PH (416) 364-2266

FAX (416) 364-2596

OPERATIONS ADDRESS

617 15 Ave. Stewart B.C.

V0T 1W0

PH (250) 636-2261

www.castleresources.com