CBC Uranium Standard Resources Ltd.

Central Resources Corp. (TSX VENTURE:CBC) ("Central" or the "Company") is
pleased to announce that it has negotiated a non-brokered private placement of
$200,000 through the sale of 4,000,000 units at a price of $0.05 per unit.


Each unit will consist of one common share and one share purchase warrant. Each
warrant will entitle the holder to purchase one additional common share of the
Company for a period of 12 months from closing at an exercise price of $0.10.
The Company may accelerate the expiry of the warrants (following the expiry of
the 4 month hold period) if the twenty-day volume-weighted average trading price
of the shares on the TSX Venture Exchange (or such other exchange on which the
shares may be listed) exceeds $0.20 in which event the warrant will expire 30
calendar days after the date that the Company provides notice to the holders. 


The proposed private placement is subject to TSX Venture Exchange acceptance.
All securities issued under the private placement will be subject to a four
month hold period from the closing date. The proceeds from the private placement
will be used for general working capital and to fund exploration of the
Company's mineral projects.


About Central Resources 

Central Resources Corp. is a junior exploration company created to leverage the
extensive knowledge and experience of a dedicated group of financial and
resource industry professionals. The Company has acquired options on several
highly prospective mineral properties in the Yukon and British Columbia and
continues to pursue additional opportunities to build shareholder value.


This news release contains forward-looking information, which involves known and
unknown risks, uncertainties and other factors that may cause actual events to
differ materially from current expectation. Important factors - including the
availability of funds, the results of financing efforts, the results of
exploration activities - that could cause actual results to differ materially
from the Company's expectations are disclosed in the Company's documents filed
from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as of
the date of this press release. The company disclaims any intention or
obligation, except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

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