Central Commences Drill Program on Newman Todd Property

VANCOUVER, BRITISH COLUMBIA, Nov 12 (MARKET WIRE) --
Central Resources Corp., (TSX VENTURE: CBC) ("Central" or the "Company")
is pleased to announce the commencement of a drill program on the Newman
Todd property located in the Red Lake Gold Camp in Northwestern Ontario.
Previous work completed by Redstar Gold Corp. (TSX VENTURE: RGC)
("Redstar") on the Newman Todd property outlined gold mineralization
within a silicified breccia zone that has been traced for at least two
kilometres. The large geological structure contains steeply dipping
high-grade gold veins. The focus of the 1,200 meter drill program will be
to further test this geological structure. Central is joint-operator with
Redstar on the project and has an option to earn up to a 60% interest in
the property under the terms announced October 05, 2009.

The Newman Todd property is comprised of 13 patented claims totalling 195
hectares and is situated 35 kilometres west of the town of Red Lake,
Ontario. The property has seen intermittent exploration since the late
1920s including geophysical surveys, geological mapping, geochemical
surveys, trenching, and several small drill programs. This past work,
though limited in scope, has identified fifteen gold occurrences, as
documented with the Ontario MNDM, and defined alteration and deformation
similar to those reported with gold mineralization at the major Red Lake
mines. As many as seven gold prospects with small-scale underground
development and mine workings are located on nearby claims within five
kilometres of the property boundary. These include the Cole Gold Mine,
West Red Lake Mine, Miles Red Lake Prospect, May-Spiers Prospect, Mt.
Jamie Mine, Rowan Gold Mine, and Red Summit Mine.

Since 2002, Redstar has advanced the property through exploration
including prospecting, structural analysis, airborne magnetic and EM
surveys, and a Titan MT/DCIP survey. Exploration from 2005 to 2008
consisted of a seventeen hole (4,644 metre) drill program. Sixteen of the
holes intersected wide zones of breccia with anomalous to locally
high-grade gold mineralization, including up to 69.02 g/t over 1.0 metre
within a 3.0 metre interval grading 24.89 g/t. A new gold bearing trend,
which can be traced for the entire length of the property has been
identified and is defined by wide zones of brecciation and strong
carbonate alteration with zones of intense silicification and local high
grade gold mineralization.

Stephen Kenwood, P. Geo., a "Qualified Person" as defined by National
Instrument 43-101, has reviewed and approved the technical disclosure in
this news release.

About Central Resources

Central Resources Corp. is a junior mineral exploration company created
to leverage the extensive knowledge and expertise of a team of financial
and resource industry professionals. The management team is committed to
developing a successful junior resource company through the acquisition
and exploration of properties of merit.

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Central Resources Corp.
Tim McNulty
President and CEO
778-327-6678
info@centralres.ca
www.centralres.ca

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