CuOro Provides Corporate Update

CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC) ("CuOro" or the
"Company") Board of Directors announces that it will not be proceeding with its
option payment of $1-million (U.S.) due on the Santa Elena property in Colombia
and has provided notice of termination to the concession owner. All Santa Elena
capitalized costs will be written off. 


As part of the ongoing strategic review process management is examining a number
of alternatives including investments in new projects, mergers, acquisitions and
other corporate transactions to enhance shareholder value.


CuOro continues debt free with approximately $6.7 million in the Treasury.

About CuOro Resources Corp 

CuOro aims to identify mineral properties that have significant potential to
develop large-scale resources in well-established and mining receptive
jurisdictions such as Colombia. Management looks to leverage its exploration and
development expertise to bring additional value to shareholders and to reduce
development risk and expense through its focus on community relations, corporate
and social responsibility. The Company will continue to look for additional
opportunities that can bring value to the Company and its shareholders. The
company is committed to upholding the highest environmental and social standards
while focusing on delivering the financial growth that its shareholders expect.


For further information regarding CuOro, see CuOro's disclosure documents on
SEDAR at www.sedar.com.


On Behalf of the Board of Directors of CuOro,

John Seaman, President & CEO

Forward Looking Statement 

Statements contained in this news release that are not historical facts
constitute "forward-looking statements" or "forward-looking information" within
the meaning of applicable securities laws and are based on expectations,
estimates and projections as of the date of this release. Forward-looking
statements include, without limitation, possible events, statements with respect
to possible events, the future price of gold and silver, the realization of
mineral resource estimates and success of exploration activities. The words "is
expected" or "estimates" or variations of such words and phrases or statements
that certain actions, events or results "may" or "could" occur and similar
expressions identify forward-looking statements. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that, while
considered reasonable by the Company as of the date of such statements, are
inherently subject to significant business, economic and competitive
uncertainties and contingencies. The estimates and assumptions of the Company
contained in this release which may prove to be incorrect, include, but are not
limited to, (1) the discovery and expansion of mineral resources on the
Company's Property being consistent with the Company's current expectations; (2)
the implementation of Colombia's mining law and related regulations and policies
being consistent with the Company's current expectations; (3) certain price
assumptions for gold and silver. 


Known and unknown factors could cause actual results to differ materially from
those projected in the forward-looking statements. Such factors include, but are
not limited to: fluctuations in the spot and forward price of gold or certain
other commodities; changes in national and local government legislation,
taxation, controls, regulations and political or economic developments in
Canada, Colombia or other countries in which the Company does business or may
carry on business in the future; business opportunities that may be presented
to, or pursued by, the Company; operating or technical difficulties in
connection with mining activities; the speculative nature of gold exploration
and development, including the risks of obtaining necessary licenses and
permits; diminishing quantities or grades of reserves; and contests over title
to properties, particularly title to undeveloped properties. In addition, there
are risks and hazards associated with the business of gold exploration,
development and mining, including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion
losses (and the risk of inadequate insurance, or the inability to obtain
insurance, to cover these risks). Many of these uncertainties and contingencies
can affect the Company's actual results and could cause actual results to differ
materially from those expressed or implied in any forward-looking statements
made by, or on behalf of, the Company. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Forward-looking statements are provided for the purpose of providing information
about management's expectations and plans relating to the future. All of the
forward-looking statements made in this release are qualified by these
cautionary statements and those made in our other filings with the securities
regulators in Canada. These factors are not intended to represent a complete
list of the factors that could affect the Company. Although the Company believes
that the expectations in the forward-looking statements are reasonable, actual
results may vary, and future results, levels of activity, performance or
achievements cannot be guaranteed.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Apex Capital Inc.
Brett Allan
Investor Relations
[phone]
[e-mail]