CuOro Terminates Option Agreement at Barranco de Lobo Property

CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC)(OTCQX:CRUOF) ("CuOro" or
the "Company") has completed its initial assessment of the Barranco de Lobo
project in Colombia. After review it was concluded that the work program
produced mixed results, with some positive indications of mineralization, but
overall the results did not fully meet expectations. 


The Barranco de Lobo project is held pursuant to an option agreement that calls
for further cash payments of US $600,000. The Company has been in negotiations
with the underlying owner seeking an amendment of the quantum and timing of the
option payments. Such negotiations have recently concluded with the owner
demanding payment of the option payments as per the initial contract or a notice
of default would be issued. In light of this, management has recommended and the
Board has approved terminating the option agreement. The Company will be writing
off all capitalized costs.


About CuOro Resources Corp. 

CuOro is a Canadian publicly-listed exploration company with two projects in
Colombia. The company flagship Santa Elena Copper project, located in Antioquia
is prospective for high-grade near surface VMS copper deposits. The current
25,000m drill program is nearing completion with recent results returning assays
of 102.9m at 1.44% Cu, including 14m at 2.9% copper. The Company is well
capitalized and has the right to acquire 100% interest in the Santa Elena
Property. It is managed by an experienced and technical management team residing
in Medellin, Colombia. The long-term growth strategy is to continue identifying
and acquiring new assets in South America with a focus on copper and gold, and
the commitment to upholding the highest environmental and social standards.


On Behalf of the Board of Directors of CuOro,

John Seaman, Director

Forward-Looking Statement

Certain information set forth in this news release may contain forward-looking
statements that involve substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of CuOro Resources Corp.,
including, but not limited to, the impact of general economic conditions,
industry conditions, volatility of commodity prices, risks associated with the
uncertainty of exploration results and estimates and that the resource potential
will be achieved on exploration projects, currency fluctuations, legislative
change, dependence upon regulatory approvals, and the uncertainty of obtaining
additional financing, exploration risk and that the listing on the OTCQX will
increase trading in the U.S. Readers are cautioned that the assumptions used in
the preparation of such information, although considered reasonable at the time
of preparation, may prove to be imprecise and, as such, undue reliance should
not be placed on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CuOro Resources Corp.
Dave Doherty
VP Corporate Development
[phone]
[e-mail]