Cassius Ventures Ltd. Provides Exploration Update-Leon Porphyry Target Continues to Demonstrate Potential

Cassius Ventures Ltd. (TSX VENTURE:CZ) (the "Company") is pleased to provide an
exploration update in respect of the Leon and Nueva Segovia project areas.


Highlights Include:



--  Leon project area - Cerro Rojo - continued mapping and grab sampling of
    the Cerro Rojo porphyry returned eight gold values between 1.05 g/t Au
    and 14.01 g/t Au. Grab sampling results outlined five anomalous gold
    areas covering 60 hectares.

--  Leon project area - Las Mercedes - mapping and prospecting of soil
    geochemical anomalies resulted in the discovery of two quartz veins with
    chip samples grading 32.15 g/t Au and 55.25 g/t Au.

--  Nueva Segovia project area - Manto de la Corona - Two quartz veins have
    been identified and sampled, one 3 to 4 m in width by 60 m in length and
    the second 0.20 m to 0.40 m in width, gently dipping north.

--  Nueva Segovia project area - La Lampara - channel sample results taken
    from old underground workings at Tunnel 6 assayed 5.25 g/t Au over 0.75
    m and 12.97 g/t Au over 1.00 m. Tunnel 14 assayed 1.58 g/t Au over 0.81
    m.

--  Nueva Segovia project area - El Escandalo - 44 channel samples taken
    from old workings returned gold assays between 1.03 g/t Au and 14.30 g/t
    Au.

--  Nueva Segovia project - Cobano - Quartz veining of 4 to 6 m in width by
    an exposed strike length of 50 m. Sampling returned assays of 3.8 g/t
    Au, 5.96 g/t Au and 19.59 g/t Au.



Over the past few months, the Company has compiled an extensive amount of
information through its exploration efforts. In the coming months, focus will be
placed on compiling these results and interpreting the data to re-define the
exploration program and re-focus the trenching and drilling.


John Thomas, President and CEO, added: "We have compiled an extensive amount of
technical information on both the Leon and Nueva Segovia areas which we are
analyzing and which will help prioritize the next stages of our exploration
program."


Leon

Recent Au assay results from soil geochemistry and rock sampling has outlined
two areas of interest at the Leon project area: Las Mercedes and Cerro Rojo.


At Cerro Rojo, continued mapping, prospecting and rock grab sampling in this
gold soil geochemical anomaly has identified five anomalous areas covering 60
hectares. Within these five anomalous areas, eight bedrock rock grab samples
assayed between 1.05 g/t Au (0.012% Mo) and 14.01 g/t Au (0.065% Mo) occurring
within an Au-Mo mineralization porphyry system.


At Las Mercedes, four gold soil geochemical anomalous areas have been outlined
with values greater than 43 ppb Au. Follow-up of the soil geochemical anomalies
has resulted in the discovery of two mineralized quartz veined and silicified
dacites grading 32.15 g/t Au and 55.25 g/t Au from grab samples. The
mineralization and structures trend northwest, similar to the mineralization
trends at the La India deposit, southeast of the property.


Further prospecting, mapping and trenching of the mineralization and soil
geochemical anomalies of these two areas is expected in coming months.


Nueva Segovia

At Manto de la Corona, located in the northern part of Nueva Segovia, final
results of the third drill hole JD-03 have been received and two gold
mineralized quartz veins with surface exposure have been sampled. Drill hole
JD-03 has two anomalous gold intersections at 174.15 m grading 0.33 g/t Au over
3.0 m and at 210.0 m grading 0.21 g/t Au over 4.3 m. Drill hole JD-03 had
previously reported an upper intersection grading 0.91 g/t Au over 9.92 m. Two
quartz veins have been extensively sampled and results are pending. The first
quartz vein is 200 m west of drill hole JD-01 with exposure measuring 60 meters
in length and 3 to 4 meters in width. The second quartz vein dipping north is 70
m east of drill hole JD-01 occurring underground and has a width of 20 cm to 40
cm.


At La Lampara, just south of Manto de la Corona, 16 tunnels have been channel
sampled. Assay results from channel sampling at Tunnel 6 graded 1.57 g/t Au over
1.0 m, 5.25 g/t Au over 0.75 m and 12.97 g/t Au over 1.00 m and tunnel 14 graded
1.30 g/t Au over 0.50 m and 1.58 g/t Au over 0.81 m. Channel sampling results
from an additional 12 tunnels are pending.


At El Escandalo, located in the southern part of Nueva Segovia, gently dipping
quartz vein structures have been observed in underground old tunnel workings.
The tunnels had 44 channel samples collected with assays grading between 1.03
g/t Au and 14.30 g/t Au. The gold mineralization in the quartz vein at El
Escandalo occurs at three sites along a strike length distance of 565 m. A
second area called Cobano has an exposed occurrence of wide quartz veins
measuring 3.0 m to 6.0 m in width by 50 m along its southeast trend. Assay
results from three grab samples collected along the quartz vein trend has given
assay results of 3.8 g/t Au, 5.96 g/t Au and 19.59 g/t Au. Several additional
samples have been collected on the vein and assays are pending.


All four areas noted above have gold bearing quartz veins occurring along
prominent structural trends. The areas warrant further mapping, prospecting,
sampling and trenching of the veins expected to be carried out in the coming
months.


Further updates will be provided in due course.

CASSIUS VENTURES LTD. (www.cassiusventures.com)

On behalf of the Board of Directors

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

Eddy Canova, P.Geo., Director of Exploration of 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.