CBC Uranium Standard Resources Ltd.

Central Resources Corp. (TSX VENTURE:CBC) ("Central" or the "Company") is
pleased to announce that it has negotiated an extension to the Tam property
agreement. The option agreement has been amended in order to give the Company
more time to complete the required exploration expenditures. The Tam property is
located in the Quesnel Trough area of BC, approximately 21 kilometres northeast
of Lac La Hache, immediately to the east of GWR Resources Inc.'s Lac La Hache
property where diamond drilling is underway.


The following description of the Tam property is based upon a National
Instrument 43-101 report prepared for the Company by Calvin Church, P.Geo., and
dated May 14, 2008 (revised June 20, 2008). The entire report can be found on
SEDAR.


The property is underlain by Nicola Group island arc volcaniclastic and
sedimentary rocks which are intruded by a number of plutons, stocks and dykes
which are part of an alkaline intrusive complex underlying the Spout Lake area.
Nicola Group rocks occur in contact with the Takomkane batholith to the east and
north of the property.


The claims are located at the southeast end of a large arcuate aeromagnetic
anomaly which reflects magnetite rich phases in the Spout Lake alkaline
intrusive complex and/or alteration zones along its margin. Past exploration
work along the southern limb of this anomaly located a number of occurrences
mineralized with copper plus accessory values in gold, silver +/- molybdenum and
tungsten. Mineralization occurring on the Tam property consists predominately of
pyrite, chalcopyrite, malachite and bornite and is primarily associated with
monzodiorite to syenitic intrusives and structures.


There are two significant copper (+/- gold) showings on the property; Tim 1 and
Tim 2. The Tim 1 showing is located on the east side of the Tam 3 claim. The Tim
1 zone was tested by Stallion Resources Ltd., in 1983 with six short diamond
drill holes totalling 312 metres. The more significant mineralized intersections
are tabulated below.


Significant Drill Intersections (1983):



---------------------------------------------------------------------------
                                  INTERVAL                                 
DRILL HOLE   FROM (m)     TO (m)        (m)     Cu (%)   Ag (opt)   Au (opt)
---------------------------------------------------------------------------
DDH 83-1(i)      0.0       45.7       45.7       2.76       0.74      0.018
---------------------------------------------------------------------------
DDH 83-3        16.7       25.9        9.2       0.52       0.15      0.003
---------------------------------------------------------------------------
                47.2       51.8        4.6       0.90       0.09      0.003
---------------------------------------------------------------------------
DDH 83-5        19.8       33.5       13.7       1.03       0.30       0.01
---------------------------------------------------------------------------
DDH 83-6         9.1       13.7        4.6       1.99        N/A        N/A
---------------------------------------------------------------------------
(i) This interval includes 14 samples assaying between 1% and 18% Cu. DDH  
    83-1 drilled at -70 degrees may have been drilled down dip. The true   
    width of the mineralization is unknown.                                



Drilling at the Tim 1 showing by GWR Resources Inc., in 2001 returned 0.61%
copper, 0.18 g/t gold and 6 g/t silver over 17.4 metres, and 0.50% copper, 0.11
g/t gold, 3.0 g/t silver over 5.6 metres, respectively from sheared and
brecciated monzodiorite.


The Tim 2 showing is located on the northwest side of the Mat 3 claim. Grab
samples taken over a strike distance of 44 metres by GWR Resources in 2001
returned 0.212 to 1.915% copper, 7 to 222 ppb gold and 5.9 to 64.5 ppm silver.
Other areas of copper mineralization which have not been evaluated are reported
in trenches and along road cuts on the Tam and Mat claims.


Induced polarization surveys conducted by Central in 2008 have produced several
anomalous resistivity and chargeability responses that can be interpreted as
exploration targets that warrant further investigation. The IP surveys clearly
show that the IP anomaly in the central portion of the property is at a depth
greater than 100 metres below surface. None of the previous drilling in this
area has penetrated to this depth. This is clearly a primary drill target.


Calvin Church, P.Geo., a qualified person as defined by National Instrument
43-101, has reviewed and approved the technical disclosure made in this press
release.


Revised Option Terms

The option agreement has been amended in order to give the Company more time to
complete the required exploration expenditures and make the required cash and
share payments. The total exploration expenditures, cash and share payments have
not changed.


A summary of the revised terms follows.



---------------------------------------------------------------------------
Date                    Exploration Expenditure          Cash        Shares
---------------------------------------------------------------------------
October 15, 2011                            Nil           Nil       200,000
---------------------------------------------------------------------------
June 30, 2012                          $200,000       $45,000       200,000
---------------------------------------------------------------------------
December 31, 2012        An additional $400,000       $60,000       200,000
---------------------------------------------------------------------------
December 31, 2013        An additional $800,000       $90,000           Nil
---------------------------------------------------------------------------



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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