Cassius Acquires Additional Nicaraguan Property

Cassius Ventures Ltd. (the "Company") (TSX VENTURE:CZ) is pleased to announce
that its wholly owned Nicaraguan subsidiary, Fortress de Nicaragua S.A.
("Fortress"), has acquired all of the issued and outstanding shares of Nueva
Segovia Mining S.A. ("Nueva Segovia"), a private Nicaraguan company. 


Nueva Segovia owns the El Zungano Concession in northern Nicaragua (the
"Concession"), which covers approximately 23,814 hectares adjacent to the
Company's existing MMD Concession area, where the Company's drilling program is
expected to commence shortly, and in proximity to concessions held by Golden
Reign.


Nueva Segovia was purchased from a subsidiary of Infinito Gold Corp. (TSX
VENTURE:IG) for the purchase price of CAD $5,000. Concession and landowner fees
payable by Nueva Segovia during 2012 will total USD$63,000. John A. Thomas, a
director of the Company and its CEO and President, is also a director of
Infinito. Steven Dean, the Chairman of the Board of Directors of the Company, is
also a director of Infinito. The acquisition was approved by the independent
directors of Cassius.


John Thomas, President and CEO of the Company, noted: "The acquisition of the El
Zungano Concession represents a significant addition to our existing concession
holdings in a highly active gold exploration area in northern Nicaragua. We will
be focused on investing in the significant exploration potential at El Zungano
and look forward to announcing technical information in the coming weeks."


To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/cz0131fig1.pdf.


The Company is also pleased to announce that it has recently launched its new
website www.cassiusventures.com. The website is designed to offer a convenient
point of reference for investors and act as a useful resource for keeping up to
date with our exploration program in Nicaragua. For additional information on
our current exploration program, please visit our website.


John A. Thomas, P.Eng, CEO and President

Eddy Canova, P.Geo., consultant to the Company and a Qualified Person as defined
by NI 43-101, has reviewed and is responsible for the technical information
contained in this news release.


This news release contains forward-looking information (within the meaning of
Canadian securities laws) about the Company and its future plans.
Forward-looking information reflects management's expectations or beliefs
regarding future events rather than historical facts, and in this news release
includes, without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the Company.
In certain cases, forward-looking statements can be identified by the use of
words such as "plans", "expects" or "does not expect", "scheduled", "believes",
or variations of such words and phrases or statements that certain actions,
events or results "potentially", "may", "could", "would", "might" or "will" be
taken, occur or be achieved. There can be no assurance that forward-looking
statements will prove to be accurate, and actual results could differ materially
from those expressed or implied by the forward-looking statements.
Forward-looking statements are based on certain assumptions that management
believes are reasonable at the time they are made. In making the forward-looking
statements in this news release, the Company has applied several material
assumptions, including, but not limited to, the assumption that: (1) the
Company's ability to discover minerals in commercially feasible quantities in
Nicaragua, (2) the Company's ability to raise the necessary financing for
ongoing operations and to complete any acquisitions or pursue any planned
exploration programs, (3) there being no significant disruptions affecting
operations, whether due to labour/supply disruptions, damage to equipment or
otherwise; (4) permitting, development, expansion and power supply proceeding on
a basis consistent with the Company's current expectations; (5) certain price
assumptions for gold; (6) prices for availability of natural gas, fuel oil,
electricity, parts and equipment and other key supplies remaining consistent
with current levels; (7) the accuracy of current mineral resource work and
studies on the Company's property; and (8) labour and material costs increasing
on a basis consistent with the Company's current expectations.

Important factors that could cause actual results to differ materially from the
Company's expectations include, among others, risks related to the ability of
the Company to obtain necessary financing and adequate insurance; the economy
generally; fluctuations in the currency markets; fluctuations in the spot and
forward price of gold or certain other commodities (e.g., diesel fuel and
electricity); changes in interest rates; disruption to the credit markets and
delays in obtaining financing; the possibility of cost overruns or unanticipated
expenses; employee relations. Accordingly, readers are advised not to place
undue reliance on forward-looking statements. Except as required under
applicable securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking statements, whether as a result of new
information, future events or otherwise. Reference to the section entitled
"Risks and Uncertainties" immediately preceding this section.