Cassius Ventures Announces Initial Rock Grab Sample of 6.26 g/t Au From Leon Gold, Silver and Molybdenum Porphyry

Cassius Ventures Ltd. (TSX VENTURE:CZ) (the "Company") is pleased to announce
initial sampling results from the Leon project, located in western Nicaragua. 


Detailed mapping has shown the existence of a porphyry in the Cerro Rojo area,
on the western side of La Leonesa, the largest concession within the Leon
project area. Geochemical sampling results from the porphyry indicate an
association of gold, silver and molybdenum mineralization observed on higher
valued rock grab samples, assaying 6.26 g/t Au, 77.8 g/t Ag and 0.049% Mo. 


Within Leon, three areas are being developed with encouraging gold assay
results: Cerro Rojo, Las Mercedes, and Santa Barbara. All 3 areas continue to
have extensive soil, rock sampling, prospecting and mapping carried out.


John Thomas, President and CEO, added, "The initial results from sampling and
mapping in the Leon project area has proven to be very encouraging in terms of
identifying several significant targets for further exploration. In particular,
with the planned Induced Polarization survey scheduled to take place in Cerro
Rojo, the Company hopes to identify the favorable targets for trenching and
drilling in the coming months."


Cerro Rojo

Cerro Rojo, located in the northwest part of Leon and west of El Sauce, contains
an occurrence of intermediate quartz-feldspar porphyry that is oxidized and
argillitized. Mapping of the porphyry indicates coverage of approximately 6 km2
of porphyry with oxidation, argillitization, quartz veinlets, brecciation, and
traces of 1% to 2% pyrite. 


Stream sediment sample anomalies guided the exploration to this area with the
collection of 1,058 soil samples and 148 rock samples at outcrops. Soil sampling
was carried out on grids oriented N 030 degrees E over line lengths of 4.5 km
and with samples taken every 100 m, covering 21 km2 of sampling overall. 


As a result of the soil sampling, 17 anomalous Au values were discovered ranging
from 40 ppb Au to 125 ppb Au. A correlation exists with Mo and Cu with values
reaching 58 ppm Mo and 55 ppm Cu. Rock sampling resulted in the discovery of 10
anomalous gold values, most of which range from 51 ppb to 622 ppb Au, with one
sample returning a value of 6,264 ppb Au. 


Rock sampling also returned anomalous values with respect to copper, molybdenum
and silver with values reaching 492 ppm Mo, 97 ppm Cu and 77.8 g/t Ag
respectively. An Induced Polarization ("IP") program for the area is being
planned to cover an area of 11 km2 with lines every 200 m and lines of 3.5 km in
length.


Las Mercedes

Las Mercedes, on the east side of Leon and southeast of El Sauce, contains gold
anomalies occurring near a northwest trending structural lineament. A total of
247 soil samples were collected with 25 samples returning anomalous values
ranging from 50 ppb Au to 196 ppb Au. 


The anomalous gold values have corresponding Cu and Mo values in the soils with
values attaining 92 ppm Cu and 60 ppm Mo respectively. Initial mapping in the
area of the Au soil geochemical anomalies has outlined areas with quartz float
blocks and located one old underground working with quartz veining and stockwork
mineralized with pyrite, chalcopyrite and galena. 


Outcrop mapping, mapping of old underground workings and further sampling is
scheduled to be carried out in the next month. 


Santa Barbara

At Santa Barbara, just west of El Sauce, six rock samples gave gold assays
greater than 0.275 g/t Au. The samples were taken on surface quartz float blocks
and the source of the blocks is being followed up with prospecting. 


Further updates will be provided in due course.

On behalf of the Board of Directors

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.