Central Resources Announces Private Placement Financing

Central Resources Corp., (TSX VENTURE:CBC) ("Central" or the "Company") is
pleased to announce a non-brokered private placement offering up to two million
units at $0.15 per unit to raise gross proceeds of $300,000.


Each unit will consist of one common share and one share purchase warrant. Each
warrant will entitle the holder to purchase one additional share for a period of
one year at a price of $0.25 per share. If on any day during the period starting
four months after closing until the expiry of the warrants, the ten-day
volume-weighted average trading price of the shares on the TSX Venture Exchange
exceeds $0.50, the company may, within 30 days thereof, give an expiry
acceleration notice to the holders of warrants, and, if it does so, the warrants
will, unless exercised, expire on the 30th day after the expiry acceleration
notice is given.


All securities issued in the offering and any shares issued upon exercise of
warrants will have a hold period in Canada of four months from the closing of
the offering.


The proceeds of the private placement will be used for general working capital.
Completion of the placement is subject to acceptance for filing by the TSX
Venture Exchange.


About Central Resources

Central Resources Corp. is a junior mineral 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 White Gold District of
central Yukon, and continues to seek 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.

Uranium Standard Resources Ltd. (TSXV:CBC)
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