Cuoro Provides an Update on Its Barranco De Loba Gold Project

CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC) "CuOro" or the "Company"
is pleased to provide an update on its ongoing exploration at its Barranco de
Loba gold project, in the highly prospective San Lucas Gold Belt of Bolivar
Department, Colombia, South America. 


Reconnaissance exploration fieldwork continues over the 3,976 hectare land
package to identify and define drill targets. The Company recently initiated a
geochemistry sampling program, consisting of collecting rock chip samples,
stream sediment samples and soil samples. The soil samples are being collected
over a 3km x 3km area with samples collected on a 200m x 200m grid spacing. To
date the company has collected 228 soil samples and 106 rock chip samples.


A total of 40 mineralized veins inside historical artisanal mine adits have been
identified and sampled. An average grade of 9.8 g/t Au was encountered over 10
mineralized veins sampled in five different locations where the true width of
veins varies from 0.1 meters to 1.2 meters: Cerro Talide, Cerro Jerez, Chunga,
Cerro Nuvia, and Saballanes. Highlights from these samples include:




--  31.6 g/t Au from Cerro Talide, 
--  20.4 g/t Au from Cerro Jerez, 
--  10.2 g/t Au from Saballanes. 

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                                        True                                
Sample UTM East UTM North Au (g/t)     Width    Location         Description
----------------------------------------------------------------------------
B001823  602582    958967      6.6     10 cm      Talide                Vein
----------------------------------------------------------------------------
B001872  602735    958204      5.3     15 cm      Talide     Vein Qtz+Fe Oxd
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B001849  604462    959062      3.8        NA  Saballenes           Wall Rock
----------------------------------------------------------------------------
B001848  604462    959062     10.2    120 cm  Saballanes                Vein
----------------------------------------------------------------------------
B001851  601148    958464      5.7     58 cm      Chunga                Vein
----------------------------------------------------------------------------
A002159  601143    958479      3.2     60 cm      Chunga  Qtz Vein Py+Ga+Sph
----------------------------------------------------------------------------
B001833  601848    959169      5.6     13 cm       Nuvia                Vein
----------------------------------------------------------------------------
B001844  602773    959150     31.6     15 cm       Nuvia                Vein
----------------------------------------------------------------------------
B001862  601173    956186     20.4     16 cm       Jerez                Vein
----------------------------------------------------------------------------
B001858  601165    957411      6.1     50 cm       Jerez                Vein
----------------------------------------------------------------------------



To date, the reconnaissance exploration program has been successful in
identifying two main areas of interest that are now subject to ongoing and more
detailed exploration. Geochemical sampling in these areas is currently being
carried out over 100m X 100m grids. Currently 15% of the concession has been
geologically mapped. 


CuOro Resources President & CEO, Robert Sedgemore stated, "We are very pleased
with the initial sampling results from the Barranco project that confirm that we
are in a high-grade gold district. We are in the process of defining drill
targets and expect to begin drilling later this year."


Once the reconnaissance soil and stream sampling program has been completed the
data will be analyzed and any favorable areas will be sampled further with soil
samples collected on a 50m grid spacing and the 3km x 3km area will also be
surveyed with geophysics, consisting of induced polarization and resistivity
surveys, ground magnetic surveys, and very low frequency (VLF) surveys to
further help define potential drill targets. Once targets have been defined and
prioritized, a drill rig will be mobilized to site.


QA/QC

Sampling was performed by CuOro personnel and carried out under strict
protocols. Samples were taken 50cm below the surface to yield a 2Kg sample.
Samples were sent to ALS Laboratories in Medellin where they were dried,
crushed, and pulverized. After preparation, the samples were sent to ALS
Laboratories in Lima, Peru and assayed. All gold assays were obtained by
standard 50g fire assaying with atomic absorption finish. All other elements
were obtained by four-acid dissolution followed by ICP measurement. 


Barranco de Loba

CuOro has an option to earn 100% of the 3,976 hectare Barranco de Loba gold
exploration project located approximately 35km south of Barranco de Loba in the
San Lucas Gold Belt in the south of Bolivar Department, Colombia. The San Lucas
Gold Belt is approximately +200km long and up to 75km wide, and is believed to
be one of the most prolific gold producing districts in Colombia that has been
artisanally mined for over 200 years. Very little modern or systematic
exploration work has been conducted in the district and so it is believed to
have significant potential for high-grade gold discoveries. The project is
adjacent to the Gloria Mine, the largest artisanal mine in the area, on three
sides. A total of 40 mineralized veins inside historical artisanal mine adits
have been identified and sampled with grades from rock chip samples up to 87.5
g/t Au.


The regional structure in the San Lucas gold district is dominated by northerly
and north-easterly trending photo-linear structures, due to both tensional and
distortional deformation, that act as important controls for the hydrothermal
mineralization. The bulk of the hydrothermal mineralization occurs in relatively
narrow vein systems from a few centimeters wide and up to several meters in
width. The veins are variably continuous along strike from a few meters to
several hundred meters, and may attain depths to over 400 meters. There are also
occasional stock work and disseminated gold bearing mineralization found on the
property. 


About CuOro Resources Corporation

CuOro Resources (TSX VENTURE:CUA) is a Canadian publicly-listed exploration
company with two projects in Colombia. The company flagship Santa Elena Copper
project, located in Antioquia hosts potential high-grade near surface VMS
deposits. The current 25,000m drill program is well underway, with recent
results returning assays of 102.9 m at 1.44% Cu including 14 m at 2.9% copper.
The Company has the right to acquire 100% interest in the Santa Elena Property.
The second project Barranco de Loba gold project is located in the highly
prospective San Lucas Gold Belt of Bolivar in Colombia were a total of 40
mineralized veins inside historical artisanal mine adits have been identified
and sampled with grades from rock chip samples up to 87.5 g/t. The Company is
well capitalized with C$11M in the treasury and is managed by an experienced
technical management team that resides 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.


The above information has been prepared under the supervision of Michel Rowland,
P.Geo., who is designated as a "Qualified Person", and who has reviewed the
information and has verified the authenticity and validity of the data.


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,

Robert Sedgemore, 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.